BNB Drops Below 610 USDT with a 3.07% Decrease in 24 Hours
On Nov 15, 2024, 04:43 AM (UTC), according to Binance Market Data, BNB dropped below 610 USDT and is now trading at 609.650024 USDT, with a narrowed 3.07% decrease in 24 hours.
Cryptocurrency Fear and Greed Index Shows Extreme Greed
According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index has dropped to 80 today, down from 88 yesterday. Despite this decrease, the market remains in a state of 'extreme greed.'The Fear and Greed Index is a tool used to measure the emotions and sentiments driving the cryptocurrency market. A reading of 80 still signifies a high level of greed among investors, suggesting that the market is experiencing significant bullish sentiment. This index
Intesa Sanpaolo Expands Digital Asset Division for Crypto Spot Trading
According to PANews, Intesa Sanpaolo SpA, Italy's largest bank, is broadening the scope of its digital asset division to include cryptocurrency spot trading. This move marks a significant step for traditional banks venturing into new markets.The bank established a proprietary cryptocurrency trading division within its corporate and investment banking sector in 2023. Initially, this division focused on trading cryptocurrency options, futures, and exchange-traded funds. Although spot trading has n
According to Foresight News, data from Coinglass reveals that the cryptocurrency market has experienced substantial liquidations over the past 24 hours, totaling $495 million. Of this amount, long positions accounted for $347 million, while short positions made up $148 million.Bitcoin and Ethereum were among the most affected cryptocurrencies, with Bitcoin liquidations reaching $123 million and Ethereum liquidations amounting to $67.39 million. This significant movement in the market highlights
Tokenization of Financial Assets Seen As Future Step by BlackRock CEO
According to PANews, BlackRock CEO Larry Fink has expressed that the tokenization of financial assets represents the next step in the evolution of the financial industry. Fink highlighted that in the future, every stock and bond will possess a unique identification code, similar to a CUSIP, and all transactions will be recorded on a unified ledger. This advancement will also provide investors with exclusive identification.Fink emphasized that tokenization not only serves as an effective measure
According to BlockBeats, recent data monitored by Trader T indicates that on November 15, the United States Ethereum spot ETF experienced a net outflow of $4.03 million. This development marks a notable movement in the financial markets, reflecting investor sentiment and market dynamics surrounding Ethereum investments.The outflow from the Ethereum spot ETF suggests a shift in investor behavior, possibly influenced by broader market conditions or specific factors affecting Ethereum's performance
Hong Kong Exchange to Launch Virtual Asset Index Series in 2024
According to BlockBeats, the Hong Kong Exchanges and Clearing Limited (HKEX) has announced plans to introduce a new virtual asset index series on November 15, 2024. This initiative aims to provide a reliable benchmark price for the rapidly emerging asset class of virtual assets, supporting Hong Kong's ambition to become a leading digital asset hub in Asia.The index series will offer transparent and dependable benchmark pricing for Bitcoin and Ethereum within the Asian time zone, specifically UTC
Michael Saylor Advocates for Bitcoin As Strategic Asset for The U.S.
According to BlockBeats, on November 15, MicroStrategy founder Michael Saylor discussed the historical precedent of the United States acquiring strategic assets. He highlighted past acquisitions such as Manhattan, the Louisiana Purchase, and the 19th-century purchases of California and Alaska, which have collectively generated trillions of dollars in returns for the country. Saylor also mentioned other strategic acquisitions in U.S. history, including gold, oil, grain, and helium.Saylor emphasiz
According to PANews, asset management firm Bitwise has announced that the New York Stock Exchange Arca has filed a Form 19b-4 to list the Bitwise 10 Crypto Index Fund (BITW) as an Exchange-Traded Product (ETP). This move is part of Bitwise's ongoing efforts to convert its $1.3 billion publicly traded trust into an ETP structure. Currently, BITW shares are traded on the OTCQX Best Market.Bitwise highlights that the ETP structure offers several advantages for shareholders, including increased effi
Paradigm Co-Founder Highlights Shift In Bitcoin Adoption Among Sovereign Nations
According to Odaily, Paradigm's co-founder Matt Huang has expressed that the game theory equilibrium regarding Bitcoin adoption by sovereign nations has been disrupted. Huang suggests that sovereign states can no longer afford to ignore Bitcoin. From a game theory perspective, Bitcoin is likened to gunpowder rather than an iPhone. While people may choose not to adopt an iPhone, once gunpowder was discovered, every sovereign nation was compelled to adopt it. This analogy extends to other critical
According to BlockBeats, on November 15, GoPlus Security reported that the official X account of the meme coin WIF, identified as @dogwifcoin, has been compromised. The pinned post on this account, titled 'WIFD Launch,' is not an official release. Users are advised to be cautious of potential phishing scams associated with this unauthorized content.The incident highlights the ongoing risks associated with digital assets and the importance of vigilance in the cryptocurrency community. As phishing
Bitcoin (BTC) Surpasses 88,000 USDT with a Narrowed 2.40% Decrease in 24 Hours
On Nov 15, 2024, 00:11 AM (UTC), according to Binance Market Data, Bitcoin (BTC) crossed the 88,000 USDT benchmark and is now trading at 88,011.992188 USDT, with a narrowed 2.40% decrease in 24 hours.
Bitcoin (BTC) Drops Below 87,000 USDT with a 3.69% Decrease in 24 Hours
On Nov 14, 2024, 11:36 PM (UTC), according to Binance Market Data, Bitcoin (BTC) dropped below 87,000 USDT and is now trading at 86,968 USDT, with a narrowed 3.69% decrease in 24 hours.
BNB Drops Below 620 USDT with a Narrowed 0.15% Increase in 24 Hours
On Nov 14, 2024, 11:28 PM (UTC), according to Binance Market Data, BNB dropped below 620 USDT and is now trading at 619.52002 USDT, with a narrowed 0.15% increase in 24 hours.
Top Interest of the WeekFollowing Bitcoin's breakout above the previous resistance level of $73,500, fueled by the bullish sentiment stemming from Donald Trump's victory in the US presidential election, BTC soared to another new all-time high of 93,265 USDT on our spot market on November 13. During this remarkable four-day period, Bitcoin achieved an impressive 22% increase. However, our team observed that memecoins outperformed significantly, capturing market interest and leading to elevated tr
BNB Drops Below 630 USDT with a Narrowed 2.25% Increase in 24 Hours
On Nov 14, 2024, 22:34 PM(UTC). According to Binance Market Data, BNB has dropped below 630 USDT and is now trading at 629.23999 USDT, with a narrowed narrowed 2.25% increase in 24 hours.
Trump Appoints Jay Clayton As US Attorney For Southern District Of New York
According to Cointelegraph, United States President-elect Donald Trump has appointed Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), as the US Attorney for the Southern District of New York. Trump made the announcement on November 14 through the social media platform Truth Social, where he praised Clayton as a "highly respected business leader, counsel, and public servant." Trump expressed confidence in Clayton's abilities, stating that he will be a "strong Fighter
According to U.Today, BlackRock's Bitcoin exchange-traded fund (ETF) has reached a significant milestone, surpassing $40 billion in total assets. This achievement was accomplished in just 211 days, setting a new record for the fastest growth in the ETF market. Previously, the iShares Core MSCI Emerging Markets ETF (IEMG) held the record, taking 1,253 days to reach a similar milestone. ETF analyst Eric Balchunas highlighted that BlackRock's Bitcoin ETF, known as IBIT, is now among the top 1% of a
Ethereum And XRP Show Distinct Performance Patterns In Cryptocurrency Market
According to U.Today, Ethereum and XRP, two prominent names in the cryptocurrency sector, have exhibited unique market behaviors since their inception. Ethereum, the second-largest cryptocurrency by market capitalization, has not consistently outperformed XRP despite its recent growth and achievements in various sectors. Initially priced much lower, Ethereum has seen a significant price increase, currently trading around $3,200 following a recent surge. In contrast, XRP, which has faced market s
Cardano Foundation Reveals Bitcoin Holdings In 2023 Financial Report
According to U.Today, the Cardano Foundation, a non-profit organization supporting the Cardano blockchain network, has disclosed its Bitcoin holdings in its 2023 Financial Insights Report. This revelation underscores the growing adoption of leading digital assets among major blockchain networks. The report provides a detailed account of the foundation's expenditures across various sectors, including operations, education, and adoption for the year 2023. The foundation allocated a total of $19.22