Tag: COIN:SOLUSD
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Crypto: Spain Suspends WLD; Binance Halts Withdrawals in SOL and Faces Crisis in the US, and More News
Bitcoin partially recovers on Wednesday after market volatility Bitcoin (COIN:BTCUSD) reached a new all-time high by briefly surpassing $69,000 on Coinbase, repeating the feat of November 10, 2021. However, the excitement was short-lived, with a subsequent correction to $60,800 and over $1 billion liquidated due to market volatility. Nevertheless, Bitcoin showed resilience, bouncing back to…
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Uniswap Skyrockets 55% with Incentive Proposal, Avalanche Confronts 4-Hour Shutdown, and More
Expiration of $3.6 billion in Bitcoin options could influence the market Today, around $3.6 billion worth of Bitcoin options contracts are set to expire on major derivatives exchanges, raising questions about possible impacts on the cryptocurrency’s value. The majority of these options reside on Deribit and CME, indicating significant speculation or hedging strategies against Bitcoin…
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Crypto: Chainlink and Telefonica Forge Alliance, Klaytn-Finschia Merger, and Latest Updates
Optimism in the Bitcoin market revealed by call options The bitcoin market shows remarkable optimism, as evidenced by the recent wave of purchases of call options with exercise prices exceeding the $60,000 mark, extending from April to December of this year. A report from QCP Capital highlights an impressive allocation of nearly $10 million in…
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Crypto: Citi Tokenizes Blockchain Funds, Robinhood’s Crypto Revenue Surges by 10%, and Latest Updates
Bitcoin recovery boosts crypto stocks in the US A recent surge of Bitcoin (COIN:BTCUSD) above $51,000 has boosted the shares of crypto companies in the US, with Coinbase (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR) among the beneficiaries. The increase propelled BTC to a market capitalization of $1 trillion, aligning it with giants like Meta (NASDAQ:META) and Amazon…
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Bitcoin Surges Past $45K, Coinbase Spotlights $74 Billion Blockchain Savings, and Latest Crypto News
Bitcoin surpasses $45,000 on Thursday In the last 24 hours, Bitcoin (COIN:BTCUSD) has crossed the $45,000 mark, coinciding with the historical peak of US stock market indices. Fernando Pereira, an analyst at Bitget, shared his view on Bitcoin’s immediate future, highlighting two potential paths: “I see 2 possibilities for the short term in BTC. Failing…
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Crypto: Robinhood and MetaMask Join Forces, XMR and MULTI Plummet on Tuesday, and More
Innovative partnership between Robinhood and MetaMask makes crypto buying easier The partnership between Robinhood (NASDAQ:HOOD) and MetaMask brings an exciting development to the cryptocurrency market in the United States: the integration of Robinhood Connect with MetaMask’s Buy Crypto aggregator. This collaboration aims to simplify the cryptocurrency purchasing experience for Robinhood users, combining the cost efficiency…
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Crypto: Abracadabra Finance Assets Affected by Hack, Invesco and Galaxy Reduce Fees, and More
Jump in Solana’s transaction volume in January The Solana blockchain witnessed a significant increase in transaction volume in January, reaching $951.9 billion, a 30% growth compared to December’s volume. This surge marks a significant recovery in network activity, surpassing the levels of 2022 and 2023 by a wide margin. Contributing to this wave, the value…
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Crypto: Avalanche Memecoin Criteria, OKB’s Rapid Decline and Recovery, and More
Bitcoin falls below $40,000 On Monday, the cryptocurrency market experienced a significant setback, with Bitcoin (COIN:BTCUSD) dropping notably below the $40,000 mark, marking its lowest value of the year. By Tuesday, Bitcoin had stabilized, trading at $39,482. Meanwhile, Ethereum (COIN:ETHUSD) continued its downward trend, priced at $2,220, a decrease of 3.93% from the previous day.…
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Crypto: Terraform Labs Files for Bankruptcy, MetaMask and Consensys Stake Introduce ETH Staking, and More
Crypto market volatility causes $138 million liquidation in 24 hours The crypto market starts the week with significant losses, highlighted by the sharp falls of Solana (COIN:SOLUSD), Ripple (COIN:XRPUSD), and Cardano (COIN:ADAUSD). Bitcoin (COIN:BTCUSD), having lost the crucial support level of $41,000, affected other cryptocurrencies, resulting in over $138 million in liquidations, mainly of long…
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Crypto: BTC Maintains Stability Above $46,500, HNT Surges, BitPay Expands Crypto Support, and More
Wait for the approval of Bitcoin ETFs in the US accelerates BlackRock (NYSE:BLK), VanEck, Invesco, Galaxy, ARK 21Shares, Grayscale, and other potential issuers are among the 13 waiting for approval to launch Bitcoin exchange-traded funds (ETFs) in the US. They updated their documents on Tuesday, responding to the SEC’s comments received in the last 24…