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Bitcoin options implied volatility rises sharply on short-dated puts as traders prepare for potential downside swings: analysts
Bitcoin options implied volatility rises sharply on short-dated puts as traders prepare for potential downside swings: analysts

The implied volatility of short-dated bitcoin options indicates that derivatives traders are bracing for near-term price volatility, potentially to the downside, according to analysts.However, derivatives traders are maintaining their focus on a longer-term bitcoin price upside — despite a shift in sentiment reflected in short-dated IV, analysts added.

The Block·2024/06/27 10:40
State Street and Galaxy Digital team up to launch active crypto ETF
State Street and Galaxy Digital team up to launch active crypto ETF

The two firms’ new fund aims to provide exposure to various types of companies involved with crypto and blockchain.State Street will oversee the administration of the funds, while Galaxy will handle day-to-day operations.

The Block·2024/06/27 10:22
Flash
05:46
Spokesperson for the Central Bank of Indonesia: The Central Bank will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability.
Bank Indonesia spokesperson: Bank Indonesia will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability
05:46
Ethereum falls below 1700 USDT
Foresight News reports that according to Bitget data, Ethereum has fallen below 1,700 USDT, currently trading at 1,698.00 USDT, with a daily decline of 4.11%.
05:45
LayerZero will upgrade the default DVN configuration to 3-of-3 on July 9 and plans to deprecate the v1 relayer.
Foresight News reports that LayerZero has released an update announcement, planning to upgrade the default path configuration for Endpoint v1 and v2 on July 9. Specifically: the default configuration for Endpoint v2 will be raised from 2-of-2 to a minimum of 3-of-3; the default library for Endpoint v1 will be switched from ULNv2 to ULNv301. This change only affects applications using the default settings and is expected to cause a brief interruption of about 15 minutes. In addition, LayerZero will deprecate the relayer servicing v1 (ULNv2) on August 3. Teams currently using ULNv2 need to reset to ULNv301, otherwise message delivery will cease. Regarding secure clients, LayerZero will rename the original TypeScript version of Gasolina to Aegis and simultaneously launch a Rust version of the Veritas verification client. Both will run in parallel to enhance RPC consensus robustness. At the same time, LayerZero plans to upgrade all multisig thresholds to 5-of-7 in June and to further increase them to 7-of-10 by the end of summer.
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