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Kristine LeUp
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Dego Finance
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🎤 Upcoming AMA with @ElfinGame: Building the #Metaverse with DEGO on Elfin Lands

👾3 Elfin Lands to lucky winners

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◾ Follow @ElfinGame x @dego_finance
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⏰ 7 AM UTC, Jan 29

*** Correction
◾Follow @ElfinGames x @dego_finance
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The Blockopedia
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💰 Bitcoin Options Expiry: Can Almost $1B Shift BTC Prices Higher? 🚀📉

As Friday marks Bitcoin options expiry day, nearly $1 billion in contracts are set to be settled or renewed, creating ripples in the crypto market. 📅 Around 21,900 Bitcoin options contracts are on the line, with a notional value of approximately $955 million, and a put/call ratio of 0.62, indicating a higher concentration of call (long) contracts.

1. Market Dynamics and Speculation

Despite the recent market retreat, traders remain optimistic about BTC prices, especially with a significant number of call options concentrated at the $50,000 strike price. 📈 The max pain point hovers around $43,000, but the substantial interest at $50,000 suggests a collective anticipation of a bullish move by the end of the January expiration date.

2. Bitcoin Open Interest and Institutional Insights

Total open interest (OI) has seen a decline from last year's record levels to around $10.7 billion, as reported by Deribit. Meanwhile, market analysts point to a potential SEC rejection of spot Bitcoin ETFs, impacting options implied volatility. 📉 The current market sentiment suggests institutional investors might not be overly bullish on the ETF market, influencing trading strategies and option pricing.

3. Ethereum Derivatives Outlook

In addition to Bitcoin, Ethereum faces a notable derivatives expiration event, with 255,245 million contracts set to expire, amounting to $574 million in notional value. The put/call ratio for Ethereum is 0.54, indicating a slightly higher proportion of call contracts. 🌐 This adds an extra layer of complexity to market dynamics as both major cryptocurrencies navigate potential price shifts.

🌟 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights! 🚀🌐

#BitcoinETFImpact #BitcoinPrice2024 #BitcoinETFs! #cryptocurrency #crypto2024
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Binance News
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Binance BTC/USDT Short Liquidations Surpass Longs
According to recent data from Coinglass, there's been a significant development: cumulative short liquidations, leveraged at an impressive 13.91 million, have exceeded long liquidations, which stand at 1.10 billion, during the same period.

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crYpto_mizan
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New Binance CEO Richard Teng Addresses $4.3 Billion Fine: Statement
As community discusses whether the latest proof of reserves (PoR) is valid and complete, new CEO Richard Teng reassures everyone that Binance (BNB) remains a strong business with robust revenues and profits.
Binance (BNB) continues to run the world's largest crypto exchange by volume, with a debt-free capital structure and modest expenses. All of its fundamentals are "very strong," while revenue streams and profits remain robust.
This statement was shared by the new Binance (BNB) CEO Richard Teng as a response to Coinbase director Conor Grogan. Grogan opined that if the most recent proof-of-reserves (PoR) report is valid, Binance (BNB) would not need to sell its crypto resources to pay a $4.3 billion fine. Even without "off-chain cash balances or funds held in wallets not in PoR," Binance (BNB) publicly disclosed reserves would be enough for the repayment program.
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Binance Announcement
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Learn & Earn: Receive Free Crypto by Completing Courses & Quizzes! (2023-11-23)
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is launching the next round of "Binance Learn & Earn", where users can gain knowledge on blockchain and earn free crypto by completing courses and quizzes.
Activity Period: 2023-11-23 09:00 (UTC) to 2023-12-07 09:00 (UTC)
All KYC-verified users will be eligible to participate in this round of "Binance Learn & Earn". Eligible users will stand a chance to receive a predetermined amount of GRT or tokens from other projects, depending on the course or quiz they complete.
Qualified users can begin to read the articles and watch the video(s) anytime from now and complete quizzes while token supplies last. Do note that each course can only be completed once, and every user qualifies for a maximum of one reward per completed course.
Please note:
Users will not be able to participate in this activity once all rewards are distributed.GRT rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.
Offered Products (Locked Products):
Digital AssetPrincipal RewardDurationStandard APRGRT7 GRT150 Days10%
Stay tuned for new projects and opportunities to earn more crypto.
Start Earning by Learning Today!
For More Information:
How to Get Started with Binance Learn & EarnBinance Launches EduFi - Learn and Earn Program - to Educate Users on the Blockchain Industry
Terms and Conditions:
All eligible users are required to complete KYC to receive rewards from this activity.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Rewards are limited and are available on a first-come, first-served basis. Users can only claim the reward for each course after completing the respective quiz.There will be caps imposed on the amount of rewards available to eligible users per country/region. Eligible users may complete multiple quizzes to claim multiple rewards. Users will not be able to participate in this activity once all rewards are distributed. The actual value of the reward received is subject to change due to market fluctuation.For the GRT course:Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.For this activity, users may not redeem their digital assets/digital currencies in advance.Binance reserves the right to terminate the activity at any time without prior notice.Binance accounts can only be used by the account registrants. Binance reserves the right to suspend, freeze or cancel the use of Binance accounts by persons other than account registrants.Binance reserves the right of final interpretation of the activity. Binance reserves the right to change or modify these terms at its discretion at any time.Additional promotion terms and conditions can be accessed here.
Thanks for your support!
Binance Team
2023-11-23
$LTC #ltc #LitecoinBoom #Litecoin Litecoin Core is like your digital vault 🏦 for Litecoin! With it, you can securely send and receive LTC transactions. 🚀 It's like having your own little bank in the digital world! 💸 The app syncs with the entire Litecoin blockchain, ensuring your transactions are legit and keeping everything super secure. 🔒 And you can even make it your own with an address book – making sending LTC as easy as a few clicks! 📚 Litecoin Core is a community-driven, open-source gem 💎, compatible with Windows, macOS, and Linux. So, it's not just functional; it's trustworthy and evolving! 🌐 Remember, stay safe and keep those private keys under lock and key! 🔐🔑
$LTC #ltc #LitecoinBoom #Litecoin

Litecoin Core is like your digital vault 🏦 for Litecoin! With it, you can securely send and receive LTC transactions. 🚀 It's like having your own little bank in the digital world! 💸
The app syncs with the entire Litecoin blockchain, ensuring your transactions are legit and keeping everything super secure. 🔒 And you can even make it your own with an address book – making sending LTC as easy as a few clicks! 📚
Litecoin Core is a community-driven, open-source gem 💎, compatible with Windows, macOS, and Linux. So, it's not just functional; it's trustworthy and evolving! 🌐
Remember, stay safe and keep those private keys under lock and key! 🔐🔑
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