The U.S. Securities and Exchange Commission (SEC) has approved a significant rule change, allowing Nasdaq’s International Securities Exchange (ISE) to list and trade options on the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock. This decision marks a pivotal development in the evolving landscape of cryptocurrency derivatives, offering investors new tools to … Read more
TON’s 900 million active user base, mostly from the CIS countries, particularly Russia and Ukraine, trailed by India, Brazil and the US Global, 17th September 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has released an extensive report outlining the current state and development traction of the TON ecosystem, while highlighting its existing shortcomings and … Read more
This past week has witnessed a notable surge in altcoin performance alongside Bitcoin (BTC), leading to an increase in the Altcoin Season Index, which has risen to a two-month high of 45, according to Blockchain Center. While this is a positive sign for altcoin enthusiasts, it’s important to note that the index needs to reach … Read more
PancakeSwap, one of the leading decentralized exchanges (DEXs), continues to make waves in the cryptocurrency ecosystem, despite a decline in total value locked (TVL) from its peak of $7.16 billion in May 2021. With over 43 million unique addresses utilizing its platform, PancakeSwap operates through an automated market maker (AMM) model, facilitating seamless trading experiences … Read more
On September 20, a significant milestone was achieved with the SEC’s approval of options trading for BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT on Nasdaq. This groundbreaking decision allows investors, both institutional and retail, to access more sophisticated strategies to hedge against and gain exposure to the cryptocurrency market. The approved options are … Read more
Bitcoin (BTC) is making headlines as it dominates the charts with a staggering $75 million in liquidations following a 2.9% price increase. Currently trading around the $62,000 mark, Bitcoin’s recent price action has led to significant market movements. Liquidation Highlights According to Coinglass data, the largest single liquidation occurred on the Bybit exchange, amounting to … Read more
On Thursday, Commerzbank announced a significant collaboration with Crypto Finance, a subsidiary of Deutsche Börse, to provide secure trading and custody of crypto assets for its corporate clients. This strategic partnership highlights the growing acceptance and integration of cryptocurrencies within traditional financial services. Focus on Bitcoin and Ether Initially, the service will center around Bitcoin … Read more
On September 18, TrueX officially launched, positioning itself as a “non-custodial, stablecoin-native exchange” designed to enhance security and trust in cryptocurrency trading. The platform has successfully raised $9 million in seed funding from notable investors, including Paxos, the Solana Foundation, and Aptos. Settlement Currency and Market Position TrueX will primarily utilize PayPal USD (PYUSD), a … Read more
The recent recovery in Dogecoin’s price has brought a sigh of relief to investors, especially after the meme coin languished around the $0.09 mark for an extended period. As prices rebound, whale activity has surged, with large investors moving substantial amounts of DOGE to and from their wallets. However, the net flow data suggests a … Read more
Cardano (ADA) was poised for a potential rally toward the $0.40 mark just two days ago. However, recent developments suggest that this bullish momentum may be waning as crypto whales appear to be stepping back from their activity. Whale Activity Signals Concerns On September 14, Cardano experienced a significant surge in large transaction volume, reaching … Read more