May 28, 2024

HTX Surpasses Coinbase in Spot Trading Volume for the First Time: Data

In a shift within the cryptocurrency exchange landscape, HTX has surpassed Coinbase in spot trading volumes for the first time. This milestone was announced by Justin Sun, the founder of the TRON blockchain and a global advisor for HTX, via a post on the social media platform X on May 27. Sun Declares it’s ‘Just...
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This Stock Surged 38% After Copying MicroStrategy’s Bitcoin Plan

Bitcoin development company MicroStrategy has found another copycat willing to mimic its investment strategy of going all-in on BTC. Semler Scientific (SMLR), a little-known medical company trading on the NASDAQ, announced on Tuesday that it had adopted Bitcoin as its “primary treasury reserve asset” that will henceforth be bought using the company’s excess cash. Semler...
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This Is How the Crypto Market Reacted to Ether ETF Approvals: Bitfinex

Last week was memorable for the crypto community. Over four months after it approved similar products for Bitcoin, the United States Securities and Exchange Commission (SEC) gave a green signal to the first wave of spot Ethereum exchange-traded funds (ETFs). According to the latest Bitfinex Alpha report, the crypto market’s reaction to the event was...
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Ethereum Exchange Inflows Hit Highest Level Since January as ETH Price Slides Below $3.9K

Ethereum has been hovering near the $4,000 mark, driven by a major turnaround in the US Securities and Exchange Commission’s (SEC) decision to approve spot ETH ETFs. This development has fueled trader optimism about the leading altcoin’s price trajectory. However, increased inflows of ETH into cryptocurrency exchanges could spell trouble. ETH Inflows Signal Selling Trend...
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Unlock Steady Passive Income with Crypto Staking: The Ultimate Guide to CryptoHeap

Introduction to Staking Earning cryptocurrency has long been a trend, and staking is one of the most popular ways to generate passive income. CryptoHeap offers a unique opportunity to earn a steady income through staking while maintaining high liquidity. Let’s explore how it works and what benefits you can reap. What is Staking and How...
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Analyst Sets Bar High with Bitcoin (BTC) at $150,000, Ethereum (ETH) at $15,000 Predictions

Bitcoin and Ethereum have managed to pull crowds with stunning rallies this year. With the approval of their respective spot ETFs, the world’s largest cryptocurrencies are expected to attract billions. As such, popular analyst Lark Davis has made bold predictions for the top assets. Bold Predictions For Bitcoin and Ethereum In a recent tweet, Davis...
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Magpie Protocol API Gets First Integration in Mainline ALPHA

[PRESS RELEASE – Dubai, UAE, May 28th, 2024] Magpie Protocol announces its integration into the AI-powered auto-trading copilot, Mainline ALPHA, in what is the first integration of Magpie Protocol’s API. This integration will allow Mainline ALPHA users to leverage Magpie’s proprietary routing algorithm for fast, secure, and efficient cross-chain swaps. Mainline ALPHA is a platform...
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Robert Kiyosaki: Bonds Are the ‘Biggest Lie,’ Bitcoin Is the Future

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors. He even went on to warn that even highly rated AAA bonds...
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Here’s When Investors Can Expect Bitcoin’s Next Big Move: CryptoQuant

Bitcoin briefly surpassed the psychological barrier of $70,000 before sustaining a correction and falling close to $68,000. While a breakout does not appear to transpire in the near term, the data suggest that the bull market is still not over. In fact, bitcoin is potentially primed for more gains, according to the latest analysis by...
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ORACLE MEME Coin Presale Achieves $208,000 Milestone in Minutes

[PRESS RELEASE – Lisbon, Portugal, May 28th, 2024] ORACLE MEME Coin (OMEME) has made an impact in the cryptocurrency market, raising $208,000 within minutes of its presale launch. This rapid fundraising has positioned OMEME as a significant new entrant in the meme coin sector, attracting attention and participation from the community. Key Milestones and Developments...
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Spot Bitcoin ETFs Now Hold Over 1 Million BTC

As of May 24, all Bitcoin exchange-traded funds (ETFs) collectively hold 1,002,343 BTC, with a significant portion allocated to U.S. products among the 32 available ETFs. MicroStrategy’s executive chairman, Michael Saylor, emphasized this notable achievement in a recent post, noting that these 32 spot Bitcoin ETFs together now possess an amount equivalent to the holdings...
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Grayscale’s Spot Ether ETF Faces Potential $110 Million Daily Outflows: Kaiko

Grayscale’s upcoming spot Ether exchange-traded fund (ETF) could potentially see an average outflow of $110 million per day if it follows the trend set by the company’s Bitcoin Trust in its first month, according to a report by Kaiko. This projection follows the approval of spot Ether ETFs by the U.S. Securities and Exchange Commission...
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Now Live: Bracket Orders (TP/SL) to Maximise Your Profit and Stop Losses

Crypto derivatives trading is all about mastering how to maximise your gains while limiting your downside risk. To better support our traders with the tools to do just that, we’re excited to announce that Bracket orders are now live on BitMEX, for you to place Take Profit and Stop Loss orders at the same time. ...
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ICYMI: How to Lower Your Trading Fees on BitMEX 

We regularly review our fee structure with a focus on providing BMEX Token rewards and better incentives for Makers. We wanted to remind you, our users, of the three ways you can reduce your fees, one of which is by staking your BMEX Tokens.  For the full breakdown of our fee incentives, and what they...
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Bitcoin Price Slides 4% as Mt Gox Distributions Begin With Big BTC Move

On May 28, on-chain analysts observed that Mt. Gox distributions appeared to be underway. Around 42,900 BTC worth around $2.9 billion was being moved at the time though there could be as much as $6 billion worth. Analyst James Check said that the Mt. Gox event is going to be “a fantastic case study for...
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Term Structure Sets Stage for Mainnet Launch with New Updates and New Feature Integrations

[PRESS RELEASE – Hong Kong, Hong Kong, May 28th, 2024] Term Structure, a non-custodial fixed-income protocol that provides fixed rates, fixed terms, and peer-to-peer borrowing and lending on Ethereum, is excited to announce significant updates and upcoming features as it gears up for the upcoming Mainnet launch. These developments demonstrate Term Structure’s commitment to revolutionizing...
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Bitcoin (BTC) $ 98,546.40 0.12%
Ethereum (ETH) $ 3,360.58 0.56%
Tether (USDT) $ 1.00 0.04%
Solana (SOL) $ 258.31 0.35%
BNB (BNB) $ 668.40 6.24%
XRP (XRP) $ 1.55 11.55%
Dogecoin (DOGE) $ 0.462481 17.82%
Cardano (ADA) $ 1.10 27.29%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,359.12 0.30%