South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter. Source: https://cointelegraph.com/app/public/index.php/news/bithumb-plans-first-exchange-korean-stock-market
Month: November 2023
Funding rates echo $69K BTC price — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still riding high near $37,000 as macroeconomic data returns to the fore. The largest cryptocurrency continues to circle its highest levels in 18 months, with excitement over a possible exchange-traded fund (ETF) approval in the United States driving sentiment. That is getting increasingly greedy, however, as according to the Crypto Fear & Greed Index,…
Australian regulators will compel businesses to report cyberattacks: Report
Australian authorities will oblige local companies to be fully transparent and report any ransomware cyberattacks on their businesses. The country’s economy lost $2.59 billion to cybercrimes in 2021. As reported by the Australian on Nov. 13, the national cybersecurity strategy, which will be revealed this week, will feature a mandatory system under which local businesses must alert the government about…
THORChain becomes third largest DEX as Rune surges 50% in a week
Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE). Over the last week, THORChain’s trading volume hit $1.32 billion third only behind Uniswap and PancakeSwap at $10.85 billion and $2.77 billion respectively, according to DefiLlama.…
Bithumb plans to be first crypto exchange listed on Korea stock market: Report
Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edaily reported on Nov. 12 that Bithumb is getting ready for an initial public offering (IPO) on the KOSDAQ — South Korea’s version of the United States Nasdaq — with an expected listing date set for sometime…
Hodler’s Digest, Nov. 5-11 – Cointelegraph Magazine
Top Stories This Week CME overtakes Binance to grab largest share of Bitcoin futures open interest Bitcoin’s futures market is showing an interesting shift as global derivatives marketplace the Chicago Mercantile Exchange (CME) has surpassed Binance in terms of Bitcoin futures open interest. This change occurred after Bitcoin exceeded the $37,000 mark for the first time in over 18 months.…
Number of Bitcoin millionaire wallets triples in 2023
The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to 81,925 currently, a 237% increase in the last 11 months. Currently, 81,925 wallet addresses hold more than $1 million…
God Mode: 7 Incredible Video Game Speedruns You Have to See to Believe
God Mode is a series from Decrypt’s GG that provides an authoritative look at hot topics in gaming—whether it’s the best games in a certain genre, the top examples of buzzy trends, or other things you need to know to get the most out of your games. There’s no wrong way to play a video game—as long as you’re not…
VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K
Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention on Nov. 10 that Bitcoin’s demand on a monthly basis could surge between two to 10 times by the end of 2024. Additionally, the halving will…
Why WNBA Star Jewell Loyd Relies on Crypto—And Why Bitcoin and Ethereum Are Her ‘Anchors’
Nobody in the WNBA can put the ball in the basket quite like Jewell Loyd, whose 939 points scored for the Seattle Storm this past year set the league’s single-season scoring record. That surpassed Diana Taurasi’s previous record of 860 points scored in 2006. Off the court, Loyd has become the face of crypto-savvy athlete investors for Coinbase, which has…