Pertains to trading in cryptocurrencies, including strategies, tools, platforms, and trading pairs.
“Spot Ethereum ETFs see $341M outflows in first week, driven by Grayscale fees and lack of staking features. Contrast with $BTC ETFs adoption. Bullish outlook tied to U.S. elections and interest rate cuts. #Ethereum $ETH $BTC #Update”
.@CoinbaseDerivs to launch margined futures for $AVAX, $LINK, $DOT, $XLM, and $SHIB on July 15, regulated by the CFTC. This milestone aims to enhance market accessibility and risk management. #CryptoNews
Hong Kong’s largest online broker, Futu Securities International, launches crypto trading for retail investors, offering incentives like Alibaba and Nvidia shares. Now trading $BTC and $ETH, this move supports Hong Kong’s crypto hub goal. #Update
Rollblock’s presale drew 6,000+ investors, raising $1.5M in liquidity. The no-KYC play-to-earn casino on Ethereum stands out with weekly revenue shares and regular token burns. AVAX and MATIC struggle as Binance delists them. #CryptoNews
Bitcoin approached $70,000 but fell below $67,000 amid warnings of a $2.2B options expiry on Aug. 2. Analysts say leveraged long positions dominate. Despite risks, the market remains in a higher timeframe uptrend. Macroeconomic outlook is cautiously optimistic.
Solana (SOL) surged to $193, its highest since April, amid rising investor confidence. Futures open interest hit $3.25B, the highest since April, and ecosystem fees jumped to $2.13M with 1.22M active addresses. Key events like potential ETF submissions may impact prices further.
Crypto exchange One Trading, backed by Bitpanda, has received an Organized Trading Facility license from the Dutch Financial Markets Authority. This makes it the EU’s only platform for cash-settled perpetual futures on BTC and ETH. The exchange raised €30M in a Series A round.
This week, crypto funding highlights include Riot Platforms’ $92.5M acquisition of Block Mining, NPC Labs’ $18M raise led by Pantera Capital, and Caldera’s $15M to simplify Ethereum rollups. Total VC funding exceeds $210M with other key raises from aPriori, Mezo, and OpenSocial.
Shiba Inu’s Lucie announced that $BONE will be listed on Weex crypto futures exchange on July 31. This aims to boost $BONE adoption and liquidity, despite a 1.09% price increase to $0.4943. Traders sold off after the Shibarium mainnet launch earlier. #CryptoNews
Sen. Elizabeth Warren warns of foreign crypto miners, including Chinese entities, spying on U.S. military bases and risking national security. She calls for stricter oversight and anti-money laundering measures. One example: MineOne Partners Ltd., banned from land near a Wyoming base. #NationalSecurity
Dogecoin (DOGE) sees a 19% rise in futures open interest as its price hits a monthly high, indicating increased trader confidence and potential market liquidity.
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.
