Backpack, a crypto exchange launched by former FTX and Alameda employees, has bought FTX’s European operations for $32 million. This deal includes FTX EU’s valuable MiFID II license. Returning Customer Funds is Top Priority The acquisition, approved by both the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), will allow Backpack to…
A crypto trader has made a massive $17.64 million profit trading four AI-related cryptocurrencies on the Solana network, according to blockchain analytics firm Lookonchain. The trader’s success involved shrewd investments in Goatseus Maximus (GOAT), ai16z, Fartcoin (FARTCOIN), and AI Rig Complex (ARC). Goatseus Maximus (GOAT) – A Winning Bet The trader’s biggest win came from…
Bitcoin just blasted past $100,000, and traders are buzzing! This jump is fueling a lot of optimism for the first quarter of 2025, with many expecting even higher prices. But it’s not all sunshine and rainbows. A Cautiously Optimistic Outlook While excitement is high, some analysts are warning that this bull run might be shorter…
Bitcoin recently hit $100,000 again, causing a surge of excitement in the crypto world. Several important indicators are also looking good, hinting at a potential price boom. A Bullish Shift in Bitcoin’s Market The Coinbase Premium Index (CPI) — which shows the price difference between Bitcoin on Coinbase and other exchanges — is now positive….
Bitcoin’s price exploded in 2024, reaching a staggering $108,000 – a 124% increase! This massive jump propelled it into the top 7 global assets by market capitalization, surpassing giants like silver and Saudi Aramco. This clearly shows that digital assets are gaining serious traction in the traditional finance world. The Bitcoin ETF Effect A major…
Get ready for a wild ride! A whopping $7.2 billion worth of cryptocurrency tokens are scheduled to be unlocked in January. This could seriously impact the crypto market, creating both opportunities and risks. What’s Happening? CryptoRank, a data analytics platform, flagged this massive unlock. They’ve identified the top 10 projects with the biggest unlocks, including…
Ripple’s CEO, Brad Garlinghouse, believes the election of President Trump is already having a positive impact on the US economy, particularly within the cryptocurrency sector. He claims this impact is especially noticeable for Ripple, given its ongoing legal battle with the SEC. Ripple’s US Growth Garlinghouse announced on X (formerly Twitter) that a significant shift…
A crypto analyst predicts a continued surge in the crypto artificial intelligence (AI) sector. AI Agents in Crypto: The Next Big Thing? Jamie Coutts, a leading analyst at Real Vision, believes the current excitement around crypto AI agents could last for at least another four months. He points out that previous crypto hype cycles, like…
Billionaire investor Chamath Palihapitiya is betting big on stablecoins. He predicts they’ll be the biggest business success story of 2025. Stablecoins Surpass Visa in Transaction Volume Palihapitiya, speaking on the All-In Podcast, highlighted the massive growth of stablecoin transactions. He pointed out that in the second quarter of 2024, stablecoin transactions totalled $8.5 trillion, exceeding…
A well-known crypto analyst, Rekt Capital, is predicting good things for Bitcoin and altcoins. Capital, who correctly predicted a Bitcoin price correction earlier this year, now sees a continued upward trend for BTC. Bitcoin’s Upward Trajectory Rekt Capital, boasting a large following on X (formerly Twitter), points to Bitcoin’s recent price action as confirmation of…
