Analyst Benjamin Cowen is issuing a warning on Ethereum (ETH) as the second-largest crypto asset lingers around 40% below the 2024 high recorded in March. Cowen tells his 811,000 YouTube subscribers in a new video that Ethereum could depreciate by at least 5% against Bitcoin (BTC) going forward. “When I look at this chart what…
Terrill Dicki Sep 04, 2024 17:21 Binance Futures has announced updates to the leverage and margin tiers for several USDⓈ-M and COIN-M perpetual contracts, effective from September 4, 2024. Binance Futures has introduced significant updates to the leverage and margin tiers for several USDⓈ-M and COIN-M perpetual…
One Bitcoin investor cohort has unloaded tens of billions of dollars worth of BTC in a matter of weeks, according to a popular crypto analyst. The trader Ali Martinez tells his 70,100 followers on the social media platform X that short-term holders (STHs) have offloaded 642,366 BTC worth $36.434 billion since mid-August. “While many aspire…
Rebeca Moen Sep 04, 2024 02:45 The Ethereum Foundation has launched a new round of data collection grants aimed at improving the understanding and robustness of the Ethereum network. The Ethereum Foundation has announced a new round of grants focused on data collection initiatives, aiming to enhance…
A widely followed crypto analyst believes that Ethereum (ETH) and one of its competitors are setting up for big recovery rallies. Pseudonymous crypto trader Kaleo tells his 645,400 followers on the social media platform X that Ethereum could soon soar by double digits after testing the $2,100 level and then breaking out of a descending…
The Swiss Franc Carry Trade has long been a popular strategy for investors seeking to profit from interest rate differentials. With its status as a safe-haven currency, the Swiss franc offers both opportunities and risks for those engaged in this type of trade. Recently, the appeal of the Swiss Franc Carry Trade has grown, particularly…
Timothy Morano Sep 03, 2024 06:11 Binance Futures is set to introduce the FLUXUSDT Perpetual Contract with up to 75x leverage, expanding its trading options. Binance Futures has announced the launch of a new USDⓈ-margined FLUXUSDT Perpetual Contract, offering up to 75x leverage. This move is part…
The U.S. Securities and Exchange Commission (SEC) is signaling potential objection to FTX’s proposed plan to repay creditors with stablecoins. In a new official court filing, the SEC acknowledges that FTX’s Chapter 11 repayment plan may not be illegal while maintaining that the regulatory agency has the right to challenge any transactions involving crypto. “The…
Casinos in Thailand are on the brink of transforming the nation’s tourism landscape. Thailand is poised to join the ranks of Macau and Singapore as a premier gaming destination, offering a dynamic blend of cultural allure and modern entertainment. This move is not just about gambling; it’s about enhancing tourism in Thailand, creating new opportunities…
The Federal Reserve’s recent actions have sparked significant debate among economists and market analysts. Many experts now question whether the central bank’s approach could lead to a critical policy error. As the Federal Reserve continues to maintain a tight stance on monetary policy, concerns about the U.S. economy’s ability to weather these conditions are growing….