Newsroom

#Newsroom $BTC $ETH
$2.95 Billion Bitcoin and Ethereum Options Expiring Data on Deribit shows that 26,949 Bitcoin contracts will expire today. The expiring options have a notional value of approximately $2.6 billion.

The maximum pain point at which the asset will cause financial losses to the greatest number of holders is $91,000. At this point, most contracts will expire worthless.

Bitcoin’s put-to-call ratio is 1.01. This suggests a bearish sentiment as investors make more sales (Put) than purchase (Call) orders.

#Source:TradingView

In contrast, Ethereum’s put-to-call ratio is 0.92, indicating a generally bullish market outlook for ETH. Based on Deribit data, 184,296 Ethereum contracts will expire today. These expiring contracts have a notional value of approximately $340.7 million and a maximum pain point of $1,800.

Ethereum has seen a modest increase of 2.27% since Friday’s session opened, to trade at $1,848 as of this writing.

Despite Bitcoin sales calls exceeding purchase calls, analysts at Greeks.live cite a predominantly bullish sentiment in the market. They also note that many traders expect a push toward $100,000, citing low volatility and market structure.

🚫🚦🚫Here are the key highlights currently affecting $XRP 's market activity:🌂💹
#newsroom #HODL

1. Whale Activity
Large XRP holders ("whales") have recently transferred significant amounts of XRP to Binance.🥺
This suggests possible sell-offs, which can apply downward pressure on the price and create market caution.😶

2. ETF Developments
Futures ETFs: The approval of three XRP futures ETFs boosted investor confidence and helped XRP reach an intraday high of $2.36.💥
Speculation on Spot ETF: Market buzz is growing around a potential spot XRP ETF. If approved, it could drive XRP above $4, according to analysts.🚀🚀🚀

3. Ripple vs. SEC Lawsuit
The legal battle between Ripple and the U.S. SEC remains unresolved.🙈
A recent meeting between Ripple’s chairman and SEC officials showed no signs of settlement, prolonging uncertainty for investors.😶‍🌫️

4. Technical Analysis
XRP shows bullish technical signals and strong spot market demand.💹
Analysts project a possible 70% rally if current price patterns hold.🔥

5. Analyst Predictions💥🚀💥
Some analysts forecast XRP reaching $5 in May, with long-term projections as high as $17 to $55 depending on broader market momentum and legal clarity. 🚀🚀🚀💥🔥🔥🔥😎

#Newsroom $TRUMP Recent discussions around the $TRUMP  memecoin highlight its significant impact, with $2.4 billion in on-chain transfers linked to a dinner event hosted by Donald Trump. Despite this activity, the price of $TRUMP  has faced volatility, dropping over 8% recently, alongside other altcoins.

Trump Media is reportedly planning to launch a utility token for its Truth+ subscription service, with future expansions anticipated within the Truth ecosystem. This comes as the company's stock has declined by 26% year-to-date.

In the broader market context, while major cryptocurrencies remain stable, many altcoins, including $TRUMP , are experiencing setbacks. The current market cap stands at $3.10 trillion, with a fear and greed index indicating a state of greed at 56.

Additionally, the SEC has postponed decisions on proposed ETFs for $XRP and $DOGE, while BlackRock is looking to integrate its money market fund into blockchain technology. Overall, the memecoin landscape is witnessing both excitement and challenges as new developments unfold.