HBAR Surges by 32% in a Week: How High Can It Go?
HBAR, the native token of Hedera, has soared by 32% in a week and 9% in a day, breaking above the $0.11 resistance level. Technical indicators suggest that the bullish trend will continue, with targets of $0.30 and $1 in sight. HBAR, the native cryptocurrency of the enterprise-grade blockchain network Hedera, has witnessed a strong […]
Bitcoin Miners Sell $35.9B Worth of BTC on OTC Desks Amid ETF Frenzy
Bitcoin miners have been selling their BTC holdings at a fast pace on OTC desks as they take advantage of the institutional demand for spot Bitcoin ETFs. According to Cryptoquant, miners have moved 700,000 BTC, worth $35.9 billion, to OTC desks in the past three weeks. Bitcoin miners are selling BTC quickly on OTC desks […]
Bitcoin Open Interest Hits $22.5 Billion as S&P 500 Soars to New Highs
Bitcoin open interest reached a three-year high of $22.5 billion, signaling bullish momentum for the leading cryptocurrency. Meanwhile, the S&P 500 index also hit a new record high of 5,000, boosted by Goldman Sachs’ revised forecast. Bitcoin Open Interest Surges to $22.5 Billion Bitcoin open interest, the total value of outstanding futures contracts, shot up […]
BTC Price Eyes $51,000 In Pre-Halving Rally as Whales Stack
As the BTC price catches up to the S&P 500 rally, the pre-halving rally could commence at any moment, with investors targeting $51,000. Amidst the overall market recovery, Bitcoin (BTC), the largest cryptocurrency in the world, is exhibiting robust performance, increasing by more than 4% and approaching $45,000. Massive whale accumulation has been occurring in Bitcoin […]
ESMA Sets Strict Guidelines For Non-EU Crypto Firms
To protect investors in accordance with the MiCA regulations, ESMA’s new rules restrict non-EU crypto firms from serving EU clients. The European Securities and Markets Authority (ESMA) recently issued rigorous operational guidelines for crypto firms outside the European Union (EU). As a result, these companies are subject to stringent limitations when it comes to providing […]