Tag: COIN:ETHUSD
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Crypto This Monday: Cryptos In Decline, Binance Launches Copy Trading in Futures, and More
Cryptocurrencies fall with risk aversion but hold key positions On Monday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies experienced declines due to risk aversion in global markets. Bitcoin dropped more than 1% in the last 24 hours, reaching around $27,632 after hitting $28,000 over the weekend. Despite the decline, Bitcoin remains above the $26,000 range and is…
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Crypto This Thursday: TVL on Solana Rises 40%, Marathon Digital Increases Monthly Production, and More
Shocking revelations in the Sam Bankman-Fried trial, and threat of confiscation of luxury jets In the trial of former CEO of defunct cryptocurrency exchange FTX, Sam Bankman-Fried, the prosecution plans to call two of the defendant’s close associates to testify. Among the witnesses are Adam Yedidia, a close friend of SBF and former employee of FTX…
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Crypto This Wednesday: Ripple Obtains License in Singapore, El Salvador Begins Local BTC Mining, and More
Jury selected for Sam Bankman-Fried criminal case Twelve jurors have been selected for Sam Bankman-Fried’s criminal case, including a medical assistant, a librarian and a nurse. Data analysts at Nansen revealed details about the close relationship between FTX and Alameda Research, both founded by Bankman-Fried, with suspicious transfers of FTT tokens (COIN:FTTUSD) and the companies’ great…
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Crypto This Tuesday: SBF Trial Begins, Web3 Investments Fall for the 7th Quarter, and More
Bitcoin and cryptocurrencies fall due to rising bond yields, disappointment with ETF launch The price of Bitcoin (COIN:BTCUSD) and other cryptocurrencies has declined in response to a rise in Treasury bond yields and the dismal performance of a new Ethereum ETF. Bitcoin fell below $27,600 after reaching $28,500 the previous day. Rising bond yields tend to reduce…
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Crypto This Friday: ChatGPT May Boost Crypto Potential, 3AC Co-founder Detained, and More
AI Innovation: ChatGPT Raises Potential in Crypto Industry with Significant Updates Sam Altman, founder of OpenAI, unveiled enhancements in ChatGPT, promising to transform the cryptography sector. The model, known for cryptocurrency price predictions, can now access web information in real-time, overcoming its previous data limitations up to September 2021. This allows for more accurate insights…
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Crypto this Thursday: Coinbase Obtains License in Bermuda, Tottenham Launches Fan Token, and more
VanEck prepares to launch Ethereum futures ETF Asset manager VanEck, with a $77.8 billion portfolio, plans to launch the VanEck Ethereum Strategy ETF (EFUT), focused on Ethereum futures, amid growing demand for Ethereum-based funds (COIN:ETHUSD). EFUT will invest in ETH futures contracts, settled in cash and traded on exchanges registered with the CFTC, and will be…
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Crypto this Monday: HTX and Mixin Network Hacked, Upbit Stops APT Transactions, and More
Bitcoin faces decline and strong dollar Bitcoin (COIN:BTCUSD) opened at $26,000 on September 24, with a significant weekly drop severely impacting its price trajectory. Analysis shows uncertainty in BTC price after briefly breaking $26,000 support. Analysts such as BaroVirtual and Rekt Capital indicate a possible Bitcoin decline to the $22,000 to $20,000 range if resistance is not…
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Crypto this Friday: Google Cloud Expands Blockchain Support, Bybit Ceases Operations in the UK, and More
Bybit suspends UK services under new FCA rules Cryptocurrency broker Bybit, located in Dubai, has decided to stop its services to UK residents. This decision comes as a proactive response to the imminent regulations set by the UK Financial Conduct Authority (FCA). Starting October 1st, new accounts will no longer be accepted, and changes to contracts and…
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Crypto This Thursday: Mt. Gox Delay Shakes Crypto Market, Venmo Implements PYUSD, and More
Delay in Mt. Gox settlement impacts crypto market Bitcoin (COIN:BTCUSD), Ethereum (COIN:ETHUSD), and other altcoins such as BNB (COIN:BNBUSD), XRP (COIN:XRPUSD) faced declines, following the decision of bankrupt cryptocurrency exchange Mt. Gox to extend the deadline for their payments until October 31, 2024. Some investors anticipated that this movement could reverberate through the market, with…
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Crypto This Monday: Ant Group Abandons Crypto Fund, Blockchain Capital Raises US$580 Million, and More
Ant Group withdraws from crypto fund after controversies Chinese fintech giant Ant Group is parting ways with crypto fund A&T Capital, which had a value of $100 million and focused on international crypto projects. A&T Capital, founded with the support of Ant Group in 2021, had already invested in renowned startups in the sector. Ant Group’s move…