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Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.
South Korea’s opposition Democratic Party plans to move forward in its election pledge to make spot crypto funds accessible in the country.Local financial regulators currently see no legal basis for the local issuance and trade of spot crypto ETFs.
The total crypto market cap is down below $2.5 trillion once more.
BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.
The CEO of LayerZero Labs confirmed that employees are ineligible to claim the project’s upcoming airdrop. LayerZero Labs completed the initial snapshot for its token airdrop on May 1.
- 21:18L2 Volume on Uniswap Protocol Hits All-Time High, Surpasses $500 BillionL2 transaction volume on the Uniswap protocol reached an all-time high, topping $500 billion, according to Dune data.
- 21:17Dollar index down 0.12% on 16The U.S. dollar index, a measure of the greenback against six major currencies, fell 0.12% on the day, closing at 108.955 at the end of the currency market.As of the end of the currency market in New York, the exchange rate of 1 euro to 1.0302 U.S. dollars, higher than 1.0293 U.S. dollars in the previous session; 1 pound to 1.2235 U.S. dollars, higher than 1.2231 U.S. dollars in the previous session. Yen 156.46 yen for 1 U.S. dollar, down from 156.46 yen for 1 U.S. dollar; 0.9109 Swiss francs for 1 U.S. dollar, down from 0.9127 Swiss francs for 1 U.S. dollar; 1.4396 Canadian dollars for 1 U.S. dollar, up from 1.4329 Canadian dollars for 1 U.S. dollar; 11.1466 Swedish kronor for 1 U.S. dollar, down from 11.1543 Swedish kronor for 1 U.S. dollar.
- 21:16ADA Ada Coin price reaches $1.1195 per coin, down -2.01% on the dayLatest price news for Ada Coin cardano, ADA Ada Coin real time price fell -2.01% to $1.1195, trading volume $2.242 billion After k-chart analysis, it is currently in an oscillator trend. It is slightly up compared to 15:00, slightly down compared to 16:00, up from 08:00 and down from 12:00. Overbought condition, active market, strong upward momentum.According to the Williams indicator, it is currently overbought. Trading volume has increased recently, trading volume is higher than in the previous hours, price and volume are rising at the same time: trading is active and upward momentum is strong.The market is overbought and then falling, so short-term investors are advised to wait and see for the market to further clarify its direction. The above is for reference only and does not constitute investment advice.