The crypto derivatives market is roaring back to life, with Binance Futures leading the charge as its latest monthly trading volume surged past $1.04 trillion, eclipsing February’s $962 billion and March’s $683 billion. This growth in activity has coincided with Bitcoin’s latest rise from the $85,000 level to beyond $94,000, sparking fresh debate over the…
Stripe, a leading financial technology company that also integrates crypto payments, is building its first stablecoin financial product. Jeff Weinstein, Stripe’s co-founder and chief executive officer Patrick Collison confirmed the development via X on April 25. He said the company has had plans for such a product for “a decade.” The American payment giant’s first…
Share this article Your smart choices concerning capital can either make or break your trading career. Proprietary firms, commonly known as prop firms, are intended to enhance your financial journey and make it a smoother experience. Key takeaways Prop firms in the US are currently shaping and revolutionizing the trading industry. Most prop trading companies…
Popular crypto trading platform BingX, recognized for its user-friendly interface and copy trading tools, has announced a risk-free crypto trading offer for specific users. Keep reading as we discuss the main benefits of the BingX copy trading promotion and how to start copy trading on the exchange using the voucher. What Is the BingX Copy…
TL;DR Despite the recent minor resurgance, ETH continues to be among the biggest underperformers in the past several months, failing to chart a new all-time high and losing a massive chunk of its value. However, one analyst believes this could be a blessing in disguise for the second-largest cryptocurrency as it can pull off a…
PENGU price has exploded out of a multi-week consolidation phase, jumping 38% in the past 24 hours amid rising volume, eyeing $0.015 next. Pudgy Penguins (PENGU) just surged 40% in the past 24 hours, breaking out of multi-week accumulation phase marked by sideways movement and low volatility. It’s now testing the previous resistance level at…
Asian crypto adoption has made significant progress in the global crypto landscape. Take crypto mining, for example. Before China’s ban on cryptocurrency in 2021, the country dominated the industry, controlling 67% of the global hash rate at its peak. Since then, other countries like Malaysia, Indonesia, Thailand, and Laos have positioned themselves as the new…
Cathie Wood-led asset manager ARK Invest has revised its Bitcoin price targets for 2030, boosting its “bull case” to $2.4 million from $1.5 million. The “bear” and “base” case scenarios were also raised to $500,000 and $1.2 million, respectively, according to a report by ARK’s David Puell on April 24. These adjustments follow an earlier…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Chatbots blew our minds when they first emerged more than a year ago. Having a conversation with an AI as if it were a human in the next room, seeing it summarize…
Key Takeaways The Fed formally withdrew key guidance that governs how state member banks must handle crypto and stablecoin activities. Regulatory bodies are collaborating to support innovation in crypto-asset activities while ensuring risk management. Share this article The Federal Reserve Board announced Thursday that it is withdrawing key supervisory guidance on crypto and stablecoin activities…
