The crypto market fell on September 3rd due to the weakness in the US stock market. The sell-off in the crypto market continued on September 4th, but the small positive is that the lower levels are attracting buyers. Trading firm QCP Capital told its Telegram channel subscribers that Bitcoin (BTC) and Ether (ETH) could be entering a period of high volatility.Many analysts believe that the expected rate cut by the US Federal Reserve on September 18 will be positive for risk assets. However, Bitfinex analysts have a different view, as they expect Bitcoin to crash between 15% and 20% after…
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Company • September 4, 2024 12:47 PM EDT Posted 1 minute earlier ~ in The U.S. Securities and Exchange Commission has postponed its deadline to decide whether to approve or reject a proposal combining carbon emissions futures with physical bitcoin. The SEC announced it was postponing its decision until November 21. 7RCC Spot Bitcoin and Carbon Credit Futures ETFat filing Posted on Tuesday. The SEC stated, “The Commission believes it is appropriate to provide a longer period of time to issue an order approving or disapproving a proposed rule change to allow sufficient time to consider the proposed rule change…
Terryl Dickey September 4, 2024 17:21 Binance Futures has announced leverage and margin level updates for several USDⓈ-M and COIN-M perpetual contracts, effective September 4, 2024. Binance Futures has introduced important updates to leverage and margin tiers for several USDⓈ-M and COIN-M perpetual contracts. These changes, effective on September 4, 2024 at 07:30 (UTC), affect a number of trading pairs, including WLDUSDT, MEWUSDT, AVAXUSDT, 1000BONKUSDT, 1000SHIBUSDT, SUIUSDT, BCHUSDT, TONUSDT, DOGSUSDT, AVAXUSD COIN-M. Update Details According to Binance, the updated leverage and margin tiers are designed to improve trading conditions and provide more flexibility for…
Over the past few weeks, there has been a lot of excitement and speculation surrounding World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and criticism, the project’s X account has finally tried to clear the air by revealing new details about its mission. World Liberty Financial (…)
As a beneficiary, you can claim the inheritance if the Vault owner dies or becomes incapacitated. To start and claim the inheritance, follow the steps below.When it comes time to access the inherited digital assets, the beneficiary opens the Vault12 app, selects the Vault to inherit, and activates inheritance. A security message is then sent to the Vault owner, in case the beneficiary actually makes a hasty decision. The owner has a certain period of time (48 hours) to reject the request.Once the vault is ready, the beneficiary is asked to contact the vault owner’s guardian.The guardian is contacted externally…
Transfer 1,075 BTC from the dormant wallet connected to TerraForm Labs to the new wallet. Mr Kwon remains in Montenegro as local courts debate his extradition. Terra’s co-founder may be called to appear at a court hearing in Manhattan later this month. Do Kwon, the former CEO and co-founder of TerraForm Labs, is accused of transferring $62.8 million worth of Bitcoin (BTC) between two cryptocurrency wallets. According to records from blockchain intelligence firm Arkham Intelligence, 1,075 BTC were transferred from a wallet owned by TerraForm Labs.Do Kwon’s long-term stay in MontenegroThis is only the third transaction from that address since…
Popular trader Peter Brandt has warned that Bitcoin (BTC) is taking longer than ever to reach new all-time highs following the recent halving.In a recent analysis for X, Brandt found that Bitcoin’s pre-2021 all-time high still holds when accounting for inflation.Brandt: Bitcoin Suffering from ‘Energy Shortage’BTC price action has disappointed investors and discouraged new investors since the US dollar’s all-time highs recorded in mid-March.Not only has the market not reached the $73,800 level since Brandt pointed out, but it has also been a record amount of time since the latest block subsidy halving in April that the price has not…
Market • September 4, 2024 10:26 AM EDT Posted 1 minute earlier ~ in According to analysts, major cryptocurrencies such as Bitcoin and Ether are likely to see greater price volatility in the near future. “QCP’s Volatility Momentum Indicator (VMI) triggered this morning for both Bitcoin and Ether, indicating that the market is entering a period of heightened volatility,” the QCP Capital analyst said. The signal is direction-independent, meaning it does not indicate spot direction, but it does suggest that there may be more price action in the short term, the analyst added. Analysts at QCP Capital said that based…
According to cryptocurrency tracking site Lookonchain, whale wallets have sold off nearly $100 million worth of Solana (SOL) this year. Lookonchain speculates that the unknown wallet may have belonged to some institution. The cryptocurrency tracking site found that since early 2024, an average of 19,306 SOL (equivalent to about $2.76 million) has been traded each week. That’s 695,000 SOL per year, or $99.5 million. According to Solana blockchain tracker Solscan.io, whales still hold 1.88 million SOL, worth $237.68 million. SOL is trading at $126.28 at the time of writing. The fifth-largest cryptocurrency by market cap is down 7% in the…
Felix Pinkston 04 Sep 2024 14:03 Grayscale Bitcoin Trust (GBTC) files for SEC registration and transitions to NYSE Arca listing amid ongoing market volatility and changing digital asset landscape. Grayscale Bitcoin Trust (GBTC) has formally filed a registration statement with the U.S. Securities and Exchange Commission (SEC), marking a significant step forward for the investment vehicle. This action follows the Trust’s transition to listing on NYSE Arca as an exchange-listed product, effective January 11, 2024. Key details of registration According to Grayscale, the registration statement contains a prospectus for potential investors. This document provides…