Last week saw $308 million in inflows into digital asset investment products, although this was overshadowed by a major outflow of $576 million on December 19th. The last two days of the week saw total outflows of $1 billion. The recent price declines led to a $17.7 billion drop in the total assets under management...Read More
In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push for something like that? “Yeah, I think so,” Trump answered. But the rest of his answer really showed an understanding of...Read More
Coinbase International saw a total trading volume of over $119 billion this past week, averaging nearly $20 billion per day. Remarkably, the weekly total is 124% higher than the previous week’s total, while this past week’s daily average is 164% higher than the previous week’s daily average. The rise of Coinbase International comes after several...Read More
Corporate Bitcoin investor MicroStrategy has announced a Special Meeting of Shareholders to address proposals that aim to advance its Bitcoin-focused 21/21 Plan while simultaneously streamlining capital-raising efforts. In a letter from the Executive Chairman, the company outlined three major agenda items to be decided during the meeting, which will be conducted virtually. MicroStrategy’s New Proposals...Read More
The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended. According to a report...Read More
Litecoin has had an impressive rally this year, surging by almost 50%. The latest market crash, however, briefly dragged the altcoin below $87. The selling pressure has since subsided as Litecoin currently trades above $107. Underpinning its price trajectory is the strong network growth. Litecoin Network Engagement Soars Litecoin’s network activity has witnessed a notable...Read More
In the fast-moving world of cryptocurrencies, price volatility remains a significant concern for investors. Fortunately, stablecoins, digital assets pegged to stable assets like fiat currencies like the United States dollar (USD), have emerged as a solution, offering traders stability in a market with price swings. Among the most popular stablecoins is Tether USD (USDT), a...Read More
Despite the Federal Reserve’s recent rate cut by another quarter percentage on Wednesday, Bitcoin’s price plummeted. The asset tumbled by up to 15% at one point. Meanwhile, this all-important vital sign for the health of the Web3 blockchain economy remains down 3.5% for the 30 days ending Dec. 24. But it wasn’t just Bitcoin and...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, December 24th, 2024] Veles, a leader in algorithmic trading solutions, has introduced a sophisticated backtesting toolset tailored for cryptocurrency traders. These tools empower users to evaluate and refine strategies by leveraging advanced technology to uncover market inefficiencies and enhance trading outcomes. Custom Strategy Configuration: For parameters to match...Read More
On 27 December 2024 at 04:00:05 UTC, BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index pages for the actual Index...Read More
On 27 December 2024 at 12:00:00 UTC, we will update our index weights at BitMEX. From today, the hypothetical values of indices with their new weights will be published as the “NEXT” index family (e.g. .BXBT_NEXT). As of 27 December 2024 at 12:00:00 UTC, assuming no constituent exchanges have been excluded – and due to...Read More
On Dec. 23, Chainlink announced a novel oracle solution designed to enable DeFi applications to “recapture non-toxic Maximal Extractable Value (MEV)” called Smart Value Recapture (SVR). Currently, when DeFi protocols use price oracles, such as during liquidations, value is captured by third parties, including searchers and validators. None of this value returns to the protocols...Read More
Institutional investors are getting cold feet as the crypto market correction deepens with spot Bitcoin ETFs in the US reversing a fifteen consecutive trading day trend of inflows. For the past three trading days, the eleven spot Bitcoin ETFs have shed $1.17 billion as the asset fell more than 14% from its all-time high a...Read More
The world of cryptocurrency is buzzing with new opportunities, and 2025 is poised to be the year of meme coins with massive gains in crypto.If you’re looking to invest in the best crypto to buy now, this list of the top 10 memecoins is your ultimate guide to explosive returns. Among these exciting options, DexBoss...Read More
Institutional investors now account for 31% of all known Bitcoin (BTC) holders, reflecting a sharp increase from 14% in 2023. The uptick has been largely driven by spot Bitcoin exchange-traded funds (ETFs), government acquisitions, and MicroStrategy’s ramping up of its BTC strategy, which has seen its stash grow to over 440,000 BTC. ETFs, MicroStrategy, Drive...Read More
Three new listings – HYPEUSDT, and FARTCOINUSDT, and HIVEUSDT, are now available to trade on BitMEX, all with up to 50x leverage. As of 04:00 UTC on 24 December 2024, you can… Trade HYPEUSDT here Trade FARTCOINUSDT here Trade HIVEUSDT here A Pre-Launch Futures contract for HYPE – HYPEUSDTZ25 – is also available to...Read More