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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Riot Platforms buys more bitcoin, raising holdings to 17,429 BTC
Riot Platforms buys more bitcoin, raising holdings to 17,429 BTC

Riot has increased its holdings to 17,429 BTC, currently valued at $1.8 billion based on the current market price of BTC of $103,873.Riot shares (ticker RIOT) are up more than 20% over the past five trading days.

The Block·2024/12/16 16:22
Parody trader account receives memecoin gift that grew to nearly $1 million
Parody trader account receives memecoin gift that grew to nearly $1 million

Quick Take Someone sent Richard E. Ptardio, a parody trader account, 700 million tokens of the memecoin PTARDIO on Tuesday.

The Block·2024/12/16 16:00
Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum
Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum

Quick Take Wormhole is working with blockchain development company Nuffle Labs on a solution to expand EigenLayer’s restaking functionality beyond the Ethereum ecosystem.

The Block·2024/12/16 16:00
Ohio lawmaker proposes bill to create a state-backed bitcoin reserve
Ohio lawmaker proposes bill to create a state-backed bitcoin reserve

Quick Take Ohio State Representative Derek Merrin introduced a bill to create a bitcoin reserve within the state treasury. Several other state representatives have pushed for state bitcoin reserves, as U.S. president-elect Donald Trump looks to build a national strategic reserve of bitcoin.

The Block·2024/12/16 16:00
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  • 15:12
    Greeks.live: Recently, the Market Has Focused on Tokenized US Stocks, Diverting Attention from the Crypto Market
    Odaily Planet Daily News: Greeks.live macro researcher Adam posted on the X platform, stating that July 4 options expiry data shows:28,000 BTC options expired, with a Put Call Ratio of 1.07, a max pain point at $106,000, and a notional value of $3 billion.237,000 ETH options expired, with a Put Call Ratio of 1.25, a max pain point at $2,500, and a notional value of $600 million.Today is the first expiry day after the quarterly settlement, and the market remains relatively stable. Recently, the spotlight has been on the tokenization of US stocks, which has undoubtedly diverted attention from the crypto market. Although BTC has once again pushed for new highs, overall market sentiment has not been significantly boosted. Looking at the main options data, in terms of implied volatility, BTC's IV remains at a low level, with short- and medium-term IVs all below 35%. ETH's IV has slightly declined, falling below 60%, so there is still room for cross-asset volatility strategies.
  • 15:05
    Alpine Fox LP Founder: A Major Whale Buyer Will Purchase Over 8,000 Bitcoins from the Firm
    According to a report by Jinse Finance, Mike Alfred, founder of Alpine Fox LP, revealed in a post that a whale buyer has reached an agreement with him to purchase over 8,000 bitcoins. Mike Alfred stated: "A super whale buyer contacted me within the past hour, and we have reached an agreement on a transaction involving more than 8,000 bitcoins. The selling pressure on the open market will decrease, and prices are expected to rebound before next Monday."
  • 14:55
    Bank of England Open to the Use of Stablecoins for Wholesale Payments
    Odaily Planet Daily News: The Bank of England has taken a forward-looking stance on digital innovation this week. Its Executive Director, Sasha Mills, stated that the bank is “open” to the use of stablecoins for wholesale payments, which contrasts with last week’s report from the Bank for International Settlements that labeled stablecoins as “unreliable currencies.” Mills emphasized that financial stability remains the top priority, but after legal revisions, the central bank must also balance innovation, and its regulatory approach will become more balanced. As reported yesterday, the Governor of the Bank of England warned that stablecoins pose a threat to public trust in money. (Ledger Insights)
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