Day: July 24, 2024

Under-the-Radar Crypto Exchange Challenging Coinbase’s Dominance in US, According to Kaiko Research

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Coinbase’s market leadership in the US is under threat, according to crypto market data analytics firm Kaiko Research. In a new report, Kaiko Research says that the US crypto exchange landscape has undergone a “shift” with a relatively new entrant Bullish managing to garner increased market share to the point of gaining an advantage over Coinbase on some digital assets. “When it comes to Bitcoin (BTC) and Ethereum (ETH) trading Bullish now has comparable trade volumes to Coinbase. The relatively newer exchange has even eclipsed Coinbase BTC and ETH volumes…

Litecoin (LTC) Set To ‘Wake Up’, According To John Bollinger’s Forecast

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Both experienced traders and experts are drawn to Litecoin (LTC). Declaring it “about time for LTC to wake up,” John Bollinger, the author of the well-known Bollinger Bands, recently hinted to an upcoming change for LTC. As Bollinger examined Litecoin’s monthly chart using his own method, this enigmatic signal laid the ground for a possible price rise. Related Reading Focusing on the narrowing of the Bollinger Bands—a main signal of low market volatility— Bollinger’s study implies Litecoin could be about to undergo a notable price movement. His guidance on changing…

Extremely Low Odds on Polymarket for Kamala Harris’s Bitcoin 2024 Attendance

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Rumors about U.S. Vice President Kamala Harris possibly attending the Bitcoin 2024 conference in Nashville have garnered substantial attention. Alongside the speculation, a Polymarket bet estimates Harris’s odds of attending at roughly 8%. ‘Unburdened by What Has Been’ On July 23, David Bailey, CEO of BTC Inc., the company organizing Bitcoin 2024 in Nashville, stated […] Original

Russian parliament passes bill for crypto use in international trade, legalizes crypto mining

Russian parliament passed a bill allowing the use of crypto for international trade and also legalized crypto mining. The legislation aims to facilitate international transactions that Western sanctions and regulatory pressures on local banks have hampered. The use of crypto will allow certain industries to bypass specific trade regulations.  According to Reuters, Russia has experienced notable interruptions in global transactions with key trading partners like China, India, the United Arab Emirates, and Turkey. This is due to local banks exercising increased caution under pressure from Western regulators. BREAKING: 🇷🇺 Russian parliament has…

Wazirx Prepares Poll for User Input on Resuming Withdrawals and Trading

Indian crypto exchange Wazirx is setting up a poll to let customers decide on reopening the platform for withdrawals, deposits, and trading. “Some options have emerged to help with the recovery which we’re exploring,” said Wazirx co-founder Nischal Shetty. “We’re actively contacting projects linked to the stolen tokens to seek their support in the recovery […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin rewards app Fold to go public via SPAC merger

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Bitcoin fintech company Fold has agreed to go public by merging with FTAC Emerald Acquisition. Fold, a Bitcoin (BTC) fintech company that offers rewards on bill pays, is poised to go public via a merger with the special purpose acquisition company FTAC Emerald Acquisition at a pre-money equity valuation of $365 million. In a July 24 press release, Fold revealed that following the transaction, it will hold over 1,000 BTC on its consolidated balance sheet, with the proceeds from the merger to be used to “accelerate the growth of Fold’s…

Crypto Pundit Reveals Key Levels To Watch For The Solana Price

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Solana (SOL) is currently one of the high-flyers in the crypto market. The crypto token recently recorded one of the most gains following the market-wide rebound. Crypto analyst Rekt Capital, however, suggested that the crypto token is just getting started, revealing key levels to watch as Solana eyes higher prices.  Key Levels To Watch For Solana’s Price In an X (formerly Twitter) post, Rekt Capital highlighted $180 and $202 as key price levels to watch for Solana’s price. The analyst claimed that a successful retest of the $180 price level…