Cryptocurrency Analysis and News Portal
Crypto prices have been bullish in the past 24 hours, with Solana (SOL) and Cardano (ADA) faring as the strongest among the top 10 coins. Solana and Cardano are up 9.95% and 9.01%, respectively. Meanwhile, a new project, Bitcoin ETF Token (BTCETF), has raised over $850,000 in the ongoing presale. Alternative layer-1 narrative
Read More
CoinShares has announced an option to potentially acquire Valkyrie Funds, signaling a strategic move to extend its footprint in the U.S. cryptocurrency ETF landscape, pending regulatory approvals. CoinShares, a renowned name in cryptocurrency investments, has recently announced its plan to potentially acquire Valkyrie Funds, an investment advisory business specializing in crypto
Read More
The digital asset infrastructure provider plans to establish a presence in the United Arab Emirates (UAE) and the region’s housing sector as tokenization gains global steam. Taurus, a Swiss-based crypto company, announced a new office in the UAE geared towards tapping a growing narrative around tokenized real-world assets (RWAs) and an
Read More
Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023, according to the CEO of the Bitcoin ATM operator CoinFlip.Ferrari has been aware of the growing demand from clients for alternative payment solutions
Read More
Traditionally, options are used to mitigate risk, although some speculators use them like futures to amplify returns. Bulls typically buy puts to protect against a potential downside, while bears use call options to protect from a sudden upswing in prices. Efficient use of options is contingent on a thorough understanding
Read More
Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting. In a remarkable turn of events, the stock market rallied strongly on Tuesday, adding to their impressive November gains. The surge was fueled by
Read More
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market. Source
Read More
In a Nov. 14 post, the cryptocurrency on-chain data analysis firm Lookonchain reports whale activity amid Ethereum price surge. Notable sales have included a $154 million profit for one whale and a loss of $183 million for another. Whale movement on chain In the thread, Lookonchain points to the whale at address “0xee47,”
Read More
Major NFT collections see increased demand as sales and trading volume soar across several networks. As the crypto market rallied after a prolonged crypto winter, the non-fungible tokens (NFT) market also hints at a comeback — the trading volume of several major collections recording significant highs after months of steady decline. According
Read More
While the United States Federal Reserve decided to hold interest rates at its November meeting, they remain at their highest level since well before the global financial crisis (GFC) of 2008-09. The Federal Funds rate stands at 5.25-5.5%, similar to the United Kingdom’s 5.25%, while in the European Union it
Read More