Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

The recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that track US ETF flows.

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A 

5 months ago

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

ETHEREUM LAYER 2s COULD HIT $1 TRILLION VALUATION BY 2030, VAN ECK PREDICTS

Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

Investment firm VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 but remains “generally bearish” on the long-term prospects of several such ...

5 months ago

Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.

Frax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain Noble

Frax Finance partners with Noble to bring FRAX and sFRAX tokens from Ethereum to the Cosmos ecosystem. Noble is a Cosmos application-specific blockchain des...

5 months ago

Biden-themed meme coin surges 70% as latest polls emerge

A meme coin inspired by U.S. President Joe Biden has surged over 70% today, reaching a market cap of $324 million.

Biden-themed meme coin surges 70% as latest polls emerge

Jeo Boden (BODEN) is a satirical Solana meme coin that mocks Biden’s public persona and policy views.  It features a website showing crude parodies of the U.S. president and heavily u...

5 months ago

Bithumb posts 57% annual loss soon after delayed IPO

The financial loss comes days after reports of Bithumb facing potential internal issues that led to the delay of its planned IPO.

Bithumb posts 57% annual loss soon after delayed IPO

Bithumb Korea, the operator of the South Korean cryptocurrency exchange Bithumb, posted a 57% loss in annual revenue for the fiscal year of 2023. The Seoul-based exchange’s annua...

5 months ago

AssangeDAO’s crypto activities suspicious, analysts urge caution

SlowMist urges transparent DAO operations amid recent fund transfers, sparking inquiries about fund destinations.

AssangeDAO’s crypto activities suspicious, analysts urge caution

Analysts at SlowMist have raised concerns about a possible “soft rug pull” on March 10 when a 100 Ether transaction from AssangeDAO’s address went to a recipient seemingly...

5 months ago

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

“Crypto Mom” called for more positive engagement with crypto firms and fewer enforcement threats from the SEC.

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

United States Securities and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for ...

5 months ago

Will MiCA regulation end Tether’s dominance in the EU?

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation could impact USDT and other stablecoins in the EU.

Will MiCA regulation end Tether’s dominance in the EU?

OKX, one of the largest global crypto exchanges, has recently delisted all USDT trading pairs to ensure compliance with the forthcoming Markets in Crypto-Assets Regulation (MiCA). This...

5 months ago

Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings

Trading Bots Buy and Sell Based on ETF Flows Data

Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings

Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US exchange-traded funds (ETFs) that hold the cryptocurrency.&nbs...

5 months ago

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

CrowdSwap Optimistic About ETF’s Growth Trajectory

DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF

Decentralized exchange CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF), comprising several crypto assets including Bitcoin and Ethereum.

5 months ago

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