Binance, a major cryptocurrency exchange, has announced its support for Lumia’s upcoming token swap event. This swap is a crucial step before Lumia’s new blockchain launches. What’s Happening? Lumia is getting ready to launch its new blockchain, and the token swap is the final step before that happens. Binance’s support means that ORN holders (those…
South Korean crypto exchange Bithumb is reportedly considering a big move: listing on the Nasdaq stock exchange. Bithumb’s US Ambitions According to Korean news outlet DNews, Bithumb shared its plans with shareholders on Monday. The exchange, currently the second-largest in South Korea by trading volume, is exploring a Nasdaq listing. This isn’t the first time…
The US is on track to become the biggest Bitcoin holder again, according to CryptoQuant CEO Ki Young Ju. He says this is happening because of the growing demand for Bitcoin spot ETFs. Bitcoin’s Resilience Ju believes Bitcoin has weathered all the recent storms, including the Mt. Gox and German Bitcoin sell-offs, without taking a…
Bitcoin’s price has been on the rise lately, and everyone’s talking about it. Some people think it’s all about hype and positive sentiment, but one expert says it’s much simpler than that. The Crowd Doesn’t Always Know Best A market intelligence platform called Santiment noticed a huge surge in positive sentiment around Bitcoin. People are…
China’s strict ban on cryptocurrencies is facing growing criticism from experts, including a former top finance official. A Shift in the Wind? Zhu Guangyao, a former vice minister of finance, recently called on the Chinese government to reconsider its crypto ban. He argued that while cryptocurrencies pose some risks, they are also crucial for China’s…
Crypto investors are feeling optimistic! Last week saw a huge surge in money flowing into crypto investment products, with a total of $1.2 billion pouring in. This is the third week in a row with positive numbers, which shows that people are starting to believe in crypto again. Bitcoin is the star of the show….
Taiwan is taking a step forward in the world of crypto by allowing professional investors to access foreign crypto exchange-traded funds (ETFs). This move comes after a period of careful consideration and discussion with industry experts. How It Works The process involves a “re-entrustment” system. This means Taiwanese institutions can hand over their investment management…
A popular crypto trader, known as “Bluntz” on the social media platform X, is predicting a bullish October for Dogecoin (DOGE). Dogecoin: A Turbocharged Bull Run? Bluntz, who uses the Elliott Wave theory to analyze market trends, believes that DOGE is in the early stages of a five-wave rally. He sees a potential for DOGE…
The stablecoin industry is facing a major blow after the Federal Reserve lowered interest rates. This move will significantly reduce the amount of money stablecoin companies make from their investments. Stablecoins Rely on Interest Rates Most of the top five stablecoin companies keep their money in US Treasury Bills, which are like government bonds. These…
Is Solana (SOL) really poised to dethrone Ethereum (ETH)? Renowned economist and trader Alex Krüger thinks it’s a real possibility. Solana’s Got the Goods Krüger believes Solana has everything it needs to become a major player in the crypto world. He’s bullish on SOL/ETH in the long run, saying Solana has already reached “escape velocity”…
