join us telegram A channel to stay up to date on breaking news coverage Asset management titan black stone I corrected the spot Bitcoin We apply ETF (Exchange Traded Fund) to make it easier for Wall Street banks to participate. The revised ETF version allows new shares to be created using cash rather than cryptocurrency. Under the new agreement, banks can also act as authorized participants in ETFs. This would allow large banks like JPMorgan and Goldman Sachs to avoid restrictions that currently prevent them from holding Bitcoin and other cryptocurrencies directly on their balance sheets. A new model was…
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Recently, as soon as the cryptocurrency exchange Binance announced its listing, the price of BRC 20 Sat (1000 SATS) rose as the power supplied through leverage increased. Binance’s futures trading arm, called Binance Futures, has unveiled a new addition: 1000SATS futures trading with fixed leverage of up to 50x.Binance launches 1000SATS futures tradingBinance, the world’s leading Bitcoin exchange, announced the launch of a Sats contract worth 1 penny. Accordingly, Binance Futures Trading will begin trading 1000SATS futures with up to 50x leverage from 17:00 TRT today.Futures Trading at 1000SATSThe funding ratio for 1000SATS futures trading will not exceed 2% in…
Coinbase announced the launch of a non-U.S. spot market for institutional investors. Eligible institutional investors outside the United States will be able to access BTC/USDC and ETH/USDC on the Coinbase International Exchange starting December 14, 2023. The exchange plans to expand its products to individual investors in the coming months. cryptocurrency exchange coinbase Announced expansion of non-U.S. spot market offerings for institutional investors. Coinbase expands non-U.S. spot markets to include institutional investors to presentation Announced on December 13, the US-based cryptocurrency platform said it had launched a Bitcoin and Ethereum spot trading market for qualified institutional customers using Coinbase International…
Bitcoin (BTC) recovered above $41,000 at the Wall Street open on December 13 as attention focused on the U.S. Federal Reserve (Fed).BTC/USD 1-hour chart. Source: TradingViewThe PPI target is achieved just hours before the Fed interest rate change.Data from Cointelegraph Markets Pro and TradingView shows that BTC price strength is gaining momentum in the latest US macro data release.The lower-than-expected producer price index (PPI) in November strengthened the existing narrative of declining inflation. Consumer price index (CPI) data were less encouraging but did not cause new pain for risk assets.“This is the lowest PPI inflation figure since December 2021.” Trading…
Online casinos have been around for many years and have accepted a variety of deposit and payment options, including credit cards and e-wallets. As the world of gambling grows, various online casinos are adopting more convenient, flexible and secure payment options.Cryptocurrency is one of the newest additions to the payment options accepted at online casinos and has become a favorite of many gamers around the world. Personal preference, casino policies, and the availability of different cryptocurrencies all play a role in what cryptocurrency bettors can use when playing at online casinos. To find your favorite online casino games, first find…
On-chain data shows that Shiba Inu whales have been leaving exchanges recently. Here’s what this means for SHIB’s price: Recently, the supply of Shiba Inu on the exchange has plummeted. As the analyst pointed out post In X, the supply of Shiba Inu on the exchange has recently decreased dramatically. “Exchange Supply” means an indicator that tracks the percentage of total Shiba Inu supply held in wallets on all central exchanges. If the value of this indicator goes down, it means that investors are currently transferring a net number of coins from these platforms to self-managed wallets. Typically, the main…
This change may cause some problems as it deviates from the original spirit of cryptocurrencies as an alternative to mainstream finance. However, this is what is causing the excitement again. And it’s not just Wall Street that’s driving this. As BlackRock’s Larry Fink suggested in his “flight to quality” commentary, macro factors such as the potential end to the U.S. rate hike cycle, Middle East tensions and the specter of long-term inflation are pushing investors toward safer harbors, including cryptocurrencies. Isn’t it funny that Fink, who was previously skeptical about cryptocurrencies, is now singing the praises of Bitcoin on national…
The US dollar fell and was last seen at 103.8500 against its peers. The red mark for the US Dollar Index masks the year-to-date percentage change (0.348%). Nonetheless, the U.S. dollar tumbled early, but investors are optimistic that the Federal Reserve could soon announce a pivotal update to the currency. Investors are watching the movements of the US dollar to improve their foreign exchange portfolios. This also applies to traders who may risk losses due to cross-border transactions. Factors potentially driving the U.S. dollar’s downward trend include money supply, government debt, and trade deficit. Impact on financial markets The Federal…
AI-linked cryptocurrency tokens have continued to rally for the week despite the poor performance of major digital assets as warnings were issued ahead of the US Federal Reserve’s (Fed) interest rate decision on Wednesday.Fetch.ai FETs +14.30% Recent developments in artificial intelligence technology have led to a surge in the value of cryptocurrency.Fetch.ai’s native cryptocurrency, FET, is up 15% in the last 24 hours, trading at $0.62 at 10:40 a.m. ET. Fetch.ai focuses on using AI and machine learning to automate business tasks, especially in the areas of data processing and trading. Fetch.ai’s native token, FET, has led a sustained upward…
Luiz Góes, CEO of fintech company LFi, shares his vision for LFi Chain, Ethereum’s layer 2 solution. Here is an overview of the ecosystem and token economics, including LFi, cLFi, and vLFi, with the LFi chain expected to launch in mid-2024. Visionary leadership: Luiz Góes at the forefront of LFi Innovation for a Decentralized Future: Under the leadership of Luiz Góes, LFi (www.lfi.io) has embarked on a journey to redefine the blockchain and fintech space. Góes, a seasoned executive with a strong background in business management and fintech, founded LGbank in 2020. His visionary approach, with a focus on leveraging…