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Search Results for: Ethereum

Alameda’s 4.5M POL Dump Sparks Sell-Off Fears Amid Price Rally

Alameda Research has raised concerns among investors by transferring large amounts of Polygon (POL) tokens to Binance during a price surge. In the past four days, the firm moved 4.5 million POL tokens worth $1.98 million. The latest transfer involved 2 million POL tokens, valued at $927,000.  Polygon’s market activity

November 23, 2024 2 mins read

Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High

Dogecoin ($DOGE) is trading at $0.4645, marking an impressive 19.04% increase over the past day. Its market cap is a substantial $68.24 billion, reflecting a 19.09% surge. The Volume-to-Market Cap Ratio has climbed to 29.45%, indicating heightened trading activity with a 24-hour volume of $20.05 billion. Dogecoin’s hash rate has

November 23, 2024 2 mins read

Cboe to Launch First Bitcoin Spot Index Options in December This Year

The first bitcoin spot index options including a cash settlement will be introduced by Cboe Global Markets. Options based on the newly created Cboe Bitcoin US ETF Index, which will monitor the performance of spot bitcoin ETFs traded on U.S. exchanges, are set to debut on Monday, Dec. 2. Cboe

November 23, 2024 2 mins read

US SEC Commissioner Lizárraga Announces Exit Amid Overhaul

Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.

November 23, 2024 2 mins read

US Spot Bitcoin ETFs Surpass $30B Cumulative Inflows Amid Market Rally

The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was

November 22, 2024 1 min read

Exchanges Need to Adopt a Multi-Faceted Approach to Security: FutureX Pro CEO

The cryptocurrency sector emerges as a strong contender solidifying its role in bringing decentralization and democracy to the Fintech world. This elucidates the demand for DeFi traversing boundaries into the realms of centralized institutions such as crypto exchange platforms.  FutureX Pro, a decentralized crypto exchange platform is one such venture.

November 22, 2024 7 mins read

Can PEPE Break Its ATH as Bullish Momentum Builds?

Bitcoin (BTC), the pioneer of the crypto market, is edging closer to the $100K milestone, reaching a new all-time high of $99.3K. The rally has given a hand to the altcoins to hit their new highs. The third-largest meme coin, PEPE, has staged a notable recovery of over 12.63%.  The

November 22, 2024 2 mins read

Is Bitcoin Ready to Hit 100K After Reaching a New ATH 99.3K?

Bitcoin (BTC) reached a new milestone, breaking $99.3K for the first time, with a 24-hour increase of 4.4%. Its market cap climbed to $1.96 trillion, representing 59.2% of the global crypto market cap, which surged to $3.31 trillion. Trading volume also jumped by 31.25% in the past day, totaling $103

November 22, 2024 2 mins read
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