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Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals


Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...

HTX Exchange Surpasses Coinbase In Spot Trading Volumes


On May 27, HTX passed US-based Coinbase in daily spot trading volumes for the first time, marking a significant milestone. This development underscores HTX's increasing market presence and impact, signalling a significant shift in the global crypto trading platform hierarchy. The post HTX Exchange...

South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility


This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%....

NFT market sees Ethereum and Solana go head-to-head


Ethereum and Solana are fighting two battles – growth in the trading market and growth in NFT marketplaces. Interestingly, it is a close call with a large dependence on the participation of members. Solana is leading in sales volume, while Ethereum is banking higher values. Solana...

Floki Inu unveils a trading bot for token stability and market confidence


The developers of Floki Inu have introduced a new trading bot to optimize trading efficiency and market liquidity, aiming to enhance the fundamentals of their cryptocurrency. This innovative tool aims to stabilize Floki Inu’s market presence and provide a more reliable trading environment...

Chainlink eyes $20 breakout amid market surge


As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...

Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations


The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and...

Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%


The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed...

Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge


After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds. The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews

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