Hong Kong is about to make history in the crypto world! On July 23rd, they’ll be launching Asia’s first inverse Bitcoin ETF. This means investors can now profit from Bitcoin’s price going down. How It Works The new ETF, called the CSOP Bitcoin Futures Daily (-1x) Inverse Product, is managed by CSOP Asset Management, a…
Big banks in the US are getting into a fierce competition for your money, offering cash bonuses to attract new customers. This hasn’t happened in years! The Big Players: JPMorgan Chase and Wells Fargo are leading the charge, offering $300 to new customers who set up direct deposit. Bank of America is offering $200 for…
Sergey Nazarov, the mastermind behind Chainlink, believes that traditional finance giants are about to dive headfirst into the world of decentralized finance (DeFi). He’s predicting that the world’s biggest banks and asset managers will soon be using Chainlink to connect with DeFi protocols. A Bridge Between Worlds Nazarov sees this as a huge step forward,…
Crypto analytics firm Santiment is watching closely how different sectors of the crypto market are performing, and they’ve noticed something interesting. Bitcoin and Layer-1 Projects Are Driving the Rally Santiment says that increased volume in Bitcoin and layer-1 projects (like Ethereum) has been a key driver of the recent crypto rally. They believe this is…
Mark Cuban, the billionaire investor and Shark Tank star, thinks Bitcoin (BTC) is about to take off. He believes a Trump presidency would be a major boost for Bitcoin, making it easier for crypto businesses to operate in the US. Why Cuban Thinks Bitcoin Will Boom Cuban sees a perfect storm brewing for Bitcoin: Political…
Dogecoin, the popular meme coin, is experiencing a surge in interest from traders. The recent price jump has led to a significant increase in open interest, which basically means more people are betting on Dogecoin’s future. Dogecoin’s Price Rise Sparks Trader Interest Dogecoin’s price hit a 34-day high on July 20th, and since then, the…
If Donald Trump wins the 2024 election, there’s a lot of speculation about who he’ll choose to be his Treasury Secretary. Two names keep popping up: Jamie Dimon, CEO of JPMorgan Chase, and Larry Fink, CEO of BlackRock. Larry Fink: Crypto-Friendly? Larry Fink is the chairman of BlackRock, the world’s biggest asset management company. He’s…
Bitcoin ETFs are booming! The total amount of Bitcoin held by these funds has just crossed a massive milestone: 900,000 BTC! That’s over 4% of the total Bitcoin supply, and it’s a huge sign that investors are really starting to believe in Bitcoin. A Big Milestone for Bitcoin ETFs This huge amount of Bitcoin is…
This week is shaping up to be a major one for the crypto world, with several key events that could significantly impact Bitcoin, Ethereum, and other cryptocurrencies. Trump’s Bitcoin Speech? The Bitcoin 2024 conference in Nashville is attracting a lot of attention this year, especially because former President Donald Trump is scheduled to give a…
Trading bot altcoin Banana Gun (BANANA) is on fire after Binance, the world’s biggest crypto exchange, announced it would be listing the token. Binance says BANANA, which operates across multiple blockchains like Solana, Ethereum, and layer-2 protocols, is a bit riskier than other coins on its platform. They’ve slapped a “seed tag” on it, meaning…
