Bithumb Meta Rebrands to Bithumb Partners for Investors

Bithumb, one of South Korea’s leading cryptocurrency exchanges, has transformed its now-defunct subsidiary, Bithumb Meta, into Bithumb Partners.  As reported by BizWatch today, the rebranding is interpreted as a major strategic change. Apart from the name, the focus has changed to investment operations, forming a new entity within Bithumb. In the fourth quarter of 2024, Bithumb rebranded and injected another 1 billion KRW or 6,80,099 USD, bringing the total capital for the subsidiary under 100% ownership of Bithumb to around 2 million dollars. In 2023, previous investors in Bithumb Meta-such…

Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Floki Memecoin Project in Plans To Launch Exchange-Traded Product for European Investors in Q1 of 2025

The development team behind dog-themed meme asset Floki (FLOKI) is announcing a plan to launch a new exchange-traded product (ETP). In a new thread on the social media platform X, the project says it has been working closely with a respected asset manager to create a FLOKI-based ETP for European inventors, set to launch in Q1 of next year. “We’ve been actively working with a respected asset manager and an ETP issuer to launch a Floki ETP for quite a while now. After months of due diligence and painstaking effort,…

Polygon’s presale token captures XRP and Cardano investors’ attention

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Polygon’s presale token XYZ is capturing XRP and Cardano investors’ attention. A new presale token from Polygon is drawing attention from investors who once favored XRP and Cardano (ADA). Predictions for this token suggest gains as high as 16,900%, stirring excitement in the cryptocurrency market. XYZ: Taking the spotlight with 16,900% growth forecast XYZ — the first-ever all-sports meme coin — is emerging as a must-watch contender. Combining the…

Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors?

Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback. While short-term holders face losses, long-term metrics provide a broader perspective on Bitcoin’s trajectory, as analyzed by CryptoQuant’s Avocado Onchain in a recent report. Opportunity Or End of The Bull Cycle? According to Avocado Onchain, the realized price for investors who entered the market during Bitcoin’s recent peak at…

As Bitcoin Reclaims $100,000, Warning Signs Emerge from Long-Term Investors

Este artículo también está disponible en español. Before yesterday’s plunge, Bitcoin recent rally was able to propel the asset to a new all-time high of $108,000, marking another significant milestone in its upward trajectory. However, according to latest analysis, this notable price surge is accompanied by signs of potential market volatility, as long-term holders begin to exhibit selling activity. Attention has been turned to the Binary Coin Days Destroyed (CDD) metric, a critical tool for assessing the behavior of long-term Bitcoin holders. Related Reading What Do Long-Term Holders Currently Signal?…

This hidden crypto gem could make traders richer than Bitcoin’s first investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A little-known meme coin, DOGEN, is skyrocketing with 333% gains, fueled by Trump’s crypto-friendly stance and bullish momentum in the market. There’s a new cryptocurrency that could surpass the profits made by early Bitcoin investors. This little-known digital coin is gaining attention for its potential to deliver huge returns. Its unique technology and features are stirring excitement in the crypto world. Explore why this emerging asset might be the…

Yeti Ouro sells out of stage 1 ahead of schedule, early investors enjoy over 40%

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Yeti Ouro storms the crypto scene with a sold-out presale, 40% early returns, and a P2E gaming platform set to spark the market. Yeti Ouro (YETIO) is shaking up the crypto world. Stage one of its presale sold out faster than expected. Early investors are already celebrating a 40% return on their holdings. The demand for YETIO is skyrocketing, and crypto traders are increasing their investments. Unmatched growth potential…

Investors Withdraw Nearly $4,000,000,000 Worth of Bitcoin From Crypto Exchanges Over Past Week, Says Analyst

A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a steady downtrend in the overall balance of BTC on crypto exchanges. “Another 40,000 BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion!” Source: Ali Martinez/X However, Martinez also says that Bitcoin…