DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, is excited to unveil its latest crypto derivatives report. This insightful report explores the market’s response to recent price fluctuations and the backdrop of the upcoming U.S. election. Key Insights: Decline in BTC Options Implied Volatility: Surprisingly, implied volatility for Bitcoin…
Month: October 2024
Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2021, Fairdesk Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few years, Fairdesk Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company…
Accused $150M Crypto Fraudster Turns Fugitive After Disabling Ankle Monitor
A German national accused of overseeing a $150 million crypto fraud has turned fugitive after failing to appear in court. Horst Jicha was facing trial on charges of securities fraud, wire fraud, and money laundering over his alleged involvement in the USI Tech cryptocurrency scheme. Per CNBC, Jicha is suspected of tampering with his ankle bracelet monitor, after Pretrial Services…
BTC price eyes sub-$65K hurdles as metric hints Bitcoin 'going to rip'
Bitcoin bulls enjoy more weekend BTC price gains as market cap signals point to a classic bull run comeback. Source: https://cointelegraph.com/news/btc-price-sub-65k-hurdles-metric-bitcoin-rip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Top Crypto Trader Backs Pepe Unchained to Outperform NEIRO, Forecasts 100x Gains
A new meme coin is going viral – and has raised $18.6 million before officially launching. Pepe Unchained (PEPU) is turning heads across the crypto space, with one top trader backing it to outperform NEIRO once it goes live. The trader even suggested PEPU holders could be in line for 100x (or more) gains. Popular […] Source: https://news.bitcoin.com/top-crypto-trader-backs-pepe-unchained-to-outperform-neiro-forecasts-100x-gains/
Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark
Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short […] Source: https://news.bitcoin.com/tokenized-us-treasuries-climb-by-210m-since-crossing-the-2-billion-mark/
British man sues council for $647M over lost Bitcoin in landfill
James Howells continues his legal battle for 495 million British pounds ($647 million) in damages after Newport City Council blocked his landfill excavation request. Source: https://cointelegraph.com/news/british-man-sues-council-640m-lost-bitcoin-landfill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Price Predictions for End of 2024 and the Forecasted Outlook for 2025
Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically been a good month for bitcoin, with enthusiasts eagerly awaiting a potential rally as […] Source: https://news.bitcoin.com/bitcoin-price-predictions-for-end-of-2024-and-the-forecasted-outlook-for-2025/
SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led to conflicting court rulings, and emphasized the need for clearer distinctions on what falls under securities law. SEC’s […] Source: https://news.bitcoin.com/secs-crypto-regulation-labeled-a-disaster-by-commissioner/
Scroll lists on Binance, sparking debate over centralization concerns
Scroll’s Binance listing has sparked community debate, with critics raising concerns about centralization, while Scroll’s co-founder has highlighted global growth strategies. Source: https://cointelegraph.com/news/scroll-binance-listing-centralization-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound