Author: John Smith
Coinbase, the U.S.-based cryptocurrency exchange, has acquired the Cyprus unit of BUX, now rebranded as Coinbase Financial Services Europe. The acquisition grants Coinbase a Cyprus Investment Firm license under the Cyprus Securities and Exchange Commission, allowing it to offer contracts for differences across the European Economic Area, according to Finance Magnetes. CFDs are financial instruments that let traders speculate on asset price movements without owning the underlying assets. This means users can bet on whether an asset’s price will rise or fall. With the new license, Coinbase can expand its services to professional and institutional clients in Europe, marking a…
Virtuals Protocol price suffers harsh reversal as it enters new distribution phase after 52,000% surge. Virtuals (VIRTUAL) token retreated to $4.23 on Friday, down by almost 20% from its highest level this week, in line with our last prediction. The token’s pullback coincided with a broader sell-off within its ecosystem. GAME by Virtuals (GAME), the largest player in the Virtuals Protocol ecosystem, plunged by over 25%, making it one of the top laggards. Luna token also dropped by 12.5%, bringing its market cap to $130 million. Other ecosystem tokens, including Prefrontal Cortex, VaderAI, Olyn, and aixCB, each fell by over…
Two South Korean men have been implicated in a case of price manipulation on the crypto exchange Bithumb. The two men allegedly gained nearly $5 million from manipulating the price of the Fusionist token, ACE. According to a Jan. 3 report on local news media Digital Asset, the Seoul Southern District Prosecutors’ Office’s Virtual Asset Joint Investigation Team arrested 33-year-old CEO of virtual asset operator M, Lee, alongside a former employee of M, Kang, for alleged market manipulation on Bithumb. The pair were charged with price manipulation and violating the South Korean Virtual Asset User Protection Act. Based on the…
Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel. MARA’s December 2024 #Bitcoin Production Update is here:– Energized Hash Rate Increased 15% to 53.2 EH/s– 249 Blocks Won (890 BTC), the Second Most Blocks in a Month on Record– MARAPool’s Hash Rate Grew 168% in 2024,…
Bitcoin futures open interest has gone down to $56.6 billion, after taking a plunge at the start of 2025. Since then, BTC OI has not been able to recover and has reverted to its November ATH. According to data from Coinglass, Bitcoin (BTC) OI has fallen to $56.6 billion on Jan. 3 despite showing signs of recovery just a day prior. On Jan. 1, BTC OI fell to its lowest level in the past two months, only being able to reach a total of $56.03 billion. Earlier today, BTC OI appeared to give traders hope when it reached slightly above…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Remittix emerges as a PayFi innovator, challenging Solana, Ripple, and Shiba Inu with seamless crypto-to-fiat solutions. AI has been quite instrumental as a predictive tool within the financial landscape especially in the crypto space. In a recent attempt to find out the next breakthrough token, AI ranked a few emerging altcoins, including fast-rising presale star, Remittix (RTX) among the tokens with disruptive potential in the crypto market. Specifically, Remittix is gaining widespread attention largely because of its unique attempt…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Media is facing a major crisis, with substantial staff cuts and declining viewership rates. Much of the audience has shifted to social media influencers, like TikTokers and YouTubers, who are amassing huge followings and impacting everything from consumer habits to political decision-making. This trend is particularly evident among Generation Z, who show little interest in traditional news sources. Instead, they favor fast-paced, bite-sized content from influencers. Is legacy media dying, and what should industries, including PR, do…
Ethereum has been in the market for far too long and has a massive adoption among developers and investors. Further, to build on top of the Ethereum blockchain it is essential for developers to own ETH, and for that, they’ll need some of the industry-leading Ethereum wallets. Wallet TypeSecurityPricingTrezor Model OneHardwareFirmware and pin verification along with BIP39 passphrases and U2F hardware token.49 EURCoinbase WalletDigitalProvides privacy settings and provision for biometrics verification.Free to use but network fee applicable.MetamaskDigitalSets password for each instance of Metamask using recovery seed plus non-custodial nature.Gas Fee applicable.FortmaticDigital walletThe private keys are encrypted and stored in AWS’s Key Management…
In this article, we will review the TradeSanta trading bot. TradeSanta is a cryptocurrency trading automation software well-suited for beginners and professional traders. Without making trading your full-time job, you can take advantage of crypto market fluctuations 24/7. How? Take a look! In a nutshell, TradeSanta is a software to connect to top exchanges, such as Binance, Huobi, and implement automated trading strategies on top of them. Also Read: Understanding Cryptocurrency Trading Bots Summary A beginner-friendly interfaceA choice of professional tradersResponsive support teamDCA & Grid BotsLong & Short StrategiesMACD, Bollinger Bands, RSIFree plan available Pros & Cons TradeSanta is an excellent…
Cardano is up by over 10.75% in the last 24 hours, currently sitting at $1.0481 after crossing the $1 mark. This latest price action begs the question of whether Cardano’s 2021 historic bull run can be replicated. Trading volumes for Cardano (ADA) are up by 23% to $1.62 billion, marking a renewed interest in the cryptocurrency. Crossing the $1 mark represents a psychological milestone for ADA after months of trading below this threshold. Why is Cardano’s price rallying? The recent jump in the market price of the token is probably due to both the new upgrades to blockchain technology and an…