just alvin December 16, 2024 04:20 BitMEX announced the launch of the VELOUSDT perpetual swap, which offers traders up to 50x leverage. The listing will begin on December 16, 2024, enhancing the trading options on the platform. BitMEX has unveiled a new trading opportunity for cryptocurrency enthusiasts with the launch of the VELOUSDT perpetual swap. According to BitMEX, as of December 16, 2024, traders will be able to engage in trading with up to 50x leverage. This development marks a significant addition to the platform’s derivatives offering and provides users with improved leverage options.…
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partEthereum’s scalability issues: Ethereum’s high usage leads to network congestion and high fees, which are alleviated by layer 2 solutions like Optimism.How Optimism Works: Optimism leverages Optimistic Rollup to process off-chain transactions, improving scalability and efficiency.Key features and benefits: Optimism offers faster transaction speeds, lower gas fees, and an improved user experience.Use cases: Optimism can be used for DeFi interactions on platforms like Uniswap and Aave, seamless gaming transactions with NFTs, and efficient cryptocurrency utilization and management through the self-custodial BitPay Wallet that supports the Optimism Network.Ethereum, a leading platform for decentralized applications (DApps) and smart contracts, faces significant scalability…
Louisa Crawford December 16, 2024 03:30 BitMEX announced the launch of the VELOUSDT perpetual swap, which offers traders up to 50x leverage. The new list will be available from December 16, 2024. Leading cryptocurrency exchange BitMEX will expand its trading services by introducing a new perpetual swap for VELOUSDT. According to BitMEX, the listing, which will list on December 16, 2024 at 04:00 UTC, will allow traders to engage in highly leveraged trading with the opportunity to leverage up to 50x their positions. New opportunities for traders The addition of VELOUSDT to BitMEX’s trading…
Popular cryptocurrency exchange Coinbase is facing a lawsuit from Hong Kong-based BiT Global Digital Limited seeking more than $1 billion in damages. The complaint, filed in the Northern District of California on December 13, accuses an exchange of anti-competitive practices following the decision to delist Wrapped Bitcoin (wBTC).Inside the Latest Lawsuit Against CoinbaseThe allegations focus on the cryptocurrency exchange’s announcement that it would remove wBTC from its platform, a decision BiT Global claims has caused significant financial losses and undermined market confidence in the token. The lawsuit alleges that the delisting was an effort by Coinbase to promote its own…
Deep-pocketed investors are piling up massive amounts of Cardano (ADA) and its leading memecoin as the market has been trading sideways over the past week, an on-chain analyst said. Analyst Ali Martinez told his 98,800 followers on social media platform X that the cryptocurrency whale had accumulated $85.6 million worth of ADA in a matter of days. “Cardano whales purchased over 80 million ADA in 48 hours!” Source: Ali Martinez/X As of this writing, ADA is trading at $1.07. Martinez also said that deep-pocketed investors have bought $64 million worth of large memecoin Dogecoin (DOGE). “Whales purchased an additional 160…
The need for renewable energy has become more urgent than ever. As the world struggles with increasing energy demand and the environmental damage caused by fossil fuels, innovative solutions are essential. Solar energy, a clean and abundant resource, offers tremendous potential, but is still hampered by traditional investment barriers such as high entry costs, geographic restrictions, and lack of access to global investors. Solar Share We are redefining how we finance and access renewable energy projects. Combining blockchain technology with solar energy enables fractional ownership of solar power plants, increasing accessibility, transparency, and efficiency for investment. People can participate in…
contributor Posted on: December 16, 2024 Dormant XRP tokens have been reactivated, providing improved liquidity and renewed investor confidence. The rising taker purchase rate reflects the growing dominance of the bulls in the XRP derivatives market. On December 10, the price of Ripple (XRP) briefly fell below $2, sparking speculation that the extended upward trend may be losing steam. However, a quick 8% bounce in the last 24 hours has reignited optimism. Hidden indicators beyond the surface point to more room for XRP’s rally to grow, signaling that XRP’s bullish momentum is far from over. Here’s how you can drive…
Market analyst Ben Armstrong, popularly known as BitBoy, shares two timelines for when XRP is likely to reach $4.50. Since XRP surpassed the $2 price level in early December, the altcoin appears to be stuck in a range and unable to break above the $2.80 level. XRP bulls failed to keep the altcoin above the $2.0 level, allowing it to briefly revisit its 2021 high of $1.90 before a massive rally to $2.61 on December 9. While XRP rallied to get back above $2.50, sustainability difficulties became apparent as it lost momentum. This has caused XRP to fall slightly…
Holdstation launches AI Agent Launchpad with $2M grant from ZKsync – Chainwire housenewsroomHoldstation launches AI Agent Launchpad with $2 million grant from ZKsync We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications…
Bitcoin (BTC) has recovered significantly from its weekly lows and is hurtling toward an all-time high of $104,088. VanEck expects the cryptocurrency bull market to reach its first peak in the first quarter of 2025. After that, the asset manager expects Bitcoin to fall 30% and altcoins to retrace as much as 60% more sharply. The recovery is expected to begin in the fall, with “major tokens regaining momentum and regaining previous highs by the end of the year.”Another optimistic voice was that of Bitcoin mining industry researcher Danny Marques, who studied Bitcoin’s three previous bull cycles. Marques believes Bitcoin…