Trade Crypto Now

03 April 2024 07:44

📊 Grayscale falls behind in ETF outflows first time since launch as ARKB loses $87.5 million

Grayscale Bitcoin Trust (GBTC) recorded lower outflows for the first time since the launch of spot Bitcoin ETFs on April 2, after ARK 21Shares (ARKB) posted outflows amounting to $87.5 million, according to Coinglass data. Comparatively, GBTC recorded the lowest outflows since March 12 at $82 million. The data for the other ETFs, including IBIT and FBTC, was not public as of press time. GBTC’s currently low outflows are notable because the fund consistently sees high outflows.

Source

@TradeCryptoNow

Trade Crypto Now

02 April 2024 06:54

💰 Bitcoin falls over 4% to retest $68k support as Q2 starts 📉

Bitcoin fell over 4.5% to a local low of $68,000 on April 1, marking a red start to the month after seven consecutive monthly closes in the green. While there has been some recovery in the past hour, the immediate fallout saw a staggering number of traders caught in the downturn. The decline comes after the flagship crypto climbed to $71,500 over the weekend to close a monthly candle at the highest price in history.

Source

@TradeCryptoNow

Trade Crypto Now

30 March 2024 17:44

💰 Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack

On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching new peaks. As of 1:25 p.m. Eastern Time on Friday, data from coinglass.com reveals that BTC futures boast an open interest (OI) of $37.55 billion, equivalent to approximately 539,430 BTC.

Source

@TradeCryptoNow

Trade Crypto Now

29 March 2024 14:57

​Launch your crypto brokerage now with B2Trader! 🚀

The crypto trading sphere is bustling, with more than 300 million traders globally. @B2Broker, in collaboration with the B2Trader Brokerage Platform, simplifies the path for both nascent ventures and veteran firms to flourish in this vibrant market. 📊

Reasons to Pick B2Trader? 🕵️‍♂️

1️⃣ Amplify your sales with our straightforward integration tools.
2️⃣ Broaden your offerings and presence in the crypto trading domain.
3️⃣ Leverage the market's upward trend with our robust enterprise solutions.

Platform Features:

✅ Support for processing up to 3000 transactions each second.
✅ Engage in trading with over 3000+ crypto assets.
✅ Benefit from live market data updated every 100 milliseconds.

Additionally, Explore:

📱 An intuitive trading interface, CRM, and comprehensive back-office solutions.
💼 Highly secure blockchain wallets & streamlined automatic payout systems.
🔐 Full-suite mobile applications, support for REST and FIX API protocols, and sophisticated White Label solutions.

Extend Your Brokerage Capabilities:

Enhance your brokerage service by integrating with esteemed platforms like MT4, MT5, and cTrader, offering a wide array of trading functionalities and ensuring unparalleled trading experiences for your clients.

Initiate your crypto business journey with B2Trader, your dependable technology ally 🚀

Trade Crypto Now

27 March 2024 16:12

🪙 Spot Ethereum ETF approval has 'no positive signs,' says ETF expert

While the prospects of a spot ether exchange-traded fund receiving approval from the U.S. Securities and Exchange Commission are up for debate, one ETF expert remains largely pessimistic. Bloomberg Senior ETF Analyst Eric Balchunas posted on X today their belief that the odds of an ether ETF garnering approval are "a very pessimistic 25%." "Personally hope they do approve it but it just ain't looking good," he added.

Source

@TradeCryptoNow

Trade Crypto Now

25 March 2024 19:05

🟠 Binance ends Tron USDC support as it faces blockade in the Philippines

Crypto exchange Binance said it would end support for Tron network-based USD Coin (USDC) stablecoins by April 5, according to a March 25 statement, following recent news Circle is pulling out of the Tron blockchain entirely. Consequently, Binance users have less than two weeks to withdraw their assets or convert them to USDC on alternative networks. Notably, transactions involving USDC via other supported networks like Ethereum remain unaffected.

Source

@TradeCryptoNow

Trade Crypto Now

24 March 2024 08:51

💰 Bitcoin's Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower

Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might be disconnected after the event.

Source

@TradeCryptoNow

Trade Crypto Now

23 March 2024 09:24

💰 BlackRock sees Bitcoin as integral part of financial system – little interest in other crypto

BlackRock believes that Bitcoin (BTC) will become an integral part of the financial system over the coming decade as it increasingly melds with the best parts of the traditional financial system. The asset manager’s Head of Digital Assets, Robert Mitchnick, made the statement during Reflexivity Research’s Bitcoin Investor Day on March 22. FOX Business reporter Eleanor Terrett reported his comments via X.

Source

@TradeCryptoNow

Trade Crypto Now

22 March 2024 08:59

💰 Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'

Bitcoin (BTC) slid lower Thursday amid a stronger U.S. dollar, giving up some of the advances from Wednesday's spectacular bounce spurred by a dovish tone from the Federal Reserve. BTC dropped some 5% to as low as $64,600 by late afternoon UTC hours from above $68,000 at the start of the day. The broad-market CoinDesk 20 Index (CD20) declined 3.5% from its daily high, as altcoins generally outperformed bitcoin during the day.

Source

@TradeCryptoNow

Trade Crypto Now

21 March 2024 07:04

🔵 Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge

Base, the layer-2 blockchain from U.S. crypto exchange Coinbase that helps users transact on Ethereum with lower fees, appears to be struggling to keep up with a new wave in network activity, according to an official status warning issued by the protocol. "Base Mainnet is experiencing high traffic and increasing fees," the warning, which was posted to the official Coinbase status page, reads.

Source

@TradeCryptoNow

Trade Crypto Now

20 March 2024 07:49

🇺🇸 SEC delays lower expectations of Ethereum ETF approval by May despite staking additions

The US SEC has delayed the approval process for several highly anticipated Ethereum exchange-traded funds (ETFs), recent regulatory filings show. The delays affect proposals from investment firms, including VanEck, Ark Invest, Hashdex, and Grayscale — which has added a staking component to its ETH ETF application along with Fidelity — sparking discussions about the future of crypto ETFs in the US.

Source

@TradeCryptoNow

Trade Crypto Now

19 March 2024 05:54

🇳🇬 Nigeria intensifies probe into 🟠 Binance with court-ordered data disclosure

A Federal High Court in Nigeria has ordered Binance to provide detailed information on all its Nigerian users to the country’s foremost anti-corruption agency — the Economic and Financial Crimes Commission (EFCC). The ruling comes amid rising tensions between the crypto exchange and Nigerian authorities over the past month as the country’s fiat currency collapsed after locals turned to crypto to deal with unabated inflation.

Source

@TradeCryptoNow

Trade Crypto Now

17 March 2024 19:25

💰 Unveiling 'Mr. 100' — The Mystery Bitcoin Wallet Linked to Upbit's Cold Storage

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that this wallet is actually the cold storage of Upbit, a major South Korean cryptocurrency exchange.

Source

@TradeCryptoNow

Trade Crypto Now

16 March 2024 19:25

🥇 32MB blocks is how Bitcoin has started - Vitalik

Bitcoin: Has a block size of 1 MB
Bitcoin Cash: Has a block size of 32 MB
Bitcoin SV: Has a block size of 4 GB.

@TradeCryptoNow

Trade Crypto Now

15 March 2024 16:35

💰 Michael Saylor on Gold vs Fiat vs Bitcoin

@TradeCryptoNow

Trade Crypto Now

02 April 2024 19:04

💰 Spot Bitcoin ETFs return to net daily outflows; Grayscale’s GBTC total outflows eclipse $15 billion

The combined U.S. spot Bitcoin exchange-traded funds returned to net outflows on Monday, having recorded net inflows every trading day last week, totaling $860 million. Inflows of $165.9 million from BlackRock’s dominant IBIT ETF were not enough to help overcome $302.6 million in outflows from Grayscale’s converted GBTC fund, leading to a total net outflow of $85.7 million yesterday, according to CoinGlass data.

Source

@TradeCryptoNow

Trade Crypto Now

01 April 2024 18:04

🇰🇷 Trading Volume on South Korean Crypto Exchange Upbit Crashes 75% 📉

Daily trading volume on South Korea's biggest cryptocurrency exchange has tumbled 75% from this year's high in a sign that frenzied trading in alternative cryptocurrencies (altcoins) has fizzled and digital assets other than market leaders bitcoin (BTC) and ether (ETH) may struggle to maintain lofty valuations. Upbit, which lists 192 cryptocurrencies and offers trading in 309 pairs, registered just $3.79 billion of volume in the past 24 hours, according to data source CoinGecko.

Source

@TradeCryptoNow

Trade Crypto Now

29 March 2024 20:15

💰 Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day — closing the month on a strong note. The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28 — bringing the cumulative total net inflow to about $12.13 billion — according to data from SoSo Value.

Source

@TradeCryptoNow

Trade Crypto Now

28 March 2024 18:14

🪙 Ether spot ETF's chance of May approval dropped to 20% by GSR

Crypto market maker GSR has lowered its estimate of the likelihood of a spot Ether ETF approval in May to 20%. This is a drop from GSR's January estimate of a 75% likelihood of a May spot ether ETF approval. GSR Research Analyst Matt Kunke had attributed the former optimistic outlook to Grayscale's Court of Appeals victory and the approval of Ethereum Futures ETFs in October.

Source

@TradeCryptoNow

Trade Crypto Now

26 March 2024 06:54

🟠 Binance's successor in 🇷🇺 Russia, CommEx, halting deposits and undergoing phased closure

CommEx, which previously acquired Binance's Russian business in an undisclosed deal, has halted deposits and is closing down. The Russian crypto exchange is undergoing a phased closure, beginning with today's suspension of new user registrations, per an announcement on its official Telegram channel. Asset transfers from Binance have also been suspended, as have fiat and cryptocurrency deposits

Source

@TradeCryptoNow

Trade Crypto Now

24 March 2024 20:55

💰 Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision

Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. According to various sources, Do Kwon has regained his freedom, having been discharged on Saturday. In a conversation with Bloomberg journalists Jasmina Kuzmanovic and Misha Savic, Montenegro’s prison chief Darko Vukcevic confirmed Kwon’s release, stating that he is currently under the custody of the police authority.

Source

@TradeCryptoNow

Trade Crypto Now

23 March 2024 17:39

🇪🇺 EU enacts ban on anonymous crypto transactions via self-custody wallets

In a recent regulatory change, the European Union (EU) has prohibited cryptocurrency transactions of any value made through unidentified self-custody crypto wallets. This update is a component of the region's newly implemented Anti-Money Laundering (AML) regulations. According to a post by Patrick Breyer, a member of the European Parliament for the Deutsch Piraten Partei, the majority of the EU Parliament’s lead commission endorsed the prohibition on March 19.

Source

@TradeCryptoNow

Trade Crypto Now

23 March 2024 01:55

🪙 Google adding Ethereum Name Service data into search results through Etherscan

Tech giant Google has integrated Ethereum Name Service (ENS) data into its search results through data available from Etherscan. CryptoSlate confirmed this feature by testing it with several ENS addresses, including Vitalik.eth, an address belonging to Vitalik Buterin, the co-founder of the Ethereum blockchain network. The displayed result showed the address details like the Ethereum balance and the timestamp of the last transaction. The data was collected from Ethereum block explorer Etherscan.

Source

@TradeCryptoNow

Trade Crypto Now

21 March 2024 19:14

💰 Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase

Historical precedent suggests that bitcoin’s (BTC) recent strong performance will continue into and after the upcoming halving, as the event reduces the supply of new BTC, but investors should be wary of this view, Coinbase (COIN) said in a research report on Wednesday. The world’s largest cryptocurrency rose an average of 61% in the six months before prior halvings and gained an average of 348% in the six months after, Coinbase noted.

Source

@TradeCryptoNow

Trade Crypto Now

20 March 2024 19:09

❄️ TON Foundation launches Toncoin community rewards initiative worth over $100 million

The TON Foundation, a non-commercial group of contributors behind The Open Network (TON) blockchain, has launched the first round of a Toncoin community rewards initiative named The Open League, valued at more than $115 million at current prices. Following a successful pilot program, The Open League will distribute 30 million Toncoin to competing projects and TON ecosystem users starting April 1.

Source

@TradeCryptoNow

Trade Crypto Now

19 March 2024 19:04

💰 Grayscale’s GBTC spot bitcoin ETF sees record $642.5 million daily outflow

Grayscale’s converted GBTC spot bitcoin exchange-traded fund saw record daily outflows of $642.5 million on Monday — breaking the prior $640.5 million peak set on Jan. 22. Inflows of $451.5 million from BlackRock’s dominant IBIT ETF were not enough to help overcome GBTC’s outflows, leading to a total net outflow of $154.4 million yesterday for the first time since March 1, according to data from BitMEX Research.

Source

@TradeCryptoNow

Trade Crypto Now

18 March 2024 19:15

💰 Standard Chartered raises Bitcoin price target to $150,000 by year-end

Standard Chartered Bank has raised its bitcoin price prediction target to $150,000 from its previous estimate of $100,000. "For 2024, given the sharper-than-expected price gains year-to-date, we now see potential for the BTC price to reach the $150,000 level by year-end, up from our previous estimate of $100,000," Standard Chartered Bank analysts led by Geoffrey Kendrick wrote in a report on Monday.

Source

@TradeCryptoNow

Trade Crypto Now

17 March 2024 10:56

🇸🇻 El Salvador Will Keep Buying 1 💰 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the “large chunk” of bitcoins which Bukele previously revealed.

Source

@TradeCryptoNow

Trade Crypto Now

16 March 2024 08:55

💰 Financial advisory network Cetera approves the use of 4 spot bitcoin ETFs

Wealth management and financial advisory firm Cetera approved the usage of four U.S. spot bitcoin exchange-traded funds for its network of 9,000 affiliated professionals. BlackRock’s IBIT, Fidelity’s FBTC, Franklin Templeton’s EZBC and Invesco’s BTCO were chosen due to the providers’ track record in successfully launching new product strategies, with the required resources, tools and knowledge, according to a statement from the company on Thursday.

Source

@TradeCryptoNow

Trade Crypto Now

15 March 2024 11:25

💰 JAN3 CEO expects Bitcoin to hit a million within 24 months 🚀

“I think this year we hit a million, if not this year then next year but it’s coming very soon.”

- Samson Mow

@TradeCryptoNow