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Copying Crypto? New York Stock Exchange May Enable 24/7 Trading

The New York Stock Exchange (NYSE) has released a survey questioning market participants about round-the-clock stock trading, signaling potential interest in opening its trading venue beyond traditional market hours. The update would bring the stock exchange up to date with today’s major cryptocurrency exchanges, which operate at all hours including weekends. All Hours Stock Trading On NYSE According to the Financial Times, NYSE’s survey asked participants whether all-hours...

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Bitcoin Layer 2 Tokens Outperform BTC Post-Halving

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. Stacks (STX) Takes Center Stage According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million. Stacks...

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Over $500M Ethereum (ETH) Left CEXs as Market Prepares for Impulsive Move: Data

Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or...

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BEFE Coin’s Investment Value: Seizing the Moment for Financial Gain

If you ask everyone one or two questions, they’ll tell you about their willingness to amass much wealth to cement their financial status. Now, what means are most of them not looking to achieve their aim? The answer is simple: crypto. As this exists, there are several meme coins in the market today. However, most of them aren’t investment-worthy because of their dip in value. Meme coins are tokens that mostly survive on the buzz of hype, and in periods where...

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Bitcoin Halving Countdown: The Survival and Preparedness of Bitcoin Mining Industry

At the time of writing, there are less than 300 blocks left until the fourth Bitcoin halving. With blocks being generated on average every 10 minutes, we have less than two days before we witness this historic moment. As one of the most important narratives within the cryptocurrency industry, the Bitcoin halving is seen as a key catalyst for propelling the market into a new bull run, and it also signifies an impending major shift in the Bitcoin mining landscape....

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Stellar Lumen (XLM) Price Could Gain Momentum If It Clears $0.12

Stellar lumen price is attempting a fresh increase from the $0.1020 zone against the US Dollar. XLM price is now trading above $0.1100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.1140 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.120 resistance zone. Stellar lumen price is trading in a positive zone above $0.1100 against the...

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XRP Price Analysis: Bullish Signs Emerge Above $0.48

XRP price is attempting a fresh increase from the $0.40 support against the US dollar. The price is now trading above $0.480 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.5450 resistance. XRP price is consolidating above $0.50 against the US Dollar, like Bitcoin. It must...

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