Tag: Crypto

Bitcoin (BTC) Price Blasts to $90K on Coinbase as Crypto Rally Shakes Out Leveraged Traders

The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didn’t last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbase‘s BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CryptoX Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as the price on Coinbase topped $90,000. Source CryptoX Portal

SEC Crypto Litigation Releases – October 2024

The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. […] Source CryptoX Portal

Tether’s USDT, Circle’s USDC Supply Grow $5B Since US Election as Investors Pile Into Crypto

One metric that underscores this behavior is the balance of Ethereum-based stablecoins on exchanges. The amount of stablecoins on exchanges declined steadily heading into the election as investors took a “wait-and-see approach”, Shuttleworth said. Then, following Nov. 5 election, stablecoin balances jumped to a yearly high of $41 billion from around $36 billion in early November, Nansen on-chain data shows, as investors deposited stablecoins pent-up demand for crypto assets Source

FanDuel founders launch crypto casino, raise $6m in seed funding

BetHog, a new crypto-based casino and sportsbook founded by FanDuel co-founders, has launched with $6 million in seed funding to offer innovative games and expand its global reach. The funding round was led by investment firm 6MV, with contributions from Will Ventures, Bullpen Capital, and other investors. BetHog was founded by Nigel Eccles and Rob Jones, original co-founders of the sports betting platform FanDuel. According to a company release, BetHog aims to stand out in the online gambling space by combining casino games with unique, skill-based options and a “play-along”…

Time for Crypto to Put the Pedal to the Floor

Cryptocurrency and the American economy as a whole are not zero-sum competitions. When crypto projects and small businesses succeed, we are all enriched. The competition between the SEC and the cryptocurrency industry, on the other hand, is zero-sum. Either the SEC can ban these markets, or cryptocurrency projects can access them. Both cannot be true at once. Source

Trump’s crypto support could push China to revive crypto regulation

HashKey’s Xiao Feng believes Trump’s crypto stance may prompt China to accelerate its adoption of cryptocurrencies. U.S. President-elect Donald Trump’s pro-crypto policy may eventually prompt China to reconsider its stance on digital assets, HashKey Group chairman Xiao Feng told the South China Morning Post in an interview. Xiao suggested that a clear commitment from Washington to promote the cryptocurrency sector could accelerate Beijing’s timeline for adopting crypto businesses. Despite China’s ban on crypto trading, mining, and initial coin offerings, Xiao believes that geopolitical factors, including the U.S.-led sanctions on Russia…

7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens

boss

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with…

4 Crypto Expected To Challenge Their All-Time Highs Soon

boss

Este artículo también está disponible en español. As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks.  Price Appreciation For Leading Crypto Post-Election Market expert Jesse Olson recently shared his altcoin watchlist on social media platform X (formerly Twitter), highlighting four cryptocurrencies, including Solana (SOL), as key players for what could be massive gains ahead.  Currently trading at around $218, SOL has experienced…