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Expert Opinions: Massive Inflows to Follow Spot Bitcoin ETF Approval, Bull Market Questionable
19.1.2024
Talking with Cryptonews, three experts have shared their views on spot Bitcoin ETFs trading volumes. They discussed the initial price drop post-approval, how the US Fed and presidential election could affect the market, BlackRock’s marketing approach, the benefits and downsides of the new product...
ZKSwap Boosts Liquidity with ZKFair Support and $2M in Initial Trades
19.1.2024
PRESS RELEASE. ZKSwap, the decentralized exchange operating within the ZKBase ecosystem, is pleased to announce its endorsement of the community-driven Layer2 network, ZKFair. Additionally, the platform has initiated the provision of initial liquidity on the ZKFair network. The newly introduced...
Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
19.1.2024
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
JPMorgan CEO Advises Investors to Stay Away From Bitcoin — ‘My Personal Advice Is Don’t Get Involved’
19.1.2024
Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. “My personal advice is don’t get involved,” he said. “But I don’t want to tell anyone what to do. It’s a free country.” The executive added that...
Peter Schiff Predicts Bitcoin Bloodbath — Expects SEC Chair Gary Gensler to Introduce ‘New Onerous Crypto Regulations’
19.1.2024
Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline” in the price of bitcoin. Schiff expects the new regulations...
New Bitcoin ETFs See Record Daily Flows As Total BTC Holdings Rise to $3 Billion
18.1.2024
Newly launched Bitcoin spot ETFs saw their highest daily flows on their fourth day of trading, absorbing $913.6 million on Wednesday. The wave of capital brings assets under management for all such funds that began trading last week up to $2.9 billion. Both figures – provided by Bloomberg...
Biggest Crypto Gainers Today on Uniswap – CBDC, TEST, TRUMP
18.1.2024
Uniswap logo Despite a slide in the Bitcoin (BTC) price to fresh 2024 lows under $41,500 in recent trade, crypto degens hunting fast gains continue to drive explosive action in low-cap markets, with CBDC, TEST and TRUMP the biggest crypto gainers today on Uniswap. The majority of major...
A Comprehensive Guide to EchoLink: LBank’s Latest Launchpad Project
18.1.2024
PRESS RELEASE. LBank, a prominent global cryptocurrency trading platform, is thrilled to introduce EchoLink, its newest Launchpad initiative. Following the success of three previous Launchpad projects featuring $PINs, $UMM, and $AIMEME, EchoLink is poised to revolutionize the landscape...
China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ
18.1.2024
Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters
dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million
18.1.2024
Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....
Crypto Exchange WOO X Raises $9 Million for Strategic Liquidity Boost
18.1.2024
The crypto exchange Woo has secured $9 million in a recent funding round. The capital injection came from existing and prospective market makers trading platform. The capital injection aims to enhance liquidity on Woo’s exchange, the company said in a statement published on its website....
Is Arbitrum Going to Zero? ARB Price Drops 5% as BTC Mining Platform Surpasses $8.7 Million
18.1.2024
Following the success of the Arbitrum airdrop, ARB price has dropped -5%, leaving some panicked holders asking ‘Is Arbitrum Going to Zero?’, find out in this ARB price analysis. Arbitrum is trading in a tight trading channel between the upper trendline and moving average support. $ARB...
South Korean Gov’t to ‘Completely Review’ Crypto Tax Law
18.1.2024
Source: HyunJun/Adobe The South Korean government says it will “completely re-examine” the “need” to tax crypto traders on their earnings. As things stand, traders are set to be taxed on their earnings from January 2025. But per News1, the government will “review” its stance on the taxation...
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
18.1.2024
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said
NYSE’s Strategic Move — Bitcoin ETF Options Poised to Boost Market Dynamics
17.1.2024
In a groundbreaking move, NYSE Arca Inc. has submitted a proposal to amend its rules to enable options trading on commodity-based trust shares, specifically targeting bitcoin-based ETFs. This initiative, detailed in the 19b-4 filing with the SEC, marks a significant advancement in the financial...
Crypto Market Capitalization Surged 108% Despite Trading Volumes Plunging 31.6%: CoinGecko
17.1.2024
The crypto market recorded massive growth in several areas wiping out losses of the bear market with its market capitalization going up 108% to approximately $869 billion. A new market report released by CoinGecko shows industry performances across different quarters highlighting key metrics that...
That 'Pokémon With Guns' Game Really Wants You To Know It's Not A Scam
17.1.2024
The developers behind PalWorld—which folks online often refer to as “Pokémon with guns”—understand that people might be suspicious of this unorthodox survival game, so they’ve tried to assure folks it’s not a “scam” on Steam.Read more
Cardano Price Prediction as ADA Drops Towards $0.52 – Time to Buy the Dip?
17.1.2024
The Cardano (ADA) price is eyeing a possible drop below $0.52 as short-term price predictions turn bearish, but long-term bulls are nonetheless asking whether now is time to buy the dip. Nearly all cryptocurrencies in the top 20 by market capitalization are trading with losses on Wednesday....
Coinbase Holds First Court Faceoff With SEC: Here’s What You Need To Know
17.1.2024
The Securities and Exchange Commission (SEC) is meeting Coinbase today in federal court, with both parties presenting their first oral arguments amid their industry-defining lawsuit. Back in June, the market regulator sued Coinbase for listing a handful of “crypto-asset securities”...
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
17.1.2024
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar...