Could Mpeppe Challenge Pepecoin Market Cap at Launch? Analyst Data Predicts 100x

Este artículo también está disponible en español. In the ever-evolving landscape of cryptocurrencies, the meme coin sector continues to be a hotbed of innovation and competition. Pepecoin (PEPE), once a dominant force in this space, has recently faced challenges that have opened the door for new contenders. Among these, Mpeppe (MPEPE) stands out as a potential game-changer, with analysts predicting it could rival or even surpass Pepecoin (PEPE)’s market cap at launch, with the potential for a 100x surge in value. Pepecoin’s Current Struggles Pepecoin (PEPE) has long been a…

DeFi Protocol Synthetix To Launch Its Own Application Blockchain, SNAXChain

Este artículo también está disponible en español. Decentralized finance (DeFi) protocol Synthetix (SNX) is working toward launching its application blockchain, dubbed SNAXChain, according to a blog post published on September 4, 2024. Synthetix SNAXChain To Launch On Optimism’s Superchain Infrastructure Ethereum-based derivatives liquidity protocol Synthetix is set to unveil SNAXChain, an application blockchain built on Optimism’s Superchain infrastructure.  For the uninitiated, Ethereum layer-2 (L2) scaling network Optimism’s Superchain is essentially a network of L2 chains, known as OP chains. These chains share security features a communication layer, and are powered…

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […] Source CryptoX Portal

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto space. This partnership marks a significant step towards the broader acceptance of cryptocurrencies in […] Source CryptoX Portal

DTX Exchange’s Layer-1 Blockchain Soars After Testnet Launch

DTX Exchange (DTX) has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem. Analysis of DTX Exchange’s Unified Platform DTX Exchange (DTX) was envisioned as a cutting-edge platform that brought together conventional and decentralized assets under a single umbrella. The DeFi exchange provides retail traders with maximum capital access along with a suite of trading…

Can Bulls Launch a Recovery?

Bitcoin price started a consolidation phase near the $58,500 level. BTC must clear the $60,500 resistance to start a recovery wave in the near term. Bitcoin tested the $58,000 zone before there was a minor recovery. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance at $60,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might slip again if there is no move above the $60,500 resistance. Bitcoin Price Starts…

Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options

Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style exercise and cash settlement features. Nasdaq Seeks to Launch Bitcoin Index Options Nasdaq […] Original

Nasdaq files for SEC approval to launch Bitcoin index options

Nasdaq just filed with the U.S. Securities and Exchange Commission to list and trade Bitcoin Index Options. These options will track the price of Bitcoin (BTC) represented by the CME CF Bitcoin Real-Time Index, according to a press release. These options aim to provide increased transparency and reliability to the crypto market. Pending regulatory approval, this initiative would allow investors to better manage and hedge their crypto positions, thereby enhancing liquidity and maturity within this digital asset class. Bitcoin index options The options will feature European-style exercise and cash settlement,…