Crypto News
Exploring the Impact of CME Bitcoin Futures on Binance: A Heartfelt Look at the 18% Open Interest Drop
Exploring the Impact of CME Bitcoin Futures on Binance: A Heartfelt Look at the 18% Open Interest Drop Introduction Recently, CryptoSlate’s analysis shed light on the open interest of Bitcoin futures across major exchanges. In the last 24 hours, there has been a significant reshuffling of open interest in Bitcoin, with a remarkable surge and…
Unpacking Binance’s Decline: A Look at Regulatory and Legal Challenges Impacting Dominance in the Crypto Market
Binance dominance fell to 44% last year amid mounting regulatory and legal woes A Closer Look at Binance’s Market Share Decline Crypto exchange Binance, once a powerhouse in the cryptocurrency industry, saw its market share drop to 44.5% last year, according to data from Paris-based crypto intelligence platform Kaiko. This decline marked a significant shift…
Bitcoin Plummets as ETF Approval Hangs in the Balance: What This Means for Cryptocurrency Investors
US SEC Faces Decision on Bitcoin ETFs January 10 Deadline Approaching As the January 10 deadline for the US Securities and Exchange Commission (SEC) to decide on a series of spot Bitcoin Exchange-Traded Funds (ETFs) approaches, the market is rife with speculation. Initially, there was a strong consensus for approval, but recent expert analyses suggest…
Bitcoin’s Price Plummets: A Closer Look at the Recent $470 Million Market Liquidation
Bitcoin loses ground, plunges below $42,000 amidst $470 million market liquidation Bitcoin’s current market performance is marked by a 7% dip, with the digital asset hitting a low of $41,500 after previously soaring above $45,000. Over the past 24 hours, the market has experienced significant liquidation, approximating $ 470 million, contributing to the digital asset’s…
Breaking Barriers: Bitcoin Makes History as it Breaks Through Securities Barrier!
An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which could be approved sooner than later Other ETFs Considering Bitcoin As An Investment Option Crypto commentator…
7 Cryptos That Will Make You Go Bullish: A Fun and Friendly Guide to Navigating the Market!
The 7 Best Cryptos To Buy As the Market Turns Bullish A Bullish Trend Emerging As the crypto market gears up for the festive season, a bullish trend is emerging, spotlighting seven cryptocurrencies: Solana (SOL), Cardano (ADA), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), Osmosis (OSMO), VeChain (VET), and the rising star, ScapesMania. A Shift Towards…
Exploring the Interconnection Between Banks, Financial Institutions, and Crypto Firms: A Look at EU Regulators’ Actions
EU Regulators to Examine Interconnection between Banks, Financial Institutions, and Crypto Firms The move that could significantly impact the growth of the cryptocurrency industry in the European Union, EU regulators have announced plans to investigate links between banks and financial firms, which also include crypto groups. Reported by Financial Times. The European Banking Authority (EBA)…
Bitcoin Takes the Lead: A Quirky Look at Its 4-Quarter Winning Streak Against Ethereum
Bitcoin outshines Ethereum, leads for four successive quarters in performance Bitcoin’s Dominance Over Ethereum Quick Take Bitcoin has maintained a notable ascendancy over Ethereum throughout 2023, sustaining a performance that outstripped Ethereum each quarter. In Q1, Bitcoin’s value surge of 72% significantly overshadowed Ethereum’s 52% increase. The trend continued into Q2, with Bitcoin and Ethereum…