Trade Crypto Now

23 Jun 2024 17:42

🇬🇧 FCA Cracks Down on Suspects in $1.2B Illegal Crypto Asset Business

Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority (FCA) for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds ($1.2 billion) in the region. According to the Financial Conduct Authority (FCA), a substantial amount of crypto assets has flowed through this cryptoasset business. The FCA emphasized key registration requirements for crypto businesses and issued consumer warnings.

Source

@TradeCryptoNow

Trade Crypto Now

22 Jun 2024 05:31

🪙 Spot Ethereum ETF issuers post fee and seed investment disclosures in latest wave of amended filings

Firms fighting for a foothold in the Ethereum exchange-traded fund market submitted their amended registration statements in the last hours of the workweek. These filings furnished further details on seed investments and fees as they await the Securities and Exchange Commission's final sign-off. BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy and 21Shares filed those amended statements Friday afternoon. So far, two of the issuers have disclosed fees.

Source

@TradeCryptoNow

Trade Crypto Now

20 Jun 2024 06:35

🇩🇪 German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges

A German government agency today moved $425 million in bitcoin (BTC) to another wallet address, Arkham data appears to show, sending some on to crypto exchange deposit wallets and returning some to the starting point. The wallet address, previously identified as belonging to the German Federal Criminal Police Office (BKA) by Arkham, moved 6,500 BTC to the address “bc1q0unygz3ddt8x0v33s6ztxkrnw0s0tl7zk4yxwd” and then back to itself.

Source

@TradeCryptoNow

Trade Crypto Now

19 Jun 2024 07:54

🪙 Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources

Prospective spot Ethereum ETF issuers received comments from the SEC last week regarding their S-1 forms with a deadline of this Friday to get them turned around, according to two sources. While the issuers saw their 19b-4 forms approved in May, they still need the S-1 forms to become effective before trading can begin — a process with no strict deadline. These forms are currently being reworked and sent back to the SEC for further comments before being reworked again until they’re ready.

Source

@TradeCryptoNow

Trade Crypto Now

18 Jun 2024 07:29

JUST IN: 🪙 Tether introduced Alloy, the first Tethered Asset. aUSD₮ is over-collateralised on-chain by Tether Gold XAU₮, merging the dollar utility with the millennial store of value gold

@TradeCryptoNow

Trade Crypto Now

17 Jun 2024 10:52

🪙 Crypto Investments Hit $1 Billion in May With Ethereum Dominating: KuCoin

KuCoin exchange’s research arm released a report on cryptocurrency performance in May, noting $1 billion in new investments – a slight decrease from April. Earlier this week, KuCoin Research published a report indicating that in May alone, the crypto realm saw a public disclosure of about 156 investments. The total amounts invested in the 156 projects summed up to about $1.02 billion.

Source

@TradeCryptoNow

Trade Crypto Now

15 Jun 2024 19:30

💎Discover FlokiCat: Solana's GEM! 💎

🐾 FlokiCat ($FC) is surging! With a $665K market cap and a $1.07M ATH, this 21-day-old project is booming. 📈

🚀 Don’t miss out! If you missed Doge or Shiba's 3000x gains, FlokiCat could be your next big opportunity. Will you ride the wave to 1000x or more? 🚀

🔥 Burns at $200K & $500K—next at $5M! 🔥
💎 Fully doxxed team, regular voice calls, daily active chat.
🌍 800+ Telegram members and 511 token holders! 🌍

📢 Big News: FlokiCat's White Paper is live! 🚀 More than a meme coin, with real-world use cases.

🚀 Coming soon: FlokiCat on US billboards! 🇺🇸✨Marketing and Partnerships on the Way.

💡 Listings:
🔹 Bidget Wallet: Live!
🔹 Jupiter: This weekend!
🔹 CoinGecko: This weekend!
📈 Bullish chart!

🔗 Connect with FlokiCat:
⚫ Telegram: @FlokiCatOnSol
⚫ Twitter: @FlokiCatSol
⚫ Website: FlokiCat.org

Join their journey to Valhalla with 3000x potential! 🌟

🔗 Quickjoin Telegram: /channel/+j_8fn7l0O6thMTli

🚀 Invest in something big. FlokiCat to the moon! 🌙

#advertisement

Trade Crypto Now

13 Jun 2024 07:56

💰 World's Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls 🪙 Ethereum 'Digital Oil'

The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocurrencies in the digital economy and their contributions to technological advancements.

Source

@TradeCryptoNow

Trade Crypto Now

12 Jun 2024 07:31

🇮🇪 Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register

Crypto.com received approval to register as a virtual asset service provider in Ireland, allowing the crypto exchange to operate in the European Union nation. The company was listed on the register as of June 7 under the name Foris DAX, the Central Bank of Ireland's website shows. Crypto.com will now be able to offer crypto-to-fiat exchanges and fiat wallets, the company said in a statement.

Source

@TradeCryptoNow

Trade Crypto Now

11 Jun 2024 07:40

📊 Crypto on ‘slow and steady’ pace to mainstream adoption – Canaccord Genuity

Mainstream adoption of digital assets has been steadily increasing, driven by significant regulatory advancements and rising institutional interest, according to Canaccord Genuity research. According to Canaccord’s research report, the mainstream adoption of digital assets is anticipated to continue driving growth in the sector, with Galaxy Digital well-positioned to capitalize on these evolving trends.

Source

@TradeCryptoNow

Trade Crypto Now

10 Jun 2024 08:46

💰 Bitfinex analysts predict Bitcoin’s bull market top could occur around Q4 2024

Analysts at crypto exchange Bitfinex have predicted that the current bitcoin bull market cycle may peak in the fourth quarter of 2024. "Historical data suggest that bitcoin typically reaches its new all-time high (ATH) several months after the halving event. Therefore, we predict the market top could occur around Q4 2024," Bitfinex analysts claimed in a note sent to The Block.

Source

@TradeCryptoNow

Trade Crypto Now

08 Jun 2024 01:02

💰 The Wall Street Journal releases a video comparing the Bitcoin bull run of 2021 to the current market in 2024

@TradeCryptoNow

Trade Crypto Now

06 Jun 2024 18:34

⚪️ Robinhood set to acquire crypto exchange Bitstamp in potential $200 million deal

Robinhood is set to acquire Bitstamp in a potential $200 million deal designed to better position the crypto and stock trading platform for expansion outside of the U.S. The cash deal is expected to close in the first half of 2025, according to a statement on Thursday, subject to customary closing conditions — including regulatory approvals — Robinhood said. Barclays Capital Inc. served as the exclusive financial advisor to Robinhood, and Galaxy Digital Partners LLC served as the exclusive financial advisor to Bitstamp, according to the statement.

Source

@TradeCryptoNow

Trade Crypto Now

05 Jun 2024 18:37

💰 "Bitcoin has accumulated the most physical power, the most computer power, and the most economic power."

- Michael Saylor

@TradeCryptoNow

Trade Crypto Now

04 Jun 2024 10:34

💰 Bitfarms mining revenue drops 45% to $7 million in first full month after Bitcoin halving

Bitcoin miner Bitfarms released its latest monthly production data, which highlights the Bitcoin halving effect on the company’s bottom line and raises concerns about industry consolidation. In its monthly update, Bitfarms said it earned 156 BTC in May, a 42% drop from the previous month and down 66% year over year. Of that earned, it sold 136 BTC for total proceeds of $8.9 million (down from $16.1 million in April) as part of the company’s regular treasury management process.

Source

@TradeCryptoNow

Trade Crypto Now

22 Jun 2024 22:32

🟠 Nigerian government defends treatment of imprisoned Binance executive after visit from U.S. lawmakers

U.S. lawmakers in recent weeks have called attention to the Nigerian government's treatment of detained Binance executive Tigran Gambaryan, who's been held by the African country since February on charges of money laundering and tax evasion. The Nigerian government, through a statement posted to the X account of its Minister of Information and National Orientation, Mohammed Idris, has called the allegations of poor healthcare "false," asserting that Gambaryan "...has access to quality medical care whenever required" along with consular services from his home government of the United States.

Source

@TradeCryptoNow

Trade Crypto Now

21 Jun 2024 09:46

🥇 Spot ETF basis trades driving 80% surge in CME bitcoin futures open interest, analyst says

Institutional investors are using spot bitcoin exchange-traded funds (ETFs) and the CME bitcoin futures market for basis trades, causing a sharp increase in open interest. "Spot bitcoin ETFs have contributed to an 80% increase in open interest on the CME bitcoin futures market year-to-date," CF Benchmarks lead research analyst Gabriel Selby told The Block.

Source

@TradeCryptoNow

Trade Crypto Now

19 Jun 2024 19:57

🪙 Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest

Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million in seed investment interest.

Source

@TradeCryptoNow

Trade Crypto Now

18 Jun 2024 20:09

💰 US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge

Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22.8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data center ventures.

Source

@TradeCryptoNow

Trade Crypto Now

17 Jun 2024 20:24

🥇 Bitcoin transaction fees will surpass block subsidy predicts Marathon CEO Fred Thiel

Fred Thiel, CEO of Marathon Digital Holdings, shared his insights on several critical aspects of the Bitcoin landscape, focusing on transaction fees, hash rate resilience, and global expansion initiatives. Thiel highlighted the conditions of Bitcoin transaction fees, noting that large payloads requiring prioritization drive higher fees. He emphasized that transaction volume in the mempool is the primary driver, with various value-added services built on top of base transaction fees.

Source

@TradeCryptoNow

Trade Crypto Now

16 Jun 2024 08:10

💰 NiceHash and Marathon partner to launch new firmware for miners

NiceHash, a leading Bitcoin hashing power marketplace, has partnered with Marathon Digital Holdings to introduce new custom firmware for ASIC miners on its platform. The new product, NiceHash Firmware, will leverage Marathon’s technology to enhance the efficiency and revenue of Bitcoin miners using ASIC devices. Miners who adopt this firmware will benefit from a low fee of 2%, which drops to 1.4% if they use NiceHash as their primary mining pool.

Source

@TradeCryptoNow

Trade Crypto Now

15 Jun 2024 17:32

🇺🇸 Crypto exchange Gemini to pay $50 million in settlement with NY attorney general's office

Crypto exchange Gemini agreed to pay $50 million worth of digital assets to Gemini Earn investors as part of a settlement announced by the New York Attorney General on Friday. The settlement comes after NYAG Letitia James said Gemini "misled thousands of investors," including New Yorkers, on risks tied to the Gemini Earn program. Gemini Earn allowed Gemini customers to loan their crypto to now-bankrupt Genesis Global Capital, LLC, and earn up to 7.4 percent APY.

Source

@TradeCryptoNow

Trade Crypto Now

12 Jun 2024 18:07

💰 Glassnode says institutional cash-and-carry trades are influencing US spot bitcoin ETF flows

Glassnode analysts said on Wednesday that a major factor affecting demand-side pressure for U.S. spot exchange-traded funds is institutional traders adopting a cash-and-carry arbitrage strategy. According to analysts, since traders are buying bitcoin spot and immediately hedging it by selling bitcoin futures, this could reduce the immediate upward pressure on the spot price that would otherwise be seen if they were only buying the spot asset.

Source

@TradeCryptoNow

Trade Crypto Now

11 Jun 2024 21:17

💰 Polygon community treasury announces grants program for builders, initially distributing 35 million MATIC

A Polygon community treasury has announced a long-term plan to spur development on the blockchain that involves unlocking 1 billion tokens over a decade. "After community consensus, the Community Treasury has been created, with 1 billion POL unlocked over 10 years, with [approximately] 100 million POL per year, all for builders," the treasury said in an announcement. POL is set to become Polygon's native token, replacing MATIC eventually.

Source

@TradeCryptoNow

Trade Crypto Now

10 Jun 2024 18:37

💰 Short-term holder realized price nears $64,000, signaling Bitcoin uptrend

The Realized Price metric offers a comprehensive overview of the average on-chain acquisition price for the entire Bitcoin circulating supply. By analyzing Short-Term and Long-Term Holder heuristics, we can determine the realized price for different investor cohorts. These coins are the most likely to be spent soon. Conversely, Long-Term Holders (LTH) represent coins not moved within the last 155 days, indicating the least probable coins to be spent.

Source

@TradeCryptoNow

Trade Crypto Now

09 Jun 2024 10:26

🔵 Arbitrum DAO votes to approve $215 million gaming ecosystem fund proposed by Arbitrum Foundation

Arbitrum Foundation, the organization that supports the Ethereum rollup-based Layer 2 network Arbitrum, will get its wish to distribute hundreds of millions of dollars to support gaming projects on the network over the next three years. Organizations that significantly supported the proposal include L2Beat, Wintermute, and gaming-focused Treasure DAO, while Blockworks Research and Camelot DAO numbered among those who voted against.

Source

@TradeCryptoNow

Trade Crypto Now

07 Jun 2024 08:59

🟠 Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of Binance-branded credit cards. Binance Customer Support clarified that the current facilities allow the use of existing payment methods to buy crypto and do not indicate the issuance of a new Binance credit card.

Source

@TradeCryptoNow

Trade Crypto Now

06 Jun 2024 07:39

🇺🇸 SEC Chair Gary Gensler says disclosures not enough to protect crypto exchanges

U.S. Securities and Exchange Commission Chairman Gary Gensler said Wednesday that federal securities agents may continue bringing enforcement actions against crypto exchanges, even if the platforms disclose their products’ risks to retail investors. The companies are also not protected from lawsuits if they publicize “misleading” information that leads traders to pour money into products they otherwise wouldn’t invest in, he said.

Source

@TradeCryptoNow

Trade Crypto Now

05 Jun 2024 13:18

🚀🌟 FlokiCat: Solana's Rising Star! 🌟🚀

🐾 $FC has skyrocketed to a $600K market cap in just 11 days! 📈 Celebrate this rapid success with us and join the revolution!

🔥 Burns Achieved: 1% at $200K & $500K market caps—next burn at $5M! 🔥
💎 Trusted Team: Diamond hands, full transparency, regular voice chats!
🌍 Community-Driven: Over 600 members and growing daily! United in action and vision! 🌍

🔗 Connect with FlokiCat:
⚫ Contract Address (CA): DAt9V3J3Cv959NRVmoENNfrqhTB68g2B6ovU6r9tajrG
⚫ Telegram (TG): @FlokiCatOnSol
⚫ Twitter (X): @FlokiCatSol
⚫ Website (Web): FlokiCat.org

🌟 Join us on our journey towards Valhalla – 1000x potential! 🌟

🔗 Quickjoin Telegram: /channel/+j_8fn7l0O6thMTli

🚀 Invest in something big. FlokiCat to the moon! 🌙

#advertisement

Trade Crypto Now

03 Jun 2024 08:02

🪙 ARK Invest ends partnership with 21Shares on Ether ETF

21Shares has filed an updated application for its Ethereum spot ETF S-1, rebranding the fund from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. Additionally, ARK Invest has ended its partnership with 21Shares and will no longer be involved with the ETF. According to the newly amended Form S-1, there are no updated fees. Despite acknowledging Ethereum’s groundbreaking potential and long-term value.

Source

@TradeCryptoNow