As shown on the Hang Seng Index chart (Hong Kong 50 on FXOpen), prices have fallen by almost 10% since trading began today, and the session is not over yet. According to Reuters, bearish sentiment was driven by uncertain statements from Chinese officials regarding economic stimulus measures. This has raised doubts in the stock market […]

Bitcoin’s price surged through $62,000 on October 4. Excitement over the upcoming HBO documentary Money Electric: The Bitcoin Mystery drove the rise. Set to air on October 8, the film promises to expose the identity of Satoshi Nakamoto, a mystery […] The post Bitcoin Surges as HBO Documentary Over Satoshi Nakamoto Heats Up appeared first […]

DeFi platform Infinex has announced a partnership with Wormhole to offer cross-chain functionality. The platform successfully raised $65.3 million through the sale of “Patron NFTs,” with a total of 41,252 NFTs sold. Buyers included retail investors, Solana Ventures, Breyer Capital, and notable individual investors such as Solana founder Anatoly Yak

As shown on the XBR/USD chart, Brent crude oil prices surged by over 8.5% last week — marking the largest increase in 2024, driven by escalating tensions in the Middle East. Although oil prices continued to climb earlier this week, a pullback occurred on Tuesday, causing Brent crude to drop below the $80 level. It […]

On October 7, reports indicate that despite the 3-5% cost of converting stablecoins like USDT into stocks, the potential for a 50-70% rise in Chinese equities makes this strategy appealing. According to observers, while Chinese stocks have surged by 20% since late September due to government stimulus policies, Bitcoin has remained relatively stable

According to official data, the holdings of the Bitwise Spot Ethereum Exchange Traded Fund (ETHW) have exceeded 100,000 ETH, reaching 100,152.95 ETH as of October 4, with a market value of $243,267,526.35. Additionally, Arkham monitoring data indicates that around five hours ago, 358.714 ETH was transferred from the Kraken exchange to ETHW. Approxi

Since Bitcoin’s halving in April 2024, daily mining revenues have dropped significantly from $70 million to $31 million. However, mining stocks have remained relatively stable, performing slightly below Bitcoin but exceeding overall market expectations. As mining revenues begin to bottom out, a rebound in mining stocks may be on the horizon. Many m

Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the

FTX has received court approval to proceed with its bankruptcy plan, almost two years after the crypto exchange collapsed and filed for bankruptcy in November 2022.

The US bankruptcy judge Jon Dorsey has approved the reorganization plan for FTX, paving the way for the defunct cryptocurrency exchange to repay billions of dollars to its creditors. The decision marks a significant update in the company’s efforts to wind down operations and compensate affected customers. FTX Bankruptcy Plan Approved, Credito