Abstract: In this piece we discuss the potential approval of Ethereum ETFs in the US. In particular we focus on the economics of staking and how the lack of a yield could diminish the attractiveness of non-staking Ethereum ETF products, to some extent. We also look at the challenges of implementing Staking Ethereum ETFs, in particular...Read More
According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of...Read More
WOOFi, a decentralized finance platform, experienced an exploit on March 5th that targeted its swap feature on the Arbitrum network. The event resulted in a loss of approximately $8.75 million in crypto assets. The platform said it has initiated efforts to recover these funds and has offered a 10% whitehat bounty to the exploiter. Additionally,...Read More
Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain...Read More
Making investments in the cryptocurrency market demands a sharp and insightful assessment skill. While established giants like BTC and ETH continue to hold the lead in the market, the true potential for surprising growth lies in the hidden gems of the cryptocurrency world. Our curated list of the 9 Best Crypto to Buy Now in...Read More
Crypto venture giant Digital Currency Group (DCG) has submitted a request to dismiss the lawsuit brought by New York Attorney General Letitia James against the company. According to the NYAG, Barry Silbert allegedly concealed losses at the company, thereby deceiving customers and investors. DCG’s founder and CEO, Barry Silbert, has also filed a motion to...Read More
Bitcoin went through a massive correction to under $60,000 after blasting past a new all-time high above $69,000 on Wednesday. Experts indicate that despite the volatility, there’s continued positivity in the market, hinting at potentially strong movements in the days ahead. Correction Brings Renewed Positivity CryptoQuant’s latest analysis, for one, suggests that the ongoing correction...Read More
Leading crypto price and data-tracking platform, CoinMarketCap, has announced the winners of the first-ever CMC Crypto Awards event hosted in 2024. According to a release seen by CryptoPotato, the award categories include Crypto of the Year, Bridge Builder of the Year, Memecoin of the Year, Social Influencer to Watch, Crypto Leader Of The Year, and...Read More
[PRESS RELEASE – London, United Kingdom, March 6th, 2024] Eledator, the first neuro-copy trading service, paid out record profits to investors for February 2024, with total investor profit reaching $7.61 million. Eledator’s team attributes this not only to the recent bull run in the cryptocurrency market, in which Bitcoin reached $69,000 per coin, but also...Read More
Bitcoin ETFs are receiving increased interest from investors as their preference shifts towards BTC over traditional investments such as gold, even though both assets have recently hit new all-time highs (ATHs). On Tuesday, Bitcoin skyrocketed above $69,000, momentarily establishing a new record before experiencing a notable pullback. Bitcoin Surpasses Gold in ETF Inflows Traditionally viewed...Read More
Bitcoin has surged to an all-time high, surpassing $69,000, a level not seen since November 10, 2021. The uptick is largely attributed to the significant influx of purchases from recently established spot bitcoin ETFs based in the United States. When these ETFs commenced operations on January 11, Bitcoin was trading at approximately $45,000, surging by...Read More
March 5 was not just the day that Bitcoin made an all-time high in USD; it was also the day that the new spot ETFs hit record trading volumes. The new ten Bitcoin ETFs did $10 billion in trading volume on Tuesday, smashing the previous record set on Feb. 28, reported Bloomberg ETF analyst Eric...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 5th, 2024] Sui is one of twelve networks that will be integrated at ZettaBlock’s Open Beta launch, giving builders seamless access to a powerful new source of Web3 data platform Sui, the lightning fast, infinitely horizontally scalable layer 1 blockchain that has quickly become a leading destination...Read More
Este artículo analiza patrones de velas alcistas y por qué es importante tener una buena comprensión de ellos para operar. Artículos anteriores publicados hasta la fecha cubren conceptos básicos de patrones de gráficos, una guía sobre patrones de continuación, los roles de los triángulos y un artículo sobre el trading de copas y hombros. Martillo...Read More
Open interest (OI) in Bitcoin futures and perpetual pairs on centralized exchanges (CEXs) have surged to a historic high following BTC unwavering rally to levels not seen since November 2021. According to Bitfinex’s latest weekly report, OI for Bitcoin futures and perpetual pairs reached $26 billion, surpassing the previous record of $24 billion set in...Read More
Una mirada más profunda a las velas japonesas: otro tipo de patrón de gráficos y cómo ayudan a los traders a identificar tendencias y precios. ¿Qué son las Velas Japonesas? Las velas japonesas son un tipo común de gráfico que ayuda a los traders a identificar precios relevantes de activos: los precios de apertura, máximo,...Read More
