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Crypto.com’s Spot Trading Volume Soars, Surpassing Kraken and KuCoin – Can it Overtake Binance Next?
25.1.2024
Crypto.com has experienced a surge in its spot trading volume, surpassing major competitors Kraken and KuCoin. The platform’s impressive performance has positioned it as the 9th largest cryptocurrency exchange globally, with its spot volume accounting for over 3 percent of the global market....
Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia
25.1.2024
Bakkt Holdings, crypto trading and custody platform, announced the expansion of its crypto operations in several crypto-friendly international jurisdictions. The digital assets solutions firm has established crypto trading and onramp capabilities in Brazil and Guatemala, adding to Bakkt’s existing...
Bixin Applies for Crypto Exchange License With Hong Kong SFC
25.1.2024
Virtual asset trading platform Bixin has applied for a virtual asset trading platform license with Hong Kong Securities Futures Commission. So far, 13 crypto firms have applied for the similar license with the Hong Kong regulator. As per the official SFC website, virtual asset trading platform...
Solana NFT Weekly Sales Hit $62M, Surpassing Bitcoin Network
25.1.2024
Weekly NFT sales on Solana experienced a surge this past week, surpassing Bitcoin. Cryptoslam data reveals that the blockchain’s weekly trading volume exceeded $62m between Jan. 18 to Jan. 25. It’s worth noting that around $3.4m constituted wash volume, or trading designed to create...
Immediate Maximum Review – Scam or Legitimate Trading Platform
25.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content As more people are jumping into the world of crypto, there’s a rising demand for education about it. Immediate Maximum is a new platform that aims to make learning about crypto easy. This...
Celsius Wallet Transfers $36M into Coinbase and FalconX Platforms – What’s Going On?
24.1.2024
Source: AdobeStock/Rafael Henrique On-chain analytics blockchain platform Lookonchain has identified a Celsius wallet making transfers to crypto exchanges. Sharing the information on X (formerly Twitter), Lookonchain highlighted that the defunct crypto lending protocol’s wallet deposited...
Solana Startup Dialect Builds 'Conversational' Telegram Trading Bot
24.1.2024
Franklin Templeton Confident in Spot Bitcoin ETF’s Future, Awaits Advisor Familiarity
24.1.2024
The renowned financial services firm Franklin Templeton remains optimistic about the future of its spot Bitcoin ETF despite not yet achieving significant trading volumes compared to industry giants like BlackRock, Fidelity, and Grayscale. While these major players account for about 90% of total...
Cardano Price Prediction as Trading Volume Skyrockets 80% – Is ADA Poised for Recovery?
24.1.2024
The Cardano price has risen by 4% in the past 24 hours, reaching $0.4728 as the cryptocurrency market recovers by a modest 0.5% today. ADA’s jump today isn’t enough to override losses over greater timeframes, however, with the altcoin still down by 10% in a week and by 21% in the last...
Immediate Neupro Ai Review – Scam or Legitimate Trading Platform
24.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Neupro Ai reportedly welcomes users to discover a wide world of financial opportunities by connecting them with ‘top brokerage firms’ or exchanges. The platform also...
British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
24.1.2024
Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
24.1.2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin...
JPMorgan Analysts Downgrade Coinbase Shares to Underweight, Citing Impact of Spot Bitcoin ETFs
24.1.2024
JPMorgan analysts have downgraded Coinbase shares from Neutral to Underweight, causing a 5% drop in the stock’s value during premarket trading on Tuesday. The analysts have also established a price target of $80 per share, indicating a significant downside risk of over 37% from the current...
Bitcoin Price Prediction: Drops to $39,650 Amid Unconstitutional Canadian Law & GBTC Withdrawals
24.1.2024
In the In the realm of cryptocurrency, the latest Bitcoin price prediction becomes increasingly complex as the asset dips to $39,650, influenced by a blend of regulatory news and investment product dynamics. On Wednesday, Bitcoin registered a notable decline, trading at $39,653, marking a 1.03...
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
$WIF Pumps 35% on BitMex/Binance Listings, Then Dumps as $GFOX Sails to $3 Million
23.1.2024
Binance and BitMEX recently made $WIF available for trading via a new listing – WIF/USDT. The platforms described the perpetual swap as the token’s first major listings. From the look of things, this listing initially had a positive impact on $WIF’s price action before selling-off. On...
Immediate Intal AI Review – Scam or Legitimate Trading Platform
23.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Intal AI is a crypto trading platform that promises to let users experience the future of trading. It portrays itself as a provider of an AI-powered trading system, letting users...
Immediate XGen Review – Scam or Legitimate Trading Platform
23.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate XGen claims to provide users with a way to attain financial gains without having to put much thought into strategy. The platform promises to deliver cutting-edge technology that will...
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
23.1.2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities. GBTC Sees...
Bitcoin Price Drops Below $39k as Total Liquidation Reaches $320 Million in 24hrs
23.1.2024
Source: Pixabay Bitcoin (BTC) is facing another wave of volatility falling below the $39,000 mark on Tuesday, a 4.33% slump in the past 24 hours. The largest crypto by market cap is currently trading at $38,955 at press time. Bitcoin price has dropped slightly over 9% in the weekly charts and...