Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain

Advertisements The potential deployment on a Bitcoin layer 2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem. Aave, the largest decentralized-finance (DeFi) lending platform, is canvassing its community to gauge the level of interest in deploying on the BitcoinContinue reading “Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain”

Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares

Advertisements BTC’s rally has stalled amid hawkish comments from the Fed officials. As bitcoin’s (BTC) price struggles to secure a foothold above $90,000, developments in the Deribit-listed options market tied to the cryptocurrency resemble patterns that foreshadowed the recent price slide in the Trump media shares. The pattern referred to here is the implied probabilityContinue reading “Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares”

Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb

Advertisements DOGE’s price has surged 78% since Trump’s election win a week ago. When it comes to trading alternative cryptocurrencies such as dogecoin (DOGE), South Korea, known as the “Land of the Morning Calm,” is often in stark contrast to its tranquil image. Today is just that day as Koreans seem to be jumping intoContinue reading “Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb”

Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E

Advertisements In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency. A frenzied narrative that boosted dogecoin (DOGE) prices over 500% turned to reality on Tuesday — showcasing how memetic bets could be a strong trading thesis. President-elect Donald Trump announced Tuesday that it hadContinue reading “Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E”

Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham

Advertisements Trustees transferred over 30,000 BTC from “1FG2C…Rveoy” to “1Fhod…LFRT,” a new wallet, and $200 million to a Mt. Gox cold wallet. Defunct crypto exchange Mt. Gox moved $2.4 billion in bitcoin (BTC) to two wallets on Monday, Arkham data shows. The move comes as the largest cryptocurrency keeps breaking new grounds, crossing $81,000 overContinue reading “Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham”

Bitcoin’s $80K Rally is Bullish, But Slightly Overstretched as Pullback Risks Still Linger: Godbole

Advertisements Chart studies reveal that BTC’s price rally appears overstretched and could be primed for a classic “bull market pullback.” Bullish but overstretched. That’s how bitcoin (BTC) looks on short duration technical charts after Monday’s breakout above $80,000. The leading cryptocurrency by market capitalization soared to nearly $81,800 during the Asian trading hours on Monday,Continue reading “Bitcoin’s $80K Rally is Bullish, But Slightly Overstretched as Pullback Risks Still Linger: Godbole”

Is $90K Bitcoin’s Next Big Test? Trendline Analysis Reveals Insights Amid SOL/BTC Breakout: Godbole

Advertisements Trendline drawn off BTC’s April and November 2021 highs signals resistance at around $90,000. After months of struggle, bitcoin (BTC) bulls have finally managed to chew through the breakout level of $70,000 this week, setting new record highs above $76,000. With BTC in a price discovery mode on pro-crypto Donald Trump’s return to theContinue reading “Is $90K Bitcoin’s Next Big Test? Trendline Analysis Reveals Insights Amid SOL/BTC Breakout: Godbole”

Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts

Advertisements BlackRock’s IBIT accounted for most of the inflows at $1.1 billion, with zero net outflows from any product. Bitcoin (BTC) exchange-traded funds (ETFs) listed in the U.S. logged a record $1.38 billion in net inflows on Thursday, a day after Republican Donald Trump won the U.S. presidency. BlackRock’s IBIT took on over $1.1 billionContinue reading “Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts”

Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish

Advertisements Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.’s highest office. Former U.S. President Donald Trump will once again take the White House, needing only three more electoral votes from a state leaning heavilyContinue reading “Trump’s Triumph Is Also Crypto’s: Gensler, Regulatory Clouds Likely to Vanish”

Solana Jumps 17%, Flips BNB Chain Token, as Trump’s Lead Renews ETF Hopes

Advertisements An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices. Solana’s SOL jumped 17% in the past 24 hours as Donald Trump’s lead over Kamala Harris in the U.S. election renewed odds of an exchange-traded fund (ETF) approval for the token soon. “Markets are stillContinue reading “Solana Jumps 17%, Flips BNB Chain Token, as Trump’s Lead Renews ETF Hopes”

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research

Advertisements Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token. As the U.S. presidential election approaches, markets are betting on wild price swings that could challenge directional traders. In light of this, 10x Research suggests a savvy pair trade involving market leader bitcoinContinue reading “Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research”

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

Advertisements The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week. Bitcoin’s (BTC) mining difficulty hit an all-time high of 101.65 trillion (T) Monday, adding to pressure on smaller miners, who may not have as much cash available as their publicly traded rivals to keep their rigs going.Continue reading “Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners”

Bitcoin Set for $6K-$8K Seesaw as U.S. Election Enters Final Stretch: Analyst

Advertisements While volatility is price-agnostic, recent flows in the options market suggest bullish expectations. Crypto traders awaiting a surge in bitcoin (BTC) price volatility may soon have it their way as derivatives experts suggest the impending U.S. presidential election could trigger price swings matching the dramatic movements of early August. “I expect a +1.5-Sigma ($6,000Continue reading “Bitcoin Set for $6K-$8K Seesaw as U.S. Election Enters Final Stretch: Analyst”

Singapore Pushes for Commercialization of Tokenization

Advertisements The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors. The Monetary Authority of Singapore (MAS) will introduce new measures to advance tokenization in financial services. The regulator said it will form commercial networks to deepen liquidity of tokenized assets, developing an ecosystem of market infrastructures, fosteringContinue reading “Singapore Pushes for Commercialization of Tokenization”

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