OKX, a leading cryptocurrency exchange, has introduced a new USDC trading pair for Pi Network’s Pi Coin (PI), marking a significant expansion of its market liquidity. The move comes as the price and trading volume of Pi continue to decline. This reflects the ongoing market challenges and uncertainty surrounding the project. OKX Introduces Pi Coin’s…
Data shows the Ethereum perpetual futures volume dominance has set a new all-time high relative to Bitcoin, a sign of elevated speculative interest in altcoins. Ethereum Perpetual Futures Volume Dominance Has Hit 67% According to data from on-chain analytics firm Glassnode, the Ethereum perpetual futures volume has shot up recently. Below is the chart cited…
Dogecoin began a contemporary decline under the $0.2320 zone towards the US Greenback. DOGE is now consolidating and would possibly dip additional under $0.210. DOGE worth began a contemporary decline under the $0.2250 degree. The worth is buying and selling under the $0.2250 degree and the 100-hourly easy shifting common. There’s a bearish pattern line…
DBS Financial institution has begun issuing tokenized structured notes on the Ethereum public blockchain, a step that opens these merchandise to a wider pool of traders. In keeping with DBS, the move by Singapore’s largest lender shifts a product lengthy saved for personal purchasers right into a market the place trades can occur extra simply…
Round 33,700 Bitcoin choices contracts will expire on Friday, August 22, and so they have a notional worth of roughly $3.8 billion. This expiry occasion is smaller than last week’s and unlikely to affect spot markets, which have began to maneuver increased after a mid-week correction. All eyes are on the Federal Reserve Chair speaking…
European officials are moving faster on plans for a digital euro after Washington passed a sweeping stablecoin law that many in Brussels see as a threat to the competitiveness of the EU’s single currency. According to the Financial Times, people close to the talks said the shift began after the US approved the Guiding and…
Crypto market is holding key ranges forward of Fed Chair Jerome Powell’s speech at Jackson Gap later at this time. Bitcoin is buying and selling at $113,000 after dipping to $112,000 in a single day, whereas Ethereum stays close to the $4,300 mark, little modified previously 24 hours. OKB continues its sharp rally, briefly crossing…
The US Justice Division won’t goal software program builders who create decentralized platforms for transmitting cryptocurrencies with out legal intent, a senior official mentioned on Thursday. Appearing Assistant Lawyer Basic Matthew Galeotti told a digital assets summit in Wyoming that writing pc code by itself shouldn’t be a criminal offense. “Our view is that merely…
Strategy (previously MicroStrategy), the software firm co-founded by Bitcoin (BTC) bull Michael Saylor has seen its stock, MSTR, take a considerable hit plummeting by nearly 20% since last month, in line with the broader market correction. This downward trend is expected to persist, according to Gus Galá, an analyst at Monness, Crespi, Hardt, who recently…
XRP price is showing bearish signs below the $2.950 resistance zone. The price is struggling to recover and might decline further below $2.820. XRP price is declining below the $2.950 and $2.920 levels. The price is now trading below $2.920 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance…