Iris Coleman November 7, 2024 06:44 Binance plans to launch SOLUSDT daily and weekly options on November 12, 2024, providing users with new trading opportunities. These European options offer advanced trading strategies. Binance, a leading cryptocurrency exchange, announced the imminent launch of SOLUSDT daily and weekly options on November 12, 2024 at 08:00 UTC. According to Binance, this strategic introduction aims to enhance trading opportunities for users by offering European-style options contracts. Features of SOLUSDT Options SOLUSDT daily and weekly options are offered as European options and can only be exercised upon expiration. These…
Author: Crypto Flexs
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Solana has overtaken BNB in market capitalization. The price of SOL rose 17%. Trump favored cryptocurrency assets. The shocking Trump landslide is reverberating throughout the cryptocurrency landscape. With Bitcoin hitting record highs, many altcoins are seeing double-digit gains. Solana is one of them, with its stock price soaring more than 17% following the election news. Following the election, Solana surpassed BNB to become the fourth largest cryptocurrency asset. Experts believe Solana is one of the biggest potential beneficiaries of Trump’s favorable stance on cryptocurrencies. Why Solana ranked 4th after the electionSolana gained momentum after former Republican President Donald Trump won…
Bitcoin (BTC) consolidated at $75,000 on November 7 as markets geared up for a new US macro event.BTC/USD 1-hour chart. Source: TradingViewBitcoin Trader Sees “Fundamental Market Shift”BTC price action hit a new record high of $76,480 on Bitstamp before a slight decline, data from Cointelegraph Markets Pro and TradingView showed.BTC/USD continues to enjoy strong demand as the US presidential election wraps up.Popular trader Skew, in his latest analysis of“Strong spot flows today have pushed prices higher with a new ATH and multi-month supply zone ($73,000) and further signs of major changes occurring in the underlying markets,” he wrote.“The fundamental market…
The U.S. Securities and Exchange Commission (SEC) has filed a motion in the U.S. District Court for the Northern District of California to dismiss key defenses presented by Kraken in the ongoing legal dispute between the two.Regulators argued that Kraken received fair notice in advance when it charged the exchange last year with violating securities laws by offering cryptocurrency assets as “investment contracts.” work out Filed on Tuesday.The timing of the SEC’s motion, filed on Election Day, prompted criticism from Kraken’s legal team, which saw it as a tactic to avoid “findings about the SEC’s flawed and inconsistent policies.”The agency…
The cryptocurrency custody business, majority-owned by the world’s 44th-largest bank, is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is in talks to secure about $50 million in funding from investors. According to Julian Sawyer, CEO of Zodia Custody, this capital raising will help fund expansion of the business into new countries and regions while expanding its product line. Zodia Custody currently serves 15 jurisdictions and has offices in London, Dublin, Luxembourg, Sydney, Singapore, Hong Kong and Tokyo. Digital asset managers include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA),…
lawrence jenga November 7, 2024 06:08 According to AssemblyAI’s 2024 Insights Report, AI integration is progressing rapidly across industries as companies leverage advanced technologies to improve operations and customer experiences. As the integration of artificial intelligence (AI) continues to reshape industries, companies are under increasing pressure to adapt and innovate. According to AssemblyAI’s 2024 Insights Report, more than 90% of organizations have already integrated AI into their operations, highlighting the critical role AI plays in maintaining competitive advantage. Driving force behind AI growth The rapid acceleration of AI can be attributed to several factors.…
Bitcoin (BTC) surged 10.5% from November 5 to November 6, reaching a new all-time high of $75,350 after former US President Donald Trump won the 2024 presidential election. Despite recent price fluctuations, the market shows solid foundations supporting continued growth. Bitcoin derivatives highlight a significant improvement in sentiment and the absence of excessive leverage, which is essential for profits above $75,000. Annual premium for Bitcoin 2-month futures. Source: LevitasBitcoin futures premium over the spot market rose to 12%, exceeding the neutral range of 5-10%. Despite this improvement, market data reflects a moderate level of skepticism, especially considering BTC’s new highs…
THORChain fell below the demand zone of $4.5 last month. The quick recovery showed that sellers are not dominant. THORChain (RUNE) is up 17.15% in 24 hours and bullish belief has swept the cryptocurrency world after Bitcoin (BTC) reached an all-time high of $75.4,000 against the US dollar. Monday’s volatility prompted a strong bearish reaction from the markets, but bulls quickly calmed fears of a bearish reversal. The price has risen above the $4.76 level, which is a good sign in the short term, but can an uptrend build from this? THORChain’s bear market structure collapses Source: RUNE/USDT on TradingView…
Caroline Bishop November 6, 2024 18:59 Bitcoin reached an all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge their positions in anticipation of further price movements. Bitcoin (BTC) has reached a new all-time high (ATH) of $75,400, according to Glassnode. This surge comes in the context of the US presidential election, where market sentiment suggests a potential victory for President Trump. The price of the digital currency has surpassed $73,700, entering a new phase of price discovery. increased market activity There have been significant capital inflows into Bitcoin…
According to an announcement on November 6, blockchain analytics firm Arkham Intelligence has launched a cryptocurrency derivatives exchange. The exchange will reportedly target retail traders and compete with established platforms such as Binance. Arkham said in a post on theTrading is scheduled to begin next week, but people in the U.S. will not be able to do so, Arkham said.Source: ArkhamThe cryptocurrency derivatives market is growing explosively, driven primarily by the trading activity of individual investors. According to a report by CCData, cryptocurrency derivatives trading volume surpassed $3 trillion in September. That’s up from about $1.5 trillion a year ago.…