Asia • March 3, 2024 11:54 PM EST Posted 1 minute ago In ~ Chinese state-run media outlet Economic Daily published an article on Sunday warning about the risks associated with Bitcoin in the cryptocurrency market. recent rallyAs China continues to ban cryptocurrency trading activities.The state-run newspaper Economic Daily wrote Investors should be “cautious” about Bitcoin-related products and that Bitcoin has not yet entered the mainstream.The article pointed out that while the United States has allowed the listing of physical Bitcoin exchange-traded funds (ETFs), China continues to ban cryptocurrency trading. The article quoted Beijing-based lawyer Xiaosha as saying that a…
Author: Crypto Flexs
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March 4th Why is Bitcoin Rising? Posted at: 01:32h Uncategorized by admin The recent introduction of Bitcoin exchange-traded funds (ETFs) has injected new dynamism into the cryptocurrency market, especially evident in the notable surge in trading volume witnessed this week. Retail traders in particular are using these ETFs to capitalize on Bitcoin’s continued rally, which has pushed the cryptocurrency past $60,000 for the first time since November 2021. New Bitcoin ETF Seems to Have Insatiable Demand for BTC In particular, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) recorded trading volumes that far exceeded expectations, fueling strong…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is award-winning Media outlets covering the cryptocurrency industry. Journalists must: Strict editorial policy. November 2023, Acquired CoinDesk Owner of Bullish Group stress, Regulated digital asset exchange. Bullish Group is majority-owned by: Block One; both companies understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect journalistic independence. CoinDesk offers stock options from the Bullish group as part of their compensation to all employees,…
Scallop Protocol, Sui Network’s leading DeFi platform, successfully raised $3 million in a strategic investment round for expansion. Scallop Protocol, a fast-growing presence in decentralized finance (DeFi), announced the success of a $3 million funding round co-led by CMS Holdings and 6th Man Ventures. The strategic investment round, which kicks off in Q1 2024, saw significant contributions from Kucoin Labs, Blockchain Founders Fund and UOB Venture Management, among others. This latest investment highlights the burgeoning interest and trust in Scallop Protocol’s mission to reimagine lending and borrowing on the Sui Network. Since its mainnet launch in July 2023, Scallop Protocol…
Looking ahead to 2024, Bonk (BONK), Solana (SOL), Shiva Buzz (BUDZ) We are uniquely positioned to not only lead the market in terms of innovation and growth, but also have the potential to create significant wealth for our investors. With a distinct market proposition, technological foundation, and growing community, these cryptocurrencies offer a glimpse into the future of digital finance. For those looking to invest in the next big thing in the cryptocurrency world, Bonk (BONK), Solana (SOL), and Shiba Budz (BUDZ) offer a strong opportunity to become the next cryptocurrency millionaire. The Rise of Bonk (BONK) BONK Solana (SOL)…
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join us telegram A channel to stay up to date on breaking news coverage The cryptocurrency market has been in a sideways trend this week due to bullish and bearish pressure. But today, data from DEXtools shows that the market is gradually breaking out of its sideways trend, giving top trending cryptocurrencies a level playing field. Recent developments in the dynamic world of cryptocurrency have captured the attention of both seasoned and new investors. The leading cryptocurrency has surged past $60,000, sparking optimism among industry experts about a potential new all-time high. DEXTools’ most popular cryptocurrency coins At the same…
The price of Bitcoin surpassed $64,000 at one stage in Asia on Monday morning, down about 7% from the cryptocurrency’s all-time high set in November 2021. The Block’s pricing page. As of 9:30 a.m. Hong Kong time, the world’s largest cryptocurrency by market capitalization was trading at around $63,500, up 3.4% over the past 24 hours. The GMCI 30 index, which measures the performance of the top 30 cryptocurrencies, rose 2.21% in 24 hours to 137.39.According to Coinglass, in the past 24 hours, the liquidation of Bitcoin positions reached $59.27 million, of which short positions amounted to about $38.52 million.…
Bitcoin trading has been very successful, creating numerous profitable moments. However, some people have invested in fake platforms or faced problems such as withdrawals, payments to wrong addresses, etc. We hope these issues will be resolved. Email (email protected) 14158817714
Bitcoin, a popular cryptocurrency, is making headlines for its soaring value and potential for huge returns. Many people flock to invest in Bitcoin to make money quickly and easily. But the truth about Bitcoin is far from what it seems. Here are some reasons why you should avoid investing in Bitcoin: 1. Volatility One of the biggest reasons to avoid investing in Bitcoin is its extreme volatility. The price of Bitcoin can fluctuate significantly within a short period of time, making it incredibly risky for investors. This volatility can lead to huge losses and wipe out all potential profits in…