Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Historical Wealth Transfer Could Reshape Retail Trading and Investing – How? Margex Report
The following 10-20 years represent an era of new opportunities for many retailers. A great amount of financial wealth will be handed over to younger generations, such as Gen Z and Millennials. This shift in wealth transfers will not only affect the economy but will also have a ripple effect on the financial world and investing. This wealth transfer could be the largest in human history, with an estimated $82 trillion to be handed over to the younger generation by…
1 year ago
BingX Announces To Launch A USDC Margin Futures Trading On Its Sixth Anniversary!
The post BingX Announces To Launch A USDC Margin Futures Trading On Its Sixth Anniversary! appeared first on Coinpedia Fintech News On the completion of its 6th anniversary, BingX, a cryptocurrency exchange has announced that it will launch a USDC margin future trading launchpool and launchpad. Further, it is planning to expand to new markets such as Vietnam, Turkey, and Argentina. The cryptocurrency platform is also planning to launch a documentary about whale and dolphin conservation to raise awareness about…
1 year ago
Retik Finance (RETIK) Launch Date Scheduled for May 21, Bullish Sentiment Surrounds Project with Experts Predicting 5x Pump in the First 24 Hours of Trading
Retik Finance (RETIK), a revolutionary project that is set to transform the decentralized finance (DeFi) space, is set to start on May 21, 2024, at 12 PM UTC. With analysts expecting a 500% price gain in the first 24 hours of trading, the project is garnering major interest within the cryptocurrency industry. It already raised an amazing $32,050,000 during its presale. Retik Finance: A Trailblazer in Bridging Traditional and Decentralized Finance Retik Finance has sparked interest with its novel approach…
1 year ago
Ripple’s XRP Holdings Drop Below 45% Amid Surge In Trading Volume
The post Ripple’s XRP Holdings Drop Below 45% Amid Surge In Trading Volume appeared first on Coinpedia Fintech News The U.S.-based financial technology company Ripple now holds 44.9 billion XRP, with 40 billion currently in escrow, having sold over 841 million tokens in Q1 2024. A recent XRP Market report for Q1 2024 by Ripple highlights a 40% jump in trading volumes amid the SEC and regulatory challenges. On the other hand, the report also notes that XRP holdings dropped…
1 year ago
MetaLend Introduces Cross-Chain Crypto Trading on Ronin Network
New York, USA, May 17th, 2024, Chainwire MetaLend, a crypto trading platform for Web3 gaming assets, has announced its latest update: cross-chain trading on the Ronin ecosystem. This new innovative feature gives users the ability to trade gaming assets on Ethereum, Polygon, and the Binance Smart Chain. After launching as the exclusive DeFi partner of the Ronin Chain in 2023, MetaLend is thrilled to now be expanding across chains. Following the sentiment, “gamers are the new traders,” MetaLend continues to…
1 year ago
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TradingNotcoin (NOT) Breaks into Top 10 Cryptos by Trading Volume
Notcoin (NOT) reached a significant milestone by entering the top 10 cryptocurrencies in daily trading volume shortly after its listing on major centralized exchanges on May 16. Within 24 hours, NOT reached the eighth position with a trading volume exceeding $1.4 billion. Despite an initial price drop from $0.02156 to $0.006618, it remains actively traded on major platforms such as Binance and OKX. Notcoin Broke into The Top 10 Following its official launch, Notcoin’s market capitalization soared to $1 billion…
1 year ago
CME to Offer Spot Bitcoin Trading: Impact on Binance and Coinbase
The post CME to Offer Spot Bitcoin Trading: Impact on Binance and Coinbase appeared first on Coinpedia Fintech News The Chicago Mercantile Exchange (CME), a leading bitcoin futures exchange, is reportedly considering offering spot bitcoin trading. This move could significantly impact major players like Binance and Coinbase by providing a regulated trading environment for bitcoin, addressing growing demand among market participants. Interestingly, followed by the news Bitcoin spot ETF trading has surged, reaching $5.65 billion, the highest since March 24th…
1 year ago
One Trading Extends the Reach of its Institutional Trading Services in Europe Through Integration with Talos
London, United Kingdom, May 16th, 2024, Chainwire Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network of liquidity providers, expanding the possible destinations for their shared clients looking to achieve best execution. Talos users will now be able to access One Trading’s high-speed…
1 year ago
CME Group Plans Spot Bitcoin Trading Launch to Meet Wall Street Demand
CME Group, the world’s largest futures exchange, will introduce spot Bitcoin trading, as reported by the Financial Times on Thursday. This move aims to meet the growing demand from Wall Street money managers for cryptocurrency exposure. CME Group Plans Bitcoin Spot Trading The Chicago-based exchange has been in discussions with traders seeking a regulated marketplace for Bitcoin transactions. While the plan isn’t finalized, it marks a significant step in integrating traditional finance with digital assets. Read more: What Are Bitcoin…
1 year ago