DZ Bank, Germany’s second-largest bank, is set to pilot cryptocurrency trading for cooperative banks. The initiative aims to meet the growing demand from customers seeking direct access to cryptocurrencies. DZ Bank’s move reflects a broader trend of traditional banks embracing digital assets amidst institutional adoption. Germany’s DZ Bank, the country’s second-largest financial institution serving about 700 partner lenders, has announced plans to launch a cryptocurrency trading pilot later this year. The goal of the pilot is to provide customers with direct access to a variety of cryptocurrencies, including Bitcoin, without financial advice. The plan is intended to meet the bank’s…
Author: Crypto Flexs
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Bitcoin prices remained under pressure on February 1, hours after the U.S. Federal Reserve left interest rates steady on January 31. The decline of the world’s most valuable cryptocurrency is unexpected. Recent data suggests analysts expect central banks to significantly cut interest rates from multi-year highs, boosting Bitcoin. Bitcoin’s pain in the short term In a follow-up analysis following this decision, cryptocurrency analyst and economist Alex Krueger believes that while Bitcoin prices will fluctuate in the short term, they will recover in the long term once the Federal Reserve starts lowering interest rates. Related Reading: Bullish Golden Cross Forms on…
The much-anticipated Jupiter (JUP) airdrop took place on Wednesday (January 31). Jupiter, a decentralized exchange integration service built on the Solana blockchain, is attracting attention in the cryptocurrency industry, surpassing Uniswap in terms of trading volume. However, while the airdrop initially increased the value of JUP, controversy ensued. Tom Wan, a researcher at 21.co, the parent company of 21Shares, commented on the scale of the airdrop: Approximately 3.6 billion dollars. Shockingly, 54% of eligible wallets have not yet claimed their JUP, with approximately 378 million JUP unclaimed.” Wan provided insight into the distribution of JUP tokens, revealing that the majority…
Posted 2 minutes ago In ~ Cryptocurrency derivatives and bond trading platform OpenExchange (OPNX) will shut down this month. In a message sent to users shared The OPNX team said on social media platformThe company added that users must settle all positions before 8 AM (3 AM UTC) on February 7, after which the platform will automatically settle all outstanding positions. Users have until February 14 to withdraw funds and export historical data.The OPNX team said, “We are deeply grateful for the dedication and trust of each member of the OPNX community. As we close this chapter, we will move…
Meow, the pseudonymous founder of Jupiter, yesterday heard complaints about the massive JUP airdrop on Solana and claimed critics had it all wrong.“Do you know what I realized? How many people don’t understand anything?” Meow spoke today on Rug Radio’s live “FOMO Hour” about crypto influencers stopping the decline. “They only understand buy/sell.”Solana decentralized exchange (DEX) aggregator Jupiter has launched its largest exchange. airdrop As of Wednesday 2024, a total of 1 billion JUP tokens have been offered. That’s worth more than $700 million at yesterday’s high price. Solana’s network held up and the price of JUP soared, with nearly…
Ethereum price began a new decline below the $2,350 resistance level. ETH is currently testing the $2,240 support and is at risk of further downside. Ethereum began a new downtrend after failing to break above the $2,350 resistance level. The price is trading below $2,300 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming with resistance near $2,300. If it holds above the $2,240 level, it could start a new rally. Ethereum Price Eyes Fresh Increase Ethereum price attempted a new rise above the $2,320 resistance zone. However,…
Binance is launching a new NFT marketplace focused on inscriptions and Bitcoin ordinals. Users can trade and mint inscriptions using self-managed wallets. Binance’s new marketplace supports BRC-20, EVM, and other inscriptions and draws liquidity from UniSat, an ordinal and inscription marketplace. Binance says Bitcoin ordinal has matured Initially, Binance Inscription Marketplace will provide users with access to over 60,000 BRC-20 tokens. New marketplace users can use the self-custodial wallet built into the Binance app. Binance will use the UniSat Marketplace to provide enhanced liquidity to its customers. The cryptocurrency exchange said the launch is timely now that more than 200…
Cryptocurrencies have taken the financial world by storm in recent years, and TittieCoin is poised to become the next leader in digital finance. With its unique approach to blockchain technology and focus on empowerment and inclusion, TittieCoin is changing the game for cryptocurrency enthusiasts and investors alike. What is TittieCoin? TittieCoin is a digital currency that leverages blockchain technology to provide a secure and decentralized financial system. Created with the goal of creating a more inclusive and equitable financial ecosystem, it has gained a strong and dedicated following since its inception. Key Features of TittieCoin Decentralization: TittieCoin is built on…
introduction:Managing and protecting your cryptocurrency investments depends on choosing the right wallet to store your digital assets safely. With so many options available, it is important to consider various factors such as security measures, ease of use, and compatibility when choosing the perfect wallet for your needs. Altcoin Investor has compiled a comprehensive guide introducing the best cryptocurrency wallets to help you protect your assets while providing seamless access and control.Our expert-curated guides detail each wallet’s features, security provisions, and user-friendliness, helping you make an informed choice tailored to your specific needs and preferences. Whether you’re a cryptocurrency newbie or…
Bitcoin has failed to maintain its bullish momentum and looks set to extend its current downtrend. However, the long-term is still positive and BTC could reach all-time highs next month, but in a different way than previous rallies, according to large investors. As of this writing, Bitcoin is trading at $42,000, having lost 1% over the past 24 hours. Last week, the cryptocurrency still recorded a 5% gain. The price of BTC is trending upward on the daily chart. source: BTCUSDT on Tradingview Bitcoin Whale Makes Optimistic Forecasts According to Bitcoin Whale, pseudonym “Joe007” social media x, the cryptocurrency is…