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The head of analytics for decentralized finance protocol Derive has stated that there is a 10.5% chance that Ethereum will reach $6,000 by January 31, 2025, while there is a 6% chance that Bitcoin will exceed $150,000. Sean Dawson said the derivatives market situation suggests that the bull run in Bitcoin and Ethereum could continue into January: “As for the options deviation figures, they remain stable since last week. The market consolidated over the weekend
American crypto exchange Coinbase will stop providing access to USDT to users from EU countries by the end of the year. What’s going on? What will happen next to the world’s most popular stablecoin? How will this affect USDT holders? Why Coinbase Doesn’t Like USDT Coinbase is a trading platform and a commercial company that is trying to make money. It is not all-powerful and tries to operate within a certain legal framework, and in
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
Hardware crypto wallet maker Trezor reported a 600% increase in weekly sales of its devices, with Donald Trump’s victory in the US presidential election one of the factors driving up demand. Trezor Chief Commercial Officer Danny Sanders noted that the change in the White House administration means a positive change in the regulation of digital assets in the US. “This promises to provide greater regulatory clarity, leading to improved operating conditions for businesses in the
Experts from QCP Capital have published a new report on the situation on the crypto market, noting a decline in the rate of major cryptocurrencies. Investors are switching their attention from Bitcoin to Ethereum, analysts believe. QCP Capital noted that despite the correction, Bitcoin and Ethereum retained their positions above key support levels: $95,000 for Bitcoin and $3,200 for Ethereum. At the same time, volatility in the medium term remains elevated. “The industry expects Bitcoin
Analysts at 10X Research said that the Bitcoin rally is far from over. According to experts, the first cryptocurrency rate could reach $115,000 by the end of December. 10X Research published a report where they said that the cryptocurrency market has been saturated with liquidity in the last few weeks. Over the past month, the issuer of the largest stablecoin by capitalization, Tether , has issued 10 billion USDT , and Circle has added another
According to Tronscan, a user with the wallet address “TGr…XAE” transferred $129 million in USDT stablecoins to a phishing address on the TRON blockchain. Before that, the victim of the scam carried out a successful test transaction in the amount of 100 USDT and only then made a large transfer. According to Tronscan experts, the theft of funds occurred as a result of the substitution of the recipient’s address, since the phishing address “THc…bu8” imitated
CEO of the blockchain analytics platform CryptoQuant, Ki Young Ju, has revised his previous forecast for a decline in the Bitcoin rate. According to him, the price of the first cryptocurrency could reach $112,000 by the end of the year. Ki Young Ju stressed that the positive momentum for the first cryptocurrency is far from over. However, he warned investors that corrections are possible as the futures market is heavily leveraged. “Bitcoin outlook revised. Stay
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
Galaxy Digital founder and CEO Mike Novogratz shared his predictions about the price values that Bitcoin will reach in five to ten years, given the asset’s correlation with gold. Mike Novogratz said in an interview with Bloomberg that Bitcoin could equal gold in market capitalization in the next decade. The capitalization of the main precious metal is currently $16 trillion, making it the most expensive asset in the world. To reach such a value, Bitcoin









