In Islamabad, the negotiations fell through due to a conflict within the Iranian delegation. On April 11, Tehran decided to urgently recall the negotiators — by order of the highest national security body.
According to sources, Foreign Minister Abbas Araqchi took a more flexible position during the negotiations — in particular, he allowed for a reduction or cessation of support for the 'resistance axis', including 'Hezbollah'. This provoked a sharp reaction from the security bloc.
The number of new Ethereum (ETH) users reached 284,000 in the first quarter of this year, which is 82% more than in the previous quarter, according to data from the blockchain analysis platform Artemis. According to CoinMarketCap, ETH is currently trading at $2,236.82, which is 1.91% higher.
The volume of bitcoin futures on CME has reached a 14-month low.
The monthly trading volume of futures at $BTC on the Chicago Mercantile Exchange (CME) in the USA has dropped to its lowest level in 14 months, according to data from Unfolded. The analytics firm explained this decline by the weakening of institutional demand due to the liquidation of positions in the underlying trading.
Max Seyler, CEO of the digital asset trading firm STS Digital, analyzed that bitcoin investors are increasing their positions in anticipation of a price drop. In an interview with DL News, he stated that the price of bitcoin fell by nearly 4% over the weekend as the USA and Iran failed to reach an agreement, and now investors are preparing for further declines. Seyler explained that the increased demand for put options reflects fear in the market, indicating that investors are closing their bullish positions while simultaneously paying for hedging against the risk of decline. He added that, overall, put options are trading at a significant premium compared to call options.
Polkadot has some issues, $DOT dropped by 5% in 5 minutes, losing $20 million in market capitalization. The reason is a hack. The attacker created over 1 billion coins and dumped them in one transaction for 108.2 ETH. What a situation. Not a day without drama in crypto 😐