Trading

The red carpet of cryptocurrency rolled out for rapper Waka Flocka Flame’s FLOCKA token launch on June 17th, but quickly transformed into a red flag for investors. Suspicious pre-launch activity has cast a long shadow over the new coin, sparking accusations of insider trading and raising concerns about celebrity involvement in the volatile crypto market. 40% FLOCKA Disappears Before Takeoff Blockchain detectives were the first to sound the alarm. Just before FLOCKA’s official debut, a single wallet swooped in and…

New York, New York, June 18th, 2024, Chainwire Bluefin, a new financial ecosystem, is on a mission to create the on-chain equivalent of the most well-known centralized exchanges, i.e. Binance, leveraging decentralized technology to offer a revolutionary approach to interacting with financial markets. Currently, Bluefin provides a cutting-edge, user-friendly platform for derivatives trading, making professional financial tools accessible to everyone, regardless of their crypto expertise. What is Bluefin? Bluefin provides a decentralized derivatives exchange (DEX) designed to offer secure, efficient,…

The post Binance Lists zkSync’s ZK Token: New Trading Pairs and Community Distribution Program Announced appeared first on Coinpedia Fintech News Binance has made big news in cryptocurrency by listing zkSync’s ZK token and launching a distribution program to boost community involvement. Mixed Reactions to Trading Pair Selection zkSync’s ZK token, renowned for its layer 2 scaling solution on Ethereum using zero-knowledge proofs (ZK), will start trading on Binance on June 17th. However, The ZKsync (ZK) trading start time, initially…

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X (formerly Twitter) post that they are moving their “over/under date” for the launch of the Spot Ethereum ETFs to July 2. He revealed they had…

Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most likely, these permanent holders are institutions with deeper pockets and are willing to hang on. Unlike retailers, these entities can often choose to hold for…

The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). The token, promoted by the controversial figure Andrew Tate, has gained traction, surpassing Iggy Azalea’s MOTHER.  However, Tate is now accused of some concerning activity for crypto investors. Andrew Tate Endorses DADDY On June 11, former pro kickboxer and controversial online figure Andrew Tate started promoting a new memecoin. The DADDY token was marketed as the direct competition to Iggy Azalea’s MOTHER, the most…

Road Town, BVI, June 13th, 2024, Chainwire In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Aethir (ATH) on June 12, 2024. Users of LBank Exchange can brace themselves for the ATH/USDT trading pair, which has gone live already. Aethir (ATH) is a cloud computing infrastructure platform that transforms the ownership, distribution, and utilization of enterprise-grade GPUs through a scalable, decentralized framework for sharing computational…

Itau Unibanco, Brazil’s largest bank, now offers Bitcoin trading to all customers. The bank’s assets under management total BRL 2.069 trillion, emphasizing its market leadership. Following the latest insights on Brazil’s Bitcoin tax rules by CNF, Itau Unibanco has made a significant expansion in its financial services. The bank has introduced cryptocurrency trading to all customers through its in-house investment platform, Ion. Previously, these services were restricted to a selected group of users. This move by Brazil’s financial giant showcases…

The post Orexbot by Avenix Fzco: Elevating XAUUSD Trading with Advanced Algorithms  appeared first on Coinpedia Fintech News Major fintech firm Avenix Fzco, headquartered in Dubai, United Arab Emirates, has introduced Orexbot, its newest forex robot creation. This state-of-the-art Expert Advisor is intended especially for the MT4 platform and is set to completely change how traders approach the XAUUSD (Gold) symbol on the H1 timeframe. Orexbot aims to be the best trading tool for those trying to succeed in the…