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Weekly Crypto Roundup: Standouts From FLR, LINK and Stumbles From MANTA, and CFX
5.2.2024
In the span from Jan. 29 to Feb. 5, 2024, while bitcoin and ethereum have remained stagnant within their trading ranges, a selection of cryptocurrencies have enjoyed significant weekly upsurges, registering double-digit gains against the U.S. dollar. Specifically, flare, chainlink, and bittensor...
Bitcoin Price Prediction as BTC’s Monthly Volume in January Hit Highest Level Since September 2022 – Bull Market Starting?
5.2.2024
In a remarkable turn of events, Bitcoin‘s 24-hour trading volume surged 15.30% to $16.01 billion, indicating a significant uptick in investor engagement and marking the highest volume since September 2022. This increase, over 10% for Bitcoin, pushing its value beyond the $43,000 threshold...
Ethereum Technical Analysis: ETH Remains Range Bound With Neutral to Bullish Momentum
5.2.2024
Ethereum’s price held above $2,300 over the past 24 hours, ranging between $2,266 and $2,333. The cryptocurrency faces technical resistance at its recent highs according to an analysis of key oscillators and moving averages. These indicate continued neutral to bullish momentum over the past...
Beijing-Run CBEX Denies Links to Same-Named Crypto Firm + More Crypto News
5.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Beijing-Run CBEX Denies Links to Same-Named Crypto Firm Bracket Labs Integrates Passage on BNB Chain Following $2M Pre-Seed from Binance Labs Wirex...
Hong Kong Authorities Urge Crypto Investors to Verify Licenses
5.2.2024
Hong Kong’s securities regulator warned crypto investors on Monday to only use licensed trading platforms and to verify the status of the exchanges they have signed up to. The announcement comes as the deadline approaches for Hong Kong-based virtual asset trading platforms to submit license...
Solana Price Prediction as SOL Holds Steady Despite $2.5 Billion Trading Volume Dip – Bulls Eyeing $120 Retest?
5.2.2024
The Solana price has gained by 0.5% in the past 24 hours, creeping up to $97.79 as the crypto market as a whole rises by the same percentage today. SOL has now increased by 12% in a fortnight and by 3% in a month, with the altcoin also sitting on an impressive 300% increase in […]
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February Frenzy: These 5 Cryptos Have Nearly $1 Billion Worth of Unlocks Due This Month
5.2.2024
The crypto market is poised for increased selling pressure across numerous tokens as unlocks worth nearly $1 billion are set to occur this month. Projects such as Optimism (OP), Avalanche (AVAX), The Sandbox (SAND), Aptos (APT), and Sui (SUI) are expected to have the largest unlocks, adding to...
Bitcoin Price Prediction: BTC Nears $42,500 Amid Bukele Win and Soaring ETF Interest
5.2.2024
During the Asian trading session, Bitcoin’s latest price prediction takes into account a modest retreat to $42,585, marking a slight downturn of over 1%. This movement coincides with significant developments in the sector: President Nayib Bukele’s electoral success in El Salvador,...
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
5.2.2024
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion,...
Russia’s Sberbank Launches Digital Assets, NFT Offerings for Retail Investors
5.2.2024
Sberbank, Russia’s biggest bank, announced the launch of a digital financial asset and NFT trading platform. On February 2, Sberbank explained that its “digital financial assets (DFAs) platform” was open to “all individuals.” The bank added that “qualified investors” can also invest in...
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
4.2.2024
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the data, Blackrock’s IBIT now possesses...
Solana Price Prediction as SOL Becomes 5th Most-Traded Coin in the Market – Can SOL Overtake Ethereum?
4.2.2024
Solana price prediction takes center stage as SOL ascends to the fifth spot among the most-traded cryptocurrencies, sparking discussions on its potential to rival Ethereum. With its price at $96.50, despite a 2.50% dip over the past day, Solana’s substantial $1.3 billion trading volume...
Bitcoin Price Prediction as $8 Billion Trading Volume Floods In – Time to Buy?
4.2.2024
As Bitcoin‘s trading volume surges to $8 billion, many are wondering if it’s the right time to buy, with current Bitcoin price predictions in focus. The cryptocurrency, which is currently trading at $43,000, has seen a slight decrease of nearly 0.50% on Sunday. This comes amid news from...
DogWifHat Price Prediction as Woolly Hat Appears on Charging Bull in Wall Street – $1 WIF Incoming?
3.2.2024
DogWifHat Price Prediction DogWifHat‘s recent performance has been a talking point among crypto enthusiasts as the coin soared nearly 15% to $0.261996, boosting its market cap to $261.7 million and ranking it #173 in market valuation. The substantial trading volume of $73.4 million indicates...
BlackRock’s Bitcoin ETF Surpasses Grayscale In Daily Trading Volume
2.2.2024
The Grayscale Bitcoin Trust (GBTC) was overtaken in daily trading volume by BlackRock’s Bitcoin ETF for the first time on Thursday, highlighting the legacy fund’s shrinking dominance over the Bitcoin (BTC) market. The iShares Bitcoin Trust (IBIT) processed $300 million in trades, versus $290...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
End of the Line for OPNX, Built by Three Arrows Co-Founders Zhu and Davies
2.2.2024
OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid Three Arrows Co-Founders’ Legal Troubles...
Bitcoin Price Whipsaws Around $43K After Blockbuster US Jobs Report – Where Next for BTC?
2.2.2024
The Bitcoin bulls and bears are in a battle for supremacy in wake of the latest blockbuster US jobs report, with the Bitcoin price swinging on either side of the $43,000 level as traders assess the outlook for US monetary policy this year, and the potential impact on crypto. The Bitcoin price...
Hong Kong Set To Release Consultation on Regulatory Framework for OTC Crypto Platforms
2.2.2024
Hong Kong will publish a consultation on a proposed regulatory framework for over-the-counter crypto trading platforms “very soon,” according to a February 2 blog post. Secretary for Financial Services and the Treasury Christopher Hui warned the public of the risks of over-the-counter venues, given...
Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network
2.2.2024