Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price?

The Shiba Inu derivatives market is again heating up, providing a bullish outlook for the SHIB price. This comes as the crypto market rebounds, with SHIB also recording notable gains in the past few days.  Shiba Inu Derivatives Market Heats Up With Rising Open Interest CoinGlass data shows that the Shiba Inu derivatives market is heating up, with open interest rising as much as 15% on November 8. This indicates that traders are again betting on a significant price movement from the foremost meme coin. Notably, SHIB broke above the…

If the crypto bull run is ending… it’s time to buy a Ferrari: Crypto Kid

Efe Kelemci — better known on YouTube as Crypto Kid — is facing a pretty wild decision for an 18-year-old. Should he blow almost a million dollars on a sports car, or hodl? “I’m thinking, if this bull market is coming to an end, then maybe taking profit into a nice Ferrari could make sense just for passion,” the Dubai-based crypto content creator and entrepreneur tells Magazine. Before you roll your eyes, the teenage crypto millionaire swears it’s about admiring the sports car’s beauty, not flexing like a stereotypical flashy…

Privacy is the Gate to Institutional Blockchain Use: Matter Labs CEO

Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash. At the same time, banks and financial institutions have been exploring zero-knowledge (ZK) systems that enable private transaction flows on blockchains, a technology known for transparency and immutability. As Alex Gluchowski, CEO of Matter Labs, put it, “There is cypherpunk privacy, which is account-level privacy, and then there is institutional privacy, which is system-level privacy. Institutions need full visibility over their own…

Gemini Exchange Posts Strong Revenue Growth Amid Deepening Losses – SuperCryptoNews

Gemini Space Station, the crypto exchange founded by the Winklevoss twins, reported a 52% jump in Q3 revenue growth since its September initial public offering (IPO), but the good news was overshadowed by a net loss that was far steeper than analysts expected. The company, whose shares (GEMI) tumbled as much as 12% in post-market trading to an all-time low below $15, posted a net loss of $159.5 million, or $6.67 per share. This loss significantly exceeded the $3.24 loss per share anticipated by analysts, according to a Bloomberg survey.…

ETH Balance on Binance Hits 7-Month Low

Key Notes Ethereum supply on Binance has reached its lowest level since May. ETH price went from between $4,500-$5,000, and it is now struggling at $3,500. A continuous supply dip may likely translate to an Ethereum price breakout. Blockchain analytics platform CryptoQuant has reported the Ethereum ETH $3 552 24h volatility: 1.5% Market cap: $428.65 B Vol. 24h: $35.91 B balance outlook on cryptocurrency exchange Binance. According to its post on X, Ethereum exchange supply on Binance has fallen to its lowest level in the last seven months. Ethereum Needs…

Bitcoin price prediction: BTC consolidates below $108K

Summary Bitcoin price is hovering around $104.5K, trading in a narrow range below $108K resistance after weeks of macro-driven volatility. Reduced intraday swings, easing miner selling, and tightening Bollinger Bands and ATR suggest the market is coiling for a potential move. A break above $107,500–$108,000 could push BTC toward $110K–$112,000, supported by ETF inflows, institutional interest, and higher lows above $104K. Failing to hold $104,000–$104,500 may trigger a drop to $102K–$100.5K, with soft ETF demand or renewed miner selling adding pressure. Overall, the BTC outlook remains neutral-to-bullish, with compression under…

Minecraft, But You Can Mine Everything…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Minecraft, But You Can Mine Everything. This was HILARIOUS! dayta does another Minecraft challenge, a Minecraft, But challenge, but not Minecraft, But You Can’t Touch Grass, Minecraft But You Can’t Touch The Color Blue, Minecraft, But You Can’t Touch Sand, Minecraft But You Can’t Touch The Color Green, or any of his other Minecraft 1.19 challenges in 2022! Today dayta plays not Minecraft, But Water Rises or Minecraft, But Lava Rises, or any other Minecraft but challenge like that, but Minecraft short…

JPMorgan, DBS To Develop Tokenization Framework For Interbank Deposits

Leading financial institutions are continuing to explore blockchain technology to facilitate cheaper and faster institutional payments, signaling a growing interest in tokenization solutions. US investment bank JPMorgan and Singapore multinational banking group DBS announced Tuesday that they are developing a blockchain-based tokenization framework to enable onchain transfers between their deposit token ecosystems. The effort aims to set a new industry standard for cross-bank digital payments. The tokenization framework will allow the two financial institutions to facilitate instant payments around the clock, across both public and permissioned blockchain networks, providing their…

Bitcoin Bounce Coming Soon: Reasons Why

Key Notes Bitcoin price is currently near $105,000, just below a major resistance zone. The rise in spot trading volume suggests renewed trader activity. Analysts predict a potential short-term bounce if $104,000 support holds. Bitcoin BTC $104 396 24h volatility: 1.9% Market cap: $2.08 T Vol. 24h: $74.18 B continues to consolidate below the $107,000–$108,000 key resistance zone, slipping about 1% in the past 24 hours. BTC is currently trading around $105,000, with strong support expected near $104,000. Despite the mild decline, spot trading volume has surged 23% over the…