Author: admin

EUR/GBP rose to around 0.8340 in early European trading on Tuesday. ECB President Wansch said it was too early to discuss December's policy decisions. The central bank is likely to cut its policy rate by 4.5 percentage points to 4.75% at its November meeting, according to a Reuters poll. The euro/pound cross was trading in positive territory at around 0.8340 in early European trading on Tuesday. The price of the euro (EUR) against the British pound (GBP) rose following comments from European Central Bank (ECB) policymaker Pierre Wunche. Investors are waiting for preliminary third-quarter gross domestic product (GDP) figures for…

On Tuesday, leading cryptocurrency Bitcoin strike The price was $71,500, the highest since early June. The flagship cryptocurrency is up about 12% this month, and Uptober lives up to its name. According to crypto analysis firm CryptoQuant, the current bull market is being led by the whale on the Binance exchange, which has seen steady inflows of US capital. look-on-chain data show Earlier this Friday, Whale recently withdrew approximately $40 million worth of Bitcoin from the Binance exchange. Bitcoin ETF records huge inflows Bitcoin exchange-traded funds (ETFs) recorded a whopping $479 million worth of inflows on Monday, according to data…

Vienna-based cryptocurrency exchange Bitpanda is considering an initial public offering in Frankfurt.Financial giants Citigroup and JPMorgan Chase are leading the move, providing guidance to Bitpanda on possible options, including a sale.Bitpanda's potential IPO listing is expected to value it in excess of $4 billion. It was last valued at $4.1 billion in August 2021 after a major investment round led by billionaire Peter Thiel's Valar Ventures and backed by Alan Howard and REDO Ventures.Interest in an IPO or sale has been driven by the regulatory approval of a Bitcoin ETF and subsequent success of the product. Bitcoin, which just topped…

Spain is on track to overtake the United States this year to become the world's fastest-growing major advanced economy, expanding more than three times faster than the eurozone as a whole.Economists compiled by forecasters Consensus Economics expect this week's GDP figures to show Spain is on track to grow by 2.7% this year, driven by a combination of immigration, tourism, foreign investment and public spending. There is. The IMF is more bullish, including Spain along with the G7 countries in its outlook for large industrialized economies. The fund last week said it expected U.S. growth to be 2.9%, slightly higher…

Bitcoin prices rose above $71,000 on Tuesday for the first time since June, boosted by inflows into dedicated exchange-traded funds (ETFs) and speculation about next week's U.S. presidential election.Bitcoin, the largest digital asset, rose 5% to $71,020. Bitcoin prices hit an all-time high of $73,750 in March and are up 70% in 2024. Other cryptocurrencies also rose, with No. 2 Ethereum up 5.5%, Dogecoin up 15%, Solana up 4%, and BNB up 3.3%. According to data from Coinmarketcap.The rise in Bitcoin prices comes as Republican presidential candidate Donald Trump actively embraced the digital asset during his campaign, leading traders to…

Recently, there was a transfer of 10,000 ETH worth approximately $24.93 million from the Gemini exchange to an unknown wallet. Such moves are not all that uncommon in the cryptocurrency sector, but they usually indicate the intentions of large investors. These large investors are known as whales. Most of these transfers occur before major market activity, making them a useful tip for small investors and traders. This article examines the consequences of such a trade. Also technical indicators that show the latest price of Ethereum and the possibility of an uptrend.- Advertisement – Whale activity: a signal for investors? The…

It seems like you can’t read any crypto news without hearing about presales. New projects that raise money before launch are generating some serious buzz while also getting the kind of financial support that startups can only dream of. Presales offer a lot to investors. It's cheaper to participate than buying tokens after launch, and there's also a chance to make a hefty profit from it. If you're interested in these benefits, you're probably wondering how to find the best crypto presales to invest in. The truth is that attractive presale opportunities can be found through the following sources: Crypto-focused…

SINGAPORE – Cryptocurrency exchange Gemini, which has been focused on growing its business in the region, has received provisional approval from Singapore regulators. The New York-based exchange has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide cross-border remittance and digital payment token services. Saad Ahmed, head of Asia Pacific operations, said the exchange is now one step closer to providing localized services that meet the needs of customers in the region. “While the United States remains our largest market and global headquarters, Asia and Singapore in particular play an important role in our global strategy,” he…

Bitcoin (BTC) and altcoins rebounded sharply today, recovering from selling pressure amid what appears to be a rally in the broader crypto market. Bitcoin (BTC) rose 5.4% to over $71,200, less than 5% from now to reach a new all-time high. Ethereum (ETH), BNB Coin, Solana (SOL), and others also joined the bandwagon, recording modest gains. This major push comes just ahead of the US election, as President Trump's trading begins across stock and cryptocurrency markets. Meme coins such as DOGE and SHIB have even higher returns of over 10%. Bitcoin leads crypto market rally, focus on new ATH due…

Basic crypto briefly led more than 30% of daily stablecoin transactions. There was also a significant increase in TVL and overall transactions. The underlying cryptocurrency has seen a surge in activity recently, marking significant milestones in several key metrics in October this year. Recent data highlights that stablecoin trading on Base has reached record levels, surpassing other major platforms in volume and cementing its growing influence. Basic Crypto Stablecoin Volume Reaches New Heights According to Artemis data, Base crypto briefly achieved the highest daily stablecoin trading volume, surpassing established platforms such as Solana, Ethereum, and Tron. More than 30% of…