Author: News Room
Cboe Global Markets Inc. announced plans to introduce the first cash-settled index options tied to Bitcoin’s spot price. Cboe’s Bitcoin ETF options will debut on December 2 and will be based on its ETF Index, which tracks a group of US-listed spot Bitcoin exchange-traded funds. Bitcoin ETFs Options Continue to See Interest from Institutional Investors This development comes shortly after Nasdaq listed Bitcoin ETF options, allowing investors to speculate on Bitcoin’s price movement or manage risk through derivatives. Crypto derivatives, including options and futures, have traditionally been traded outside the United States due to regulatory hurdles. However, increasing demand and…
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay. In 2020, the company added Btcpay to […] Read the full article here
Ethereum buyers are on a rampage, pushing ETH past $3,400 earlier today. But all eyes are now on Cardano, with some experts spotting similar patterns in ADA’s price action. In the middle of all this, a market newcomer – Crypto All-Stars – has just blasted through $5 million in ICO funding ahead of its upcoming DEX listing. Ethereum Silences Critics with Sharp 12% Price Rally It’s been a great few days for ETH holders. The token’s surge has silenced the critics who spent weeks mocking its sluggish performance. In the past 24 hours alone, the second-largest crypto by market cap…
Bitcoin price is rising steadily above the $95,000 zone. BTC is showing positive signs and might soon hit the $100,000 milestone level. Bitcoin started a fresh increase above the $95,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $95,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $100,000 resistance zone. Bitcoin Price Sets Another ATH Bitcoin price remained supported above the $92,000 level. BTC formed a base and started…
Four crypto traders have reportedly netted millions through smart $SHRUB trading. Ethereum memecoin, $SHRUB has captured the attention of crypto traders and investors for significant ROIs. The coin is setting the stage on fire by soaring to $230 million market cap after a 50x surge in just two weeks. ‘Smart traders’ exit their $SHRUB positions…with huge profits.Ethereum memecoin $SHRUB (@ShrubHedgehog) soared past $230 Million market after gaining 50X in two weeks. Beneficiaries of this move appear to be cashing in on their bets. According to our premium Smart Traders… pic.twitter.com/VgBDnJ1FQt — DexCheck AI (@DexCheck_io) November 21, 2024 The savvy crypto…
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle. Table of Contents Ethereum loses favour with institutional investors, ETF performance lacklustre Solana challenges Ethereum’s dominance, on-chain analysis Bitcoin leads cryptos with digital gold narrative Ethereum future expectations and technical analysis Strategic considerations Ethereum loses favour with institutional investors, ETF performance lacklustre Ethereum slipped to a low of 0.03187 against Bitcoin on Friday, November 22. As Bitcoin made its…
Stellar Lumens continued its strong comeback, rising for three consecutive weeks and reaching its highest level since 2021. Stellar (XLM) price jumped to $0.3052, driven by the ongoing cryptocurrency bull run and the fear of missing out. Its surge has coincided with the ongoing Ripple price rallywhich saw Ripple jump to $1.5, its highest level since May 31. This rally is attributed to investor anticipation that the Securities and Exchange Commission will end its litigation on Ripple Labs. Ripple and Stellar have two important similarities. Both were designed to disrupt the payment industry. Ripple aims to help institutions send money…
According to CNBC, Dan Gallagher, chief legal officer at Robinhood, is not going to spearhead the U.S. Securities and Exchange Commission. Gallagher was the favorite of betting markets. As reported by U.Today, he had a 61% of becoming the next SEC head, according to bettors on Kalshi. However, his nomination chances sharply dwindled. Now, Paul Atkins, CEO of Patomak Global Partners, has emerged as the next clear frontrunner. He now has roughly a 60% chance of becoming the next SEC boss, according to Kalshi users. On Thursday, Fox Business reporter Charles Gasparino revealed that Atkins was “in the led position”…
Polymarket, a decentralized prediction platform, has restricted access for French traders following an investigation into its compliance with gambling laws by France’s national gaming authority, the ANJ. Reports emerged Friday that French users attempting to access the platform via a VPN encountered access blocks. This ban has yet to be formally added to Polymarket’s terms of service. Polymarket Continues to Face Strong Regulatory Scrutiny The scrutiny comes from a French trader’s large bets on Donald Trump winning the 2024 US Presidential election, raising concerns about the platform’s operations in France. A French journalist on social media highlighted the restriction, sparking…
Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next year, as the U.K. attempts to keep up with crypto […] Read the full article here