FalconX and StoneX Complete First-Ever Block Trade of Solana Futures on CME Group Introduction On Mar, FalconX, a top prime broker for digital assets, and StoneX, a global financial services company, made history by completing the first-ever block trade of CME Group’s recently introduced Solana futures. This milestone marks a
The Potential End of Bitcoin’s Correction: A Crypto Strategist’s Insight Bitcoin’s RSI Indicator Predicting a Bullish Divergence A crypto strategist known for accurately calling Bitcoin’s pre-halving correction last year says BTC may abruptly end its correction if a technical setup plays out. Pseudonymous analyst Rekt Capital tells his 542,500 followers
After a $50 million loss, Immutable Sees Strong Revenue Growth in 2024 Overview In 2023, blockchain game developer Immutable suffered a $50 million loss, causing concern among investors and industry experts. However, the company’s latest financial report for 2024 paints a more optimistic picture, with revenue exceeding $110 million. This
The Potential Impact of Aave DAO’s 15% Token Allocation Proposal Understanding the Proposal The recent proposal suggesting a 15% token allocation to Aave DAO has sparked discussions within the crypto community. This proposal has raised concerns about the potential dilution of the existing AAVE token’s value. Aave, a decentralized finance
After a long legal tug-of-war under Biden’s leadership, Ripple is finally catching a break. President Donald Trump’s team eyeing XRP as a key player in building a Bitcoin (BTC) reserve. After months of uncertainty and legal battles, Ripple, the popular cryptocurrency, is finally starting to see some positive developments. Reports
The Bank of Korea’s Stance on Bitcoin Reserves The Bank of Korea’s Stance The Bank of Korea, the central bank of South Korea, has recently been in the spotlight for its decision not to consider diversifying its reserves with the help of Bitcoin. This news comes from a report by
Solana Celebrates Five Years Since Mainnet Launch A Decade of Growth and Innovation In 2020, Solana launched its mainnet and since then has become one of the largest blockchain platforms in terms of transaction activity. In just five years, Solana has made a name for itself as a leader in
The Impact of Bitcoin Price Struggles and Bearish Calls Amid US Stock Market Correction Bitcoin Struggles to Pass $84,000 Resistance As Bitcoin price struggles to pass the $84,000 resistance on the upside, many investors are closely watching the market movements. The cryptocurrency has been hovering around this key level for
The Volatility of Chainlink (LINK) Prices Market Fluctuations Chainlink (LINK) is currently facing significant market volatility, with prices swinging between $17 and $11.8 in recent weeks. This rollercoaster ride has left investors and traders on edge, unsure of where the price will ultimately settle. Factors at Play Several factors may
Bitcoin’s Critical Moment: Navigating the 200-Day EMA The 200-Day Exponential Moving Average Bitcoin is currently facing a crucial juncture, with the 200-day Exponential Moving Average (EMA) looming large as a key resistance level around $84,000. For those unfamiliar, the EMA is a popular technical indicator used by traders to analyze
The Impact of the Death Cross on Solana (SOL) Prices Understanding the Death Cross Solana (SOL) has recently come under selling pressure as a key technical indicator, the death cross, signals further downside risks. This bearish pattern occurs when the short-term moving average dips below the long-term moving average, historically
Peter Schiff’s Stance on Bitcoin Bubble Is Bitcoin a bubble? Peter Schiff, a well-known financial commentator, has been vocal about his belief that Bitcoin (BTC) is a financial bubble that is destined to burst. He argues that every market dip brings the crypto sector closer to its inevitable collapse. Why
Bitcoin: The Orange Dwarf Star of the Financial System Michael Saylor’s Poetic Analogy Michael Saylor, Strategy Chairman, captivated the crypto community by likening Bitcoin to an Orange Dwarf star—the brightest object in the financial system growing stronger, hotter, and denser as it attracts capital. His poetic analogy highlights Bitcoin’s stability
Ripple Eyeing a Breakthrough A New Dawn for Ripple After a long legal tug-of-war under Biden’s leadership, Ripple is finally catching a break. Reports suggest that President Donald Trump’s team is eyeing XRP as a key player in building a powerhouse Bitcoin (BTC) reserve. Financial Implications This development could potentially
ADA: Navigating Through Challenges in the Crypto Space The Current State of ADA ADA, the cryptocurrency native to the Cardano platform, is currently facing a series of challenges that are impacting its user engagement, derivatives market, and relevance in the rapidly evolving Layer 1 space. As the crypto market continues
Ripple Faces One-Month Countdown to File Appeal Reply What Does This Mean for Ripple and XRP Holders? Ripple, the fintech company behind the digital currency XRP, is currently facing a one-month countdown to file its appeal reply in response to the U.S. Securities and Exchange Commission (SEC) lawsuit. The lawsuit
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