Telegram Wallet has introduced new crypto trading and yield features, expanding its services to over 100 million users. This update aims to simplify access to digital assets and enhance user engagement within the Telegram ecosystem.
Coinbase has officially registered with India’s Financial Intelligence Unit (FIU), paving the way for the resumption of its cryptocurrency trading services after a two-year hiatus. This development marks a significant step in the growing acceptance of crypto in India.
Emirates NBD, a government-owned bank in Dubai, has expanded its services by offering crypto trading through the Liv X app. This initiative is part of the bank’s strategy to embrace digital assets and enhance customer engagement in the evolving financial landscape.
Boerse Stuttgart has announced a strategic partnership with DekaBank to enhance its crypto trading services for institutional clients. This collaboration aims to provide a regulated and secure platform, reflecting the growing demand for digital asset investments among institutional investors.
Bitcoin prices surge towards $85,000 as spot and margin longs intensify, signaling strong market momentum. However, analysts caution that the bottom may not yet be in sight, suggesting potential volatility ahead as traders navigate uncertain conditions.
Bitcoin has broken below crucial support levels, raising concerns among investors about further declines. Analysts are now evaluating how low BTC could drop amidst increasing market volatility and regulatory pressures, with projections suggesting varying outcomes.
The Bitcoin market concluded the day with a volatile session. After an initial downtrend, prices rebounded in the evening, supported by strong buy orders. Resistance levels held firm at the $24,000 mark, limiting the potential for further upside. However, a break above this level would likely lead to a surge toward $25,000. Traders should monitor price action closely for potential breakouts and retracements. Volatility is expected to continue in the short term, with market sentiment remaining cautiously optimistic. Traders should exercise caution and manage their risk accordingly.
Cryptocurrency markets were dominated by Bitcoin (BTC) once again today as the world’s largest digital currency gained nearly 4.5%. BTC’s rise was accompanied by a pulled back in the altcoin markets, leading to a healthy $1.5 billion increase in total market capitalization.
Despite the expectations raised by its initial popularity, a recent study revealed that nearly 40% of Ethereum users leave the crypto platform after a year. The study also revealed user retention and engagement trends in the Ethereum network.
Cryptocurrency trader Shi Ming Yan, from Taiwan, bet just 6 cent on a tax lottery and won an incredible $310,000 after numbers on his tax receipt matched the drawn winning numbers. While the odds of his win were unprecedented, his faith paid off.