Bitcoin & Crypto Trading

2024-03-29 16:49:59 Crypto Updates

• BlackRock’s ETF Outlook: BlackRock CEO Larry Fink believes a spot ether ETF is possible even if the SEC designates crypto as a security. Eight issuers, including BlackRock, have filed for an ETH ETF. The SEC’s decision is expected in May.
• Cyber Threat in Gaming: Cybercriminals are targeting Call of Duty gamers with malware to steal Bitcoin. Thousands have been infected, with the total stolen amount unknown.


Latest Prices

• Bitcoin (BTC): $70,567.63 (-0.48%)
• Ethereum (ETH): $3,556.35 (-0.79%)
• S&P 500: $5,254.35 (+5.86%)
• Gold: $2,232.90 (+1.91%)

Market Insights

• Dogecoin’s Surge: Dogecoin hit its highest price since December 2021, fueled by rumors it might be used for payments on Elon Musk’s platform X. Other meme coins also saw gains, while the broader market remained stable.

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2024-03-29 13:46:22 Crypto Market Watch :

• Bitcoin (BTC): $69,940.13, down 0.71%
• Ethereum (ETH): $3,540.01, down 1.06%
• Binance Coin (BNB): $612.50, up 4.53%
• Solana (SOL): $184.96, down 0.52%
• XRP: $0.61956194, up 0.12%
• Dogecoin (DOGE): $0.21452024, up 1.45%
• Cardano (ADA): $0.64429224, down 0.80%

Keep an eye out for the swings!

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2024-03-29 12:44:31 • Meme Coin Surge: Solana-based meme coin Dogwifhat (WIF) surged, becoming the third-largest meme coin by market capitalization.
• Record Bets on DOGE: Futures tracking Dogecoin (DOGE) reached a record $2 billion, indicating high expectations for future price volatility.
• Market Overview: Bitcoin (BTC) traded around $70,000 with little change, while other major cryptocurrencies like Ether (ETH), Solana (SOL), and Cardano (ADA) saw minor fluctuations.
• Meme Coin Category Growth: The meme coin category overall surged 8%, outperforming other niches like decentralized finance (DeFi) and exchange tokens.
• Dog-Themed Tokens: Alongside WIF, other dog-themed tokens like Floki (FLOKI) also saw increases, riding on the popularity of Dogecoin.
• Potential Pullback Warning: Some trading firms warned of a possible pullback in recent gains, citing signs of exhaustion in the price action of Bitcoin and Ether.

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2024-03-29 07:00:11 CryptoNews Round-Up :

• Kerrisdale Capital Short-Sells MicroStrategy: Kerrisdale Capital is short-selling MicroStrategy stock, labeling it “overpriced” due to its high premium to Bitcoin holdings.
• Decentralized AI Merger: Fetch.ai, SingularityNET, and Ocean Protocol have agreed to a merger deal to advance decentralized artificial intelligence, with a rebranding of Fetch.ai’s token to ASI.
• Ethena’s Stablecoin Project: Ethena plans to launch a governance token via an airdrop, aiming to enhance its stablecoin ecosystem.
• BlackRock’s Tokenized Fund Success: BlackRock’s first tokenized asset fund, BUIDL, has attracted $245 million in deposits in its first week, marking a significant step in asset tokenization.
• Ethereum Gas Fees Spike: Gas fees for Ethereum “blobs” saw a significant increase following the release of “blobscriptions,” a new minting method for inscriptions, although fees have since stabilized.
• Bitcoin Cash Futures Interest: Ahead of the network’s April 4 halving event, open interest in Bitcoin Cash-tracked futures has surged, indicating growing trader anticipation.
• Short Squeeze on MicroStrategy and Coinbase Stocks: Kerrisdale Capital’s short-selling of MicroStrategy stock and S3 Partners’ report on bearish bets on crypto companies have sparked discussions of a potential short squeeze in the sector.
• SBF’s Sentence: Sam Bankman-Fried has been sentenced to 25 years in prison, with the crypto community reflecting on the implications for the industry and the concept of reform and remorse in the justice system.

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2024-03-29 06:54:32 BTC $70,458.04 • ETH $3,561.25 • FGI 79 (Extreme Greed) - Today’s Update (29/03/2024)

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2024-03-26 15:18:22 Crypto Highlights:

• London Stock Exchange: Launching a marketplace for Bitcoin (BTC) and Ether (ETH) exchange-traded notes (ETNs) on May 28.
• Bitcoin Spot ETFs: Accumulated over $15 million on Monday, ending a five-day outflow streak.
• Ripple Labs Fine: The SEC has requested a New York judge to impose a fine of $1.95 billion on Ripple Labs.

Latest Prices:

• Bitcoin (BTC): $70,690 (+5.8%)
• Ethereum (ETH): $3,634 (+5.7%)
• S&P 500: 5,218.19 (-0.3%)
• Gold: $2,196 (+1.0%)
• Nikkei 225: $2,196 (+1.0%)

Market Insight: Bitcoin remains steady at $70K, with strong upside momentum following the approval of bitcoin and ether ETNs by the London Stock Exchange. Major banks report high demand for bitcoin spot ETFs from clients.

Chart of the Day: Active bitcoin options contracts show increased open interest in call options at $90,000 and $105,000 strikes, indicating expectations for a continued price rally into six figures.

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2024-03-25 20:04:22 Crypto Update

• BTC: $70,192 7.62%
• ETH: $3,618 7.34%
• BNB: $596 6.58%
• SOL: $193.46 10.72%
• XRP: $0.6515 3.59%
• DOGE: $0.1819 6.22%
• ADA: $0.6642 5.4%
• TON: $5.51 13.1%

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2024-03-23 16:11:29 Crypto Market Watch :

• BTC (Bitcoin): $64,595.25, up 0.51%
• ETH (Ethereum): $3,364.97, down 1.28%
• BNB (Binance Coin): $562.39, up 0.45%
• SOL (Solana): $176.55, up 2.15%
• XRP: $0.6209, up 0.48%
• DOGE (Dogecoin): $0.1656, up 8.01%
• ADA (Cardano): $0.6311, up 2.19%

Stay updated with the latest market trends!

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2024-03-23 10:51:38 Your Saturday crypto news round-up :

• Do Kwon’s Extradition Halted: Terra co-founder Do Kwon’s extradition to South Korea is on hold due to legal challenges in Montenegro
• OKX Leaves India: Crypto exchange OKX is exiting India due to regulatory challenges, with clients advised to close positions by the end of April
• Frax Finance’s Roadmap: Released a “singularity roadmap” aiming to grow its layer 2 blockchain, Fraxtal, to $100 billion in total value locked by 2026
• FTX’s Stake in Anthropic: Bankers are lining up buyers for FTX’s 8% stake in AI startup Anthropic, valued at $1 billion, to repay investors
• Cathie Wood on Bitcoin: Ark Invest CEO Cathie Wood calls Bitcoin a “financial super highway” and reiterates a $1.5M price target, highlighting its importance in emerging markets
• SEC’s Gensler on Crypto: SEC Chairman Gary Gensler emphasizes the need for crypto firms to register and provide disclosures, stating that the crypto markets could use some “disinfectant”

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2024-03-23 09:27:57 • Bitcoin Price Drops: Bitcoin fell below $63,000 amid a broader crypto sell-off, with the price rebounding modestly to $64,000 but still down 3.7% over 24 hours
• Market Volatility: The sell-off affected the broader market, with the CoinDesk 20 Index down 4.4%, led by layer-1 network Solana’s token (SOL) declining more than 10% at one point
• ETF Outflows: U.S.-listed spot Bitcoin ETFs faced net negative flows for the first week since late January, primarily due to large outflows from Grayscale Bitcoin Trust (GBTC)
• Recovery Predictions: Galaxy CEO Mike Novogratz said it will take some time for Bitcoin to recover to $73,000, as the market entered a corrective period after reaching an all-time high over $73,000
• Future Outlook: Coinbase analysts suggest ETF inflows may return once GBTC selling is completed, citing favorable macro conditions and central bank policy. They expect the current US disinflationary trend to remain intact, with financial conditions in the US continuing to ease

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