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Binance It says it has become the first cryptocurrency exchange to offer asset management solutions. Binance Wealth, announced On Tuesday (October 29), asset managers will be able to oversee customer onboarding and Similar to traditional wealth management, you can make investment recommendations and receive support during and after onboarding. “Binance Wealth is the first crypto exchange solution that enables wealth managers to meet the interest of high-net-worth clients for exposure to this new asset class,” the company said in a news release. “Binance is responding to the demand of the personal wealth segment who want to diversify their portfolio with…
The Open Network (TON) is on track to close out 2024 as one of the fastest growing blockchains. Still, how much has this network grown so far? Ethereum has become the benchmark by which networks measure performance, and Toncoin is on track to surpass one of Ethereum's biggest growth metrics. A CryptoQuant analyst called Maartunn recently predicted that TON is on track to surpass Ethereum in terms of number of holders. Our analysis also predicts that this could happen by the end of December 2024. TON address statistics |Source: Into the Block This analysis is primarily based on the observation…
According to K33 Research, unlike in March, Bitcoin (BTC) is not showing any signs of enthusiasm indicating room for further price appreciation. report It was released on October 29th.At the time of writing, BTC is trading at $73,500, about $300 away from a new all-time high.Despite an impressive rally of more than 8% over the past week, Bitcoin trading volumes remain subdued. Daily trading volume averaged $2.6 billion, almost half the level in the first quarter of this year. TThe relatively quiet market activity suggests healthy, gradual buying rather than panic buying. Additionally, Ethereum (ETH) has been a laggard, with…
Bitcoin has broken above the $70,000 level, but Ethereum’s technical indicators suggest a different trajectory, according to analyst Alan Santana. The second-largest cryptocurrency continues to show a bearish pattern despite the overall market's apparent strength. Ethereum remains within bearish flag According to Santana’s daily timeframe analysis, Ethereum continues to move within a bearish flag pattern. This is essentially a continuation formation that signals the possibility of further decline.- Advertisement – The cryptocurrency remains well below its October 21st high. The analyst said there were no signs of a breakout of key resistance levels. Analysts suggest that Bitcoin's move above $70,000…
Cryptocurrency markets soar on Tuesday Donald Trump”Increased electoral probabilities, broader economic factors, and easing geopolitical tensions. cryptocurrencyprice Gain +/-Bitcoin BTC/USD $72,870.84+4.4%Ethereum ETH/USD $2,662.43+5.8%Solana Sol/USD $179.25+1.3%dogecoin doge/usd $0.1731+10.4%Shiba Inu SHIB/USD $0.00001902 +6.8% Notable statistics: According to IntoTheBlock data, large transaction volume increased by 112.3% and daily active addresses increased by 18.2%. Transactions over $100,000 increased from 5,505 to 9,521 in one day. Exchange net flows decreased by 1,448.6%. According to Coinglass data, 61,293 traders liquidated for $263.54 million in the past 24 hours. Cryptocurrency analyst Miles Deutscher predicted future supply constraints, pointing out that Bitcoin foreign exchange reserves have reached an…
Cryptocurrency prices are currently on the rise, with many popular coins seeing significant gains. For example, Bitcoin, the largest cryptocurrency, rose 5.4% in one day to more than $73,000. Ethereum also rose 5.3% to over $2,600. Other coins are also rising, with Bitcoin Cash up 8%, Avalanche 5.86%, Cardano 3.96%, and SOL 3.56%, according to CoinMarketCap. The main reason for this rise is that large investors are putting more money into cryptocurrencies. BlackRock's Bitcoin ETF has delivered about $200 million in gains each day over the past week. On October 28th alone, the ETF saw $300 million in new investments.…
Bitcoin prices appear to be on the verge of hitting new all-time highs amid a massive rally in the lead-up to the US presidential election. The price managed to rise to $73,600, less than $200 away from a new high. Source: TradingView This caused major disruption in the derivatives market, leaving $110 million worth of short positions underwater. As of this writing, the price is currently below $73,000, trading up over 4.2% in the past 24 hours alone. It is also worth noting that the total trading volume of Spot Bitcoin ETFs in the US today reached a whopping $3…
Important points Bitcoin topped $73,000 on Tuesday and is now within striking distance of its all-time high set in March.Bitcoin's rally also pushed MicroStrategy stock to a 52-week high.Analysts say trading activity in Bitcoin-related investments has increased ahead of the U.S. election. Bitcoin (BTCUSD) traded around $73,000 on Tuesday for the first time since March, gaining momentum ahead of the U.S. presidential election as investors poured billions into spot Bitcoin exchange-traded funds. This momentum has pushed the most-traded cryptocurrency close to its all-time high of $73,798, set earlier this year. Also on Tuesday, shares of MicroStrategy (MSTR), which had over…
Over the years, Ethereum has established itself as a second-best competitor to Bitcoin in terms of technology, innovation, and use cases. If many people think of Bitcoin as “digital gold,” then Ethereum would be “digital silver.” However, like Bitcoin, Ethereum has also been the subject of a lot of criticism and attacks, with many claiming that its popularity will come to an end. The latest is a post on Twitter/X from Justin Bonn, in which he says Ethereum is “cooked.” Justin Bons, founder and CIO of Cyber Capital, shared his views on the future of Ethereum, the role of layer…
The fourth-largest cryptocurrency exchange by trading volume has announced a new partnership with a prominent international banking giant. In a new announcement, OKX said it will collaborate with Standard Chartered to enhance storage solutions for institutional customers. “Today, we are pleased to announce that we have officially partnered with Standard Chartered, a leading international cross-border bank, as a third-party cryptocurrency custodian for institutional investors. It reflects our commitment to asset security, innovation and the future.” According to a press release, Standard Chartered will act as a third-party custodian for OKX's institutional crypto clients. The partnership aims to strengthen the integration…