Tag: Trading

8081.io Announces the Prelaunch of its Automated Trading Platform for Cryptocurrency

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In a landmark development, 8081.io, a leader in cryptocurrency trading automation, today announced the pre-launch of its state-of-the-art automated trading platform. Armed with advanced AI/ML technology, this platform is meticulously crafted to serve the unique needs of both traditional retail investors and institutional licensed brokers. Poised to lead the upcoming global surge in crypto adoption, 8081.io combines user-friendly design with sophisticated technology. Confronting the trust issues and asset selection uncertainties that have long plagued the crypto industry, 8081.io set out to serve as a beacon of innovation and dependability. This…

Magic Eden debuts ‘Emmy’, a multi-chain wallet for streamlined NFT trading

NFT marketplace Magic Eden has launched its web3 wallet Emmy, featuring multichain compatibility for improved utility. The new wallet broadens the scope of compatibility, functioning seamlessly with Solana, Bitcoin, Polygon, and Ethereum, and is tailored specifically for users active in the NFT marketplace and those engaged in cross-chain collecting. In its official announcement on Jan. 29, Magic Eden conveyed its enthusiasm about the wallet’s public release, underscoring its potential to transform the NFT industry for both collectors and traders. The need for a “singular, unified wallet,” as identified by Magic…

Intents and solvers: AI’s next frontier in defi trading and portfolio management

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Of all the areas poised to be upended by the integration of AI into defi, “intents” and “solvers” are high on the list and could potentially reshape the financial landscape forever. At its core, an intent represents a market participant’s desired outcome translated into an actionable directive. Imagine seeking Bitcoin (BTC) at a pre-determined price—that’s an intent. Enter an AI-powered solver, a sophisticated algorithm wielding the power…

Solana Startup Dialect Builds ‘Conversational’ Telegram Trading Bot

Osborn said Dialect’s bot takes a conversational approach to trades. It’s programmed to react to direct orders – “buy,” “sell,” “swap” and “info” – with a pop-up user interface that outlines exactly what’s about to be traded, and at what price. It consults ChatGPT to figure out what it’s supposed to do when orders don’t match the commands. Source

New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale – Blockchain News, Opinion, TV and Jobs

Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion in lifetime trading volume. Telegram trading bots let traders manage a cryptocurrency trading portfolio within Telegram’s app. In practice, this means those investors with heavy telegram usage, which of the 800 million active Telegram users is substantial, no longer need to operate across two applications to manage…

ProShares Bitcoin ETF trading declined over 70% since spot Bitcoin ETF launch

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ProShares’ Bitcoin Strategy ETF experiences a significant drop in trading activity as investors shift focus to spot Bitcoin ETFs. On Jan. 18, trading volumes for BITO on the New York Stock Exchange fell sharply to just above $500 million, a significant decrease from the $2 billion peak seen on Jan. 11, per Coinbase’s data. Additionally, data from ETF.com shows a substantial outflow from BITO, exceeding $270 million, within the same timeframe. Despite this downturn in trading activity, market analysts maintain a positive outlook on BITO’s role in the sector, particularly…

Spot Bitcoin ETFs secure another 10,600 BTC in fifth-day trading surge

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Spot Bitcoin exchange-traded fund issuers accumulated an additional 10,667 Bitcoin (BTC) to their holdings by the fifth trading day, paralleling an uptick in trading volumes. According to data from the X account CC15Capital Bitcoin worth approximately $440 million was acquired by funds taking part in recent ETF approval. BlackRock’s ETF made the most considerable purchase with 8,700 BTC on Jan. 17, valued at nearly $358 million. Collectively, nine ETFs, excluding Grayscale, have amassed close to 68,500 BTC since their inception, now valued at around $2.8 billion. The recent acquisitions of…

Why Is Bitcoin Price Trading Sideways? 3 Key Factors

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The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin’s current sideways trading trend: #1 ETF Inflows Are Offset By GBTC Selling, But For How Much Longer? The spot Bitcoin ETFs continue to be the dominant theme on the market, and Grayscale in particular, with its GBTC, remains the focus of analysts. While the ETF inflows continue to be record-breaking, the Bitcoin price remains flat. One…