Articles for category: Crypto

Market News

Weekly Crypto Update: Major Developments in Bitcoin, Binance, Ethereum, Solana, and Ripple You Can’t Miss

The cryptocurrency landscape remains dynamic, marked by significant developments this past week. Microsoft has chosen not to invest in Bitcoin, citing concerns over its volatility, while Ripple gained approval for its stablecoin RLUSD, aiming to compete with established players like Tether. Meanwhile, Matrixport forecasts Bitcoin could reach $160,000 by 2025, driven by institutional interest and ...

Market News

BlackRock Bitcoin ETF Put Options Surge at $30 and $35 Price Points Amid Increased Trading Volume

Recent trading activity in put options linked to BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, as over 13,000 contracts of the $30 out-of-the-money put option changed hands. This could suggest bearish sentiment, but experts believe that many Market participants are using a strategy called “cash-secured put selling.” Instead of betting against the ETF, ...

Market News

Elevate Your Trading Skills: Win 30 BTC in CoinW’s Scale New Heights Mission X Challenge!

CoinW, a top global cryptocurrency exchange, is making waves with its new rebranding initiative called Mission X. This exciting change features two renowned ambassadors: football star Andrea Pirlo and record-breaking mountaineer Nicolas Hojac, representing the values of precision and trust. To celebrate, CoinW is launching the Mission X: Peak Challenge, a month-long trading competition from ...

Market News

MicroStrategy Shares Surge as Bitcoin Proxy Joins Nasdaq-100 Index and QQQ ETF Boosts Investor Confidence

MicroStrategy’s shares rose over 5% in premarket trading after the Nasdaq announced that the company will join the Nasdaq-100 index starting December 23. This move comes amid a remarkable 547% stock increase this year, significantly outperforming the S&P 500. MicroStrategy, led by CEO Michael Saylor, has built a substantial Bitcoin reserve, owning over 420,000 bitcoins, ...

Market News

Australia’s Crackdown on Crypto-Driven Money Laundering: What You Need to Know

AUSTRAC, Australia’s financial watchdog, has launched a task force focused on monitoring cryptocurrency ATM providers to ensure compliance with anti-money laundering laws. With an increase in scams and money laundering linked to crypto, AUSTRAC aims to enforce strict measures for the 1,200 operating crypto ATMs, making sure these machines are not used for illegal activities. ...

Market News

Cryptocurrency Market to Expand by USD 34.5 Billion (2024-2028) Due to Rising Investments and AI Impact on Trends

A recent report by Technavio highlights how artificial intelligence (AI) is transforming the cryptocurrency Market, which is expected to grow by USD 34.5 billion between 2024 and 2028, with a compound annual growth rate of 16.64%. Increased investments and the acceptance of digital currencies by retailers are driving this growth. However, the Market faces challenges ...

Market News

Bitcoin Soars to Record High Over $106,000: What This Means for Investors and the Future of Cryptocurrency

Bitcoin has reached a new record high, soaring over 50% since Donald Trump’s election victory on November 5. The cryptocurrency briefly topped $106,000 before settling around $105,000 during Asian trading hours. Many investors believe the incoming Trump administration will be more supportive of cryptocurrencies compared to the Biden era. Trump has hinted at creating a ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto