ETH/BTC slipped to 0.04563 on crypto exchange Binance soon before press time, reaching the lowest since April 2021, according to charting platform TradingView. This year, the ratio has declined nearly 16%, indicating a bias for bitcoin or the leading cryptocurrency by market value. Original
The Chicago Mercantile Exchange is said to be weighing in on launching Bitcoin trades on its platform to capitalize on surging demand. CME Group, the world’s largest futures exchange, appears to be considering launching Bitcoin trading services, as interest for digital assets on Wall Street keeps growing, the Financial Times has learned, citing people familiar with the matter. The Chicago-based exchange has reportedly been in discussions with traders interested in trading the largest cryptocurrency by market value, although the plan is yet to be finalized. As of press time, CME…
Explore the variety and find the best cryptocurrency portfolio tracker for you in 2024 that could help manage your investments effectively. Against the backdrop of a recent surge in Bitcoin, many investors may be thinking about how to effectively manage their investments. Whether you’re a seasoned trader or just stepping into the world of crypto, keeping track of your portfolio is crucial for making informed decisions. As a result, with the evolution of technology, crypto portfolio trackers have emerged as promising tools for investors. Understanding crypto portfolio trackers Crypto portfolio…
CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading to capitalize on the surging demand among Wall Street money managers for exposure to the cryptocurrency sector, according to a report from the Financial Times. The Chicago-based group has reportedly been in discussions with traders interested in buying and selling the cryptocurrency […] Original
A former Management Trainee at Enterprise Rent-A-Car UK Limited (“Enterprise Rent-A-Car”) has been ordered to pay a fine after admitting he illegally obtained customer data between 18 March 2019 and 1 April 2019. Initial concerns were raised after Shairaz Saleem, 42, visited his workplace in West Yorkshire outside of his scheduled hours on Sunday 31 March 2019. An internal audit found he’d spent 32 minutes accessing 39 records of customer data in relation to 25 different rental branches. Following this, Enterprise Rent-A-Car conducted an internal investigation which found Saleem had…
“Short-term Bitcoin holders are selling at basically zero profit and traders are depleting their unrealized profits in the last few months,” CryptoQuant analysts shared in a Thursday report. “Bitcoin balances at OTC desks stabilizing, which suggests there is less Bitcoin supply coming into the market to sell via these entities.” Original
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their portfolios. He stated, “There are thousands of pension funds in the United States managing ~$27 trillion in assets. They […] Original
PRESS RELEASE. Beijing, China – May 16th, 2024. RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The […] Source CryptoX Portal
While there are crypto-specific factors that can boost Bitcoin, there’s no denying that prices are often influenced by macroeconomic and global events. Sometimes, Bitcoin’s price can suddenly leap or plunge without warning. And in many cases, this is because of macroeconomic and global events outside of BTC’s control — rather than sentiment directly related to the cryptocurrency itself. Here, we’ll explore the data and developments that can have an outsized influence on the digital asset’s performance. Inflation After the cost of living in the U.S., U.K., and beyond surged to…
“Tornado Cash does not pose any barrier for people with criminal assets who want to launder them,” according to the translated verdict seen by CoinDesk at the time. “That is why the court regards the defendant guilty of the money laundering activities as charged.” Source