Tag: Cryptocurrency trading
Bitcoin Funding Rates Soaring: Signs of a Bullish and Leveraged Market
Bitcoin funding rates are on the rise, indicating a bullish and leveraged market. This surge in funding rates suggests that traders are increasingly interested in longing Bitcoin, which could potentially drive the price higher...
Spot Bitcoin ETF Options Trading Launch Imminent
Options trading on spot bitcoin exchange-traded funds (ETFs) is about to hit the market, potentially as soon as tomorrow, according to Nasdaq. The head of ETP listings at Nasdaq, Alison Hennessy, mentioned in an...
Coinbase Revenue Impact: Lower Trading Volumes & Regulatory Uncertainty
Coinbase, a popular cryptocurrency exchange, is expected to see a decline in revenue for the third quarter due to a slowdown in spot trading volume. Analysts predict a 13% decrease in revenue compared to...
Bitcoin ETFs Experience $79 Million Outflow After 7-Day $2.6 Billion Inflow Streak
Bitcoin ETFs saw a significant change in investor sentiment on Oct. 22, 2024, as they experienced a net outflow of $79.1 million after a seven-day streak of inflows totaling $2.6 billion. This marked a...
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Crypto ETFs Unlikely to Expand Beyond Bitcoin and Ether Under Kamala Harris
Several firms recently began seeking approval to create U.S. exchange-traded funds that track cryptocurrencies beyond the already-approved bitcoin (BTC) and ether (ETH) products. Those applications will probably go nowhere if Democratic Presidential nominee Kamala...
BTC Price Surges Near $68K as First Mover Americas ETF Inflows Drive Momentum
Bitcoin's price surged near $68,000 as the First Mover Americas ETF inflows drove momentum in the market. The cryptocurrency attempted to establish itself above $68,000 before pulling back and settling around $67,800. In the...
Bitcoin hashprice hits two-month high, boosting mining profitability
Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
Hot Wallet vs. Cold Wallet: What’s the Difference?
Hot and cold wallets represent fundamentally different approaches to cryptocurrency storage. In a nutshell, hot wallets are connected to the internet, while cold wallets remain offline. Each type of wallet has distinct security implications,...
Crypto Traders in Americas Stay Steady After Thursday’s Slide – First Mover Analysis
Crypto Traders in Americas Remain Steady Despite Thursday's SlideThe cryptocurrency market in the Americas showed resilience after a slight dip on Thursday, with traders maintaining a steady approach to their investments. Bitcoin was down...
