“Contrary to ASIC’s submissions, the Qoin Blockchain, a means of acquiring Qoin and a means whereby business operators who hold Qoin Wallets can register as Qoin Merchants are not components of, and are not themselves, the mechanism which allows the user to make the non-cash payment,” the order said. Source
Tag: Market
Market Making Mastery: Coinrate.pro CEO Reveals the 12x Market Caps Strategy
PRESS RELEASE. Abu Dhabi, AE, May 6, 2024 – Amidst the 2024 resurgence of the bull market, with Bitcoin breaking the $72,000 mark, the demand for sophisticated market making has skyrocketed. Coinrate.pro has emerged as a trailblazer with its innovative market making strategies and forward-looking vision. Sergey Smotrov, the CEO of Coinrate.pro, unveils the company’s […] Source CryptoX Portal
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving a market capitalization of $88 million by 11 a.m. Eastern Time on Sunday. From Epic Satoshi to EPIC•EPIC•EPIC•EPIC Runes […] Source CryptoX Portal
NFT Market Sees Over 30% Decline in Weekly Sales
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin and Ether Lead in Volatile NFT Market; Weekly Sales Down 30% […] Source CryptoX Portal
Arthur Hayes foresees market bottom, predicts gradual uptrend
Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following a weekly decline. Hayes’s insights emerge as weekly red candles appear on multiple cryptocurrency charts. These candles reflect the market’s downturn earlier this week, which he believes could be the bottom. “While I don’t expect crypto to fully realize the recent U.S. monetary announcements’ inflationary nature immediately, I expect prices to bottom, chop, and begin a slow grind higher,” Hayes stated in a recent blog post. This perspective comes at…
Bitcoin climbs above $60k after US labor market report
The price of Bitcoin has consolidated above $60,000 following the U.S. labor market report issued today. The rise in Bitcoin (BTC) happened shortly after the publication of the U.S. jobs report, which shifted expectations of the Federal Reserve’s key rate cut from November to September. Bitcoin gained more than 4% after the release of the statistics and continues to grow, moving towards $62,000, according to CoinMarketCap data. Source: CoinMarketCap CryptoQuant CEO Ki Young Ju said that Bitcoin whales accumulated 47,000 BTC in anticipation of the Fed’s report. Macroeconomic data has caused expectations…
Swiss Exchange SIX Partners with Dubai Financial Market for Dual Listings
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of…
Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites. FRIEND Starts Strong but Value Plummets […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Kraken’s CF Benchmarks hits 50% dominance on crypto ETF market
Kraken’s CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge. CF Benchmarks, a branch of the cryptocurrency exchange Kraken, is making big gains from this year’s rise in spot Bitcoin exchange-traded funds (ETFs). The firm, which provides price data for the ETFs, is now handling about $24 billion worth of crypto ETFs, according to a Bloomberg report, representing roughly half of the crypto benchmarking market. CF Benchmarks CEO Sui Chung said in an interview the firm…