Tag: Trading

Altcoin season’s top 3 winners — cryptos picks for winter 24/25 trading

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As winter 2024/25 nears, top altcoins gain momentum, offering promising trading opportunities. As the cryptocurrency market evolves, a select few altcoins are emerging as potential frontrunners for the upcoming winter trading season of 2024/2025. These digital currencies are gaining momentum and attracting attention for their growth prospects. Delving into these top performers could reveal opportunities for maximizing gains in the months ahead. XYZVerse: A winter 24/25 winner poised for…

Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What’s Going On?

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Este artículo también está disponible en español. The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours.  Dogecoin Trading Volume And Liquidations Witness Significant Spike CoinMarketCap data shows that Dogecoins’s trading volume is up over 57% in the last 24 hours, with over $6 billion traded during this period. Meanwhile, Coinglass data shows that Dogecoin’s liquidations have…

A DEX That Trades Dogecoin and Dogwifhat in One Place: Multichain Trading With Crypto Exchange Lunex Network

PRESS RELEASE. Dogecoin made its mark​ іn the crypto world​ as one​ оf the first meme coins. It became​ a legitimate contender​ іn the market, with​ a strong and loyal community backing it. Dogwifhat is another meme coin that has made its mark. Both coins are gaining popularity for their unique appeal and active trading […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts

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Este artículo también está disponible en español. Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade. Bitcoin Poised To Outshine Gold Over Next Decade, Bernstein Says In a client note released earlier today, Bernstein analysts, led by Gautam Chhugani, expressed confidence that Bitcoin will eventually assume gold’s role as a reliable safe-haven asset. The note stated: We…

Bitcoin ETF trading volume spikes 50% amid BTC drop below 100k

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U.S. spot Bitcoin exchange-traded funds recorded $7.1 billion in trading volume on Dec. 5, marking a 50% surge from the previous day, as Bitcoin’s price dropped below $100,000. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $766.66 million on Dec. 5, extending their six-day streak to a total of over $2.7 billion. BlackRock’s IBIT led the pack for the fifth consecutive day, amassing $770.51 million in inflows. Other significant contributors included Grayscale Bitcoin Mini Trust with $95.35 million and Fidelity’s FBTC with $47.47 million.…

Bitcoin mining, TradFi and commodity trading

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Tether CEO Paolo Ardoino reveals some of the stablecoin firm’s recent investments in a variety of sectors, ranging from Bitcoin mining, TradFi to payments for commodity trades. During ann interview at the Emergence Conference in Prague on Dec. 5, Paolo Ardoino stated that Tether (USDT) has made more than $13 billion in profits. Tether currently has more than $135 billion in market cap and more than $6 billion in additional excess equity. Those funds are used to expand on Tether’s ever-growing stablecoin investment portfolio. “When the stable coin and the…

Dogecoin Price Continues Trading Sideways But Bullish Pennant Says Get Ready For $1.30

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Este artículo también está disponible en español. The Dogecoin price action in the past 48 hours has been highlighted by a consolidation below the $0.45 price level. Interestingly, technical analysis shows that this consolidation is part of a bullish pennant that has been in formation since early November. Particularly, Dogecoin is currently in the flag phase of the bullish pennant formation, which is known to be the consoldation phase before the next leg up. According to Crypto analyst KrissPax, this Dogecoin price movement is creating a “great springboard for the…

Tezos Blockchain Powers New Uranium Trading Platform

Rongchai Wang Dec 04, 2024 17:39 A new decentralized marketplace for uranium trading, powered by Tezos, has launched, revolutionizing access to uranium investments through blockchain technology. A groundbreaking decentralized marketplace for trading physical uranium has been launched, leveraging the capabilities of the Tezos blockchain. This innovative platform, known as Uranium.io, allows users unprecedented access to the uranium market, according to Tezos. Revolutionizing the Uranium Market Uranium.io is supported by Curzon Uranium, a leading uranium trading company, and Archax, the first registered crypto…

South Korean martial law catapults crypto trading volume to new record high with $34b

After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in the past 24 hours the combined crypto spot trading volume from Upbit, Bithumb, Coinone, Korbit and Gopax reached a volume of $34.2 billion in the 24 hours leading up to 10:30 am EST. South Korea’s trading volume surged nearly 50% after the nation’s trading volume broke its previous record with…

Hong Kong Bitcoin spot ETFs set new record for monthly trading volume with $154m

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Monthly trading volume in November for three Hong Kong Bitcoin spot ETFs surged to $154 million in November, setting a new record-high on the Hong Kong Stock Exchange. According to data from the Hong Kong Stock Exchange, the total monthly trading volume for three Bitcoin spot ETFs in Hong Kong has reached around HKD 1.2 billion in November or equal to $154 million, setting a new monthly trading volume record. The three main Hong Kong Bitcoin(BTC) spot ETFs contributing towards this record-high streak are ChinaAMC Bitcoin ETF, Bosera Hashkey Bitcoin…