Standard Chartered: BTC will soar to $200,000 in 2025

Cryptocurrency News

With the potential approval of a Bitcoin ETF in the US, Standard Chartered analysts expect the first cryptocurrency to show unprecedented growth and reach $200,000 in 2025. Standard Chartered experts compared the expected launch of Bitcoin ETFs with gold ETFs, which once revolutionized the market. Analysts recalled that the first gold ETF in the US – SPDR Gold Shares (GLD) – was introduced in 2004 and is now the world’s largest ETF. “We expect Bitcoin…

CoinGecko talked about the most profitable cryptocurrencies of the year

Cryptocurrency News

The CoinGecko platform analyzed the 100 largest digital assets by capitalization and announced that 92 of them increased in price in 2023, bringing profit to their owners. The BONK meme coin has become the leader in cryptocurrency growth, increasing by 7302% over the year. On December 28, 2023, the token price was $0.0000146. The success of the cryptocurrency was consolidated after the coin was listed on the cryptocurrency exchanges Binance and Coinbase. Another factor could…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Ledger promises to reimburse victims of crypto wallet hacks $600,000

Cryptocurrency News

The manufacturer of cryptocurrency wallets Ledger announced its readiness to cover the losses of users incurred during a high-profile hacker attack on the company’s hardware devices. Ledger promised that, in addition to financial compensation to the affected owners of hardware crypto wallets, the company will update the software on the devices. By June 2024, users will be able to stop signing cryptocurrency transactions blindly. With blind signing, Ledger users do not see all the details…

BlackRock and SEC agree on redemption model for future Bitcoin spot ETF

Cryptocurrency News

BlackRock and the SEC have clarified the language regarding the mechanism for the creation and redemption of a spot Bitcoin ETF, which will be used by the fund if approved by the regulator. According to updates to the S-1 filing on the future mechanism for the creation and redemption of a Bitcoin spot ETF, the US Securities and Exchange Commission (SEC) and one of the world’s largest investment funds BlackRock have reached an interim agreement…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Terra-related tokens have skyrocketed in price since the start of the year

Cryptocurrency News

Some of the tokens associated with the Terra 2.0 and Terra Classic ecosystems are up over 10,000% year to date. Three tokens, Luna Classic (LUNC), Terra 2.0 (LUNA) and TerraUSD Classic (USTC), have jumped 70% in the last 24 hours alone. Within a week their price increased by 300%. According to CoinGecko, cumulative trading volumes of Terra-related tokens have exceeded $2 billion. “Terra stands out as a community of motivated and skilled people. Through strategic…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Nansen: The market reacted weakly to the Binance scandal and Changpeng Zhao’s guilty plea

Cryptocurrency News

Nansen analysts state: the settlement of civil and criminal charges brought by the US authorities against the world’s largest crypto exchange Binance and its CEO did not lead to a noticeable flight of capital from the cryptocurrency platform. Within 24 hours after the US Department of Justice announced that Binance had agreed to pay a fine of $4.3 billion and the resignation of Changpeng Zhao as CEO, the exchange experienced a one-time net capital outflow…

Bittrex Global announced the termination of its activities

Cryptocurrency News

The team of the Bittrex Global cryptocurrency exchange notified users that all trading operations on the site will cease as of December 4. In an official notice, the exchange said that this was a forced decision, which was due to legal problems that arose in relations with the US Securities and Exchange Commission (SEC), as well as the general deterioration of the regulatory climate in the United States. “All crypto assets are completely secure and…