Trading

Bucking the trend within the highly volatile memecoin sector, Bonk (BONK), a Solana-native meme token, has exhibited a bearish bias despite prevailing bullish sentiment across the broader memecoin market. Recent data from CoinMarketCap reveals a staggering 25% price decline for Bonk over the past month, a stark contrast to the general upward trajectory witnessed across the meme coin landscape during the same period. At the time of writing, BONK was trading at $0.00002166, down 1.93% and 1.40% in the daily…

Trader and market analyst Peter Brandt has provided valuable perspectives on the recent price movement of Solana (SOL), suggesting the completion of a notable chart pattern. In particular, Brandt has noted a descending triangle pattern forming on Solana’s 4-hour price chart. Identified Chart Pattern On SOL And Its Implications The descending triangle pattern identified by lower highs and a horizontal support line is often interpreted in technical analysis as a signal of a potential downtrend continuation. Brandt’s recent post highlighted…

[PRESS RELEASE – Istanbul, Turkey, April 11th, 2024] Mayan’s innovative auction protocol attracts support from leading builders Anatoly Yakovenko, co-founder of Solana, Saeed Badreg, co-founder of Wormhole and more Mayan, the pioneer in auction-based cross-chain swaps, announced today the successful closure of a $3 million Seed Round co-led by 6th Man Ventures (6MV) and Borderless Capital. Notable participants in the round include Solana Ventures, Hash3, Big Brain Holdings, Arrington Capital, and Wormhole Cross-Chain Ecosystem Fund as well as notable angels…

Road town, bvi, April 11th, 2024, Chainwire In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, announced the listing of Exotrust (EXOT) on April 10, 2024. Users of LBank Exchange can brace themselves for the EXOT/USDT trading pair, which has gone live already. Exotrust (EXOT) serves as the payment currency on the ExotrustX platform, a Real World Asset (RWA) project facilitating the trading of diverse real assets including financial products,…

Crypto analyst Kamaz recently dropped a bullish trajectory analysis regarding Shiba Inu on its journey to reaching above the $0.00003 mark again. In his latest update, Kamaz noted three bullish price targets for SHIB in a long position after noting a potential market upswing. Interestingly, this bullish prediction comes amidst a wider market uncertainty and with Shiba Inu registering a bullish reversal in on-chain metrics.  Analyst Drops Bullish Trading Strategy Kamaz’s analysis is based on a 4-hour chart timeframe which…

The United States Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s proposal to introduce option trading on spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust and Bitwise Bitcoin ETF are directly affected since they hold BTC on the NYSE. SEC Delays Decision on Spot BTC ETF Options Trading The SEC cited in its April 8 filing that it will require a longer time to take action on the suggested rule change so that…

The post O2T Skyrockets 500% After ‘Social Trading’ Feature Announcement, Binance (BNB) Whales Join 1000x Movement appeared first on Coinpedia Fintech News The cryptocurrency world is witnessing a paradigm shift as Option2Trade (O2T) experiences an explosive 500% growth following its groundbreaking announcement of the ‘Social Trading’ feature. This unprecedented surge has not only placed O2T in the spotlight but has also attracted Binance (BNB) whales, marking a significant realignment within the crypto investment community towards the promising 1000x movement. This…

Binance has bounced back, boasting the highest spot and derivative trading volumes in three years. BNB remains strong, with prices hovering around $592 and market capitalization exceeding $87 billion. Binance, the renowned cryptocurrency exchange, has exhibited a remarkable resurgence in recent months, according to recent reports from CCData. The data indicates a significant surge in both spot and derivative trading volumes, propelling Binance to the forefront of the cryptocurrency market once again.  In March alone, combined spot and derivatives trading…

The United States Securities and Exchange Commission has delayed its decision to allow the New York Stock Exchange to offer options for trading on spot Bitcoin ETFs.  The next deadline for the SEC to approve, deny, or delay the proposed rule change on the New York Stock Exchange is on the 29th of May.  SEC Delays Decision  The Securities and Exchange Commission’s delay could significantly impact options trading on the Bitwise Bitcoin ETF (BITB), the Grayscale Bitcoin Trust (GBTC), and…