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Ether options traded a record 1,135 contracts ($216 million).“Traders seem to be getting more exposure now to ETH relative to Bitcoin,” CryptoQuant said.
"The largest daily spot buying from ETH permanent holders so far in 2024."Ether prices in the coming days could be volatile after investors sent 62,000 ETH to exchanges, the most since early March, it said.
"High exchange flows are typically associated with price volatility.”On the flip side, the firm’s analysts warned of a “significant price correction” should the ETF application be dismissed.Six issuers, including BlackRock, filedupdated copies of their ether ETF proposalsthis week ahead of a decision due today.
Real Estate Syndication for Multi Property Investment Funds ✌️【Stock Market】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!All removed plans to stake the token, which suggests the activity may have been a regulatory roadblock.Staking is the process of locking a cryptocurrency for a set period of time to help support the operation of a blockchain, in turn for a reward.
Real Estate Syndication for Multi Property Investment Funds ✌️【Stock Market】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.These rewards are largely considered passive income among crypto traders.As of Thursday, annualized yields on ether staking were nearly 3%, according to data from popular staking service Lido.Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
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