Trade Crypto Now

23 августа 2024 19:53

💰 Bitcoin dominance surges to 60% amid crypto market downturn

Bitcoin dominance, a term used to describe the total market share that bitcoin maintains relative to other cryptocurrencies, has surged to a yearly high amid a wider pullback among digital assets and global equities markets. Bitcoin’s total market cap now represents nearly 60% of the total amount of capital in the crypto industry, according to The Block’s data page. This is up from a bitcoin dominance of about 51% on Friday.

Source

@TradeCryptoNow

Trade Crypto Now

23 августа 2024 10:33

🇮🇳 India gears up for sweeping crypto regulations with new consultation paper

The Indian government is preparing to introduce comprehensive regulations for the crypto sector, local media reported on Aug. 22. Sources familiar with the matter said the first step of the plan is to release a consultation paper in the coming weeks that will invite feedback from stakeholders. The initiative highlights the government’s commitment to establishing a regulatory framework for digital currencies in India.

Source

@TradeCryptoNow

Trade Crypto Now

22 августа 2024 07:39

🚨 Hackers compromise McDonald’s Instagram account to conduct $700k rug pull

Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE — hit a $25 million market capitalization within two hours of its launch before it was rugged and lost more than 95% of its value. The scammers, who identified themselves as “India_X_Kr3w,” claim to have snagged roughly $700,000 from investors who believed the memecoin was an official McDonald’s’ token.

Source

@TradeCryptoNow

Trade Crypto Now

21 августа 2024 06:30

💰 VanEck’s Solana ETF Plans Remain Active Despite Cboe’s Filing Removal

Asset manager VanEck remains committed to launching a Solana exchange-traded fund (ETF) despite recent developments that have sparked speculation about the project’s future. He acknowledged that the 19b-4 for the VanEck Solana ETF has been taken off the CBOE website but confirmed that the S-1 prospectus for the product is still active. This indicates that the company is continuing with its plans, and the ETF remains in play.

Source

@TradeCryptoNow

Trade Crypto Now

20 августа 2024 11:56

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟

Stay ahead with:

- 📰 Real-Time Updates: Get the latest news instantly.
- 🔗 In-Depth Analytics: Powerful blockchain insights.
- 📅 Market Trends: Expert analysis and forecasts.

Join our vibrant community and stay updated with our active Twitter feed. The only news source you need!

🔗 Join now: @Cryptocurrency_Inside

#advertising

Trade Crypto Now

19 августа 2024 20:09

💰 Increased spot bitcoin ETF inflows from institutional investors is a 'promising' indicator: Coinbase

Updated 13F filings for U.S. spot bitcoin exchange-traded funds (ETFs) reveal promising signs of growing institutional interest in the digital asset, according to Coinbase's weekly market report. "We think that the continued spot bitcoin ETF inflows during bitcoin’s underperformance may be a promising indicator of sustained interest in crypto from the new pools of capital that the ETFs give access to," Coinbase analysts David Duong and David Han said.

Source

@TradeCryptoNow

Trade Crypto Now

19 августа 2024 09:19

💰 75% of all Bitcoin has been hodled for over 6 months

Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.

🤝 @Cryptocurrency_Inside ✅

Trade Crypto Now

16 августа 2024 09:04

JUST IN: 💰 Financial Post says that institutional demand is continuing to grow for spot #Bitcoin ETFs 🚀

🤝 @Cryptocurrency_Inside ✅

Trade Crypto Now

13 августа 2024 15:58

🗣️ Co-founder of BitMEX, Arthur Hayes, believes that for an altcoin season to begin, Bitcoin must surpass $70,000 and Ethereum $4,000.

He also predicts that if these levels are reached, Solana could rally to $250 during the next altcoin season.

What’s your prediction for Solana’s price?

🌚 - $180
❤️ - $250
⚡️ - $350
🐳 - $500

🤝 @Cryptocurrency_Inside ✅

Trade Crypto Now

01 августа 2024 09:49

🪙 Ethereum sees first monthly consecutive losses since August 2023 amid new ETFs

As July comes to a close, Bitcoin has finished approximately 6% higher, hovering around $66,000, nearly offsetting June’s 7% drop. In 2024, Bitcoin experienced five positive months and two negative ones. Looking ahead to August, Bitcoin has historically averaged a 2.7% gain since 2013, though it has fallen between 11% and 13% in the past two years.

Source

@TradeCryptoNow

Trade Crypto Now

30 июля 2024 09:46

💰 Over 35k BTC added to exchange balances in 2 weeks

Between July 15 and July 28, the total amount of BTC held on exchange addresses increased significantly, with over 35,000 new BTC added to exchange balances. Data from Glassnode showed exchange balances starting at 3,000,466 BTC in July and peaking at 3,046,600 BTC on July 17 before settling at 3,035,711 on July 28. This represents a significant increase, especially given the general trend of decreasing exchange balances in the past year.

Source

@TradeCryptoNow

Trade Crypto Now

28 июля 2024 11:49

🇺🇸 U.S. presidential candidate Robert F. Kennedy Jr. promises to issue Bitcoin-related executive orders if elected

U.S. presidential candidate Robert F. Kennedy Jr. promised to issue several Bitcoin related executive orders on his first day in office if elected president. Kennedy, who is running as an independent, said he would direct the U.S. Department of Justice and the U.S. Marshals Sevice to transfer about 200,000 Bitcoin held by the U.S. government to the Department of Treasury to be held as a "strategic asset."

Source

@TradeCryptoNow

Trade Crypto Now

26 июля 2024 10:44

📊 Bitcoin and Ethereum plunge after US tech sell-off, sparking $300 million in losses

The crypto market declined by around 5% in the last 24 hours, aligning with a significant drop in major US stock shares, which sent global markets downward. Bitcoin’s price fell almost 3%, falling from $67,000 to around $64,000, while Ethereum experienced an even steeper decline, dropping nearly 8% from $3,400 to about $3,100.

Source

@TradeCryptoNow

Trade Crypto Now

24 июля 2024 06:50

🏦 Mt. Gox creditors start receiving bitcoin and bitcoin cash on Kraken

Creditors of the collapsed crypto exchange Mt. Gox have begun receiving bitcoin and bitcoin cash transfers on the crypto exchange Kraken, according to a Telegram group of Mt. Gox creditors. The Block also confirmed one payout with a source. The payout comes after Kraken received 48,641 BTC, valued at over $3 billion, from the Mt. Gox Rehabilitation Trustee on July 16 to disseminate to creditors, The Block previously reported. The exchange expected creditors to retrieve their funds within one to two weeks.

Source

@TradeCryptoNow

Trade Crypto Now

22 июля 2024 08:32

🪙 DOGE open interest up 19% amid price 'breaking out' to monthly high

Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed just yet. “DOGE is breaking out and looks primed for an aggressive up move,” pseudonymous crypto trader Shelby wrote in a July 20 X post. They reiterated that Doge’s price breaking out has previously been “a catalyst” for other altcoins to follow, including Floki (FLOKI) and Shiba Inu, which have increased 37% and 3.89% respectively, according to CoinMarketCap data.

Source

@TradeCryptoNow

Trade Crypto Now

23 августа 2024 11:27

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟

Stay ahead with:

- 📰 Real-Time Updates: Get the latest news instantly.
- 🔗 In-Depth Analytics: Powerful blockchain insights.
- 📅 Market Trends: Expert analysis and forecasts.

Join our vibrant community and stay updated with our active Twitter feed. The only news source you need!

🔗 Join now: @Cryptocurrency_Inside

#advertising

Trade Crypto Now

22 августа 2024 18:47

🏦 Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction

Vice President Kamala Harris‘ team has been reaching out to key players in the crypto industry as part of an effort to mend the strained relationship with the rapidly growing sector, according to Coinbase’s Chief Policy Officer, Faryar Shirzad. In an Aug. 21 post on social media platform X, Shirzad revealed that he has participated in several discussions with the Harris team, covering topics such as fostering innovation, job creation, and consumer protection in the US.

Source

@TradeCryptoNow

Trade Crypto Now

21 августа 2024 17:42

💰 El Salvador launches Bitcoin training for 80,000 public servants

El Salvador’s National Bitcoin Office (ONBTC) has launched a Bitcoin training and certification program for 80,000 public servants. In an Aug. 20 statement, ONBTC confirmed that Bitcoin education is now a vital component of a governance initiative designed for public sector employees. This program is part of the Higher School of Innovation in Public Administration (ESIAP), established by President Nayib Bukele in 2021 to elevate governance standards.

Source

@TradeCryptoNow

Trade Crypto Now

20 августа 2024 20:43

💰 Bitcoin channel predictions align with market movements over 6 months

Through analysis of Bitcoin futures leverage, spot market order books, and psychological trading levels, I created a set of channels that have proved surprisingly resilient over the past six months. I’ve not day traded crypto since 2021, focusing instead on dollar cost averaging into Bitcoin daily. The removal of the emotional aspect of trading allowed me to focus on the data without projecting my personal feelings into trades and analysis.

Source

@TradeCryptoNow

Trade Crypto Now

20 августа 2024 06:35

🇳🇬 Nigerian lawmakers eye economic boost through crypto taxation

The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation.

Source

@TradeCryptoNow

Trade Crypto Now

19 августа 2024 19:55

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟

Stay ahead with:

- 📰 Real-Time Updates: Get the latest news instantly.
- 🔗 In-Depth Analytics: Powerful blockchain insights.
- 📅 Market Trends: Expert analysis and forecasts.

Join our vibrant community and stay updated with our active Twitter feed. The only news source you need!

🔗 Join now: @Cryptocurrency_Inside

#advertising

Trade Crypto Now

17 августа 2024 09:16

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟

Stay ahead with:

- 📰 Real-Time Updates: Get the latest news instantly.
- 🔗 In-Depth Analytics: Powerful blockchain insights.
- 📅 Market Trends: Expert analysis and forecasts.

Join our vibrant community and stay updated with our active Twitter feed. The only news source you need!

🔗 Join now: @Cryptocurrency_Inside

#advertising

Trade Crypto Now

13 августа 2024 21:52

🌐 Join the Top Telegram Crypto News Channel: Cryptocurrency ↪ Inside! 🌐

Discover the latest in crypto:
- 📰 Up-to-Date News: Stay informed with the newest updates.
- 🔗 Onchain Analytics: Gain deep insights from blockchain data.
- 📅 Market Updates & Insights: Keep track of important market trends.

👥 Join Our Active Community: Engage with fellow crypto enthusiasts.

🔗 Join now: @Cryptocurrency_Inside

#CryptoCommunity #Blockchain #CryptoNews #MarketInsights 🚀🌐📈🔗📅

Trade Crypto Now

02 августа 2024 09:29

💰 Ripple invests $10 million in tokenized US T-bills through OpenEden

Ripple has announced a $10 million investment in tokenized US Treasury bills (T-bills) through OpenEden, a tokenization platform expanding to the XRP Ledger (XRPL), according to an August 1 statement. This investment is part of a larger fund Ripple plans to allocate to tokenized T-bills from OpenEden and other yet-to-be-named issuers. Ripple has not disclosed the fund’s total size and has not yet responded to CryptoSlate’s request for further details as of press time.

Source

@TradeCryptoNow

Trade Crypto Now

31 июля 2024 08:46

🪙 QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin

Ethereum is anticipated to experience significantly larger price swings than bitcoin in the future, as reflected in the higher options volatility premium for the second-largest asset by market capitalization. "The volatility premium of Ethereum to bitcoin has widened to about 8% for the longer tenor expiries, up from 4% last week," QCP Capital analysts said. QCP Capital analysts also expressed a preference for accumulating Ethereum, noting its cost-effective spot price when considering the rise in the asset's implied volatility.

Source

@TradeCryptoNow

Trade Crypto Now

29 июля 2024 08:54

💰 Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years

Bitcoin blockchain parser identified a transfer from a 2017 address, moving 121.63 BTC for the first time in seven years and three months. The Pay-to-Public-Key-Hash (P2PKH) legacy wallet was initially created on April 9, 2017, when bitcoin (BTC) was priced at $1,187 per unit, translating to a 5,617.94% increase from $144,374.81 to over $8.25 million today.

Source

@TradeCryptoNow

Trade Crypto Now

27 июля 2024 10:02

💰 ETF issuer Jan VanEck has ‘way over 30% of his portfolio in Bitcoin’

On stage at the Bitcoin Conference 2024 today, Jan van Eck announced that way over 30% of his portfolio is in Bitcoin. Van Eck, CEO of the investment management firm VanEck, frequently compares Bitcoin to gold, viewing it as “digital gold” and a potential store of value. In an environment where global monetary stimulus erodes purchasing power, van Eck suggests that Bitcoin could outperform traditional currencies. Furthermore, he emphasizes Bitcoin’s role as an uncorrelated asset in investment portfolios, offering diversification benefits.

Source

@TradeCryptoNow

Trade Crypto Now

25 июля 2024 08:34

💰 VanEck predicts Bitcoin could hit $2.9 million by 2050 in ‘base case scenario’

VanEck outlined an ambitious scenario in which Bitcoin (BTC) could reach a staggering $2.9 million per coin by 2050 under a “base case scenario” in its latest research report. According to the report — authored by the firm’s head of digital assets, Matthew Sigel, and senior investment analyst Patrick Bush — the projected valuation hinges on Bitcoin’s adoption as a global medium of exchange and a reserve asset, which could potentially revolutionize the international financial system.

Source

@TradeCryptoNow

Trade Crypto Now

23 июля 2024 08:31

🪙 Spot Ethereum ETFs get final sign off to begin trading Tuesday

Some spot Ethereum exchange-traded funds have received the go-ahead and can begin trading on Tuesday, following weeks of back-and-forth on edits to registration statements. The U.S. Securities and Exchange Commission allowed registration forms from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck and Invesco Galaxy to go effective as of Monday afternoon. Registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust also went effective on Monday.

Source

@TradeCryptoNow

Trade Crypto Now

21 июля 2024 10:44

💰 Bitcoin Now In French Pension Plans!

VanEck has partnered with Inter Invest to introduce Bitcoin to French pension savings plans through an innovative Exchange Traded Note (ETN). This groundbreaking collaboration marks the first time French pension investors can gain exposure to digital assets in a regulated and secure manner. The product, the $407 million VanEck Bitcoin ETN (VBTC), provides a new way to include Bitcoin in retirement portfolios, offering transparency, security, and diversification.

Source

@TradeCryptoNow