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
Tag: Trading
Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts
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
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
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
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
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…
Monitok’s AI Trading Assistant — Your Key to Smarter Crypto Decisions
Este artículo también está disponible en español. As we come to the end of 2024, it’s important to acknowledge that although there have been some ups and downs this year, some great inroads have also been made such as the Bitcoin halving event (marking the start of the bull market), approval of spot Bitcoin and Ethereum ETFs, as well as the implementation of Ethereum’s Dencun Upgrade (enhancing the leading Layer 2’s efficiency, scalability and security). However, when it comes to crypto trading, things haven’t been smooth sailing, and traders have…
Largest Digital Bank in Hong Kong to Offer Bitcoin Trading to Retail Users
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin trading services. The launch of the […] Original