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The Memecoin Frenzy Has Ignited a Scalability Arms Race
9.6.2024
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...
BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital
8.6.2024
Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days...
Crypto enthusiasts warn against naira trade ban on exchanges
8.6.2024
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services
GameStop's Roaring Kitty posts first livestream in 3 years— price reacts
7.6.2024
The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7
Bitcoin Dips Below $70K, Reaches $68,450 Low, $86M in BTC Longs Liquidated
7.6.2024
The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to...
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
7.6.2024
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny. “This move is in response to the growing demand...
GameStop Tumbles 40% as Trading Icon Roaring Kitty Returns to Livestream
7.6.2024
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week
What is Elliott Wave Theory, and how to use it in crypto?
7.6.2024
Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market
RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds
7.6.2024
A new market on betting application Polymarket has seen over $120,000 placed on Keith Gill making 10 figures on his GameStop equity and options holdings
Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading
7.6.2024
Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power...
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
7.6.2024
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks
Telegram launches in-app currency ‘Stars’ for digital purchases
7.6.2024
Telegram Stars can be swapped for Toncoin, an $18 billion cryptocurrency, on Telegram’s Fragment platform
SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading
7.6.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process. Additionally, Gensler emphasized the lack of proper...
Bybit opens registration to Chinese nationals overseas
6.6.2024
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users
Associate Professor Rejects Alleged Link Between Nigerian Currency Depreciation and Crypto Trading
6.6.2024
Nigeria’s decision to halt naira trading on cryptocurrency exchanges is likely to worsen matters for its volatile currency,” an associate professor at the University of East London has argued. The associate professor said Nigeria can effectively regulate the cryptocurrency industry through...
Ether futures open interest and options trading volume at all-time high - are bulls at risk?
6.6.2024
Ether implied volatility has experienced a notable surge following spot Ether ETF approval news
Perpetual futures on Telegram: Storm Trade joins Cointelegraph Accelerator
6.6.2024
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program
Coinbase Wallet Adds Crypto Trading Alerts From Notifi
6.6.2024
Notifi will deliver notifications to users of the Coinbase wallet
Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered
6.6.2024
Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note
Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE
6.6.2024
Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year