Top Stories This Week CME overtakes Binance to grab largest share of Bitcoin futures open interest Bitcoin’s futures market is showing an interesting shift as global derivatives marketplace the Chicago Mercantile Exchange (CME) has surpassed Binance in terms of Bitcoin futures open interest. This change occurred after Bitcoin exceeded the $37,000 mark for the first …
Monthly archives: November 2023
THORChain (RUNE) Notches 31.5% Gain To Attain New Yearly Peak
RUNE, native token of the cross-chain decentralized exchange THORChain, is currently one of the best-performing cryptocurrencies in the market, boasting of a 31.5 % price increase in the last 24 hours. Based on data from Coingecko, this price gain only underlines the remarkable bullish form of RUNE in the past few weeks, as the token …
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The Big Question: Will Bitcoin Hit $100,000 By 2024? Spotlight On Potential Drivers
In addition to the widespread attention and media coverage, there exist many elements and forces that have the potential to significantly influence the trajectory of Bitcoin. In the face of the dynamic landscape of cryptocurrencies, as the year 2023 draws to a close, there exists a climate of conjecture, optimism, and tangible eagerness. Bitcoin, the …
Crypto Analyst Confirms Dogecoin Price Breakout – Here’s The Target
Dogecoin supporters are celebrating a 35% increase in the last month. While this is good news, other altcoins like Solana, Chainlink, and Cardano (ADA) have outperformed, with gains of 170%, 118%, and 55%, respectively, in the same timeframe. According to one crypto analyst, DOGE’s rally isn’t over, as recent price action suggests the crypto is …
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Avalanche Shines With A 31% Rally – Can AVAX Bulls Maintain Push To $22?
Avalanche (AVAX) has had a relatively quiet second half of 2023 regarding price performance and ecosystem advancements. However, the token experienced a mesmerized turnaround towards the end of October, which has seen its value rise almost vertically in the past few weeks. Avalanche’s positive run coincides with an optimistic climate in the general crypto market, …
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Boom! Cronos Unleashes 57% Weekend Explosion, Beating All In The Top 100 Crypto Ranking
Cronos has experienced a robust and sustained bullish trajectory over the recent weeks. Over the course of the past seven days, it has consistently surged, reaching a solid pinnacle, a level not witnessed in months. At the time of writing, Cronos (CRO) showcased its impressive strength, outperforming some of the most prominent names in the …
Number of Bitcoin millionaire wallets triples in 2023
Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin. News Join us on social networks The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from …
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Former FTX general counsel to launch new crypto exchange
Former FTX general counsel Can Sun, who played a pivotal role as a key witness in the trial against Sam Bankman-Fried (SBF), is joining forces with other ex-FTX executives to establish a new cryptocurrency exchange, the Wall Street Journal reported. The Dubai-based start-up, known as Trek Labs, recently obtained a license from the Emirate’s crypto …
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Bitcoin Showing Bearish Signal As Miners Unload $175,000,000 in BTC: Crypto Strategist
A closely followed crypto analyst is issuing a warning, saying Bitcoin (BTC) just flashed a signal suggesting that a sell-off event may be imminent. Crypto strategist Ali Martinez warns that Bitcoin’s Tom Demark (TD) Sequential indicator is pointing to a possible corrective move. The TD Sequential indicator traces a series of price points to signal …
Binance CEO Says Executives From a Client Were Lured Into Massive $12,500,000 Crypto Robbery Setup
The CEO of the world’s largest crypto exchange says that executives from one of its clients recently fell victim to a multi-million-dollar heist. In a post on social media platform X, Binance CEO Changpeng Zhao says the executives were lured into traveling to Montenegro for a purported business trip but were instead kidnapped and forced …
VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K
Large and small-cap altcoins are flashing bullish signs as Bitcoin price holds above $37,000. Price Analysis Join us on social networks Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention …
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Investment Titan BlackRock Questions SEC, Argues Spot Bitcoin and Ethereum ETFs Not Different From Futures ETFs
The biggest asset management firm in the world is challenging the U.S. Securities and Exchange Commission (SEC), contending that spot market Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) are no different than futures ETFs. In a new filing, investment titan BlackRock – which has over $8 trillion in assets under management – says that …
Why Bitcoin holds the upper hand against CBDCs
When FTX crashed in November 2022, it triggered a multi-billion dollar exodus spree, bringing Bitcoin down 22% in a single day. By the end of the month, the European Central Bank (ECB) fired an unusual shot across the crypto bow. As Bitcoin’s price stabilized, the central bank suggested this is Bitcoin’s “last gasp before the …
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Former Goldman Sachs Executive Says Ethereum Is About To Outperform Bitcoin As Crypto Enters Late Spring
Macro guru Raoul Pal says that the top smart contract platform Ethereum (ETH) is set to outperform Bitcoin (BTC) as the crypto markets enter into a new “spring” phase. The former Goldman Sachs executive tells his one million followers on the social media platform X that based on the Tom Demark Sequential indicator, ETH is …
Bitcoin Could Follow Facebook’s 2012 IPO, According to Macro Strategist Jim Bianco – Here’s What He Means
Macro strategist Jim Bianco says the approval of a spot-market Bitcoin (BTC) exchange-traded fund (ETF) may end up being a sell-the-news event. In a new interview on Real Vision, Bianco looks back on the initial public offering (IPO) of Facebook, one of the most highly anticipated IPOs in recent history. The investor notes that shares …