Posts

Showing posts with the label trading

SUI At A Crossroads, Can It Break $3.52 And Ignite The Next Surge?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Anchorage Digital adds support for XION’s native token

XION (XION), a blockchain focused on bridging Web2 and Web3, has announced that Anchorage Digital, the first and only federally chartered crypto bank, now supports its native token, as per the reports shared with Finbold on Thursday, March 20.  Anchorage’s decision follows XION’s milestone of becoming the first Title II-compliant Layer-1 (L1) blockchain and offers institutional asset holders a safe and regulated way to hold, stake, and trade XION. Institutional XION trading With XION integrated into Anchorage Digital, institutional investors can now seamlessly acquire, hold, and manage their assets without relying on traditional exchanges.  Picks for you Xandeum introduces pNodes, a storage scaling solution on Solana 2 hours ago VA...

Bitcoin Price Prediction: BTC Jumps 4% As MicroStrategy Buys More Bitcoin, While Traders Rush To Buy This Pepe 2.0 ICO That Might Sell Out Soon

Image
The Bitcoin price jumped 4% in the last 24 hours to trade at $102,949 as of 2.40 a.m. EST on trading volume that skyrocketed 52% to $72.02 billion. The increase in the BTC price is believed to be due to news of MicroStrategy’s latest purchase of Bitcoin, which marks the 12th consecutive week the firm has added to its stockpile. The recent acquisition saw the company purchase $1.1 billion worth of BTC. In response, Bitcoin, which dropped from $105k to $97.9k yesterday, immediately started a recovery. This has brought it to its current level at just under $103k. Bitcoin Price Prediction Bitcoin’s price has seen quite a bit of activity in the last two days. As mentioned, its price dropped from $105k to $97.9k, which was a major move after trading sideways for several days with extremely tight Bollinger Bands. As the price started spiraling down, the bands once again widened, only to narrow down again when the coin reached its bottom at around $98,000. However, following th...

Coinbase Suspending Wrapped Bitcoin (wBTC) Trading as cbBTC Surges

Image
The largest cryptocurrency exchange in the United States, Coinbase, has announced that it is suspending the trading of wrapped Bitcoin (wBTC) as its own cbBTC offering continues to rise in value. In a post to X (formerly Twitter), the exchange announced that the suspension comes as part of a compliance review for the cryptocurrency. The exchange notes that the asset will be suspended on December 19th, around 12pm ET. The move is a regular monitoring practice, as the firm looks to affirm all listed tokens “meet our listing standards.” Moreover, the rise of Coinbase’s own wrapped Bitcoin option has undoubtedly played a part in the decision. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — Coinbase Assets ️ (@CoinbaseAssets) November 19, 2024 Also Read: Coinbase Officially Lists the Meme Coin PEPE Coin...

Why ETFSwap (ETFS) Is The Best Platform To Buy And Trade All Spot Bitcoin And Ethereum ETFs

Image
ETFSwap (ETFS) stands out as the ultimate destination for investors looking to buy and trade spot Bitcoin and Ethereum ETFs, thanks to its cutting-edge technology, superior liquidity, and user-friendly interface that make trading effortless and efficient. Why ETFSwap (ETFS) Is The Top Choice For Spot Bitcoin And Ethereum ETF Investors Tokenized exchange-traded funds (ETF) trading is a potent instrument that ETFSwap (ETFS) uses to effectively bridge the gap between traditional financial institutions and decentralized finance (DeFi). ETFSwap (ETFS) improves the effectiveness of purchasing and trading Spot Bitcoin and Ethereum ETFs within its extensive ecosystem by merging these industries.  ETFSwap (ETFS) offers a variety of cutting-edge solutions that simplify and expedite buying and trading of Spot Ethereum ETFs and Spot Bitcoin ETFs. The ETFSwap (ETFS) platform, which is based on the stable Ethereum blockchain, allows traditional real-world assets (RWAs) like cryptocurren...

NFT Sales Soar 3% This Week, As NFT Buyers And Sellers Surge By Over 450%

Image
Non-fungible tokens are gradually gaining traction in the crypto market, but this time around, they are cheaper and more affordable than many traders could expect. The global non-fungible token market has slightly increased in trading sales volume this week, breaking its recent negative trend that held trading sales volume below $100 million for the past several weeks. NFT Sales Jump 3% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer backed by crypto billionaire Mark Cuban, indicates that the global non-fungible token market has recorded some positive growth again this week. In the past seven days, the global NFT market has attracted a trading sales volume of $82 million, representing a 3.09 % increase from the past week. During this period, the number of investors buying non-fungible token collections has increased this week. In the past seven days, the global NFT market has seen 220,000 cryp...

Binance unveils Discover, an industry-first futures copy-trading service

Image
Binance, the world’s most extensive cryptocurrency exchange platform, has unveiled a novel futures copy- trading service called “Discover,” as per the information shared with Finbold on April 5. The innovative, mobile-centric addition employs a straightforward swipe-right-to-like and swipe-left-to-skip mechanism, simplifying the process for copy traders to browse a wide variety of lead trader portfolios. The Discover user experience The new service is rather intuitive: a swipe right adds a portfolio to your favorites, while a swipe left lets you move on to the next option.  Picks for you Machine learning algorithm predicts XRP price for April 30, 2024 33 mins ago Short squeeze alert for next week: BTC and ETH with pump potential 48 mins ago 3 meme coins to turn $100 into $1,000 in April 60 mins ago Crypto war! Solana community launches brutal attack on Ethereum 1 hour ago Moreover, seamless integration allows users to effortlessly toggle b...

BBOX secures $2.7M in pre-seed funding for decentralized derivative trading

On January 30, BBO Exchange (BBOX), a decentralized derivative trading platform, accomplished the closure of its pre-seed funding round. Co-led by notable early-stage venture funds Hashed and Arrington Capital, the funding round secured $2.7 million in capital, per the information shared with Finbold. Significant participation was observed from key ecosystem contributors, including Consensys, CMS Holdings, Flow Traders, Manifold Trading, Mask Network, and Laser Digital (Nomura Group). The funding round concluded in the previous year’s third quarter and received additional support from Arcane Group, Draper Dragon, Vessel Capital, Aulis Venture, Formless Capital, Press Start Capital, and One Piece Labs. Noteworthy industry figures, including Keone Hon and Hongbo Tang, also invested. BBOX’s aim  BBOX is positioned to augment the DeFi space through its distinctive strategy in decentralized derivative trading. Serving as the inaugural perpetual decentralized exchange (...

BRC-20 trading volumes surge 10x since November 2023, data shows

Image
Trade volume for BRC-20 tokens increased $10-15 million to more than $500 million since November 2023, as per data from Kaiko. Tokens minted on the Bitcoin blockchain are gaining momentum as their trading volumes increased by ten times since the end of 2023, according to Kaiko data. In a report on Jan. 15, the Paris-based analytics blockchain firm revealed that trading volumes for BRC-20 tokens skyrocketed from $10 million in November 2023 to more than $500 million in January, attributing the increase to Binance, which recently launched spot and perpetual futures trading for ORDI, SATS, and RATS. Trading volume for BRC-20 on crypto exchanges | Source: Kaiko You might also like: Bitcoin Ordinals dominate majority of BTC transactions Binance, initially dominating the trade volume market share at 63% as trading volumes surged to $2 billion following the listing of SATS and RATS, has since experienced a decline and currently has around 50% of the market share, data sh...

OKX to list Fetch.ai (FET), SingularityNET (AGIX) for spot trading

OKX will list Fetch.ai (FET) and SingularityNET (AGIX) on its spot market on November 24 at 10am UTC. FET and AGIX are leading AI tokens and their prices have surged in recent months. OKX also recently listed Pyth Network (PYTH). Crypto exchange OKX has announced the listing of two artificial intelligence ( AI ) related crypto tokens on its spot market. The two tokens, Fetch.ai (FET) and SingularityNET (AGIX) will be added to the exchange’s spot market at 10:00 am UTC on Friday, November 24.  Deposits for FET/USDT and AGIX/USDT are open, enabled at 6:00 am UTC ahead of trading, OKX said in a post on X. OKX will enable FET and AGIX withdrawals on November 27, at 10:00 am UTC. FET and AGIX prices surge Fetch. AI is an Ethereum-based token that is powered by artificial intelligence to support a decentralised internet economy. The total supply of FET is 1,152,997,575. After OKX’s announcement, the price of OKX surged more than 10% to break ...

Austria’s Raiffeisen Bank to launch crypto trading in partnership with Bitpanda

Austria’s Raiffeisen Bank will launch crypto trading in 2024. Raiffeisen Bank International has $215B in assets and a customer base spanning the European Union and Eastern Europe. Bitpanda crypto exchange has complied with the crypto regulations in Austria and Germany. In a significant move signalling the increasing adoption of crypto currencies in the traditional banking sector, Raiffeisen Bank International has announced its plans to introduce crypto currency trading services for retail customers by the end of January 2024. The initiative will commence in Vienna, where the 97-year-old bank is headquartered, in collaboration with local cryptocurrency exchange Bitpanda. Raiffeisen Bank’s partnership with Bitpanda  Raiffeisen Bank’s  crypto currency services, designed to cater to digital-savvy customers, will leverage a partnership with Bitpanda. Through the Raiffeisen app, customers in Vienna will be able to access Bitpanda...