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Bybit’s Futures Volume Sees Notable Surge Amid Increased Institutional and Retail Interest
12.11.2024
In the competitive crypto exchange landscape, Bybit reported a 61% increase in futures trading volume between September and October, reaching $639 billion, according to data provided by Wu Blockchain. Bybit Reports Strong Increase in Crypto Interest The Dubai exchange attributes this increase...
Bitcoin Hits Historic $90,000 as Investors Rally Behind New Highs
12.11.2024
Bitcoin soared past the $90,000 mark for the first time ever, spurred by fresh institutional investments and optimistic regulatory forecasts. Surging Past $90,000, Bitcoin Marks a New Era Bitcoin, the preeminent crypto asset, has shattered expectations by breaking the $90,000 barrier, achieving...
$SOLCEX Price Soars as Staking Rewards Attract Investors
12.11.2024
PRESS RELEASE. Solcex, a popular centralized crypto exchange, just hit a major milestone in creating buzz across the crypto community. In an announcement shared on their X account, the Solcex team revealed that over $3.6 million worth of $SOLCEX tokens have now been staked on the platform, driving...
Bitwise Debuts Aptos Staking ETP, Aiming at Institutional Investors
12.11.2024
Bitwise Asset Management announced it will launch the Aptos Staking ETP on the SIX Swiss Exchange, marking the first exchange-traded product (ETP) for Aptos staking. Aptos Staking ETP Set to List on SIX Swiss Exchange Bitwise’s Aptos Staking ETP, scheduled for listing on Nov. 19, 2024,...
SEC Crypto Litigation Releases – October 2024
12.11.2024
The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities....
Bitcoin’s Next Move: Mining, ETFs, and Post-U.S. Election Trends With Uphold’s CEO Simon McLoughlin
12.11.2024
Uphold is a leading digital asset platform, empowering individuals and enterprises to engage with a wide range of assets—from cryptocurrencies to precious metals. Serving over 10 million users across 150+ countries, Uphold delivers a seamless experience with deep liquidity across 300+ assets, plus...
Coin Metrics’ Analysis: Options Market Reflects Strong Bullish Sentiment in Post-Election Bitcoin Rally
12.11.2024
A recent report from Coin Metrics highlights how post-election trading in bitcoin (BTC) has reached unprecedented levels, with the options market indicating strong investor optimism. Coin Metrics Study Shows Increased Call Option Interest Coin Metrics’ analysis provides a detailed look...
Bitcoin Frenzy Unleashed: Glassnode’s Study Shows 95% Supply in Profit
12.11.2024
Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC. Report: Bitcoin Soars as Institutional Demand Fuels Unprecedented Gains This ongoing bitcoin...
Polymarket Faces Significant Post-Election Lull in Trading Volume, User Activity
12.11.2024
Less than a week after the 2024 U.S. election, the prediction market Polymarket has seen daily trading volume drop sharply. After Election Spike, Polymarket Returns to Quieter Trading Before the election between Donald Trump and Kamala Harris, the Polygon-powered Polymarket buzzed with activity...
Key Metrics Suggest Bitcoin’s Rally to $90K and Beyond is Sustainable
12.11.2024
Bitcoin is currently experiencing a price correction but underlying metrics show bullish run is on track to continue. Bitcoin Can Deliver Another Wave of Massive Pumps Over the past week, bitcoin (BTC) has set multiple new all-time highs with the latest seeing the number cryptocurrency hit...
Dogecoin Price Rises 44% to Bring DOGE Past $0.4 and Flockerz Might be the Next Meme Coin to Explode
12.11.2024
It’s been an incredible few days for Dogecoin (DOGE) holders. The OG meme crypto has soared past the $0.40 level and is now just 44% below its all-time high. However, new meme coin Flockerz (FLOCK) has also been catching traders’ attention – with some speculating that it could...
Bitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead
12.11.2024
While bitcoin recently hit a record-breaking $89,983, the widely followed rainbow chart—known for illustrating bitcoin’s long-term price movements and market sentiment on a logarithmic scale—sits surprisingly low compared to previous bull run peaks. The Popular Bitcoin Rainbow...
Bitcoin Market Update: BTC Eyes $90,000 With Strong Support at $84,000
12.11.2024
Bitcoin is holding strong near its recent highs, yet faces critical resistance at the psychological $90,000 range, signaling potential consolidation or a correction as sellers enter the market. Bitcoin On the daily chart, bitcoin’s bullish momentum is evident, with prices soaring from...
Record Breaking Volume for Blackrock ETF as Bitcoin Keeps Hitting New All Time Highs
12.11.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF) set a new daily trading volume record after bitcoin hit $89,000 for the first time. Bitcoin ETFs Continue to Set New Records With bitcoin hitting new all time highs on a daily basis, bitcoin ETFs have experienced the same boom with lots...
FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
12.11.2024
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors...
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
12.11.2024
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking...
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
12.11.2024
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized...
First Dogecoin Millionaire Gets the Last Laugh: Close to $3 Million Round Trip
12.11.2024
Glauber Contessoto, the self-proclaimed first dogecoin millionaire, has recovered from DOGE’s price downfall, which reduced his $3 million fortune to $50,000 last year. The “Slumdoge Millionaire,” as he calls himself on social media, stated that he never lost faith in the meme...
Satoshi Action Fund’s Dennis Porter Heralds the Arrival of Nation-State Hyperbitcoinization
12.11.2024
Dennis Porter, the co-founder of the Satoshi Action Fund, has recently revealed that several nations have contacted him to help establish a national bitcoin reserve. He stated that hyperbitcoinization at a nation-state level is advancing “faster than expected.” Satoshi Action...
Sam Altman Shares Optimism for Cryptocurrency’s Bright Future
12.11.2024
In a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the future of cryptocurrency, expressing confidence in the industry’s potential for growth and innovation. He emphasized the remarkable progress made at the blockchain ID company he co-founded, World...