Markets

Bitcoin appears to be struggling to position itself above $60,000. The world’s largest crypto asset by market cap is yet to recover from the fall earlier this week. As a result, its weekly losses compared to the surge last Friday stand at about 10%. However, its reserves on exchanges hitting new lows for the year paints a bullish picture. Bitcoin’s Dwindling Exchange Reserves As per CryptoQuant’s observation, bitcoin’s decrease in reserves suggests reduced selling pressure,...

TL;DR Floki Inu (FLOKI) saw a sharp decline of nearly 20%, losing its place among the top 5 meme coins. Despite the drop, some analysts remain optimistic, predicting a possible rally if the token’s price surpasses an important resistance level. FLOKI Bleeds Heavily The price of the popular meme coin Floki Inu (FLOKI) is down almost 20% on a daily scale, currently trading at around $0.0001272. FLOKI Price, Source: CoinGeckoFLOKI’s market capitalization plunged to $1.23...

Polygon (MATIC) has been experiencing a decline in network activity since the broader crypto market retrace began in March. However, recent data shared by the crypto analytic platform Santiment indicates a potential shift in this trend. Bullish Reversal for Polygon (MATIC)? Polygon’s native token, MATIC, has lost over 17% of its value in the past month alone as it traded mostly below $0.52. Subsequent declines dragged the asset to the press time price of $0.43, but this could...

Nasdaq is seeking regulatory approval to introduce and trade options on a new Bitcoin index, the exchange operator announced on Tuesday. The US Securities and Exchange Commission (SEC) has not yet approved options for any of the spot Bitcoin exchange-traded funds (ETFs) that have started this year, including Nasdaq’s request for options on BlackRock’s iShares Bitcoin Trust ETF which is worth $21.3 billion. Matt Hougan Advocates for Bitcoin Options to Boost Market Efficiency The Bitcoin index...

[PRESS RELEASE – Gibraltar, Gibraltar, August 29th, 2024] ReformDAO, a decentralized market maker pioneering the path towards more accessible, transparent, and equitable market-making practices, has announced the listing of its native token, $RFRM, on leading cryptocurrency exchanges Gate.io, Mexc.com and Bitget.com. Signaling a major milestone in ReformDAO’s journey to reshape the market-making landscape in the cryptocurrency industry. This strategic move follows the...

Entretien avec le docteur Théo Pantamis de LN Markets. « Comment sécuriser ses bitcoins ? Théo Pantamis y répond dans cette vidéo et vous propose un inventaire complet des solutions de sécurisation selon vos besoins. Hardware wallet, passphrase, multisig, Shamir Secret Sharing, Timelocks… plus aucun concept n’aura de secret pour vous »

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The realized capitalization of Bitcoin long-term holders (LTH) surpassed $10 billion this week for the first time ever. This highlighted the growing confidence among investors who hold the asset for extended periods, typically more than 155 days. The LTH metric is particularly crucial because it reflects the conviction of these holders in Bitcoin’s long-term potential, as they are less likely to sell during short-term market fluctuations. $10 Billion Milestone The latest...

[PRESS RELEASE – New York, New York, August 28th, 2024] DTX Exchange (DTX) has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem. Analysis of DTX Exchange’s Unified Platform DTX Exchange (DTX) was envisioned as a cutting-edge...