Gabor Gurbac says that CME could soon take one of the largest open interest positions in Bitcoin futures. This would place them next to the leading cryptocurrency exchange, Binance. As reported by Gurbac, “CME is about to turn Binance into the second largest exchange in terms of BTC futures open interest. Using a series of […]
Bitcoin has once again surged to a staggering $35,000, triggering a wave of renewed optimism among investors and market enthusiasts. The latest data from Santiment reveals that Bitcoin has clawed its way to a new 17-month high, marking a significant milestone for the cryptocurrency. 🥳 #Bitcoin scratched its way to a new 17-month high again today. […]
Shiba Inu and XRP’s mainstream adoption was substantially boosted after BitPay, the prominent crypto payment gateway, recently joined forces with Banxa, a Canadian payment provider. This collaboration aims to introduce new local payment methods for crypto buyers worldwide, expanding the accessibility of digital assets. Beyond Shiba Inu and XRP, users can now utilize these additional […]
The crypto sphere witnessed an unprecedented surge in whale transactions. Bitcoin (BTC) and XRP stole the limelight with a jaw-dropping half-billion-dollar surge over a mere 15-hour span. The crypto spectacle ignited with a bang as a staggering 2,664 BTC, valued at a whopping $92.22 million, flowed into Coinbase. Little did observers fathom that this marked […]
On Oct. 24, blockchain sleuth The Data Nerd revealed on the X social media app that four new whales have acquired substantial amounts of Ethereum on the leading US-based Coinbase exchange. Besides, the Whale Alert crypto tracker has detected a massive ETH chunk withdrawn from the Binance exchange, which moved to an unknown wallet. According […]
Crypto investment products experienced a consecutive fourth week of inflows as the market is optimistic about the approval of spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Asset management firm CoinShares’ October 23 fund flows report indicated that a total of $66 million poured into crypto asset investment products during the week ending Oct. […]
Coinbase has addressed the rumors about imposing Bitcoin withdrawal limits on social media, eÂmphasizing their inaccuracy. Coinbase, the crypto exchange, has refuteÂd rumors circulating on social media about setting a $5,000-per-weeÂk limit on Bitcoin withdrawals. These rumors gained traction afteÂr a user’s post claimed such restrictions weÂre in place. A user on X (previously known […]
Tether, the issuer of the $84 billion USDT stablecoin, is gearing up for significant changes in its operational transparency and leadership. From December, Paolo Ardoino, Tether’s Chief Technology Officer, will take the reins as the company’s new CEO, according to the latest report. Ardoino, known for his low public profile, has emerged as the unofficial face […]
In a bold prediction, Mike Novogratz, the CEO and founder of Galaxy Digital, anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) within the year. Novogratz’s optimism stems from the changing tide in the SEC’s stance towards crypto ETFs. During an interview on CNBC Market Alert, […]