The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance’s BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin’s potential to break above the $40,000 mark in the short term. CME […]
Bitcoin (BTC) is trying to sustain above the overhead resistance of $38,000 for the second consecutive day and start the next leg of the uptrend. The excitement among market observers may have increased after the United States Securities and Exchange Commission (SEC) delayed its decision on the applications of Franklin Templeton and Hashdex exchange-traded funds. […]
Cross-chain procedure Wormhole hasactually protected a $225-million financialinvestment at a appraisal of $2.5 billion. According to the Nov. 29 statement, the financialinvestment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington Capital. The Wormhole Foundation likewise revealed the launch of Wormhole Labs, which the business stated […]
Cryptocurrency exchange Binance hasactually been operating in the Philippines without the needed approval or license, according to the regional securities regulator. The Philippines Securities and Exchange Commission (SEC) provided a caution versus Binance on Nov. 28, notifying the public that the exchange is not licensed to sell or deal securities in the nation. The statement […]
Cryptocurrency mining company Phoenix Group is preparing for its public trading launch after seeing a substantial oversubscription throughout the pre-market sale on Nov. 21. Phoenix’s public trading launch will be postponed as the company hasactually modified the date for its upcoming preliminary public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). According to an […]
Legendary investor and billionaire Charlie Munger, known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway, has passed away at 99 years of age. Munger’s family informed Berkshire “that he peacefully died this morning at a California hospital,” according to a company announcement on Nov. 28. Munger, who served as […]
The demand for public remark are requirement for ETFs under evaluation and have an open duration of 35 days. 273 Total views 1 Total shares The United States Securities and Exchange Commission has revealed the next actions in its factortoconsider of the proposed Franklin Templeton and Hashdex area Bitcoin (BTC) exchange-traded fund (ETF) quotes. The […]
The Chicago Mercantile Exchange (CME) has long been the home of crypto for standard financing financiers, and this is notlikely to modification — even with the approval of a Bitcoin area ETF. Activity on the CME hasactually broadened considerably over the past 12 months. The CME now sees more Bitcoin (BTC) futures trading than the […]
Interactive Brokers, one of the biggest brokerage companies in the world, has opened crypto trading for retail customers in Hong Kong. According to the Nov. 28 statement, the service is used in combination with OSL, one of the veryfirst crypto exchanges to get a Virtual Asset Service Provider (VASP) in Hong Kong. “Interactive Brokers’ retail […]
Hong Kong authorities reported on Nov. 27 that 145 users were impacted in a rip-off by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of 148 million HKD ($18.9 million), according to regional media Shenzhen Commercial News. On Nov. 25, regional authorities held an preliminary press conference to notify the Hounax platform of the […]
Ether (ETH) is havingahardtime to preserve the $2,000 assistance as of Nov. 27, following its 3rd notsuccessful effort in 15 days to gobeyond the $2,100 mark. This slump in Ether’s efficiency comes as the wider cryptocurrency market belief degrades, therefore one requires to examine whether It’s possible that current advancements, such as the U.S. Department […]
Bitcoin (BTC) briefly reached $38,000 on Nov. 24 however dealtwith powerful resistance at the rate level. On Nov. 27, Bitcoin rate traded listedbelow $37,000, which is thesame from a week earlier. What is eye capturing is the unwavering strength of BTC derivatives, which signals that bulls stay unfaltering with their objectives. An interesting advancement is […]