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Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.
TUSD trades at a discount versus Tether as former FTX auditor Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter.
ALSO: Singapore ranked second in CoinDesk's Crypto Hubs survey. The city state raised billions through IPOs, weathered the collapse of homegrown darlings Terraform Labs and Three Arrows Capital and is now searching for the right regulatory balance to encourage crypto without getting burned again.
The ETF saw about $500K worth of trades in the first 15 minutes.
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.
Investors are betting that recent filings for spot BTC ETF improve the chances for Grayscale to convert its trust into an ETF and close the price gap, one observer said.
The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.
The popular trading app will no longer support the trading of Cardano, Solana and Polygon after Tuesday.
Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China.
BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.
- 08:48Encrypted KOL Ansem: The Hyperliquid development team will not profit from the increased activitiesOn December 4th, crypto KOL Ansem posted on social media stating: The Hyperliquid development team will not profit from increased activities as it does not charge transaction fees. Instead, it is entirely self-funded and the rate of spending money is growing exponentially, without a single private investor.
- 08:47Elys Network has launched a preliminary airdrop inquiry and will release detailed airdrop information on December 8thOn December 4th, Cosmos DeFi Layer1 application chain Elys Network announced that the airdrop query has been launched, currently only able to query the airdrop situation of 5% of the supply. Elys will release detailed airdrop information accounting for 14% of the supply on December 8th, after which users can check their airdrop eligibility again. Elys Network stated that in order to meet the qualifications of ATOM stakers, Hydro users or StATOM holders, it is necessary to participate in voting for proposal 897 (ICS 2.0: Partial Set Security Integration). The qualification threshold is staking at least 10 ATOMs and adopting a quadratic distribution model.
- 08:39The ETH band address completed the 19th round of transactions, making a profit of one million US dollars in a single dayAccording to on-chain analyst Yu Jing's monitoring, ETH swing traders have been selling off the 11,257.7 ETH they bought yesterday at an average price of $3560 today and converted it all into $41.07 million USDT 20 minutes ago. This round of trading was sold at an average price of $3649, making a single-day profit of $1 million. This address has completed a total of 19 rounds of swing trades, with profits in 15 rounds and losses in 4 rounds.
