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Donald Trump's $TRUMP Meme Coin Takes Crypto World By Storm With $14.5 Billion Market Capitalisation
The token, named Official Trump ($TRUMP), was announced Friday on Trump's Truth Social account, which directed users to the website GetTrumpMemes to acquire it.
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Adani Group Stocks Surge, Adani Power Jumps By 19%, Adani Green Gains 14%
While Adani Power rose to Rs 535 per share, as trading volume surged 11 times its 30-day average, Adani Green Energy increased to Rs 119 per share.
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Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
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Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI
The rapid rise in Futures and Options (F&O) trade volumes in recent years could pose several challenges as retail investors not following proper risk management could be impacted by sudden movements in markets, said a Reserve Bank report.
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Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report
Magic Eden reportedly saw over 45,000 Bitcoin NFT buyers this month and over 97,000 sellers listed their Bitcoin NFTs on the platform. Statistics show that the sales of Bitcoin-based NFTs picked pace when the price point of BTC reached and exceeded $25,000 (roughly Rs. 20.7 lakh).
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DeFi Gets Second Wind as Deposits Climb After Launch of Spot Bitcoin ETFs
Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.
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US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
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India’s WazirX Sees 90 Percent Dip in Crypto Trading Volume Amid Regulatory Delays
WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...
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NFTs Start Climbing Up Price Ladders Again as Bitcoin, Ether Show Continuous Rally
With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in values, a bunch of NFT series associated with these altcoins have started to be climb up the price tracker. Pudgy Penguins, Milady Maker, Claynosaurz, and Chads are some NFT collections that are trading in profits presently.
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Changpeng Zhao: 5 Points On Binance Founder Who Resigned Over Money Laundering Probe
Binance CEO Changpeng Zhao resigned from the company and pleaded guilty to breaking anti-money laundering laws of the United States as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange
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Giottus Exchange Announces India’s First Zero-Fee Crypto Trades for Users: Details
Indian crypto exchange Giottus on Monday, October 31 announced that it will allow its users to engage in crypto trades with zero fees. Indian government’s tax regime over crypto has dented trading volumes recorded by Indian exchanges which could be the reason why the exchange is now exploring strategies to spike trading volumes on its platform.
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US Sues Binance Crypto Exchange and CEO Changpeng Zhao Over 'Web of Deception' as Bitcoin Tumbles
US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a "web of deception," piling further pressure on the world's biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months.
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Coinbase Reports Quarterly Loss of $557 Million as Crypto Winter Continues in Wake of FTX Collapse
Coinbase reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange plunged to $145 billion (roughly Rs. 12 lakh crore), compared with $547 billion (roughly Rs. 45 lakh crore) a year earlier.
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Bond Yields At 1-Month High As RBI's Inflation Concerns Dent Sentiment
Most market participants expect benchmark yields to remain in a thin range till December-end, on low trading volumes and the absence of fresh cues.
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ByBit Crypto Exchange to Cut Staff by 30 Percent as Market Slump Sees No End
ByBit crypto exchange has decided on laying-off 30 percent of its workforce amid the ongoing crypto winter. The development was confirmed by ByBit CEO Ben Zhou on Twitter. ByBit, the Singapore-based company ranks eight out of 241 exchanges in terms of trading volume on CoinMarketCap and this is its second round of lay-offs this year.
-
Donald Trump's $TRUMP Meme Coin Takes Crypto World By Storm With $14.5 Billion Market Capitalisation
The token, named Official Trump ($TRUMP), was announced Friday on Trump's Truth Social account, which directed users to the website GetTrumpMemes to acquire it.
-
Adani Group Stocks Surge, Adani Power Jumps By 19%, Adani Green Gains 14%
While Adani Power rose to Rs 535 per share, as trading volume surged 11 times its 30-day average, Adani Green Energy increased to Rs 119 per share.
-
Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
-
Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI
The rapid rise in Futures and Options (F&O) trade volumes in recent years could pose several challenges as retail investors not following proper risk management could be impacted by sudden movements in markets, said a Reserve Bank report.
-
Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report
Magic Eden reportedly saw over 45,000 Bitcoin NFT buyers this month and over 97,000 sellers listed their Bitcoin NFTs on the platform. Statistics show that the sales of Bitcoin-based NFTs picked pace when the price point of BTC reached and exceeded $25,000 (roughly Rs. 20.7 lakh).
-
DeFi Gets Second Wind as Deposits Climb After Launch of Spot Bitcoin ETFs
Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.
-
US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
-
India’s WazirX Sees 90 Percent Dip in Crypto Trading Volume Amid Regulatory Delays
WazirX, as of November 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of trading volume. This is a 90 percent decline from its previous year’s trading volume of $10 billion (roughly Rs. 83,151 crore) and 2021’s figure of $43 billion (roughly Rs. 3,57,534 crore). In terms of addressing the potential reasons why tr...
-
NFTs Start Climbing Up Price Ladders Again as Bitcoin, Ether Show Continuous Rally
With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in values, a bunch of NFT series associated with these altcoins have started to be climb up the price tracker. Pudgy Penguins, Milady Maker, Claynosaurz, and Chads are some NFT collections that are trading in profits presently.
-
Changpeng Zhao: 5 Points On Binance Founder Who Resigned Over Money Laundering Probe
Binance CEO Changpeng Zhao resigned from the company and pleaded guilty to breaking anti-money laundering laws of the United States as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange
-
Giottus Exchange Announces India’s First Zero-Fee Crypto Trades for Users: Details
Indian crypto exchange Giottus on Monday, October 31 announced that it will allow its users to engage in crypto trades with zero fees. Indian government’s tax regime over crypto has dented trading volumes recorded by Indian exchanges which could be the reason why the exchange is now exploring strategies to spike trading volumes on its platform.
-
US Sues Binance Crypto Exchange and CEO Changpeng Zhao Over 'Web of Deception' as Bitcoin Tumbles
US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a "web of deception," piling further pressure on the world's biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months.
-
Coinbase Reports Quarterly Loss of $557 Million as Crypto Winter Continues in Wake of FTX Collapse
Coinbase reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange plunged to $145 billion (roughly Rs. 12 lakh crore), compared with $547 billion (roughly Rs. 45 lakh crore) a year earlier.
-
Bond Yields At 1-Month High As RBI's Inflation Concerns Dent Sentiment
Most market participants expect benchmark yields to remain in a thin range till December-end, on low trading volumes and the absence of fresh cues.
-
ByBit Crypto Exchange to Cut Staff by 30 Percent as Market Slump Sees No End
ByBit crypto exchange has decided on laying-off 30 percent of its workforce amid the ongoing crypto winter. The development was confirmed by ByBit CEO Ben Zhou on Twitter. ByBit, the Singapore-based company ranks eight out of 241 exchanges in terms of trading volume on CoinMarketCap and this is its second round of lay-offs this year.
