Wed, June 19, 2024

Crypto market

Advanced trading tools

Advanced Futures Trading: A Comprehensive Guide

Futures trading represents an intricate yet highly rewarding segment of financial markets, offering traders and investors unique opportunities to speculate and hedge. This article aims to demystify futures trading by exploring its definition, types, key takeaways, mechanics, and differences from options. Definition of Futures Trading Futures are binding contracts that oblige the purchase or sale …

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crypto, jasmycoin

JasmyCoin Rises 7.35%, Forms Bullish Pattern

Quick Look: JasmyCoin reached $0.024, the highest since April 28, indicating renewed investor interest. JASMY dropped to $0.015 in May but rebounded, correlating with Bitcoin’s decline. JASMY’s price rose 7.35% to $0.0230, with a 164.74% increase in trading volume. Over the weekend, the price of JasmyCoin held steady amid improving sentiment in the broader crypto …

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Trump Vows to Free Ross Ulbricht if Re-Elected in 2024

Quick Look: Trump promises to commute Ross Ulbricht’s life sentence if re-elected. Silk Road, a darknet marketplace, operated from 2011-2013, primarily selling drugs. Trump endorses cryptocurrency, contrasting Biden’s stance, and accepts crypto donations. On 25th May 2024, Donald J. Trump made a significant pledge during a convention, promising to commute the life sentence of Ross …

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BODEN crypto

White House Will Not Veto Crypto Bill: Industry Win

Quick Look: Despite initial opposition, the Biden administration will not veto the FIT21 crypto bill. The bill passed in the House with bipartisan support, including 71 Democrats. The White House signals readiness to work with Congress on balanced digital asset regulation. The Biden administration announced today that it will not veto the highly contentious crypto …

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cryptos - NEO, railgun, dogwifhat, bonk

BONK Surges 30% to $0.000034, Market Cap Hits $2.3B

Quick Look: BONK is priced at $0.000034, up 30% in the past week, with a market cap of $2.3 billion. Coin surpassed its 50-day EMA and showed a bull flag pattern, with near-term targets of $0.000045 to $0.000050. Prominent voices in the crypto community have weighed in on BONK’s prospects. CryptoBoss, a well-regarded analyst with …

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Crypto lock, web3, worldcoin

Worldcoin Faces Hong Kong Probe for Privacy Violations

Quick Look: Worldcoin violated data privacy rules, excessively retaining biometric data and lacking transparency. An enforcement notice demands that Worldcoin stop collecting biometric data. Undercover operations found over 8,000 scans. Concerns about Worldcoin’s viability due to devaluation and upcoming token unlock, risking $50 million daily sell pressure. The Office of the Privacy Commissioner for Personal …

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Hamster Kombat: 8M Users Fuel Telegram’s Crypto Gaming

Quick Look: Hamster Kombat gained 8 million users in four weeks, with 2.8 million daily active users. The game encourages players to share and recruit friends, driving viral growth. Uses Telegram’s Layer-1 Blockchain, TON, enhancing the gaming experience with real-time incentives. Telegram has solidified its position as a key player. Originating in 2013, when Nikolai …

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Coinbase Closes for Four Weeks - Staff Recharge

Coinbase Falls to $202.49 as CME Eyes Spot Bitcoin Mark

Quick Look: Coinbase shares fell nearly 8% to $202.49 amid CME’s potential entry into spot bitcoin trading. CME, a major bitcoin futures exchange, is exploring spot bitcoin trading, posing competition to Coinbase. Despite Coinbase’s dip, the CoinDesk 20 Index rose by 0.91%, with Bitcoin up 0.5%. Spot bitcoin ETFs saw over $50 billion in investments …

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Cryptocurrencies, bittorrent

Senate Votes 60-38 to Repeal SEC’s Crypto Policy

Quick Look: The Senate voted 60-38 to repeal SEC’s SAB 121, following a House vote of 228-182. President Biden plans to veto, citing investor protection and financial stability concerns. Repeal supported by 12 Democrats and 48 Republicans in the Senate, showing a significant partisan split. The U.S. Senate has voted to repeal the Securities and …

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crypto coins, floki

Floki Token Jumps 17% to $0.0001883 Amid Market Surge

Quick Look: Floki (FLOKI) surges by 17% in 24 hours, reaching $0.0001883, with a target of $0.00020. Technical indicators show bullish trends, with MACD near zero and RSI at 47.5. Market dynamics saw a 55.85% increase in trading volume; total derivatives volume was up by 91.90%. Floki (FLOKI) has experienced a substantial surge, recording a …

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bitcoin

Bitcoin Falls to $57,000, Market Shrinks by 2.3%

Quick Look: Bitcoin and Ethereum prices fell by 3% and 1.5%, respectively, amid broader market corrections. Market liquidations reached $145 million, with Bitcoin accounting for $40 million. The GM 30 Index, reflecting the health of global cryptocurrencies, dropped by 2.98%. In the past 24 hours, the cryptocurrency market has witnessed significant price adjustments, with major …

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, near

NEAR Protocol Jumps 35.86% in a Week to $7.4 Amid AI Optimism

Quick Look: NEAR Protocol sees a strong price rally, currently trading at $7.4 after a 35.86% weekly increase. Key support levels are at $6.00, with potential declines to $5.13 if breached. A recent keynote emphasized AI and Web3 integration, highlighting the need for open-source AI for innovation. The NEAR Protocol has registered a striking price …

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Crypto - luna, bonk

BONK Burns 278 Billion Tokens; Solana Enhances Network

Quick Look: Bonk DAO has burned 278 billion BONK tokens to increase scarcity and value. The Solana network has implemented updates to reduce congestion, potentially boosting memecoin values. Following these moves, BONK’s market value surged by 35%, with a 304% increase in trading volume. The cryptocurrency arena has seen significant turbulence and triumph this April. …

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cryptocurrency - avalanche, celestia and others, mog coin, netcoin

Celestia’s Financial Performance Post-Mina Partnership

Quick Look: Celestia’s token fell by 3.55% today, part of a 15.82% monthly decline. Recent price volatility was noted, with a peak at $20.85 and a sharp retracement. Announced a strategic partnership with the Mina Foundation to boost Zappos. Celestia witnessed a notable decline in its trading price today amidst broader market movements and significant …

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SHIB

SHIB Market Resilience: A Detailed Analysis Amidst Volatility

Quick Look: SHIB’s price is stable at $0.000024, resisting broader market volatility. There’s a 71.4% increase in whale transaction frequency, with a significant reduction in volume, suggesting cautious trading. Market analysts remain optimistic, forecasting a potential rise to $0.000030, buoyed by strong holding patterns and cold storage transfers. In the volatile cryptocurrency world, Shiba Inu …

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