Bitcoin (BTC), the world’s leading cryptocurrency, has experienced a significant surge in price, reaching a new yearly high of $42,100 on Monday. This notable price increase has sparked concerns among market participants about the potential for a correction and subsequent liquidation sweep, which could drive the price down to as low as $25,000. In this
In a recent statement, Binance announced the expansion of its free trading options for the spot and margin trading pairs of the First Digital USD (FDUSD) stablecoin. Starting from December 8, Binance users will enjoy zero maker and taker fees for six digital assets paired with FDUSD, namely BNB, Dogecoin, Chainlink, Ethereum, Solana, and XRP.
In recent months, the DEX market has experienced a surge in explosive token moves, with various moon-shots gaining significant attention. Coins such as APX, SAMBO Bot, BabyGROK, TIME, ROCKY, and IO have all seen remarkable pumps. Now, experts are suggesting that the 10000x token could be the next cryptocurrency to skyrocket. However, it is important
Asset managers around the world have been eagerly awaiting the approval of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States. Hashdex, one of the 13 asset managers with pending applications, is optimistic about the future. According to their U.S. and Europe head of product, Dramane Meite, the first spot Bitcoin ETF could land as
Bitcoin investment products have witnessed a significant surge in investor interest, emerging as the primary beneficiary in the evolving cryptocurrency landscape. According to James Butterfill, CoinShares’ Head of Research, a staggering $1.76 billion has poured into crypto products over a 10-week period. This influx marks the largest volume of investment within such a timeframe since
Bitwise and BlackRock, two prominent asset managers, have recently submitted updated filings to the U.S. Securities and Exchange Commission (SEC) for their respective spot Bitcoin exchange-traded funds (ETFs). These filings come as a result of discussions between the SEC and ETF applicants, and they may address concerns raised during these talks. Increased Interest in Bitcoin
The crypto analyst behind Crypto Capital Venture maintains an extremely bullish stance on Bitcoin and the broader cryptocurrency market. However, he advises viewers to exercise caution and not to get too carried away with the current price surge. In a recent live YouTube video, the analyst expressed his bullishness and reminded his audience about his
Terraform Labs, currently facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), has recently filed a request for a summary judgment to conclude the case. The defense argues that the SEC misinterpreted facts in a separate case involving DEBT Box, pointing out the regulatory body’s misrepresentations. The presiding judge acknowledged the defense’s
The cryptocurrency world has long been fascinated with the concept of bull markets. These periods of upward price movements have historically been associated with significant gains for investors. The next bull market, experts predict, could kick off as soon as next year. Several catalysts, such as the upcoming Bitcoin halving and the potential approval of
Itau Unibanco, the largest bank in Brazil, has recently made a bold move by entering the cryptocurrency exchange market. The bank has launched a trading service on its investment platform, allowing its clients to trade Bitcoin and Ether. This strategic move positions Itau Unibanco as a direct competitor to local crypto exchanges like MB and
