The addition of options features to Bitcoin exchange-traded funds (ETFs) in the US market is a highly anticipated development. Bloomberg ETF analyst, James Seyffart, has suggested that these features could be implemented as early as the third quarter. He mentioned the final deadline for a decision from the US Securities and Exchange Commission (SEC) is
Trading
BTSE has taken a significant step forward in the world of decentralized trading with the launch of BTSE Dex 2.0. This new platform introduces cross-compatibility for Ethereum Virtual Machine-based chains, opening up opportunities for trading on over 50 perpetual futures across networks like Base, Optimism, and Arbitrum. By tapping into Orderly Network’s decentralized exchange protocol,
In response to a $230 million cyberattack on July 18 that disrupted platform operations, WazirX has taken the decision to restore user balances to their state as of July 18, 1 P.M. IST. This move comes after the suspension of withdrawals and the reversal of trades conducted between July 18 and July 21. The restoration
The recent decision by United States District Judge Peter Castel to finalize a $12.7 billion settlement has sent shockwaves through the cryptocurrency community. This settlement obligates the bankrupt cryptocurrency exchange FTX and its sister company Alameda Research to compensate the former’s creditors. This decision is part of a settlement with the United States Commodity Futures
In the fast-paced world of cryptocurrency trading, predictions about price movements can make or break an investor’s portfolio. Benzinga crypto analyst Armando Pantoja stirred the pot on Tuesday by forecasting that Shiba Inu’s price will skyrocket to $0.001 due to FOMO (fear of missing out). However, Pantoja also warned that one of SHIB’s competitors may
Crypto analyst Altcoin Sherpa recently stirred the cryptocurrency community with his bearish prediction regarding Bitcoin’s bottom. He suggested that the flagship cryptocurrency could still drop to new lows, possibly finding its bottom around the $40,000 range rather than $50,000. Altcoin Sherpa warned of “nasty wicks, liquidations, and pain” as Bitcoin struggles to maintain its price
Recently, the court reached a decision in the case filed by the US Securities and Exchange Commission (SEC) against Ripple, imposing a hefty fine of $125 million on the company. This ruling marks the end of a lengthy legal battle spanning over four years. Following the announcement of the fine, XRP experienced a significant price
CryptoQuant CEO Ki Young Ju remains optimistic about bitcoin’s future, predicting that the cryptocurrency could surpass its all-time high if its price stays above $45,000. Despite some bearish indicators in the broader financial markets, Ju believes that bitcoin has the potential for significant growth in the coming year. However, Ju also warns that the crypto
The Ronin Network recently made headlines due to a significant loss of $10 million worth of ETH as a result of a hack, adding to the growing number of Web3 security breaches in 2024. This popular gaming blockchain platform lost 4000 ETH in the incident, creating a wave of concern within the cryptocurrency community. In
Shiba Inu (SHIB) experienced a remarkable surge of 20% on August 6, showcasing its resilience in the volatile cryptocurrency market. Despite facing a significant decline earlier in the week, the meme coin managed to bounce back and reclaim its position as one of the top performers in the industry. The surge in Shiba Inu’s price