Trading

Today’s cryptocurrency prices are November 3rd, 2023. Bitcoin will be rectified.

The prices of Bitcoin and other top cryptocurrencies were observed to experience mixed movements on Friday (3/11/2023). The majority of top cryptocurrencies were observed to be in the red zone again. Based on data from Coinmarketcap, the cryptocurrency with the largest market capitalization, Bitcoin (BTC), weakened 1.40 percent again in 24 hours, but still strengthened […]

News

Crypto Giant Bittrex Bows Out: The Rise and Fall of a Once-Dominant Exchange Amid Regulatory Turmoil

Crypto exchange Bittrex’s U.S. shutdown, approved in a bankruptcy court, marks the end of its American operations. The company sought Chapter 11 bankruptcy protection in May, following charges from the Securities and Exchange Commission (SEC) for operating an unregistered exchange. A court filing revealed that Judge Brendan Shannon greenlit the company’s revised liquidation plan to […]

Cryptocurrency Market Analysis

Bitcoin Price Holding at $35K: What’s Next for the Crypto Market?

Bitcoin’s price recently attempted to surpass the $34,500 mark but faced resistance, indicating a potential for a significant downside correction if it closes below the 100 hourly SMA. Bitcoin is currently struggling to break the $35,000 resistance, trading above $34,200 and the 100 hourly Simple Moving Average. On the hourly BTC/USD chart (data feed from […]

Market News

Bitcoin and Ether Options Market Hits Record $20B Amid Surging ETF Buzz: What’s Driving the Frenzy?

Bitcoin and Ether Options Trading Reaches Record Highs of $20 Billion Amid ETF Excitement According to Deribit, options valued at $4.5 billion are scheduled to expire this Friday. The total value of open positions for bitcoin and ether options on Deribit has exceeded $20 billion. The growing interest in options indicates a more sophisticated market. […]

News

Rise of the ‘Crypto King’: How Rep. Tom Emmer’s Speaker Election Spells New Horizons for US Crypto Policy

n a significant development for the crypto industry, the election of Rep. Tom Emmer as House Speaker has emerged as a promising sign of potential support within the US legislative framework. Emmer, renowned as the US Congress’ ‘Crypto King’ due to his deep understanding and advocacy for the budding industry, secured the GOP’s nomination for […]

News

Crypto Frenzy: Bitcoin, Ethereum, and Dogecoin Soar as $65M in Shorts Liquidated in 24 Hours – What’s Next for the Market?

Bitcoin, Ethereum, and Dogecoin saw a remarkable surge recently, with Bitcoin hitting the significant $30,000 mark. Data from CoinGlass revealed over $65 million worth of shorts were liquidated in the past day alone, contributing to a total of $98 million in liquidations. The crypto market cap stands at $1.11 trillion, indicating a 3.29% increase over […]