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ETH vs SOL Battle Erupts Online Amid Ran Neuner’s Mixed Views on Ethereum
Ran Neuner, historically a strong supporter of Ethereum, had previously shifted some of his holdings to Solana and favours it over ETH. Despite Ethereum’s recent ETF approval, he believes ETH has underperformed so far. While Neuner points to poor sentiment, he suggests that buying the dip in Ethereum, if one believes in its fundamentals, could present an opportunity. Host and founder of Crypto Banter, Ran Neuner believes Ethereum may be on its way down and not worth much as an asset any longer (although – spoiler alert – there could be a twist here). He says this despite being involved...
61,000 Bitcoin Options to Expire Today, Will BTC Price Rally Extend to $70,000?
Greeks Live data shows that the implied volatility (IV) for major terms has surged significantly with short-term IVs surging 10% or more in comparison to the previous week. The world’s largest cryptocurrency Bitcoin (BTC) gave a strong surge of over 5% in the last 24 hours moving back above $67,000 levels ahead of Friday’s expiry. As of today, July 26, 61,000 Bitcoin option contacts are set to expire with a notional value of $4.1 billion. As per data from Geeks Live, the put-call ratio is 0.62 with a max pain point of $63,500. The max pain point refers to the...
BTC price 8% off all-time high — 5 things to know in Bitcoin this week
Bitcoin starts a new week as a serious comeback — and a shot at all-time highs — continues to take shape. Fresh from 12% weekly gains, Bitcoin BTC $58,977 price strength shows little sign of slowing down as final resistance approaches. Beyond is a return to price discovery, but will bulls finally get their wish after four months of consolidation? How Bitcoin behaves going forward depends on multiple factors, analysts say. A combination of institutional demand, sell-side pressure, geopolitical curveballs and inflation are all due to contribute to crypto market volatility. On high timeframes, the picture is nonetheless optimistic: after...
