Bitcoin Price Action Will ‘Astonish’ This Week: Analyst
The cryptocurrency hit an all-time high against the euro on Monday and is attempting to push for an all-time high in dollar terms.
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The cryptocurrency hit an all-time high against the euro on Monday and is attempting to push for an all-time high in dollar terms.
USDT, a stablecoin issued by Tether, hit the $100 billion market value for the first time in its history, according to CoinGecko data, as the rally on crypto markets expanded.
Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry’s sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc.
The surge comes ahead of the anticipated halving event and rising inflows on bitcoin ETFs.
Futures products tied to PEPE saw unusually large liquidations since Friday, suggesting short covering.
Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.
In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions.
The Taiko project, distinguished for its “based sequencing” architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.
Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs.
As reported last week, the burn removes 2% of the tokens from the circulating supply.