On April 17, 2023, Bybit, the world’s third most frequented cryptocurrency exchange announced the debut of its token sale platform, known as ByStarter, along with its very first project, known as Sui. ByStarter is a major step forward in Bybit’s effort to provide cutting-edge possibilities to the Web3 community, as per information shared with Finbold by the platform on April ...
In recent weeks, XRP has surfaced as one of the top-performing cryptocurrencies, with the ongoing legal battle between Ripple and the Securities Exchange Commission (SEC) playing a partial role in this surge. Notably, XRP has showcased its impressive performance by breaking crucial resistance levels and garnering sustained interest from investors. The investor interest has resulted in XRP recording an inflow ...
ChatGPT, the text-based artificial intelligence (AI) platform, has been making waves in the financial sector, offering various insights and advice on trading and investment products. However, what’s interesting is that the platform isn’t just limited to providing financial advice but can also seek opinions. In this case, renowned billionaire investor and founder of the world’s largest hedge fund Bridgewater Associates, ...
Cardano (ADA), the seventh-largest cryptocurrency by market cap, is currently drawing the attention of traders and investors alike as it approaches a critical technical indicator that could trigger a significant price increase. Notably, crypto trading expert Ali Martinez has proposed that Cardano is ‘poised to confirm a head and shoulders pattern, which could ignite a 44% breakout, potentially propelling ADA’s ...
After Bitcoin (BTC) finally managed to cross the psychological barrier at $30,000, cryptocurrency analysts are predicting more success to follow for the flagship decentralized finance (DeFi) asset due to the historical chart patterns indicating it has completed all the necessary prerequisites to start a major bullish rally. Indeed, Bitcoin has completed its last pullback “before heading to the Moon,” i.e., ...
As the 2023 Bitcoin (BTC) rally continues, the cryptocurrency has recently achieved a 10-month high, surpassing $30,000, benefiting from generally positive market sentiment. Investors are now eagerly anticipating the next price target for Bitcoin, especially with the ongoing economic uncertainties. In this line, in a tweet on April 15, Stockmoney Lizards, a pseudonymous cryptocurrency analyst, said the current gains are ...
As the cryptocurrency industry continues to expand and institutions begin to show increased interest in digital assets such as Bitcoin (BTC), the management of the London Stock Exchange Group (LSEG) has decided to introduce Bitcoin futures and options into its offering. Indeed, the LSEG has joined forces with the institutional-grade digital trading venue focused on cryptocurrency derivatives, Global Futures and ...
After the United States Securities and Exchange Commission (SEC) filed a new argument to support its summary judgment motion in the widely publicized and prolonged lawsuit against Ripple, the blockchain company’s legal team refused to stay silent and filed its own argument contradicting the SEC’s reasoning. Specifically, Ripple’s lawyer Michael K. Kellogg wrote a response arguing that the proceedings from ...
Bitcoin’s (BTC) recent performance has been nothing short of impressive. After breaking above the key resistance level of $30,000 for the first time since June 2022, the digital currency has continued to climb, registering a staggering 80% year-to-date gain and briefly breaking above $31,000. This has happened despite significant uncertainty in the banking industry and the wider financial markets. The ...
After the news broke out that the bankrupt cryptocurrency trading platform FTX had recovered more than $7.3 billion in cash and liquid crypto assets and its attorney hinted that the crypto exchange could reopen at some point in the future, the FTX Token (FTT) has experienced a significant increase in on-chain activity. Indeed, the on-chain activity of the collapsed company’s ...
