Liquid Mercury and GFO-X Team Up for Crypto Derivatives Trading
Liquid Mercury’s RFQ Platform Powers GFO-X Exchange Liquid Mercury, a leading crypto trading technology provider,…
Liquid Mercury and GFO-X Team Up for Crypto Derivatives Trading
Liquid Mercury’s RFQ Platform Powers GFO-X Exchange Liquid Mercury, a leading crypto trading technology provider, has joined forces with GFO-X, the UK’s first regulated and centrally cleared exchange for digital asset derivatives. This partnership provides institutional traders with access to deep liquidity for trading options and futures contracts in large sizes. The RFQ (request for…
Bitcoin Predicted to Hit $100,000 This Year Amid Debt Concerns
Investor Nic Carter believes Bitcoin (BTC) will reach $100,000 in 2024, despite the recent market downturn. Reasons for Optimism Carter cites several factors contributing to his bullish outlook: Institutional adoption: The approval of Bitcoin ETFs has given the cryptocurrency legitimacy and attracted institutional investors. Technological advancements: Layer-2 projects are improving Bitcoin’s scalability and functionality. Economic…
Whale’s Risky Bet on Ethereum Ends in $4.5 Million Loss
A crypto whale, a large investor, recently lost a staggering $4.5 million trying to bet on Ethereum (ETH) twice. First Attempt According to Lookonchain, a digital asset tracker, the whale lost $500,000 in their initial attempt to go long on ETH, which means they bet on the price rising. Second Attempt Undeterred, the whale made…
Raoul Pal Bets Big on Solana, Allocating 80% of Crypto Portfolio
Former Goldman Sachs executive Raoul Pal has revealed his heavy investment in Solana (SOL), an Ethereum competitor. Solana Dominates Portfolio Pal, known for his macro insights, stated that 80% of his crypto portfolio is allocated to SOL. He has shifted his Ethereum holdings to non-fungible tokens (NFTs), specifically high-end art NFTs. Reasons for Solana Bet…
Bitcoin’s Potential to Soar: Analyst’s Insights
Key Levels for Bitcoin’s Trajectory Analyst Ali Martinez predicts a significant price increase for Bitcoin, possibly reaching $86,000 if it breaks through a key resistance level. Bitcoin’s movement is heavily influenced by key support and resistance levels. Support Level: $61,000 Resistance Level: $72,400 If Bitcoin falls below the support level, it could drop to $56,200…
Bitcoin’s Bullish Double Bottom Pattern
Adam and Eve Double Bottom Crypto analyst Christopher Inks has spotted a bullish “Adam and Eve” double bottom pattern on Bitcoin’s 1-hour chart. This pattern consists of two troughs with a peak in between. Adam: Sharp V-shaped bottom indicating a rapid price decline and recovery. Eve: Rounded and gradual bottom indicating a slower price recovery….
Hong Kong’s Bitcoin ETFs: $1 Billion in Sight
Hong Kong’s Advantage Hong Kong is set to become a leader in the Bitcoin ETF market, with Bloomberg analyst Eric Balchunas predicting that these ETFs could attract up to $1 billion in assets within the first two years. This is double his previous estimate of $500 million. Challenges for Hong Kong However, Hong Kong’s ETFs…
Ripple CTO: Not a Billionaire, but Still Rich in XRP
Clarifying the Rumors Ripple’s Chief Technology Officer, David Schwartz, has addressed rumors about his wealth. He says he’s not a billionaire, but he does own millions of XRP. The Courtside Seat Question During a recent NBA game, Schwartz posted a photo from an elevated vantage point. An XRP enthusiast asked why he wasn’t sitting courtside…
Crypto Adoption Soaring: Expert Predicts 1 Billion Users by 2025
Crypto Adoption Outpacing the Internet Financial expert Raoul Pal believes cryptocurrencies are being adopted at an unprecedented rate, outpacing even the growth of the internet. He bases this on the number of active wallet addresses, which he says is a more accurate measure than the number of crypto users. Tokenized Rails for the Future Pal…
Shiba Inu’s Staking Platform Gears Up for Growth
K9 Finance, Shiba Inu’s official staking partner, has approved four proposals to boost the ecosystem’s growth and sustainability. Reduced Token Taxes KNINE token transactions will now have 0% tax on purchases and 3% tax on sales. This aims to make it easier to buy in while rewarding long-term holders. Operational Budget A monthly budget of…
