A widely known analyst and trader believes the biggest gains in the cryptocurrency bull market are yet to come. Anonymous analyst Kaleo told his 646,300 followers on social media platform X that the strong cryptocurrency rally from October 2023 to March 2024 could be an indicator of what’s to come for the asset class in the coming months. “We’ve only just started this cycle, but there’s already a crazy movement with fun (but eventually a bit boring) memes, fun DApps to keep us busy, and a solid airdrop farm every few months. Around the same time last cycle, decentralized finance…
Author: Crypto Flexs
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Chris Larsen, co-founder and executive director of Ripple Labs, has joined a group of 88 business leaders who are supporting Vice President Kamala Harris in the 2024 U.S. presidential election. The move highlights potential divisions among industry leaders, particularly when it comes to political support within the crypto space. Larsen’s decision to support Harris contrasts with the more conservative stance of other prominent figures in the crypto space, including Ripple CEO Brad Garlinghouse. Ripple’s Political Support and Corporate Influence Larsen’s endorsement of Kamala Harris reflects a broader trend of corporate leaders publicly supporting political candidates whose interests align with theirs.…
James Ding Sep 07, 2024 03:23 Binance Margin expands its services by offering new trading pairs in Cross Margin and Isolated Margin, improving user experience and trading strategies. Binance Margin has announced the addition of new trading pairs to its Cross and Separate Margin platforms to improve trading experience and provide users with greater portfolio diversification. This development is part of Binance’s ongoing efforts to review and expand the list of trading options available on the platform.New trading pairs for cross and isolated marginAccording to Binance, the newly introduced trading pairs will provide users…
index Perhaps the two most popular strategies for generating yield in the DeFi space are staking and yield farming. The mechanisms, risks, and benefits differ in the ability of investors to earn yields or rewards in two unique cases. In this article, we will look at the differences between yield farming and staking and understand the best strategy to achieve your investment goals. We will also introduce StakingBonus, a platform designed to make staking easy to maximize rewards.What is staking?Staking is the process of “locking” cryptocurrency to support blockchain networking activities, typically transaction validation. In return, participants receive staking rewards,…
A bullish divergence has appeared on Arbitrum’s price chart. Market indicators supported the bullish breakout. Last week, several cryptocurrencies faced the wrath of the bears, Arbitrage (ARB) It has turned slightly bullish. However, the story is more about the token as it looks like it is on the verge of breaking out of the bullish pattern, which could lead to double-digit price gains in the coming days and weeks. Will Arbitrum Turn Bullish? CoinMarketCap’s data ARB bulls have shown a slight upward trend in the token price over the past 24 hours. At the time of writing, ARB is trading…
Louisa Crawford Sep 7, 2024 04:06 The SFC has issued a restriction notice to Kingston Securities Limited, freezing customer accounts due to suspicion of misconduct by the company. According to apps.sfc.hk, the Securities and Futures Commission (SFC) has issued a restriction notice to Kingston Securities Limited, freezing customer accounts where the company is suspected of misconduct. Details of the restriction notice The restriction notice was issued as part of an ongoing investigation into potential corporate misconduct. The SFC’s intervention is aimed at preventing the dissolution of assets that may be related to the alleged…
Top 5 Stories of the Week Cryptocurrency gets ‘extremely scary’ as Arthur Hayes predicts Bitcoin weekend will be ‘under $50k’ Crypto market sentiment has turned to “extreme fear” after Bitcoin briefly fell below $56,000, with BitMEX co-founder Arthur Hayes predicting that Bitcoin could fall another 12% to below $50,000 over the weekend. The Crypto Fear & Greed Index, which measures market sentiment and trends and assigns a total score of 100 (representing extremely positive sentiment), recorded a score of 22 on September 6, indicating “extreme fear.” This is a 7-point drop from the previous day, when sentiment was pegged at…
Jessie A Ellis Sep 07, 2024 04:24 According to the BitMEX blog, BitMEX has announced the launch of its quarterly futures product for Q4 2024, scheduled to launch on September 10, 2024. Leading cryptocurrency exchange BitMEX has announced the launch of quarterly futures for Q4 2024. According to the BitMEX blog, the new futures will be available for trading starting September 10, 2024. Details of the new future The announcement states that new quarterly futures contracts will be available next week, providing traders with new opportunities to participate in the cryptocurrency markets. These futures…
telegram’S founder was detained fly ~ in Cybercrime charges. The arrest was triggered controversy ~ on top Right to privacy and Abuse of government power. Pavel Durov now promiseS cooperation With ~ authoritiesBoosting Toncoin’S price. Telegram’s rapid growth has largely been attributed to its positioning as a messaging app essential for free speech. But that commitment was challenged last month when founder Pavel Durov was arrested in Paris on cybercrime charges, including failing to cooperate with law enforcement. The arrest has sparked a heated debate about digital freedom, with some seeing it as yet another example of government abuse of…
Peter Zhang Sep 7, 2024 04:56 Binance Futures announced the launch of USDⓈ Margined NEIRO/ETH perpetual contract, improving trading options with up to 75x leverage. Binance Futures has announced plans to introduce a new USDⓈ margined NEIRO/ETH perpetual contract with up to 75x leverage. According to Binance, the move aims to expand trading options and improve user experience on the platform. Contract Details and Specifications The NEIRO/ETH Perpetual Contract is scheduled to launch on September 6, 2024 at 14:00 UTC. Key features include a maximum funding rate of +2.00% / -2.00% and a funding…