in the bitcoin futures market remain steady, indicating little reaction among market participants to recent price moves."Despite the huge amount of uncertainty in the market, option volatility is relatively cheap year over year," Gregoire Magadini, co-founder of"BTC volatility is known to spike on price drops. May 2021 is a perfect example. I think the potential for an upside volatility spike is being underestimated by the market," Magadini said.
The Algorand blockchain released a major technical upgrade designed to support cross-chain interoperability and allow developers to easily build complex based on its network. The upgrade introduces smart contract-to-contract calling, which allows applications to efficiently interact with other smart contract-based products. Algorand's ALGO token is down 4% over the past week, compared with a 3% gain in BTC over the same period.
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