November 19, 20240 Comments

Binance Unveils Major Update for SHIB, ADA, FLOKI and HBAR, What’s Next?

Binance News: Binance Futures has announced a major update for popular USD-M perpetual contracts, including Shiba Inu (SHIB), Cardano (ADA), FLOKI and Hedera (HBAR). This update introduces new leverage and margin tiers, impacting top trading pairs and enhancing trading flexibility for users. The changes, which apply to additional assets like BONK, PNUT, ACT, RENDER, HIPPO, GRASS, and REN, aim to support varied trading strategies. Notably, existing positions opened before the

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November 19, 20240 Comments

BlackRock Exec Refutes ‘Risk-On’ Tag For Bitcoin, Here’s Why

BlackRock Exec Robbie Mitchnick has refuted Bitcoin’s classification as a “risk-on” asset amid the ongoing rally in BTC. Robbie, the Head of Digital Assets for the leading asset manager, recently challenged this label during an interview with Yahoo Finance. While acknowledging Bitcoin’s volatility and citing it as a “risky asset”, he emphasized that it does not behave like traditional “risk-on assets”, offering a distinct investment profile for institutional and retail

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November 19, 20240 Comments

Can Pepe Coin Price Quadruple as Volume Hits 8 Month High?

Pepe Coin price targets further gains after recently breaking above its all-time high price. Market participants have become more bullish on the frog-themed meme coin, especially after it recorded an 8-month high in its weekly trading volume. Can the increasing volatility push the price of PEPE up by 280%? Pepe Coin Price Targets 4X As Trading Volume Soars Data from Coingecko shows that the PEPE price is currently trading at

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November 19, 20240 Comments

Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why

Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares Bitcoin Trust (IBIT) ETF cleared the last regulatory hurdle on Monday, and they could bring more institutional appetite for the largest cryptocurrency. “This marks a monumental shift,” 10x Research said in a Tuesday newsletter. The products “could attract significant trading volumes, potentially driving sharp price rallies in bitcoin,” it said. For example, MicroStrategy (MSTR),

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November 19, 20240 Comments

Alleged Corrupt Los Angeles Police Officers Implicated in Crypto ‘Godfather’ Extortion Scheme

The founder of a crypto trading platform allegedly relied on corrupt Los Angeles Sheriff’s Department (LASD) deputies to facilitate extortion schemes and other crimes. Recent court documents indicate that the Federal Bureau of Investigation (FBI) has been looking into Adam Iza, the founder of the crypto trading platform Zort and known as “The Godfather,” over allegedly extorting money and property from victims in LA and elsewhere. FBI Special Agent Barbara

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November 19, 20240 Comments

Bybit Unlocks 50,000 USDT bbSOL Staking Rewards on On-Chain Earn By Chainwire

Dubai, United Arab Emirates, November 19th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unlocked a fresh prize pool of 50,000 USDT in bbSOL on Bybit On-Chain Earn for a limited time only. From now to Nov. 28, users looking to get the most out of staking bbSOL have the opportunity to earn rewards with Bybit On-Chain Earn. Bybit users stand to share a rewards chest

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November 19, 20240 Comments

Meme Coin Trader Records $3M Profit With ELIZA Trading Amid Launch Controversy

In an unprecedented turn of events, a meme coin trader garnered significant attention, trading the newly launched ELIZA token amid its launch controversy. On-chain data on Tuesday pointed out that a trader made a remarkable $3 million profit with the abovementioned token. Simultaneously, with another trader making massive trades amid the crypto’s recent launch, speculations of the token being controversial surface across the horizon. Meme Coin Trader Makes $3M With

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November 19, 20240 Comments

‘Elation’ as bitcoin basks in Trump glow By Reuters

By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) – Joe McCann was sitting in his Miami condo, eyes glued to screens flashing with bitcoin trades as the American election results rolled in. “When the first polls closed, we started to see massive U.S. buying and it just hasn’t stopped since,” said McCann, founder of crypto-focused hedge fund Asymmetric. “The sentiment in the crypto community is a form of elation at

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November 19, 20240 Comments

Deep Worm Price Rockets 180% With Arthur Hayes Predicting Further Rally

The Deep Worm price has skyrocketed nearly 180%, gaining the attention of investors in the meme coin sector. This massive surge highlights a renewed focus on the meme coins, especially with BitMEX co-founder Arthur Hayes making bold predictions on WORM. Notably, his recent comments have further fueled optimism for the asset’s rally ahead as already positive sentiment hovers in the broader crypto market. Deep Worm Price Soars Gaining Arthur Hayes’s

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