Latest posts
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Breaking News in 2024-12-28T23:15:03.392-05:00
Bitcoin Lull Could Spur Altcoin Rally, With $90K Considered ‘Attractive’ Buying Area High volatility can be good for option buyers because it increases the chance that the option will be “in-the-money” (profitable) at some point before expiry — creating profit for buyers. Summary: Traders anticipate continued volatility in the bitcoin market with a potential shift…
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Breaking News in 2024-12-28T23:15:03.392-05:00
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up Options expiry looks to stir things up in a market that appears highly leveraged to the upside, Deribit said. 1. **Summary**: A record $14 billion Bitcoin options expiry is approaching, causing potential market volatility due to high leverage in the market. The expiry, set…
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Breaking News in 2024-12-28T23:15:03.392-05:00
SOL’s Evolving Throwback Pattern Makes It Enticing for Breakout Traders: Godbole The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs. 1. Summary: SOL’s evolving throwback pattern presents an enticing opportunity for breakout traders as it offers a second chance for trading bullish breakouts. The…
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Breaking News in 2024-12-28T23:15:03.392-05:00
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass Temporary bans may be imposed in other regions during peak energy demand, Tass reported 1. Summary: Russia has imposed a six-year ban on crypto mining in 10 regions due to the industry’s high energy consumption. The ban, effective from January 1,…
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Breaking News in 2024-12-28T23:15:03.392-05:00
Solana Layer 2 Sonic to Airdrop SONIC Token to TikTok Users Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram. 1. Summary: Solana-based gaming-focused layer-2 blockchain, Sonic, will be airdropping its SONIC token to users who were onboarded through TikTok. Sonic…
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Breaking News in 2024-12-28T23:15:03.392-05:00
Investment Advisers to Supplant Hedge Funds as Top BTC ETF Holders in 2025: CF Benchmarks Investment advisers, the gatekeepers to retail and high-net-worth capital, are seen overtaking hedge fund managers in owning BTC and ETH ETFs next year. 1. Summary: Investment advisers are predicted to surpass hedge funds in owning BTC and ETH ETFs in…
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Breaking News in 2024-12-28T23:15:03.392-05:00
CoinDesk 20 Performance Update: APT Falls 14.8% as Index Trades Lower Over Weekend Avalanche joined Aptos as among the worst performers, falling 6%. 1. Summary: The CoinDesk 20 Index experienced a 2.9% decrease, with leaders Litecoin (LTC) and Uniswap (UNI) showing positive performance and laggards Aptos (APT) and Avalanche (AVAX) declining. Tracy Stephens, Senior Index…
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Breaking News in 2024-12-28T23:15:03.392-05:00
Avalon Labs Raises $10M Series A to Grow Bitcoin-Backed Stablecoin The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital 1. **Summary:** Avalon Labs, the company behind the BTC-backed stablecoin USDa, has secured a $10 million Series A funding round led by Framework Ventures.…
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CHILLGUY Meme Coin Skyrockets 40% Following Major Listings and MrBeast’s Endorsement
Just a Chill Guy (CHILLGUY), a meme coin on the Solana blockchain, has surged 40% after receiving support from popular exchanges KuCoin and Bybit. YouTube sensation MrBeast also joined the hype, calling it the “biggest meme of our lifetimes.” Here’s a deep dive into what’s fueling this rapid rise and the challenges ahead.
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Top Crypto Wallets for 2024: The Ultimate Guide
Introduction to Crypto Wallets As the cryptocurrency landscape continues to evolve at a rapid pace, understanding the foundational elements that support this digital ecosystem becomes crucial. At the core of cryptocurrency use lies the concept of a crypto wallet, which serves as a vital tool for storing, managing, and transacting cryptocurrencies. Crypto wallets function similarly…