Interest

Four days ahead of the halving of the Bitcoin Cash (BCH) network, the cryptocurrency has recorded significant gains, and open interest in the asset’s derivatives products has more than tripled, placing it on the radar of crypto community members. Data from CoinMarketCap shows BCH has rallied over 15% in 24 hours and 33% in the past week. Bitcoin Cash open interest, per data on CoinGlass, has soared from $213 million recorded last week to $706 million presently, indicating growing bullish…

[PRESS RELEASE – Budapest, Hungary, March 28th, 2024] The recent news of BlackRock, a major investment giant, entering the cryptocurrency market sent shockwaves through the industry. This move signifies growing institutional interest in crypto assets, particularly Bitcoin. But what if Bitcoin holders could not only hold this valuable asset but also earn additional rewards on their holdings? StakeLayer introduces a revolutionary EigenLayer for Bitcoin, it’s a new Bitcoin’s Layer 2 that introduces Restaking for Bitcoin holders, poised to transform the…

Rumors regarding a potential spot Litecoin (LTC) Exchange-Traded Fund (ETF) have sparked a significant price surge, with the digital asset gaining 10% amid speculation of institutional interest. Fox Business journalist Eleanor Terrett, through a post on X (formerly Twitter), unveiled insights suggesting growing institutional intrigue towards a Litecoin ETF. Terrett shared, “SCOOP: Hearing rumblings on the institutional level about possible interest in a Litecoin ETF. The logic is that because of LTC functional similarities to BTC, the SEC may be…

The post Solana Ecosystem Outperforming Market, $GFOX Sees Renewed Investor Interest appeared first on Coinpedia Fintech News Solana survived the recent slump that affected Bitcoin and other top cryptos, outperforming most of the market. Solana-based memecoins are faring well, too, fueling $SOL’s rise even further. Meanwhile, the best upcoming ICO, Galaxy Fox, is seeing a fresh wave of investor interest as it nears the end of its presale phase. Let’s dive into what’s got the cryptosphere buzzing. $SOL Outperforms the…

As per a Bloomberg report, institutional clients of Goldman Sachs’ Asia Pacific division are displaying revitalized interest in Bitcoin, Ether, and other crypto assets. This trend indicates a notable evolution in the investment landscape for traditional financial institutions. According to Max Minton, the head of digital assets at Goldman Asia Pacific, a significant number of the firm’s top clients have recently engaged or are considering opportunities in the crypto industry. Bitcoin Remains the Most Popular This resurgence in interest follows…

Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is back in the spotlight with a surge in both search interest and token price. Google Trends data reveals a global increase in searches for “Shiba Inu” and related queries, indicating renewed investor optimism for the meme coin. Shiba Inu Surge Sparks Enthusiasm This increase comes after a quiet period for the memecoin. However, the past month has been nothing short of phenomenal. Search popularity reached a seven-day peak of 100 on March…

The AI ecosystem demonstrated the most resilience following the swift recovery of major AI altcoins in the current climate. With the broader crypto market recovering from its slump, AI altcoins stand out for their promising potential. Artificial intelligence's potential for growth has fueled the optimistic outlook of AI altcoins, which has been showcased by their rapid recovery in the recent volatile climate. Investors looking for higher gains have shifted their focus towards AI altcoins. Among the many options are three…

The cryptocurrency market is notorious for its volatility and huge returns. Most established cryptocurrencies have seen 10x to 100x returns over their lifetime. New investors are always on the lookout for such opportunities. In this article, we discuss why Kelexo (KLXO), a new entry in the market, could offer these kinds of returns to investors. We shine the light on the Cosmos (ATOM) and Polkadot (DOT) investors already moving into its presale for various reasons. Experts expect Cosmos (ATOM) to…

Mid-March has marked a pivotal moment for many crypto fans who now put their sights firmly on the upcoming Fezoo (FEZ) exchange launch. Meanwhile, Ethereum (ETH) investors buzz amidst the noise of the latest Dencun upgrade and Avalanche (AVAX) is getting noticed for its varying movements.  With all these fluctuations, investors looking for diversification are wondering what dynamics power this development and how the emergence of Fezoo (FEZ) promises a new era for decentralized trading. Ethereum (ETH): Optimism Amidst Upgrades…