Binance, one of the largest cryptocurrency exchanges in the world, has experienced a significant 40% surge in institutional and corporate investment during 2024, according to CEO Richard Teng. This boost marks a pivotal year for the platform, which has maintained its growth trajectory despite challenges in 2023, including a leadership change and financial penalties. Binance’s…
Bitgert (BRISE) is emerging as a promising cryptocurrency, poised to become the best buy of 2024. With its unique features, innovative ecosystem, and increasing market adoption, Bitgert has gained the attention of investors and crypto enthusiasts alike. Despite the competition in the highly volatile crypto market, Bitgert’s distinct advantages have positioned it as a strong…
HAMBURG, Germany, Sept. 19, 2024 /PRNewswire/ — In a bold move that could redefine how retail investors engage with financial markets, NAGA has launched the world’s first fully integrated trading app within Telegram, tapping into the messaging platform’s 950 million-strong user base. This pioneering step positions NAGA as the first to offer seamless access to…
Recent market volatility surrounding the SEC’s decision on Ether ETF applications has led to a significant surge in Ether liquidations. Traders and investors are closely monitoring the situation as the SEC’s stance on these financial instruments could have lasting impacts on the crypto market. The SEC’s decision-making process regarding Ether ETFs has been a focal…
The Chicago Mercantile Exchange (CME) Group is reportedly planning to launch a spot Bitcoin trading platform. This marks a significant shift for the financial services company, which is best known for its derivatives market offerings, including futures and options contracts for a wide range of asset classes. According to sources, the move is aimed at…
A developer associated with Tornado Cash has been sentenced to over five years in prison for his role in facilitating cryptocurrency laundering operations. The developer, identified as Alexey Pertsev, was found guilty of assisting in the laundering of millions of dollars through the Tornado Cash platform. Tornado Cash, a decentralized protocol, allows users to mix…
In recent market developments, Ether (ETH) has seen a significant rally, sparking widespread optimism among investors regarding the potential approval of an Ether-based Exchange Traded Fund (ETF). This surge comes in the wake of increasing speculation that regulatory bodies may soon greenlight such financial products, which would provide a more accessible avenue for institutional and…
The Securities and Exchange Commission (SEC) has recently approved the first spot Ether (ETH) exchange-traded funds (ETFs), marking a significant milestone in the cryptocurrency market. This move is expected to have substantial implications for both investors and the broader financial markets. Spot ETFs are a type of exchange-traded fund that holds the actual underlying asset,…
The cryptocurrency market witnessed significant movements today, with various digital assets experiencing notable price changes. Bitcoin (BTC), the largest cryptocurrency by market capitalization, saw a surge as it broke through key resistance levels. This upward momentum is attributed to renewed investor confidence and positive market sentiment. Ethereum (ETH), the second-largest cryptocurrency, also experienced an upward…
MicroStrategy (NASDAQ:MSTR), a business intelligence firm, has announced plans to raise $500 million to purchase additional Bitcoin. This move underscores the company’s commitment to cryptocurrency, a strategy it has been pursuing aggressively. The company revealed its intention to issue senior secured notes due in 2028 in a private offering to institutional buyers. The proceeds from…