Posted 1 minute ago In ~ Investment manager VanEck has added fuel to the frenzied speculation that the Securities and Exchange Commission could be closer to approving a spot Bitcoin ETF. video Last Friday, social media made fun of the term “Born to.” Bitcoin BTC -1.20% .” The 19-second video came on the same day the asset manager filed an updated Form S-1 with the SEC. dozen The companies appear to be ironing out the final details of their applications with regulators ahead of a final decision deadline next month. VanEck tipped his hat to individual investors in a previous…
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The Avalanche Foundation is expanding its support for meme coins. This move could further increase the popularity of Avalanche, a low-fee, high-throughput blockchain, and support its native coin, AVAX. Avalanche Foundation Supports Meme Coin Foundation acquired X on December 29 said We will continue our Culture Catalyst initiative to encourage meme coin activity, including real-world assets (RWA), non-fungible tokens (NFTs), and more. They continue to aim to promote innovation and promote blockchain adoption by supporting the creation of “new forms of creativity, culture and lifestyles” with this campaign. The Avalanche Foundation believes that meme coins have carved out an important…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is a leader in news and information about cryptocurrencies, digital assets and the future of money. award-winning We are a media outlet that pursues and adheres to the highest standards of journalism. Strict editorial policy. November 2023, Acquired CoinDesk Bullish Group Owner Bullish is a regulated institutional digital asset exchange. The Bullish group owns the majority. Block One; both groups understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent…
Jump Trading plans to pursue a civil trial next year with cryptocurrency company Terraform Labs (Terraform) and the U.S. Securities and Exchange Commission (SEC). The judge ruled that Terraform engaged in the sale of unregistered securities, but new insight may be needed into how Jump Trading acted as a market maker for the company. The judge ruled that Terraform Labs did not engage in an unregistered securities exchange. His request to join Jump Trading came after a whistleblower claimed to know of Jump’s intention to support TerraUSD in May 2021. Judge demands clarity on jump participation If true, it would…
introductionWelcome to the world of eToro, a leading social trading platform offering countless investment opportunities. This guide will show you different ways to make money on eToro for both beginners and experienced investors. Here we’ll look at four key strategies: investing directly in stocks and other assets, selling the market through Contracts for Difference (CFDs), mimicking the trades of seasoned investors, and becoming a profitable hotshot.What is eToro?eToro helps users participate more effectively and informally in financial markets through a variety of products, user-friendly interface, and community-driven approach. Whether you want to trade actively or invest passively, eToro offers a…
The total value locked in decentralized finance protocols has reached a yearly high of $52 billion. This is a level not seen since just days before FTX collapsed in November 2022.The turbulent history that has cast a shadow over the sector following the fall of FTX and other companies such as Terra, Three Arrows Capital and Chelsea, and the fact that the events surrounding these players have created widespread uncertainty about both centralized and decentralized financial protocols. When considered, this resurgence is notable.Both sectors have shown signs of recovery in recent months. For DeFi in particular, since the start of…
VanEck, a prominent investment management firm, has released an interesting new Bitcoin ad that is causing excitement and speculation within the Bitcoin community. This launch comes amid growing anticipation surrounding the possibility of the Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).The ad features high-quality production recorded at PubKey, a Bitcoin bar in New York City. “Every Bitcoin user in New York should make a pilgrimage to New York.public keyIf you haven’t already,” VanEck said.This move by VanEck appears to be a prelude to an imminent decision on the much-anticipated Spot Bitcoin ETF. Industry analysts interpret…
Wyckoff analysis (WA) aims to understand why prices of stocks and other market items move due to supply and demand dynamics. This generally applies to freely traded markets (commodities, bonds, currencies, etc.) where large or institutional traders are active. In this article, we will apply WA to the cryptocurrency Storj ($STORJ) to roughly predict future events. Storj Price Data from MEXC Futures | Source: STORJUSDT.P on tradingview.com. Raw image link: https://www.tradingview.com/x/BGsOkzGM Storj is currently in Phase E of the Wyckoff Deployment Scheme #1. StockCharts says this about Step E in their article about the Wyckoff method: Stage E indicates the…
A top cryptocurrency strategist says one Ethereum (ETH) rival may be setting the stage for another explosive rally. pseudonym trader Bluntz says 233,800 followers on social media platform Bluntz utilizes Elliott Wave theory in technical analysis. This theory attempts to predict future price movements by following herd psychology, which tends to appear in waves. The theory is that bullish assets tend to witness ABC correction waves before igniting the next uptrend. “It’s great to see SOL’s obituary in TL (X Timeline). I’d love to see 20 million hedge tweets from people somewhere vaguely hinting when SOL Turbo reverses to $140.”…
Bitcoin BTC -0.69% Options trading volume is said to have hit record highs ahead of Friday’s month-end, quarter-end and year-end expirations. The Block’s data dashboard.Monthly options trading volume for the largest digital asset by market capitalization has reached an all-time high of over $38 billion across major cryptocurrency derivatives exchanges. This includes $26.7 billion in BTC options trading volume on Deribit and an increase in derivatives trading on OKX and Binance.About $7.7 billion worth of options related to Bitcoin expired on Deribit on Friday, marking a significant milestone for the derivatives exchange. The majority of contracts still outstanding on Deribit…