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About MSTETH

Eigenpie mstETH (MSTETH) is a cryptocurrency launched in 2024. MSTETH has a current supply of 224,090.06 with 224,090.06 in circulation. The last known price of MSTETH is 2,492.41 USD and is -38.723992706233 over the last 24 hours. It is currently trading on active market(s) with $855.83 traded over the last 24 hours. More information can be found at .
MSTETH Price Statistics
MSTETH’s Price Today
24h Price Change
-$38.7239927062331.53%
24h Volume
$855.8397.14%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.000001532308
Market Dominance
0.00%
Market Rank
#138
MSTETH Market Cap
Market Cap
$558.52M
Fully Diluted Market Cap
$558.52M
MSTETH Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MSTETH Supply
Circulating Supply
224,090.06
Total Supply
224,090.06
Max Supply
0
Updated Oct 08, 2024 4:10 pm
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MSTETH
Eigenpie mstETH
$2,492.41
$38.723992706233(-1.53%)
Mkt Cap $558.52M
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10x Research: Smart Traders Are Preparing for a Bitcoin Options Boom
10x Research: Smart Traders Are Preparing for a Bitcoin Options Boom
According to 10x Research: The Bitcoin options market is quickly becoming a critical force in the cryptocurrency space, as savvy traders look to leverage assets for substantial returns. With the potential launch of options on BlackRock's IBIT ETF, this could be the next big driver of leveraged profits in the crypto world. Bitcoin options, and other forms of leveraging financial assets, are increasingly seen as tools for amplifying gains, reflecting a broader trend of sophisticated financial strategies in the market.Leveraging Assets for Massive GainsOne of the core principles in trading Bitcoin—and in many financial strategies—is to leverage assets at the lowest possible cost. This philosophy is shared by various crypto traders, including those trading meme coins, who aim for exponential financial returns, sometimes as high as 1,000x or 10,000x. For instance, a trader who invested just $800 in Moodeng tokens saw the value skyrocket to an astonishing $3.8 million, demonstrating how leveraging small amounts can lead to outsized gains.However, major players in the market do not rely on luck alone. They use complex strategies and engineered leverage to maximize their potential for profits. This trend is particularly visible in the Bitcoin ecosystem, where options trading, stock prices of Bitcoin mining companies, and even firms like MicroStrategy are influenced by the pursuit of substantial gains through leveraging financial instruments.Booming Bitcoin Options MarketIn 2024, the monthly trading volume of Bitcoin options has ranged between $42 billion and $71 billion. While Deribit remains the dominant player with a 72% market share, this is down from 78% a year ago as platforms like Binance and OKX have gained traction among traders. Bybit has also entered the Bitcoin options space, offering more choices for traders looking to use options as a key tool for creating leverage.The rapid growth in the Bitcoin options market has drawn attention from both individual traders and institutions. Options have become essential in the cryptocurrency world, allowing traders to position themselves strategically and amplify their returns. 10x Research notes that this trend is only expected to grow, as traders continue to utilize Bitcoin options to hedge their portfolios, manage risk, and speculate on future price movements.Impact on Market DynamicsThe rise of Bitcoin options is transforming the way traders approach the market. As institutions and individual investors increasingly adopt these strategies, the influence of options on Bitcoin’s price movements will become even more significant. The strategic positioning enabled by options trading can create more volatility but also offers more opportunities for gains.Deribit, Binance, and OKX are set to play key roles as the market for Bitcoin options expands further in the coming quarters. Traders looking for leveraged returns will continue to flock to these platforms, further increasing the overall trading volume in the Bitcoin options market.The Future of Bitcoin OptionsThe introduction of options on BlackRock’s IBIT ETF could mark the next major development in Bitcoin's financial landscape. As more institutional investors enter the space, options trading will likely drive even greater market activity. For traders looking to capitalize on leveraged returns, Bitcoin options represent a powerful tool that is set to reshape the market in the coming months.
Oct 08, 2024 3:57 pm
Privacy Tokens See Record Delistings in 2024 Amid Regulatory Crackdown — Kaiko Report
Privacy Tokens See Record Delistings in 2024 Amid Regulatory Crackdown — Kaiko Report
According to CryptoSlate: As per a recent report by Kaiko, privacy tokens have faced nearly 60 delistings by centralized exchanges (CEX) in 2024, marking the highest rate since 2021. The report highlights the increasing regulatory scrutiny that has driven platforms to remove tokens such as Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC) from their listings.Monero Leads the Delisting WaveMonero (XMR) experienced the most significant impact, with a 6x increase in yearly delistings, followed by Dash (DASH), which saw the second-highest number of removals. This trend has been attributed to the ongoing crackdown on privacy tokens, which are designed to obscure transaction details and make tracking more difficult, a feature that has drawn the attention of regulators worldwide.Regulatory Pressure and Global BansThe surge in delistings can be traced back to regulatory actions in various jurisdictions. For example, Japan banned privacy tokens as early as 2018, with Australia and South Korea following suit in 2020. More recently, the UAE introduced crypto rules that included banning privacy tokens, and the European Union rolled out the Markets in Crypto-Assets (MiCA) regulation, which further restricted their use.As regulatory pressure mounts, major crypto exchanges have responded by delisting privacy tokens. Kraken recently suspended XMR trading pairs for European users, while Binance completely removed the token from its platform. Other platforms such as OKX and Huobi initiated similar actions, citing compliance with regulatory demands as the main reason for delistings.Privacy Token Trading Shifts to Lesser-Regulated ExchangesDespite the widespread delistings, privacy tokens have found a new home on exchanges facing less stringent regulatory oversight, such as Poloniex and Yobit. These platforms have seen a sharp increase in privacy token trading, capturing 40% of the trading volume for top privacy tokens, up from just 18% in 2021. The demand for privacy tokens on these exchanges is so high that it often exceeds available liquidity in their order books, according to Kaiko's report.As regulatory frameworks tighten globally, privacy tokens like Monero, Dash, and Zcash continue to face delisting challenges on centralized exchanges. While their trading has shifted to lesser-regulated platforms, the ongoing scrutiny signals a challenging future for these tokens. Privacy token enthusiasts will need to navigate an evolving regulatory landscape as they seek ways to maintain access to these assets.
Oct 08, 2024 3:53 pm

Frequently Asked Questions

  • What is the all-time high price of Eigenpie mstETH (MSTETH)?

    The all-time high of MSTETH was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Eigenpie mstETH (MSTETH) is 0. The current price of MSTETH is down 0% from its all-time high.

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  • How much Eigenpie mstETH (MSTETH) is there in circulation?

    As of , there is currently 224,090.06 MSTETH in circulation. MSTETH has a maximum supply of 0.

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  • What is the market cap of Eigenpie mstETH (MSTETH)?

    The current market cap of MSTETH is 558.52M. It is calculated by multiplying the current supply of MSTETH by its real-time market price of 2,492.41.

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  • What is the all-time low price of Eigenpie mstETH (MSTETH)?

    The all-time low of MSTETH was 0 , from which the coin is now up 0%. The all-time low price of Eigenpie mstETH (MSTETH) is 0. The current price of MSTETH is up 0% from its all-time low.

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  • Is Eigenpie mstETH (MSTETH) a good investment?

    Eigenpie mstETH (MSTETH) has a market capitalization of $558.52M and is ranked #138 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Eigenpie mstETH (MSTETH) price trends and patterns to find the best time to purchase MSTETH.

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