Shiba Inu bulls continue to struggle to hold on to gains from the last week despite losing their hold at the $0.00001 level. This shows a commitment to pushing the price of the meme coin even higher at a time when large cap altcoins are not really getting much attention. Given this, the SHIB price has traded in a tight range for a while now, something that could either make or break the price. Shiba Inu Trading In A Descending Parallel Pattern Crypto analyst Ali Martinez has identified a pattern…
Tag: Trading
Bybit Introduces Bot Copy Trading for Automated and Social Crypto Trading
At its core, bot copy trading enables users to replicate the precise trading bot settings and strategies of experienced “master” traders. Bybit has recently introduced an innovative automated trading system called bot copy trading. This new offering aims to simplify and enhance portfolio management for its extensive user base of over 20 million individuals. By integrating futures trading bots with copy trading features, Bybit provides advanced yet user-friendly tools for crypto investors at all skill levels. At its core, bot copy trading enables users to replicate the precise bot settings…
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs, a leading global investment banking firm, has projected a substantial surge in trading volumes of blockchain-based assets in the next one or two years, with significant market growth anticipated in three to five years, according to an interview with Reuters. This forecast, as revealed in a recent Reuters interview with Mathew McDermott, the bank’s global head of digital assets, aligns with the growing interest in digital assets and blockchain technology observed across the financial sector. Goldman Sachs’ enthusiasm for blockchain extends beyond traditional cryptocurrencies like Bitcoin, which has…
Goldman Sachs forecasts dramatic surge in blockchain asset trading volumes by 2025
The Wall Street financial giant Goldman Sachs says the market is about to see a ‘significant uptick’ in the quantum trading on-chain within the next two years. Goldman Sachs is anticipating a significant uptick in trading volumes of blockchain-based assets within the next few years as demand for distributed ledgers keeps surging. In a recent interview with Reuters, Goldman Sachs’ global head of digital assets, Mathew McDermott, said the New York-headquarter bank sees a “huge appetite” for digital assets, adding that the trend has “grown significantly” since the beginning of…
ABT token price spikes over 80% in 24 hour trading
The price of Arcblock increased over 80% in the last day, reaching a high of $0.31 before pulling back to $0.25. The price of Arcblock (ABT) surged over 80% in just 24 hours earlier today, rising from $0.17 to an intraday high of $0.3133 before pulling back to $0.2527 as of press time. This marks a nearly 50% gain over the same period. Trading volume for ABT also spiked by over 820%, reaching $12.8 million over the last 24 hours compared to just $1.39 million the day before. However, the…
Donald Trump, FIFA and Megadeth NFTs, trading volume nears $1B: Nifty Newsletter
In this week’s newsletter, read about how nonfungible token (NFT) trading volume neared $1 billion in November, and check out new NFT releases from former United States President Donald Trump, FIFA and heavy metal band Megadeth. In other news, find out why NFT platform Enjin transferred 200 million NFTs from Ethereum to its own blockchain. And don’t forget this week’s Nifty News featuring Funko and Disney’s NFTs. NFT trading volume nears $1 billion as markets turn bullish: Report NFTs might be making a comeback as their trading volume almost reached…
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
The move came at a time where regulators in the U.S. started to heavily crack down on crypto companies, including Coinbase itself, which was sued and is still under investigation by the Securities and Exchange Commission (SEC) for allegedly violating federal securities laws. The exchange has moved to dismiss those allegations. Source
Coinbase launches spot crypto trading on international exchange
Coinbase is introducing spot cryptocurrency trading on its international exchange, marking a significant step towards its global expansion strategy. Starting Dec. 14th, institutional traders can engage in Bitcoin (BTC) and Ether (ETH) transactions, paired with the USDC stablecoin. Greg Tusar, who leads institutional product development at Coinbase, emphasized the strategic importance of offering both spot and derivatives trading concurrently in an interview with Bloomberg. We are excited to announce the next phase of our Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers, designed to…
Two individuals indicted for $25M AI crypto trading scam: DOJ
The United States Department of Justice (DOJ) has indicted two individuals for allegedly operating a $25-million artificial intelligence (AI) crypto-trading Ponzi scheme. According to the Dec. 12 announcement, Australian national David Gilbert Saffron and Los Angeles resident Vincent Anthony Mazzotta Jr. are accused of operating trading programs that “falsely promised to employ an artificial intelligence automated trading bot to trade victims’ investments in cryptocurrency markets and earn high-yield profits.” After receiving users’ deposits, however, the two individuals allegedly spent the money on “private chartered jet flights, luxury hotel accommodations, private…
Binance Peer-to-Peer Trading Platform Halts Ruble Support Following Russia Exit
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