Pertains to trading in cryptocurrencies, including strategies, tools, platforms, and trading pairs.
Bitcoin traders are cautious as $530 million inflows into ETFs may indicate a local price top, historically linked to profit-taking. This could signal potential market volatility ahead.
Bullish Bitcoin traders prepare for a $5.5 billion options expiry, with 90% of open interest in call options, signaling strong optimism and potential profits amid market volatility.
Sygnum Bank reports a profit as crypto trading volumes double, reflecting increased investor confidence. The bank aims for full compliance with MiCA regulations by Q1 2025, signaling strong growth potential.
Riot Platform has acquired Block Mining for $93 million, boosting its self-mining hashrate by one exahash per second, enhancing competitiveness and solidifying its position in the cryptocurrency mining sector.
Swiss crypto bank @SygnumBank reports H1 2024 profits as trading volume doubles. Spot crypto trading up 100%, crypto derivatives surged 500%, and lending volumes rose 360%. $BTC ETFs launched, $ETH ETFs anticipated. #Crypto #Update
Ethereum spot ETFs launched in the US on July 24, with BlackRock leading a $1.11B first-day trading volume. Ethereum options open interest hit $7.39B. #Crypto #ETH
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Solana’s price rose as @FTI_US plans a Solana ETF, following Ethereum’s approvals. Solana ($SOL) is near a resistance of $188.8, with potential to hit $210. Major firms like @BlackRock and @InvescoUS may also seek ETF approvals. #Update
Whale Alert: 77M $XRP transferred ahead of SEC meeting, sparking market buzz. Key moves: 23.28M accumulated from Binance, 54.29M shifted to Bitstamp and Bitso. XRP price rose 2.57% to $0.62 with futures interest at $796.75M and derivatives volume at $2.21B. #Update
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
Cryptocurrency exchange @OKX will delist over 30 trading pairs tied to $BTC and $ETH starting July 25 to optimize liquidity. Affected pairs include $LTC/ETH and $MATIC/BTC. Users must cancel active orders to avoid automatic cancellations. #CryptoNews
