Monday: - zkSync token debuts on exchanges: Project with $458M in investments launched. - Mining company stocks outperform Bitcoin: AI boom drives demand for computational power. - Tether launches Alloy platform: Digital assets created using Tether Gold as collateral.
Tuesday: - Bitcoin falls to $64.4K: Decline in Bitcoin fund investments. - Miners and whales sell Bitcoin: Impact on the market. - Sanctions against Moscow Exchange: Effect on the Russian crypto market.
Wednesday: - Software to combat crypto crimes in Russia: Monitoring suspicious transactions. - US miners reduce operations in summer: Impact on profitability. - Hedge funds reduce Bitcoin holdings: Investment levels back to 2020.
Friday: - Trump receives $2M in Bitcoin: Support from the Winklevoss brothers. - Marathon Digital uses mining to heat a city in Finland: New revenue sources. - Standard Chartered creates crypto trading division: Optimistic Bitcoin forecast.
Standard Chartered Launches Cryptocurrency Trading
Standard Chartered is launching a cryptocurrency trading department, including Bitcoin and Ethereum. This new division will be part of the trading department and will be based in London. The bank also owns stakes in Zodia Custody and Zodia Markets, which provide cryptocurrency storage and trading services. Additionally, in November, it launched the Libeara blockchain division for tokenizing real assets.
The legendary Blockchain Life 2024 will return for its 13th edition on October 22-23. As Dubai gains a reputation as a global crypto hub, the forum is set to be the central event of this year.
With the highly anticipated peak of the crypto market growth still ahead, the forum presents an excellent opportunity for attendees to maximize their earnings.
More than 10,000 people from 120 countries are expected to gather at the forum to explore potential investment opportunities.
🔹Lineup of industry experts, thought leaders, and innovators who will share their insights and strategies.
🔹Innovative expo area where leading companies will showcase their latest products.
🔹VIP ticket holders and speakers will also experience the hours of informal networking at the legendary AfterParty.
Buy a ticket at the lowest price using promo code BRGROUP Presale right now: www.blockchain-life.com
⚡️There are 13 tokens listed on Binance for futures trading but not for spot trading. In the trading volume rankings, only TON and ONDO have large trading volumes.
🚀In just 3 weeks, the number of USDT tokens issued on the TON network has exceeded 230,000,000 tokens — this is the most successful stablecoin launch in Tether's history across all blockchains.
⚡️In May, Binance plans to launch a new spot trading tool that allows users to track and automatically replicate trades from some of the platform's leading traders.
🚀Bitcoin’s fourth halving took place, slashing new coin issuance in half and setting the stage for potential price surges.
Unique this year, Bitcoin reached a new high of $73,000 in March, fueled by the launch of U.S. spot ETFs which now manage over $50 billion — more than 4% of all BTC. Historically, the market tends to peak about a year post-halving before entering a bear phase, each peak outdoing the last.
After the recent Bitcoin halving, transaction fees surged but have now stabilized at $34.8. This followed a peak of $128.45 on halving night, influenced by the launch of the Runes protocol. This pattern of high fee volatility is linked to new tech developments within Bitcoin, causing spikes during periods of intense transaction activity. Keep an eye on this trend for potential future changes. #Bitcoin #CryptoFees #Blockchain
⚡️Tether announced a new company concept "beyond stablecoins" which includes:
Tether Data: a division for developing and investing in emerging technologies. Tether Finance: financial solutions and tokenization. Tether Power: mining operations. Tether Edu: educational initiatives by the company.
🚀Blockchain Life features keynotes, global web3 project showcases, and networking, attracting crypto leaders from 120+ countries. It's a key event for industry growth and collaborations. Our bosses will also be there on April 17th—join us!
⚡️Over the last 7 days, the transaction volume of NFTs on the BTC network has increased by more than 120%. Growth in transaction volumes is also observed in other networks.
📈Bitcoin's price rebounded to over $71k after a dip due to U.S. inflation data. Decentralized exchange tokens faced pressure, notably Uniswap, amid regulatory scrutiny.
After the inflation report, Bitcoin fell to $67.5k but recovered, reaching $71.29k at its peak. The entire crypto market showed resilience, with significant gains across the board🚀
Toncoin surged by 10%, while JasmyCoin led the gains with a 15.5% increase. Uniswap's token price fell 16% following SEC investigation news, sparking debate over the regulation of decentralized financial products. Uniswap's trade volume hit a record $2 trillion since its launch, highlighting its significant market impact.