Tag: finance

news-16112024-095516

Bitcoin futures see all-time high surge in Open Interest (OI) by 29% in November

Bitcoin futures experienced a significant surge in Open Interest (OI) in November, reaching an all-time high increase of 29%. This surge indicates a growing interest in Bitcoin futures trading among investors.Open Interest refers...
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Maximize Your Profits: Strategies for Long-Term Bitcoin Holders

Bitcoin investors who have held onto their assets for the long term are now taking advantage of the recent rally in Bitcoin prices to secure their profits. This profit-taking activity has been quite significant,...
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New Title: FBI Raid on Polymarket CEO’s Home

Federal law enforcement officials conducted a raid on the home of Shayne Coplan, the CEO of Polymarket, a popular prediction market. Polymarket gained attention during the U.S. presidential election for accurately predicting Donald Trump...
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Opportunities for Gains: Navigating Altcoin Trading in a Challenging Landscape

Altcoins continue to present opportunities for gains in the midst of a challenging trading landscape, according to a recent report by K33 Research. Despite the increasing number of token launches and stablecoin supply still...
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Wintermute Revamps Ethena’s Revenue Sharing Model

Wintermute has received approval to update Ethena's revenue sharing model, benefiting sENA stakeholders. The changes are set to be implemented by the end of November, aiming to better align the financial outcomes of the...
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Memecoin Outperforms Crypto Market with 6x Higher Returns in Last 30 Days

Over the last 30 days, memecoins have been the standout performers in the cryptocurrency market, surpassing the average returns by a significant margin. According to data from Artemis, memecoins have recorded an average return...
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Bitcoin Volatility in Americas: Traders Secure Profits

Bitcoin traders in the Americas are securing profits as the cryptocurrency market experiences volatility in recent days. Bitcoin, the leading cryptocurrency, managed to recover some of its losses during the European morning, trading above...
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ADA Surges 18.4% in CoinDesk 20 Performance Update: Leading Index Higher

ADA, one of the cryptocurrencies featured in the CoinDesk 20, has experienced a significant surge of 18.4% in its performance update, leading the index higher. This surge has caught the attention of investors and...
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New York Prosecutors Ease Crypto Enforcement During Transition: What it Means

New York prosecutors are making changes to their approach to crypto enforcement as leadership transitions within the office. The US Attorney's Office in Manhattan will be scaling back its focus on crypto crimes, with...
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Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain

Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...