Author: John Smith
Binance’s updated leverage and margin tiers offer improved trading options for select trading pairs, bringing both potential rewards and risks for crypto traders. The leverage and margin levels for USDⓈ-M perpetual contracts, including DAR, ME, CAKE, IOTA, LPT, ONE, and ZEN, will be updated by Binance Futures today, with effect from 08:15 UTC on Dec. 19, 2024. USDⓈ-M stands for USD-Margined Futures, a type of cryptocurrency futures contract offered on platforms like Binance. It refers to stablecoins such as USDT (Tether) or BUSD (BUSD), which are pegged to the US dollar. These contracts are settled in these stablecoins, rather than…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. TON, Immutable, Ronin—the rise of gaming chains is one of this year’s major web3 stories. The Open Network, Telegram’s “official web3 infrastructure,” is a good example of this success by enabling in-app onboarding and new levels of engagement and reward. TON simply makes it easier for builders to build and players to play, demonstrated by year-defining titles like Notcoin, Hamster Kombat, and BANANA. After starting the year with just over 4M on-chain accounts, TON will finish the…
World Liberty Financial, supported by the family of US President-elect Donald Trump, has exchanged $10 million in Coinbase’s wrapped bitcoin, or cbBTC, for Wrapped Bitcoin. World Liberty Financial has been making moves on-chain, having purchased millions of dollars worth of the cryptocurrency involved in its partnerships or integrations, including Aave (AAVE), Ethena (ENA), and Chainlink (LINK) tokens, all within the last week. Trading volumes with the platform have remained strong despite not publicly stating the swap tokens it replaced. The token swap from World Liberty Financial has given some insight into Chinese-born entrepreneurs’ participation in the crypto world. A ruling…
TK Research found that more than 72% of PENGU holders have sold or moved all their tokens immediately after the launch. This means only 18% are still holding onto their entire token supply. According to data from on-chain analysis firm TK Research, as many as 18.7 billion PENGU (PENGU) tokens have been claimed since the native token was launched, which amounts to 81,4% of its circulating token supply. The native token of the NFT collection Pudgy Penguins was launched officially on Dec. 17, listing on major exchanges such as Binance and OKX. The analysis revealed that 72.33% of holders have…
Hut 8, a Bitcoin mining company, has added 990 Bitcoin to its reserves, spending $100 million to increase its total holdings to 10,096 BTC. The reserve, now valued at over $1 billion, places Hut 8 among the largest corporate Bitcoin (BTC) holders globally. The company purchased the coins at an average price of $101,710, significantly higher than its cumulative acquisition cost of $24,484 per Bitcoin. Hut 8 credits its historically lower average cost to efficient mining operations and strategic acquisitions, as outlined in its press release. This move follows examples set by crypto-focused businesses like Microstrategy and Travala, which have…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are checking out the potential for massive gains with the next big cryptocurrency that could skyrocket like Cardano and Solana. The crypto market is a race to grab onto opportunities before everyone else does. Cardano (ADA) and Solana (SOL) made early buyers considerably more money as they became some of the best cryptos. With this sector back on the rise, another opportunity is showing up: DTX Exchange (DTX), which can also show considerable growth. This phase six presale…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FXGuys presents a new investment opportunity with unique features and a 100x profit potential as top altcoins like SUI and Avalanche consolidate. The top altcoins have entered consolidation zones across platforms, even Sui and Avalanche (AVAX), both of which only just closed down deals to further develop their blockchains. The SUI and AVAX coins have had great runs this year, but their traders are moving to FXGuys (FXG), hoping to flip $100 to $10,000. The new crypto project has…
The Open Network, a blockchain originally developed by Telegram, is now integrated with Dune , a platform for on-chain data exploration. This integration allows developers, analysts, and blockchain enthusiasts to access and study TON’s ecosystem activity through custom dashboards and visual tools. According to a press note shared with crypto.news, Dune’s integration provides insights into TON’s growing ecosystem, according to a press note shared with crypto.news. TON (TON) is a Layer-1 blockchain designed for scalability and ease of use. It employs a sharding mechanism that divides the network into smaller parts to handle transactions efficiently. A Proof-of-Stake consensus mechanism ensures…
It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this week? Bitcoin (BTC), he largest cryptocurrency, was trading at $102,300 on Dec. 19, while Ethereum (ETH) dropped to $3,600. Some of the top laggards were coins like Cosmis, Floki, THORChain, Curve DAO Token, and Fantom. Crypto crashed because of the Fed decision The most important reason why the crypto crash happened is the Federal Reserve decision. The bank decided to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP and Solana battle for dominance, Rollblock emerges as the underdog with moonshot potential, raising $7.3m in its presale. XRP and Solana are embroiled in a dominance battle, with XRP currently holding the upper hand but with many asking if XRP is sustainable. Solana, conversely, has lost ground, but analysts say it’s a temporary blip before Solana rights itself. Either way, it makes for a volatile ride, and experienced traders know that while two big dogs fight it…