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Tag Archives: BTC

Santander Private Bank Introduces Crypto Trading for Swiss Clients

Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major cryptocurrencies – Bitcoin (BTC) and Ether (ETH). It also plans to add further cryptocurrencies that meet its criteria. According to the...

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Crypto Payment Firm Strike Enables Bitcoin Purchases for Users Worldwide

Strike initially rolled out the BTC purchase feature for customers in the United States, allowing only users in the country to buy the crypto asset at no cost. Crypto payment company Strike has expanded its global services, allowing users in 36 countries, including El Salvador, Australia, and some African nations, to purchase Bitcoin (BTC) directly on the platform using their debit cards. In a recent announcement, the firm revealed plans to extend these services to over 65 countries in the...

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Bitcoin-Focused Project Taproot Wizards Raises $7.5M to Advance BTC Innovation

Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful raise shows increasing momentum and interest in expanding Bitcoin’s capabilities beyond being only a store of value. HOLD ON TO YOUR WIZARD...

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CoinShares Secures Buying Rights to Valkyrie’s Crypto ETFs

This acquisition will prepare CoinShares to position itself in the US markets ahead of the upcoming launch of spot Bitcoin ETFs. Europe-based crypto asset management firm CoinShares has obtained an exclusive option to acquire the ETF unit of Valkyrie Investments. This will help CoinShares strategically position itself in the US market amid expectations of the Securities and Exchange Commission approving a spot bitcoin ETF. The option, valid until March 31, offers CoinShares the...

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Bitcoin Sees 6% Rise and Heads to $38K as SOL and AVAX Record Double-Digit Spikes

Bitcoin and altcoins climbed over the last 24 hours, with a 6% rise in the king coin, and larger increases in altcoins. Bitcoin recorded a nearly 6% rise from yesterday, currently trading at nearly $37,600 as of this writing. The king coin’s jump is interesting, considering it fell below $35,000 on Tuesday. At some point during the day, Bitcoin hit $37,725.09. Altcoins Follow Bitcoin Rise Gaining Double Digits Bitcoin’s rise spread to altcoins, as ETH has jumped more than 4.%% to $2,065,...

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Bitcoin Price Drops to $35,000 but Analysts Continue to Be Optimistic

Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high. Over the last two days, the Bitcoin price has come under some selling pressure dropping another 3% in the last 24 hours and moving closer to $35,000. Bitcoin (BTC) encountered fluctuations on Tuesday following the release of the October Consumer Price Index (CPI) report by the United States Bureau of Labor Statistics (BLS). The...

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Bitcoin Price Analysis: BTC Dips To Key Uptrend Support

Bitcoin price started a downside correction from the $38,000 zone against the US Dollar. The price is now trading below $36,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $35,150 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $35,000 support zone. Bitcoin price is correcting lower below $36,000 against the US Dollar. BTC...

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Altcoins to Watch Out for as Bitcoin, Ethereum, Solana Cool Off after Impressive Rally

Bitcoin and some large-cap altcoins have experienced significant resistance in the past few days pushing crypto traders to small-cap and meme coins’ speculation. The crypto cash flow has been moving from Bitcoin (BTC) and large-cap altcoins like Ethereum (ETH), Solana (SOL), and Chainlink (LINK) to small-cap and meme coins as indicated by the traded volume. According to market data provided by Binance-backed Coinmarketcap, the daily average traded volume for meme coins was up...

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Cboe Digital Set Sight for Bitcoin and Ether Futures Trading in 2024

Cboe Digital’s planned launch of margin Bitcoin and Ethereum futures is set to complement its existing spot crypto market, which includes trading pairs for Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USDC Cboe Global Markets’ digital asset exchange recently revealed its ambitious plans to revolutionize crypto trading by launching margin futures on Bitcoin (BTC) and Ethereum (ETH) starting January 11, 2024.  Cboe Digital to Pioneer Crypto Futures Trading This move positions Cboe Digital...

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THORChain Now 3rd Largest DEX as Trading Volume Hits $1.32B

Erik Voorhees, a prominent Bitcoin advocate, highlighted THORChain’s significance by noting that it processed almost 2%, equivalent to $224 million, of the overall spot Bitcoin trading volume between November 11 and 12. In a recent development, THORChain has emerged as a powerhouse in the Decentralized Finance (DeFi) ecosystem, claiming the title of the third-largest Decentralized Exchange (DEX) by trading volume. Over the last week, THORChain recorded an impressive $1.32 billion in...

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