Markets

[PRESS RELEASE – VILNIUS, Lithuania, July 26th, 2024] In a significant move this July 2024, BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in the crypto trading world where...

It’s been an interesting week for the cryptocurrency industry. Although its total capitalization has remained largely unchanged, a lot has happened that deserves our attention, so let’s get into it. Right off the get-go, the United States Securities and Exchange Commission finally gave the last regulatory nod of approval for spot Ethereum ETF issues to launch their products. This was a highly-anticipated moment for many ETH investors, but the price took a nosedive following...

The most recent news in the crypto market is that Kamala Harris might be speaking at a Bitcoin conference soon. David Bailey revealed this information after saying he was negotiating with her team. With the potential endorsement of cryptocurrency becoming more likely, analysts have started naming altcoins that could see massive growth this summer. DTX Exchange (DTX), Toncoin (TON), Ethena (ENA), Sui (SUI), and Ondo (ONDO) were listed among the best options. While most are well-established...

The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorg’s recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw their values diminish by more than 99%. Celebrity Meme Tokens Are Struggling Currently, 22 out of the 30 recently launched celebrity meme...

Marathon Digital, the world’s largest Bitcoin mining company, has announced its latest purchase of $100 million worth of BTC, increasing its stash to more than 20,000 BTC. According to a press release, Marathon is changing its approach to its Bitcoin treasury policy and adopting a full HDOL strategy. This means that the miner will hold all BTC produced during its operations and will periodically make more open-market purchases going forward. Marathon Adopts BTC HODL Strategy...

Coinbase’s UK unit – CB Payments Limited (CBPL) – was fined $4.5 million by the UK financial regulatory agency, the Financial Conduct Authority (FCA), for repeatedly violating a requirement that barred the firm from providing services to high-risk customers. While CBPL itself does not handle crypto transactions for customers, it serves as a “gateway” for trading through other entities within the Coinbase Group. However, CBPL is not currently registered to conduct crypto...

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U.S. Senator J. D. Vance speaking with attendees at The People's Convention at Huntington Place in Detroit, Michigan. Foto CC 2.0 by Gage Skidmore, Wikipedia America goes Bitcoin; zumindest wenn das Zweierticket JD Vance und Donald Trump gewählt werden. Einerseits spricht Trump in diesen Tagen an der grossen Bitcoin-Konferenz in Nashville. Andererseits ist JD Vance selber mit einem ziemlich hohen Betrag in Bitcoin investiert. 100’000 – 250’000 US-Dollar sollen es sein. Das...

U.S. Senator J. D. Vance speaking with attendees at The People's Convention at Huntington Place in Detroit, Michigan. Foto CC 2.0 by Gage Skidmore, Wikipedia America goes Bitcoin; zumindest wenn das Zweierticket JD Vance und Donald Trump gewählt wird. Einerseits spricht Trump in diesen Tagen an der grossen Bitcoin-Konferenz in Nashville. Andererseits ist JD Vance selber mit einem ziemlich hohen Betrag in Bitcoin investiert. 100’000 – 250’000 US-Dollar sollen es sein. Das macht...

As ETH ETFs launched on July 23 with tremendous anticipation, many were anxious about its performance. However, they did great in the eyes of analysts and market observers, raking in about $107 million on their first day of trading. Bloomberg’s James Seyffart left an update on X, “First full day of flows for the ETHness stakes are in. The Ethereum ETFs took in $107 million.” BlackRock’s and Bitwise’s funds led the inflows. “@BlackRock’s $ETHA lead the way with $266.5 million followed by...