FTX’s Massive Liquidation and Its Potential Impact: 1. Scale and Rationale: FTX’s decision to undergo a massive liquidation process of up to $200M weekly is a significant event in the crypto sphere. This move, following a depreciation of their holdings from $3.4B in April, is indicative of potential strategic adjustments, risk mitigation, or a […]
FTX’s Liquidation Presents Short Position Opportunities Read More »
Situation: Despite no approval for spot Bitcoin ETFs in the U.S, there is yet increasing sentiment that they might pose a significant threat to the futures-based funds introduced earlier. Potential New Entrants: BlackRock Inc. and Grayscale Investments are leading the charge, waiting for regulatory approval to launch the U.S.’s first ETFs linked to Bitcoin’s spot
BlackRock & Greyscale BTC ETFs to Dwarf Existing Schemes Read More »
Bitgamo, a Luxembourg-based crypto to fiat exchange platform, announced its plan to launch 75 crypto ATMs across Europe in 2024. The company has seen remarkable growth recently, distinguishing itself as the only no-KYC crypto to fiat exchange offering significantly higher exchange rates for Bitcoin, Litecoin, and Ethereum compared to its competitors. These ATMs, which are
Bitgamo – No KYC Crypto European ATM Expansion Plans Read More »
The intersection of estate planning and cryptocurrency presents unique challenges and opportunities. Because cryptocurrency operates on decentralized systems and relies heavily on security features like passwords and private keys, estate planning for crypto assets requires careful thought and meticulous implementation. Here’s a breakdown of the five tips outlined in the article: 1. Know where the
Cryptocurrency – Post Mortem Read More »
The auction of Keith Haring’s previously unseen computer drawings as NFTs (Non-Fungible Tokens) is an intriguing convergence of traditional art, digital media, and contemporary investment trends. This event not only serves as a testament to Haring’s pioneering spirit but also offers several layers of interpretation and discussion. Technological Evolution and Art Keith Haring, like his
Keith Haring – Unseen, Digital Amiga Works Hit the Blockchain Read More »
The decision by Google to update its cryptocurrency advertising policy to allow for certain types of blockchain-based nonfungible token (NFT) gaming advertisements is a notable development. It reflects several broader trends and concerns: Evolution of Google’s Stance Initially, Google had a very cautious approach to cryptocurrency-related advertising, banning it entirely. This was followed by a
Google to Allow NFT Gaming Ads Read More »
In a pivotal development that further validates the growing strength of Bitcoin’s Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has officially announced its transition from Ethereum to Bitcoin for hosting its extensive digital art collection. The monumental shift entailed a cost of over $1 million in Bitcoin transaction fees, primarily because the older Ethereum-based NFTs
OnChainMonkey Collection Moves Fully OnChain with BTC Ordinals Read More »
Toncoin led gainers in the top 10 cryptos after it saw stronger investor interest, since the launch of its new programming language, Tact. Bitcoin and Ether inched down in afternoon trading, as Ark Invest’s spot Ether exchange-traded fund (ETF) application failed to lift market sentiment. Toncoin was the day’s biggest gainer in the top 10
Toncoin Leads Gainers in the Top 10 Cryptos Read More »
Bitcoin (BTC) $ 113,779.00 0.84%
Ethereum (ETH) $ 4,308.14 4.46%
XRP (XRP) $ 2.93 1.35%
Tether (USDT) $ 1.00 0.01%
BNB (BNB) $ 863.70 4.58%
Solana (SOL) $ 184.32 4.65%
USDC (USDC) $ 0.999857 0%
Lido Staked Ether (STETH) $ 4,297.91 4.49%
TRON (TRX) $ 0.351509 1.15%
Dogecoin (DOGE) $ 0.218297 3.51%
