The post Ethereum and Bitcoin Price Plunge as ETH Options Contracts Expire appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On June 25, over $1.5 billion of Ether (ETH$3.3 )’s billion notional open interest (OI) in ETH options will expire, making it the highest options expiry ever. Over 638,000 ETH options contracts are due to expire in June, representing 45 percent of total open interest in these options. A slew of options expired on the …

Crypto miners of China had another rough week as authorities choked power supplies to mining operations in various provinces.

A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales.

Bitcoin has reached below its support level of $30k. Despite that, several crypto experts believe that Bitcoin will soon go up and Altcoins will follow

Bitcoin fell 20% in the last six days when investors became more anxious and skeptical of the future of bitcoin in the face of China’s continuing clampdown on cryptocurrency. Bitcoin fell as low as $29,000 on June 22 when the news came that China’s six major banks and Alipay are banned from accepting cryptocurrencies or...

The post How Will China Banning Cryptocurrency Influence the Future of Bitcoin appeared first on Live Bitcoin News.

Bitcoin(BTC) wiped all its gains for the year as it dropped below the $30,000 support level amid concerns over the crackdown on crypto mining in China.

The benchmark cryptocurrency slipped briefly under the $29,500-level on June 22 as a Glassnode report indicated the possibility of miner capitulation in China.