DeFi News Daily Official TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

For the first time in many weeks, trading on Friday, December 20, raised the question of whether Bitcoin (BTC) will continue soaring like Led Zeppelin or if it will fall like a ‘lead zeppelin.’ Specifically, despite trading above $108,000 just days earlier – on December 17 – BTC collapsed to its press time price of $92,398 – a 9.52% 24-hour drop. BTC 7-day price chart. Source: Finbold Though the needle has moved somewhat in recent weeks, $92,000 has, on several occasions, been designated as the final stop before a plunge toward $85,000, most notably by the prominent cryptocurrency analyst on X, Ali Martinez. Picks for you Bloodbath: Crypto traders lose $1.4 billion in 24 hours of massive liquidations 1 hour ago XRP cr...

If you had believed in the cryptocurrency market’s superpower a decade ago, you would be sitting on millions today. Yes, investors who took an early entry position with a minimal investment have mostly seen their portfolio turn into seven digits. Be it Bitcoin, Dogecoin, or Shiba Inu, these have delivered life-changing gains to traders, ushering them into financial freedom. Also Read: Litecoin Hits $130 After 3 Years: What Will LTC Be Worth in 4 Years? Doge Price Fluctuations The latest data from Changelly shows that a mere $1,000 investment in Dogecoin has turned into $1.8 million today. That’s an uptick and return on investment (ROI) of approximately 186,538%. Even leading stocks in the US markets have not generated this much returns in a decade. Learn how high DOGE could trade in the next five years, in 2030. Also Read: ‘Buy Cronos Now’: Upside Target 31% For CRO Coin Dogecoin: $1,000 Becomes $1.8 Million Today Source: Pixabay Dogecoin is currently trading at the $0.45 ma...

AltSignals is a successful trading service that is highly rated by traders. The platform seeks to embrace AI in signal generation, increasing the profitability of traders. $ASI, the token powering AltSignals, could claim a 10x gain on the demand for trading signals. Time has vindicated the future. If there is something that can be predicted with utmost accuracy, it is the increased use of AI. In the trading world, it is the current rather than the future. AI-enabled trading is taking over. No emotions, human errors and fuss. AltSignals ($ASI), a signal trading platform, is finding itself right at this mix. And so, predictions are rife that this is a token to supercharge investors’ earnings in 2024 and beyond. The rise and rise of AltSignals and its promising future AltSignals provides trading signals covering areas such as forex trading, commodities, and cryptocurrencies. The signals are provided by an experienced team of traders who are out to tra...

Spot Bitcoin exchange-traded fund issuers accumulated an additional 10,667 Bitcoin (BTC) to their holdings by the fifth trading day, paralleling an uptick in trading volumes. According to data from the X account CC15Capital Bitcoin worth approximately $440 million was acquired by funds taking part in recent ETF approval. BlackRock’s ETF made the most considerable purchase with 8,700 BTC on Jan. 17, valued at nearly $358 million. FINAL Day 5 Update for 1/17 #Bitcoin ETF Holdings$GBTC finally posted their data, showing 10,824 $BTC outflow. On a net basis, ETFs bought 10,667 #Bitcoin on Day 5. Ready for 1/18 reports $IBIT $FBTC $ARKB $BITB $BRRR $BTCO $HODL $EZBC $BTCW $DEFI $GBTC pic.twitter.com/WFEkvStjBc — CC15Capital (@Capital15C) January 18, 2024 Collectively, nine ETFs, excluding Grayscale, have amassed close to 68,500 BTC since their inception, now valued at around $2.8 billion. The recent acquisitions of Bitcoin by various ETFs have been counterbalanced by ong...

With the anticipation of an approval of the first spot Bitcoin (BTC) exchange -traded fund (ETF), trading on cryptocurrency exchange s has picked up the pace, surpassing the monthly volume of $1 trillion for the first time since September 2022. Indeed, December 2023 witnessed a massive uptick in crypto trading on exchanges, with the volume reaching $1.1 trillion, a level last achieved over a year before, according to the information shared by the crypto market monitoring platform on January 2. December 2023 vs. September 2022 As it happens, back in September, monthly trading volume for crypto exchanges crossed the $1 trillion mark, registering a total of $1.03 trillion. It is also worth noting that the recent figures set the highest monthly mark since May 2022, when trading volume hit $1.35 trillion, the platform said. Monthly spot market volumes across crypto exchanges. Source: The Block Notably, Binance was the top crypto trading platform of choice in December, during which i...

South Korea’s digital asset market has seen remarkable growth in the first half of 2023, with its total market capitalization hitting $21.1 billion. The Financial Services Commission (FSC) of South Korea revealed that the country’s crypto market cap witnessed a 46% increase compared to the previous half-year term, local media outlets reported. The global crypto market has also experienced significant growth during the same period, with its market cap surging by 53% to reach $114 million (154 trillion won). Bitcoin (BTC), the leading crypto currency, saw its price rise by a robust 81%. South Korean crypto operators see 82% profit surge In addition to the sharp rise in market capitalization, South Korea’s virtual marketplace operators disclosed a remarkable 82% boost in operating profits, amounting to $168 million in the year’s initial half. Furthermore, deposits within these crypto currency exchanges experienced an 11% increase, reaching approximately $3 bi...

Robin HOOD released its Q2 2023 earnings report a few hours back. The platform reported a crypto Trading revenue of $31 million for the second quarter. The figure mentioned above is down 18% from Q1’s $38 million. The latest crypto volume accounted for 16% of Robin HOOD ’s aggregate Trading volume in Q2. The crypto assets under custody did not register any change when compared to the first quarter. Robinhood reported having $11.5 billion in assets under management at the end of Q2. Nevertheless, the number rose fairly from December 2022’s $8.431 billion. During the earnings call, Vlad Tenev, the company’s Co-Founder and Chief Executive Officer said that users get “more crypto ” for their dollar than most other competitors. He mentioned that the company’s goal is to be the safest and most trusted place for customers to hold, trade, and transact crypto . Tenev added, “With all of the turmoil in the space over the past year or ...

Forex trading skills can be used to improve crypto trading performance. Cryptocurrency adoption continues to grow, especially more as of late, as the recent banking crisis has highlighted the challenges of the traditional financial system. Despite all the doom and gloom that came in the first quarter from the Fed’s inflation-fighting rate hike campaign, banking turmoil and growing concerns that the economy is headed for a recession, Bitcoin (BTC) has risen significantly, up to 80% year to date. Many traders seem to believe that the dollar will gradually lose some of its preferred reserve currency status, with crypto being one of the beneficiaries. Newcomers may join the crypto market for various activities, such as staking, yield farming, play-to-earn gaming and more, but trading still plays a central role. Despite the fact that digital assets are a relatively new asset class for private investors to trade and invest in, the crypto market is very similar to traditional trading in some...