Tag: 7th

Binance spot market share drops for 7th consecutive month: Report

Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States. Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCData According to the report, Binance’s spot market share dropped from 38.5% in August to 34.3% in September. In January 2023, Binance’s spot market share accounted for as much as 55.2%. Binance’s global spot market share percentage chart year-to-date. Source: Bloomberg Apart from the spot…

BlackRock’s Bitcoin ETF the 7th application delayed by SEC on Aug. 31

boss

The United States Securities and Exchange Commission (SEC) has delayed an application for a Bitcoin (BTC) exchange-traded fund from global asset manager BlackRock. BlackRock, a firm with more than $8.5 trillion in assets under management, had a decision on its iShares Bitcoin Trust delayed following an application with the SEC. In June, BlackRock lodged an application for a BTC-backed ETF with Coinbase listed as the planned custodian of the fund’s Bitcoin holdings and the Bank of New York Mellon in charge of its fiat accounts. BlackRock’s filing outlined the value of the…

Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year

Asset manager Fidelity Investments has filed an application for a spot Bitcoin exchange-traded fund (ETF), according to a filing by Cboe BZX Exchange with the United States Securities and Exchange Commission (SEC) dated June 19.  Fidelity’s application follows BlackRock’s spot Bitcoin ETF application on June 15 and those of WisdomTree, Invesco and Valkyrie in the following days. According to Bloomberg, seven applications for a spot Bitcoin (BTC) ETF have been filed this year. Like WisdomTree and Invesco, Fidelity was making a second try at a spot BTC ETF. Similar to other spot…

ECB Announces 7th Consecutive Interest Rate Hike of 25 Basis Points after Eurozone Inflation Climbs 7% in April

On Thursday, the ECB increased interest rates for the seventh consecutive time, with the latest figure aligning with analysts’ predictions.   The European Central Bank (ECB) has hiked interest rates for a seventh consecutive time as its war against inflation wages on. Today, the eurozone central bank hiked rates by 25 basis points as expected following its May policy meeting. The latest rate hike decision also sees the main refinancing operations’ interest rate increased to 3.75%. In addition, the rate on the marginal lending facility and the deposit facility also grew…

11th Global Blockchain Congress by Agora Group on March 6th & 7th in Dubai, the UAE

Place/Date: Dubai, The UAE – January 16th, 2023 at 5:20 pm UTC · 2 min read Contact: Agora, Source: Global Blockchain Congress Agora is hosting its 11th Edition of the Global Blockchain Congress on March 6 and 7, 2023 in Dubai, The UAE. The theme of this edition is: “Resiliency and Adaptability”. The Global Blockchain Congress leverages the experience gained through the hosting of the first 10 editions of the event in Dubai to ensure maximum return on investment for all our sponsors. The ten previous editions of the Global…

MemeBank to List On Pancakeswap on June 7th – Press release Bitcoin News

boss

press release PRESS RELEASE. There are more than 300 crypto-exchanges nowadays, almost all of them offer the same mediocre features that are identical to the leading exchanges such as Binance. MemeBank is not a lazy copy of the successors but an ambitious project that aims to drive revolutionary changes. According to its official announcement, MemeBank($MBK) will soon be listed at Pancakeswap on June 7th, 2022. The development team defines the project as a centralized exchange that solely focuses on the listing and trading of memecoins, tokens with high growth potential…

Global Metaverse Event of Lydian․World in Dubai Opera 7th May 2022

PRESS RELEASE. Football Superstars such as: Roberto Carlos Mario Yepes David Trezeguet Michel Salgado Fernando Hierro Lucas Radebe, Invite you to a Global Metaverse of Lydian.World exclusive event. The event will take place on the 7th of May 2022 in Dubai Opera. As a first offline event of such scale where thousands of guests from all over the world will gather to become a part of Lydian.World metaverse. Guests are invited to take part in multiple business opportunities and multiple entertainment moments. Lydian.World is a virtual game partially owned by…

Solana suffers 7th outage in 2022 as bots invade the network

boss

The Solana (SOL) network suffered a seven-hour outage overnight between April 30 and May 1 due to a large number of transactions from nonfungible token (NFT) minting bots. A record-breaking 4 million transactions, or 100 gigabits of data per second, congested the network causing validators to be knocked out of consensus resulting in Solana going dark at roughly 8 PM UTC on April 30. It wasn’t until seven hours later on May 1, 3 AM UTC that validators were able to successfully restart the main network. Validator operators successfully completed…

This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8 years

boss

A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory. In a tweet on Dec. 6, Philip Swift, Philip Swift, creator of analytics platform LookIntoBitcoin, returned to potentially bullish signals coming from Bitcoin’s Advanced NVT Signal. Advanced NVT deflates in Bitcoin price rout Advanced NVT calculates whether Bitcoin is overbought or oversold at a certain price point using market capitalization and network volume. In late November, when BTC/USD had already fallen to $56,000, Swift suggested that a bounce was due. The…