Blockchain analytics and visualization platform Bubblemaps has announced the launch of a new native token along with the launch of new features aimed at turning investors into investigators. In a new announcement for social media platform “Announcing BMT Official Bubblemaps Token – Supports the upcoming Intel Desk. soon.” Launched in 2021, Bubblemaps visualizes blockchain data by representing digital wallets as interconnected bubbles. It aims to enable users to spot potential red flags, such as concentrated token holdings, which may indicate risk of market manipulation or other signals. Bubblemaps also announced the launch of a new feature called The Intel Desk…
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Caroline Bishop January 15, 2025 05:12 BitMEX announced the launch of RAYUSDT, AIXBTUSDT, and AI16ZUSDT perpetual swaps starting January 15, 2025, offering traders up to 50x leverage. BitMEX, a leading cryptocurrency derivatives platform, will enhance its trading services by introducing new perpetual swap contracts for RAYUSDT, AIXBTUSDT, and AI16ZUSDT. According to BitMEX, starting January 15, 2025, traders on the platform will be able to leverage these contracts up to 50x. new trading opportunities The introduction of these perpetual swap listings marks a significant expansion of BitMEX’s trading portfolio. RAYUSDT, AIXBTUSDT and AI16ZUSDT provide traders…
XRP (XRP) led the broader cryptocurrency market, rising 12% in the last 24 hours, marking a 466% gain since early November 2024.With a quick recovery from the January 3 low of $2.20, analysts say XRP’s price is poised for a double-digit rebound this year.XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP/BTC broke through 8-year resistance.XRP underperformed Bitcoin after its bull cycle in 2017 before regaining ground in late 2024.With the weekly close above 0.000015 in the last week of November 2024, the XRP/BTC pair crossed a multi-year downtrend line. This line has served as resistance for the pair since 2017.XRP/BTC closed the week…
Options trading platform Deribit has attracted the attention of potential buyers and is working with FT Partners to explore strategic opportunities, Bloomberg News reported on January 14, citing people familiar with the matter. The platform has seen a rapid increase in trading activity, with total trading volume nearly doubling to $1.2 trillion in 2024. Starting this year, Deribit will serve institutional clients directly through Dubai-based Deribit FZE, while its Panamanian subsidiary will manage its retail operations. client. FT Partners, initially retained in early 2023 to arrange a secondary share sale for Deribit investors, has expanded its role to include evaluating…
The Tron network has grown as platforms like SunPump continue to expand. Despite Tron’s growth, TRX has struggled to maintain its upward trend, falling 21% in 30 days. Over the past year, the Tron (TRX) network has experienced significant growth and development. Among these developments, SunPump is one of the most significant memecoin projects over the past year. SunPump growth and its importance within Tron According to CryptoQuant analysis, SunPump on the Tron network has become the first platform on the blockchain solely dedicated to the fair launch and trading of memecoins. Source: CryptoQuant Although the project is still in…
With inflation concerns and rising bond yields, analysts warn of significant volatility in cryptocurrency markets surrounding Trump’s inauguration despite his potential cryptocurrency-friendly policies. Donald Trump’s inauguration is less than a week away, and analysts are now bracing for “heightened volatility” in cryptocurrency markets. Singapore-based QCP Capital suggested in a recent report that, as in 2017, President Trump’s actions are already shaking up global markets even before January 20, his official inauguration day. Inflation remains a major concern for the U.S. economy. Job growth exceeded expectations, with non-farm payrolls rising to +256,000 compared to +165,000 expected, but inflation remains a concern.…
Timothy Morano January 15, 2025 06:04 As announced on January 15, 2025, BitMEX has launched a new perpetual swap listing for RAYUSDT, AIXBTUSDT, and AI16ZUSDT, allowing traders to use leverage up to 50x. BitMEX, a leading cryptocurrency exchange, announced the launch of new perpetual swap contracts for RAYUSDT, AIXBTUSDT, and AI16ZUSDT, giving traders the opportunity to leverage up to 50x. This development, effective from 04:00 UTC on January 15, 2025, marks a significant expansion of BitMEX’s trading services. Expand trading opportunities The introduction of these perpetual swaps allows users to take long or short…
Pompliano answered a recurring question yesterday in an X post. What will Donald Trump do as the first Bitcoin president? In the video, Pompliano explains three steps Trump believes are important for the future of cryptocurrency. Pompliano’s Crypto Advice for Trump Anthony Pompliano, founder and CEO of Professional Capital Management, is a well-known supporter of Bitcoin. Yesterday he shared a video via: Here are three things Donald Trump should do for Bitcoin once he takes office: pic.twitter.com/ksqefXgYLP — Anthony Pompliano (@APompliano) January 14, 2025 According to Pompliano, Trump will first issue Employee Accounting Bulletin No. 1. 121 (SAB 121) should…
The motivation behind cryptocurrency mining It’s the money, of course. Cryptocurrency mining is the process of validating transactions on a proof-of-work blockchain network, like Bitcoin or Ethereum Classic. Miners play a crucial role in securing the network and, in return, are rewarded with newly minted coins. Mining began in 2009 when Bitcoin’s creator, Satoshi Nakamoto, mined the very first block using a standard computer. At the time, it was a niche activity accessible to tech-savvy hobbyists. Today, it has transformed into a global industry dominated by specialized hardware, sprawling data centers and a mix of professional operations and casual enthusiasts.At its heart,…
Jessie A. Ellis January 15, 2025 07:09 Conflux (CFX) has launched a bug bounty program to encourage community members to report issues and suggest improvements, offering rewards ranging from 10 to 500 CFX. Conflux (CFX), a public blockchain network designed to facilitate cross-border data and application exchange, announced the launch of its bug bounty program. Launched on January 15, 2025, the initiative aims to improve user experience by inviting community members to report issues and suggest improvements. The program will run until February 15, 2025, according to Conflux Forum. Scope of the bug bounty…