Bitcoin (BTC) Seen Topping $50K This Weekend Bitcoin (BTC) rose for a fifth day, reaching over $47,000 early Friday and surpassing a one-month high. The uptick in price occurred as East Asia celebrated the Chinese new year of the dragon, which is considered a lucky period according to the Chinese Zodiac. The word for dragon … Read more
Bitcoin Price (BTC) Regains $41K in End of Week Rally ARK Invest has sold over 2.2 million shares of the ProShares Bitcoin Trust ETF and bought 1.5 million shares of the ARK 21 Shares Bitcoin ETF. They sold the ProShares Bitcoin Trust ETF as part of a short-term play strategy and in anticipation of the … Read more
dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more
Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more
Bitwise Asset Management, the largest crypto index fund manager in America, has announced the launch of the Bitwise Bitcoin ETF (BITB), which will begin trading on January 11th. This new ETF will join Bitwise’s suite of 18 crypto investment products and will trade on the NYSE Arca under the ticker BITB. The management fee will … Read more
Injective is a blockchain designed for finance, supporting advanced DeFi applications and revolutionizing the landscape with scalability and seamless trading experiences. It boasts a transaction speed of 0.8 seconds and low gas fees, making it an efficient platform for blockchain transactions. Keplr and Metamask are popular wallets for interacting with the Injective chain. Acquiring Injective … Read more
Bitcoin and Ether Options Activity Hits $20B The notional open interest in bitcoin and ether options contracts on Deribit, a leading exchange, has reached $20.64 billion, a record high since November 2021. This surge in open interest indicates a growing interest in crypto options among investors. The number of outstanding contracts has doubled compared to … Read more
What are Bollinger Bands, and how to use them in crypto trading? Bollinger Bands are a technical analysis tool used in trading to assess price volatility and identify entry and exit points. They consist of three bands: the upper band, middle band (simple moving average), and lower band. Traders use Bollinger Bands to evaluate price … Read more
Top US Crypto Exchange Coinbase Adds Trading Support for New Under-the-Radar Layer-1 Project Coinbase, the leading US cryptocurrency exchange, has added support for the native token of Vara Network (VARA), a layer-1 project focused on next-gen gaming and financial applications. Vara Network recently launched its mainnet and is built on the Gear Protocol. Coinbase listed … Read more
Spot, Futures, Margin Trading with 100+ Cryptocurrencies » CryptoNinjas BITmarkets is a leading cryptocurrency exchange offering spot trading, futures trading, and margin trading options. It caters to both individual and institutional traders, providing a user-friendly interface and advanced trading tools. Spot trading allows for immediate execution of trades, while futures trading enables speculation on future … Read more
