In a bid to deepen its engagement with traders, Binance, the world’s leading cryptocurrency exchange, has announced the introduction of new monthly options and trading pairs. Starting November 26, traders will be able to access European-style monthly options for Solana (SOL) and Binance Coin (BNB), both of which allow for speculation on future price movements
Gains
As of late October 2023, Ethereum is experiencing a notable phase in its trading journey. The cryptocurrency has consistently floated around the $3,470 mark, reflecting its highest valuations since July. This current price not only indicates a robust recovery for Ethereum, the second-largest cryptocurrency by market capitalization, but also demonstrates its potential resilience. The ability
The cryptocurrency market, after experiencing significant upward momentum in recent days, is witnessing a cooling-off period. As we step into the week, a notable correction among digital assets has emerged, reflecting the volatile nature of this burgeoning financial sector. Despite the recent downturn, the economic environment seems to maintain a favorable outlook for cryptocurrencies and
The announcement of the trademark application for “TruthFi” by the Trump Media and Technology Group (TMTG) marks an intriguing turn in the intersection of politics and cryptocurrency. As the organization prepares to potentially launch a digital currency payment service, it raises several questions about the feasibility, timing, and broader implications of such an initiative in
BIT Mining, a notable player in the burgeoning Bitcoin mining industry, has made headlines recently due to its controversial settlement with US authorities concerning bribery allegations. The firm is facing significant legal penalties totaling $10 million as a result of these allegations, which state that BIT Mining engaged in illicit activities to secure a resort
In the dynamic world of cryptocurrency, few assets capture the attention of investors like Cardano (ADA). Recently, it has garnered significant bullish sentiment, surging to new heights and capturing the spotlight as the ninth-largest cryptocurrency by market capitalization. Following a remarkable 108% price increase over a brief two-week period, Cardano has reached its highest valuation
As the world navigates the tumultuous waters of economic uncertainty, Bitcoin continues to assert its prominence as a leading cryptocurrency. Recently, the digital currency surged over 40% above its average trading price, coinciding with pivotal events like the November 5th U.S. elections. While many attribute this rally to favorable political forecasts, especially those linked to
In recent days, Bitcoin, the largest cryptocurrency by market capitalization, has experienced significant fluctuations. Despite reaching an impressive near peak of approximately $99,800, the leading digital asset has failed to surpass the psychologically important $100,000 mark. As of the latest reports, Bitcoin’s price has retraced to around $98,000, marking a notable decrease after experiencing substantial
The cryptocurrency market is known for its volatility and its abrupt price movements, but it also tends to exhibit patterns that traders and analysts analyze to forecast future trends. Currently, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has captured the attention of investors due to its emerging patterns reminiscent of the 2017 bull run.
In the ever-evolving landscape of cryptocurrencies, the recent price momentum of Bitcoin has ignited considerable interest among investors and analysts alike. A prominent crypto analyst, known as Weslad, who previously predicted the ascent of Bitcoin to its all-time high of $99,000, has released an updated forecast that raises eyebrows and expectations. His analysis suggests that