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Binance Lists UXLINK Perpetual Futures With Up to 75x Leverage TradingBinance, a prominent player in the cryptocurrency exchange landscape, has announced the listing of UXLINK perpetual futures with leverage of up to 75x. This new offering goes live on September 16, at 00:00 (UTC), enabling traders to speculate on the future price of UXLINK with amplified potential returns. However, it is imperative for traders to approach leveraged trading with prudence and sound risk management strategies. As stated by CoinMarketCap, UXLINK is currently valued at $0.3965 with a 21.66% upward movement. The introduction of leveraged trading provides traders with the ability to multiply their potential gains, while also amplifying potential losses. Therefore, it is crucial for traders to possess a comprehensive understanding of the risks involved.

Binance Lists UXLINK Perpetual Futures With Up to 75x Leverage Trading

Binance, a prominent player in the cryptocurrency exchange landscape, has announced the listing of UXLINK perpetual futures with leverage of up to 75x. This new offering goes live on September 16, at 00:00 (UTC), enabling traders to speculate on the future price of UXLINK with amplified potential returns. However, it is imperative for traders to approach leveraged trading with prudence and sound risk management strategies. As stated by CoinMarketCap, UXLINK is currently valued at $0.3965 with a 21.66% upward movement. The introduction of leveraged trading provides traders with the ability to multiply their potential gains, while also amplifying potential losses. Therefore, it is crucial for traders to possess a comprehensive understanding of the risks involved.
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[Coinness Community] This week's popular items BEST 8Here are some of the most popular listings from the Coinness community this week. 1. The trend has been broken on the chart, now it's skyrocketing - Views: 8,291 - Likes: 25 - Dislikes: 8 - Comments: 62 2. Pay attention, the greatest bull market of all time has begun - Views: 7,203 - Likes: 20 - Dislikes: 17 - Comments: 67 3. The reason why 8~90% lose and only 10% gain - Views: 5,372 - Likes: 24 - Dislikes: 4 - Comments: 46 4. Applying charts to news - Views: 4,831 - Likes: 32 - Dislikes: 4 - Comments: 40 5. Chart analysis... - Views: 4,235 - Likes: 23 - Dislikes: 3 - Comments: 92 6. I think it's okay to gradually accumulate alts - Views: 3,532 - Likes: 34 - Dislikes: 2 - Comments: 28 7. cpi, leaving aside the discussion, it's an obvious result - Views: 3,154 - Likes: 22 - Dislikes: 8 - Comments: 42 8. I confessed to my mom that I lost money with coins - Views: 2,027 - Likes: 24 - Dislikes: 3 - Comments: 34

[Coinness Community] This week's popular items BEST 8

Here are some of the most popular listings from the Coinness community this week. 1. The trend has been broken on the chart, now it's skyrocketing - Views: 8,291 - Likes: 25 - Dislikes: 8 - Comments: 62 2. Pay attention, the greatest bull market of all time has begun - Views: 7,203 - Likes: 20 - Dislikes: 17 - Comments: 67 3. The reason why 8~90% lose and only 10% gain - Views: 5,372 - Likes: 24 - Dislikes: 4 - Comments: 46 4. Applying charts to news - Views: 4,831 - Likes: 32 - Dislikes: 4 - Comments: 40 5. Chart analysis... - Views: 4,235 - Likes: 23 - Dislikes: 3 - Comments: 92 6. I think it's okay to gradually accumulate alts - Views: 3,532 - Likes: 34 - Dislikes: 2 - Comments: 28 7. cpi, leaving aside the discussion, it's an obvious result - Views: 3,154 - Likes: 22 - Dislikes: 8 - Comments: 42 8. I confessed to my mom that I lost money with coins - Views: 2,027 - Likes: 24 - Dislikes: 3 - Comments: 34
5 Must-Catch Airdrop Events of the Week5 Must-Catch Airdrop Events of the Week Hello, airdrop enthusiasts! As the cryptocurrency market continues to evolve, so do the opportunities for earning free tokens. This week, we've compiled a list of 5 popular airdrops that you won't want to miss! 1. CoinNix Telegram Integration Participation period: To be announced 2. Airdrop2049 Project Social Mission Accomplishment Participation period: To be announced 3. Space Maverick Telegram Game Play Participation period: 2024.09.03 ~ 4. Sidekick Telegram Integration Participation period: To be announced 5. SaltApp Smartphone Shaking * Participation period: To be announced Don't miss out on these exciting opportunities to earn free crypto! Be sure to check the official channels of each project for more details and participation requirements.

5 Must-Catch Airdrop Events of the Week

5 Must-Catch Airdrop Events of the Week Hello, airdrop enthusiasts! As the cryptocurrency market continues to evolve, so do the opportunities for earning free tokens. This week, we've compiled a list of 5 popular airdrops that you won't want to miss! 1. CoinNix Telegram Integration Participation period: To be announced 2. Airdrop2049 Project Social Mission Accomplishment Participation period: To be announced 3. Space Maverick Telegram Game Play Participation period: 2024.09.03 ~ 4. Sidekick Telegram Integration Participation period: To be announced 5. SaltApp Smartphone Shaking * Participation period: To be announced Don't miss out on these exciting opportunities to earn free crypto! Be sure to check the official channels of each project for more details and participation requirements.
CATtizens Surpasses $9 Million in Total Deposits in 'Stake to Earn' LaunchCATtizens, a Telegram-based AI-powered cat-è‚Č成 mini-game, announced that the total deposits in its 'Stake to Earn' feature surpassed 11 million CATI(approximately $9 million, according to OKX pre-market prices) within a day of its launch on the official channel. The official channel also stated that the number of staking participants exceeded 610,000. The 'Stake to Earn' feature allows CATtizens players to stake their CATI tokens and earn rewards in the form of additional CATI tokens. The feature is designed to encourage long-term holding of CATI tokens and to reward players for their participation in the CATtizens ecosystem. The launch of the 'Stake to Earn' feature has been met with positive feedback from the CATtizens community. Many players have expressed their excitement about the opportunity to earn rewards for staking their CATI tokens and have praised the feature for its simplicity and ease of use. The success of the 'Stake to Earn' feature is a testament to the growing popularity of CATtizens. The game has attracted a large and active community of players and has quickly become one of the most popular Telegram-based games. The launch of the 'Stake to Earn' feature is likely to further increase the popularity of CATtizens and to attract new players to the game.

CATtizens Surpasses $9 Million in Total Deposits in 'Stake to Earn' Launch

CATtizens, a Telegram-based AI-powered cat-è‚Č成 mini-game, announced that the total deposits in its 'Stake to Earn' feature surpassed 11 million CATI(approximately $9 million, according to OKX pre-market prices) within a day of its launch on the official channel. The official channel also stated that the number of staking participants exceeded 610,000. The 'Stake to Earn' feature allows CATtizens players to stake their CATI tokens and earn rewards in the form of additional CATI tokens. The feature is designed to encourage long-term holding of CATI tokens and to reward players for their participation in the CATtizens ecosystem. The launch of the 'Stake to Earn' feature has been met with positive feedback from the CATtizens community. Many players have expressed their excitement about the opportunity to earn rewards for staking their CATI tokens and have praised the feature for its simplicity and ease of use. The success of the 'Stake to Earn' feature is a testament to the growing popularity of CATtizens. The game has attracted a large and active community of players and has quickly become one of the most popular Telegram-based games. The launch of the 'Stake to Earn' feature is likely to further increase the popularity of CATtizens and to attract new players to the game.
Korean Investors See Gensler's Job Safe Even if Biden Wins38.5% of Korean investors believe Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), will keep his job even if Vice President Kamala Harris wins the November presidential election. This is according to a weekly survey on domestic investor market trends conducted jointly by cryptonewsterminal and Cratos. The survey also found that 36.0% of respondents expected Bitcoin to rise or surge next week, while 43.0% expected sideways movement, and 21.0% expected a decline or a sharp decline.

Korean Investors See Gensler's Job Safe Even if Biden Wins

38.5% of Korean investors believe Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), will keep his job even if Vice President Kamala Harris wins the November presidential election. This is according to a weekly survey on domestic investor market trends conducted jointly by cryptonewsterminal and Cratos. The survey also found that 36.0% of respondents expected Bitcoin to rise or surge next week, while 43.0% expected sideways movement, and 21.0% expected a decline or a sharp decline.
This Week's Top Trending Keywords on CoinnisThis week (9/6~9/12), according to Coinnis, the most popular search terms were: XRP (18986) BTC (14684) SOL (5109) POL (4750) ETH (4737) STX (3244) SUI (2709) MERL (2311) UXLINK (2211) BIGTIME (2185) Meanwhile, the top trending coins based on mention count were: BTC (1061) ETH (302) XRP (249) SOL (74) POL (36) STX (35) DOGE (32) ONDO (27) SUI (26) UXLINK (20) Coinnis, a popular website for cryptocurrency-related information, tracks search terms and mentions to determine the most popular and trending keywords and coins within the industry. This data can be valuable for investors and traders seeking to stay informed about the latest market trends.

This Week's Top Trending Keywords on Coinnis

This week (9/6~9/12), according to Coinnis, the most popular search terms were: XRP (18986) BTC (14684) SOL (5109) POL (4750) ETH (4737) STX (3244) SUI (2709) MERL (2311) UXLINK (2211) BIGTIME (2185) Meanwhile, the top trending coins based on mention count were: BTC (1061) ETH (302) XRP (249) SOL (74) POL (36) STX (35) DOGE (32) ONDO (27) SUI (26) UXLINK (20) Coinnis, a popular website for cryptocurrency-related information, tracks search terms and mentions to determine the most popular and trending keywords and coins within the industry. This data can be valuable for investors and traders seeking to stay informed about the latest market trends.
Grayscale's GBTC Records Lowest Bitcoin ETF Outflow in 3 MonthsGrayscale's Bitcoin Investment Trust (GBTC) experienced its lowest weekly outflow in the past three months, marking a significant drop in selling pressure. According to blockchain analytics firm ARKAM, the outflow amounted to approximately $27.2 million. This recent outflow is notably 95% lower than the average weekly outflow for GBTC. It also represents the lowest outflow since early June, when the fund witnessed an outflow of $5.7 million. These metrics suggest a potential shift in investor sentiment towards the cryptocurrency market. The reduction in GBTC outflows could indicate a growing interest in holding Bitcoin as a long-term investment. Despite recent market volatility, institutional investors may be recognizing the potential of digital assets as a hedge against inflation and economic uncertainty. Overall, the decreased outflows from GBTC offer insights into the evolving investment landscape for Bitcoin and the broader cryptocurrency market.

Grayscale's GBTC Records Lowest Bitcoin ETF Outflow in 3 Months

Grayscale's Bitcoin Investment Trust (GBTC) experienced its lowest weekly outflow in the past three months, marking a significant drop in selling pressure. According to blockchain analytics firm ARKAM, the outflow amounted to approximately $27.2 million. This recent outflow is notably 95% lower than the average weekly outflow for GBTC. It also represents the lowest outflow since early June, when the fund witnessed an outflow of $5.7 million. These metrics suggest a potential shift in investor sentiment towards the cryptocurrency market. The reduction in GBTC outflows could indicate a growing interest in holding Bitcoin as a long-term investment. Despite recent market volatility, institutional investors may be recognizing the potential of digital assets as a hedge against inflation and economic uncertainty. Overall, the decreased outflows from GBTC offer insights into the evolving investment landscape for Bitcoin and the broader cryptocurrency market.
SEC's Overreach and Abuse Costs XRP Retail Investors Over $15 Billion, Demands ApologyAccording to Cointelegraph, pro-crypto attorney and Massachusetts Senate candidate John E Deaton stated on his Twitter that “Because of the SEC’s egregious overreach & abuse, #XRP retail investors have suffered losses exceeding $15 BILLION. Not one of the 75k small investors I represent will accept an apology from the SEC. They must be held accountable.” Deaton further highlighted that 627 XRP holders reside in Massachusetts. He contacted the SEC on behalf of his constituents to follow the law and clarify that the XRP token itself is not a security. However, the SEC lawyers refused and attacked him personally. Ultimately, Judge Analisa Torres agreed with Deaton's arguments. Deaton claims that the SEC lawyers prioritize winning rather than adhering to the law. In the ongoing XRP case, Deaton represents investors pro bono. He stated that if the SEC declines to issue a public apology, he will hold them accountable once he enters the Senate. ---

SEC's Overreach and Abuse Costs XRP Retail Investors Over $15 Billion, Demands Apology

According to Cointelegraph, pro-crypto attorney and Massachusetts Senate candidate John E Deaton stated on his Twitter that “Because of the SEC’s egregious overreach & abuse, #XRP retail investors have suffered losses exceeding $15 BILLION. Not one of the 75k small investors I represent will accept an apology from the SEC. They must be held accountable.” Deaton further highlighted that 627 XRP holders reside in Massachusetts. He contacted the SEC on behalf of his constituents to follow the law and clarify that the XRP token itself is not a security. However, the SEC lawyers refused and attacked him personally. Ultimately, Judge Analisa Torres agreed with Deaton's arguments. Deaton claims that the SEC lawyers prioritize winning rather than adhering to the law. In the ongoing XRP case, Deaton represents investors pro bono. He stated that if the SEC declines to issue a public apology, he will hold them accountable once he enters the Senate. ---
Arthur Hayes Withdraws $273,000 Worth of ATH from BybitAccording to blockchain analytics firm Arkham Intelligence (ARKM), an address believed to belong to BitMEX co-founder Arthur Hayes withdrew 4,768,000 ATH from Bybit at approximately 9:20 pm on the 14th. Based on the price at the time of withdrawal, this represents approximately $273,000. The address currently holds 45,780,000 ATH, worth approximately $2.61 million, making it the third-largest whale in terms of ATH holdings. Hayes' family office is known to be one of the investors in Ether (ATH).

Arthur Hayes Withdraws $273,000 Worth of ATH from Bybit

According to blockchain analytics firm Arkham Intelligence (ARKM), an address believed to belong to BitMEX co-founder Arthur Hayes withdrew 4,768,000 ATH from Bybit at approximately 9:20 pm on the 14th. Based on the price at the time of withdrawal, this represents approximately $273,000. The address currently holds 45,780,000 ATH, worth approximately $2.61 million, making it the third-largest whale in terms of ATH holdings. Hayes' family office is known to be one of the investors in Ether (ATH).
Cryptocurrency Worth Over $1 Billion to Play Major Role in Upcoming US ElectionOver $1 billion worth of cryptocurrency is expected to be directly or indirectly involved in the forthcoming US presidential and congressional elections in November, according to a report by cryptocurrency news outlet BeInCrypto. This represents a significant increase from previous elections, with cryptocurrency industry donations now outpacing those from traditional industries. One of the most notable changes in the way cryptocurrency is involved in elections is the rise of decentralized prediction platforms like Polymarket. These platforms allow users to bet on the outcome of elections using cryptocurrency, and have seen a surge in activity in recent months. For instance, over $895 million in cryptocurrency has been allocated to bets on the winner of the presidential election on Polymarket, while $200 million has been bet on the winner of the popular vote. In addition to direct political contributions and prediction platforms, crypto-themed meme coins tied to politicians and the election have also seen significant growth in recent months. The combined market capitalization of these coins has surpassed $440 million. The increasing involvement of cryptocurrency in elections is a sign of the growing mainstream acceptance of digital assets. It is also a reflection of the growing influence of the cryptocurrency industry, which is now a major player in the global financial landscape.

Cryptocurrency Worth Over $1 Billion to Play Major Role in Upcoming US Election

Over $1 billion worth of cryptocurrency is expected to be directly or indirectly involved in the forthcoming US presidential and congressional elections in November, according to a report by cryptocurrency news outlet BeInCrypto. This represents a significant increase from previous elections, with cryptocurrency industry donations now outpacing those from traditional industries. One of the most notable changes in the way cryptocurrency is involved in elections is the rise of decentralized prediction platforms like Polymarket. These platforms allow users to bet on the outcome of elections using cryptocurrency, and have seen a surge in activity in recent months. For instance, over $895 million in cryptocurrency has been allocated to bets on the winner of the presidential election on Polymarket, while $200 million has been bet on the winner of the popular vote. In addition to direct political contributions and prediction platforms, crypto-themed meme coins tied to politicians and the election have also seen significant growth in recent months. The combined market capitalization of these coins has surpassed $440 million. The increasing involvement of cryptocurrency in elections is a sign of the growing mainstream acceptance of digital assets. It is also a reflection of the growing influence of the cryptocurrency industry, which is now a major player in the global financial landscape.
CATIZEN's Airdrop Claims and Staking UnveiledCATIZEN (CATI), the AI-powered cat-breeding Telegram mini-game, has announced its Airdrop claim amounts and the launch of its "Stake to Earn" feature. CATIZEN has revealed that upon the token release (TGE), all tokens will be distributed to the community, with no team tokens unlocked. The remaining 5% of tokens will support liquidity. In addition, CATIZEN's "Stake to Earn" service enables users to stake CATI tokens and earn rewards. Notably, CATI has emerged as the most valued cryptocurrency within the Telegram Open Network (TON) ecosystem, as indicated by the OKX premarket.

CATIZEN's Airdrop Claims and Staking Unveiled

CATIZEN (CATI), the AI-powered cat-breeding Telegram mini-game, has announced its Airdrop claim amounts and the launch of its "Stake to Earn" feature. CATIZEN has revealed that upon the token release (TGE), all tokens will be distributed to the community, with no team tokens unlocked. The remaining 5% of tokens will support liquidity. In addition, CATIZEN's "Stake to Earn" service enables users to stake CATI tokens and earn rewards. Notably, CATI has emerged as the most valued cryptocurrency within the Telegram Open Network (TON) ecosystem, as indicated by the OKX premarket.
Fractal Bitcoin Integrates Ordinals, Expanding Transaction CapabilitiesFractal Bitcoin, a cutting-edge scaling solution for Bitcoin, has announced the successful integration of Ordinals onto its network. This integration marks a significant milestone, empowering developers and users with access to the Fractal version of Ordinals, along with its open-source codebase. Compared to the Ordinals implementation on the Bitcoin mainnet, the Fractal network introduces several notable adjustments: - Ordinals activation occurs at block height 21,000. - Runes activation takes place at block height 84,000. - Sats indexing is adapted to account for the supply differences between Fractal and Bitcoin. These modifications cater to the unique characteristics of the Fractal network, ensuring seamless functionality and optimal performance. With the Ordinals integration, Fractal Bitcoin users can now leverage the power of digital artifacts, unlocking new possibilities for innovation and creativity.

Fractal Bitcoin Integrates Ordinals, Expanding Transaction Capabilities

Fractal Bitcoin, a cutting-edge scaling solution for Bitcoin, has announced the successful integration of Ordinals onto its network. This integration marks a significant milestone, empowering developers and users with access to the Fractal version of Ordinals, along with its open-source codebase. Compared to the Ordinals implementation on the Bitcoin mainnet, the Fractal network introduces several notable adjustments: - Ordinals activation occurs at block height 21,000. - Runes activation takes place at block height 84,000. - Sats indexing is adapted to account for the supply differences between Fractal and Bitcoin. These modifications cater to the unique characteristics of the Fractal network, ensuring seamless functionality and optimal performance. With the Ordinals integration, Fractal Bitcoin users can now leverage the power of digital artifacts, unlocking new possibilities for innovation and creativity.
Treasure Co-Founder Explains Move to zkSync: 'Long-Term Strategy for Mass Web3 Game Adoption...Karel Vuong, co-founder of Treasure, a leading decentralized gaming platform, has shed light on the company's recent decision to move from Arbitrum to zkSync. "The move is part of our long-term strategy to enable the mass adoption of Web3 games," Vuong explained. "We chose zkSync not because of grants, as some have suggested, but because they offer the best infrastructure for scale, throughput, cost, onboarding, and interoperability." Vuong emphasized that zkSync aligns with Treasure's vision for a user-friendly Web3 gaming ecosystem. "Matter Labs, the team behind zkSync, has been dedicated to zkSync for almost six years and is years ahead in terms of ZK technology," he remarked.

Treasure Co-Founder Explains Move to zkSync: 'Long-Term Strategy for Mass Web3 Game Adoption...

Karel Vuong, co-founder of Treasure, a leading decentralized gaming platform, has shed light on the company's recent decision to move from Arbitrum to zkSync. "The move is part of our long-term strategy to enable the mass adoption of Web3 games," Vuong explained. "We chose zkSync not because of grants, as some have suggested, but because they offer the best infrastructure for scale, throughput, cost, onboarding, and interoperability." Vuong emphasized that zkSync aligns with Treasure's vision for a user-friendly Web3 gaming ecosystem. "Matter Labs, the team behind zkSync, has been dedicated to zkSync for almost six years and is years ahead in terms of ZK technology," he remarked.
Russia to Finalize Crypto Payment Regulations for International Trade by Late NovemberRussia is set to finalize its regulatory framework for cross-border cryptocurrency payments by the end of November, according to Anatoly Aksakov, head of the Financial Market Committee of the State Duma. The Central Bank of the Russian Federation and the Ministry of Finance are collaborating on the bill, which will establish clear rules and regulations for international settlements using cryptocurrencies. Earlier in September, Russia launched a pilot program for domestic cryptocurrency exchanges. This program included a component for testing cross-border crypto transactions. However, Aksakov emphasized the government's commitment to protecting the market from fraudulent activities, highlighting that cryptocurrencies have been used in illegal transactions involving weapons and drugs. As a result, cryptocurrencies will be permitted in foreign trade transactions, but not as a means of payment within the country.

Russia to Finalize Crypto Payment Regulations for International Trade by Late November

Russia is set to finalize its regulatory framework for cross-border cryptocurrency payments by the end of November, according to Anatoly Aksakov, head of the Financial Market Committee of the State Duma. The Central Bank of the Russian Federation and the Ministry of Finance are collaborating on the bill, which will establish clear rules and regulations for international settlements using cryptocurrencies. Earlier in September, Russia launched a pilot program for domestic cryptocurrency exchanges. This program included a component for testing cross-border crypto transactions. However, Aksakov emphasized the government's commitment to protecting the market from fraudulent activities, highlighting that cryptocurrencies have been used in illegal transactions involving weapons and drugs. As a result, cryptocurrencies will be permitted in foreign trade transactions, but not as a means of payment within the country.
Blockchain Analytics Firm ARKUM Reveals Surprising Data About WisdomTree's Bitcoin ETFKeyword-rich and search-engine-friendly article content with proper headings and structure, using the information provided in the summary and filling content gaps with relevant knowledge. For example: ## ARKUM's Analysis of WisdomTree's Bitcoin ETF Blockchain analytics firm ARKUM recently conducted an analysis of WisdomTree's Bitcoin spot ETF, BTCW. The results of the analysis were shared on ARKUM's official X (formerly Twitter) handle. The analysis revealed that WisdomTree is the largest Bitcoin spot ETF that has not sold a single satoshi in the past four months. During this period, WisdomTree has accumulated over $150 million worth of Bitcoin, indicating a strong commitment to the asset. WisdomTree is a New York-based asset management firm that offers a range of exchange-traded funds (ETFs), including the Bitcoin spot ETF BTCW. BTCW provides investors with exposure to the price of Bitcoin without the need to purchase and store the cryptocurrency directly. ARKUM's analysis suggests that WisdomTree is confident in the long-term prospects of Bitcoin and is committed to providing investors with access to this asset class. The firm's decision to hold its Bitcoin position rather than sell during recent market volatility demonstrates this confidence. This analysis is significant because it provides investors with insights into the behavior of one of the largest Bitcoin ETFs. It also highlights the growing institutional interest in Bitcoin and the potential for continued growth in the Bitcoin ETF market.

Blockchain Analytics Firm ARKUM Reveals Surprising Data About WisdomTree's Bitcoin ETF

Keyword-rich and search-engine-friendly article content with proper headings and structure, using the information provided in the summary and filling content gaps with relevant knowledge. For example: ## ARKUM's Analysis of WisdomTree's Bitcoin ETF Blockchain analytics firm ARKUM recently conducted an analysis of WisdomTree's Bitcoin spot ETF, BTCW. The results of the analysis were shared on ARKUM's official X (formerly Twitter) handle. The analysis revealed that WisdomTree is the largest Bitcoin spot ETF that has not sold a single satoshi in the past four months. During this period, WisdomTree has accumulated over $150 million worth of Bitcoin, indicating a strong commitment to the asset. WisdomTree is a New York-based asset management firm that offers a range of exchange-traded funds (ETFs), including the Bitcoin spot ETF BTCW. BTCW provides investors with exposure to the price of Bitcoin without the need to purchase and store the cryptocurrency directly. ARKUM's analysis suggests that WisdomTree is confident in the long-term prospects of Bitcoin and is committed to providing investors with access to this asset class. The firm's decision to hold its Bitcoin position rather than sell during recent market volatility demonstrates this confidence. This analysis is significant because it provides investors with insights into the behavior of one of the largest Bitcoin ETFs. It also highlights the growing institutional interest in Bitcoin and the potential for continued growth in the Bitcoin ETF market.
Is Bitcoin BTC Headed to $31.5K As Some Predict?Cryptocurrency analyst and trader Ali Martinez shared via his Twitter handle that Bitcoin (BTC), while trading below its 200-day Simple Moving Average (SMA), could see a steep correction to the on-chain realized price of $31,500. Elaborating further, he stated that Bitcoin trading above the 200-day SMA usually represents a period of strength, while a drop below this level can indicate a potential for a correction. Currently, BTC has been trading below this crucial level of approximately $64,000 for over a month, hinting at a possible drop towards its realized price of $31,500. If Bitcoin continues to trade below its 200-day SMA, it could indicate a further correction. However, it is important to note that the cryptocurrency market is highly volatile and can be influenced by a variety of factors. As such, it is difficult to predict with certainty whether Bitcoin will reach $31,500.

Is Bitcoin BTC Headed to $31.5K As Some Predict?

Cryptocurrency analyst and trader Ali Martinez shared via his Twitter handle that Bitcoin (BTC), while trading below its 200-day Simple Moving Average (SMA), could see a steep correction to the on-chain realized price of $31,500. Elaborating further, he stated that Bitcoin trading above the 200-day SMA usually represents a period of strength, while a drop below this level can indicate a potential for a correction. Currently, BTC has been trading below this crucial level of approximately $64,000 for over a month, hinting at a possible drop towards its realized price of $31,500. If Bitcoin continues to trade below its 200-day SMA, it could indicate a further correction. However, it is important to note that the cryptocurrency market is highly volatile and can be influenced by a variety of factors. As such, it is difficult to predict with certainty whether Bitcoin will reach $31,500.
First Digital's CEO urges Hong Kong Government to expedite crypto regulationIn a recent interview with Cointelegraph, Vincent Chok, the CEO of crypto custody platform First Digital Trust, emphasized the urgent need for the Hong Kong government to establish clear crypto regulations. Expressing concern over the city's readiness to regulate stablecoins, Chok said, "If we don’t hurry, with a clear regulatory framework in place, we risk falling behind the rapid pace of development in the crypto industry.” While acknowledging the government's cautious approach, Chok believes that regulation should not lag behind industry advancements. He added, "It is understandable that Hong Kong’s regulatory approach to crypto is conservative and slow as investor protection is a top priority. But let's not let regulation lag too far behind the pace of industry change and development.”

First Digital's CEO urges Hong Kong Government to expedite crypto regulation

In a recent interview with Cointelegraph, Vincent Chok, the CEO of crypto custody platform First Digital Trust, emphasized the urgent need for the Hong Kong government to establish clear crypto regulations. Expressing concern over the city's readiness to regulate stablecoins, Chok said, "If we don’t hurry, with a clear regulatory framework in place, we risk falling behind the rapid pace of development in the crypto industry.” While acknowledging the government's cautious approach, Chok believes that regulation should not lag behind industry advancements. He added, "It is understandable that Hong Kong’s regulatory approach to crypto is conservative and slow as investor protection is a top priority. But let's not let regulation lag too far behind the pace of industry change and development.”
LBank Founder Shifts Focus to Community Engagement, Aims for 'Community-Centric Platform'LBank's founder, Eric He, has stepped down as CEO to assume the role of Chief Community Officer (CCO) and Risk Management Advisor. This strategic move underscores LBank's commitment to fostering a community-driven platform. He acknowledges recent internal challenges but emphasizes that they will catalyze positive transformations. LBank aspires to create a more transparent and inclusive ecosystem, empowering community members in shaping the platform's direction. To further this goal, LBank will establish a $10 million fund dedicated to supporting governance initiatives, project development, and enhancing data transparency. This fund will empower the community to actively participate in shaping the platform's future. LBank's transition to a community-centric model reflects the growing recognition within the crypto industry of the importance of user engagement and feedback. By placing the community at the heart of its operations, LBank aims to foster a platform that is responsive to the needs and aspirations of its users. ```

LBank Founder Shifts Focus to Community Engagement, Aims for 'Community-Centric Platform'

LBank's founder, Eric He, has stepped down as CEO to assume the role of Chief Community Officer (CCO) and Risk Management Advisor. This strategic move underscores LBank's commitment to fostering a community-driven platform. He acknowledges recent internal challenges but emphasizes that they will catalyze positive transformations. LBank aspires to create a more transparent and inclusive ecosystem, empowering community members in shaping the platform's direction. To further this goal, LBank will establish a $10 million fund dedicated to supporting governance initiatives, project development, and enhancing data transparency. This fund will empower the community to actively participate in shaping the platform's future. LBank's transition to a community-centric model reflects the growing recognition within the crypto industry of the importance of user engagement and feedback. By placing the community at the heart of its operations, LBank aims to foster a platform that is responsive to the needs and aspirations of its users. ```
ETH Futures Market Predicts Surge in Value by Year's EndTraders in the Ethereum options market anticipate a bullish trend for ETH, projecting a rise in value by the year-end. This speculation stems from the expectation that the U.S. Federal Reserve will ease interest rates soon. According to QCP Capital, a Singapore-based crypto trading firm, approximately 20,000 contracts worth of ETH call options, expiring on December 27th with a $3,000 strike price, have recently been traded. This surge in call option purchases indicates a growing market sentiment towards a potential increase in ETH's value. The anticipation of a rate cut by the Federal Reserve has boosted investor confidence in riskier assets, including cryptocurrencies. Historically, Ethereum's price has shown a positive correlation with the broader financial markets. Therefore, the market's expectation of a shift in the monetary policy stance could positively impact ETH's performance. It's important to note that these predictions are based on market sentiment and should not be taken as financial advice. Market conditions can change rapidly, and investors should conduct thorough research and exercise caution when making investment decisions.

ETH Futures Market Predicts Surge in Value by Year's End

Traders in the Ethereum options market anticipate a bullish trend for ETH, projecting a rise in value by the year-end. This speculation stems from the expectation that the U.S. Federal Reserve will ease interest rates soon. According to QCP Capital, a Singapore-based crypto trading firm, approximately 20,000 contracts worth of ETH call options, expiring on December 27th with a $3,000 strike price, have recently been traded. This surge in call option purchases indicates a growing market sentiment towards a potential increase in ETH's value. The anticipation of a rate cut by the Federal Reserve has boosted investor confidence in riskier assets, including cryptocurrencies. Historically, Ethereum's price has shown a positive correlation with the broader financial markets. Therefore, the market's expectation of a shift in the monetary policy stance could positively impact ETH's performance. It's important to note that these predictions are based on market sentiment and should not be taken as financial advice. Market conditions can change rapidly, and investors should conduct thorough research and exercise caution when making investment decisions.
Institutions Holding 1,000+ BTC Drop by 17 Over 2 WeeksThe number of entities holding 1,000 or more Bitcoin (BTC) has declined by 17 over the past 2 weeks, according to crypto analyst and trader Ali Martinez. Various reasons could explain this drop. Some of these institutions may have sold their BTC holdings, while others may have redistributed them. The decline in the number of institutions holding large amounts of BTC could be a sign that some investors are becoming more cautious about the cryptocurrency market, or they see better opportunities elsewhere. It could also indicate that these institutions are taking profits after the recent rally in the BTC price.

Institutions Holding 1,000+ BTC Drop by 17 Over 2 Weeks

The number of entities holding 1,000 or more Bitcoin (BTC) has declined by 17 over the past 2 weeks, according to crypto analyst and trader Ali Martinez. Various reasons could explain this drop. Some of these institutions may have sold their BTC holdings, while others may have redistributed them. The decline in the number of institutions holding large amounts of BTC could be a sign that some investors are becoming more cautious about the cryptocurrency market, or they see better opportunities elsewhere. It could also indicate that these institutions are taking profits after the recent rally in the BTC price.
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