Author: msmark

The world’s largest crypto exchanges are gearing up to list a new cross-chain altcoin project for millions of traders worldwide. In a new announcement, Binance, the largest digital asset exchange in the world, says that the platform will support Wormhole (W) for spot trading starting Wednesday. Once launched for open trading, Binance says it will attach W coins with a seed tag that requires users to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens. “Binance will list Wormhole and open trading for these spot trading pairs at 2024-04-03 12:00 (UTC). New spot trading…

The Greenback was off to a solid start this month and quarter, thanks to an upbeat ISM manufacturing PMI report. Consequently this led market players to tone down Fed easing bets for the year, spurring a selloff among risk assets, except for crude oil. Headlines: S&P Global U.S. final manufacturing PMI for March downgraded from 52.5 to 52.9 (52.5 forecast) U.S. ISM manufacturing PMI for March: 50.3 (48.5 forecast, 47.8 previous) U.S. ISM manufacturing PMI prices component for March: 55.8 (53.3 forecast, 52.5 previous) BOC Business Outlook Survey for Q1 2024 highlighted improved business sentiment and sales growth expectations U.K.…

Today, the US government sent a transaction that appears to indicate it may be on the verge of liquidating the remaining Bitcoin it confiscated from the online marketplace Silk Road.According to on-chain data, a 0.001 BTC test transaction, part of a larger stash of approximately 30,174 BTC worth $2 billion linked to the infamous Silk Road marketplace, were moved by the US government. Coinbase, the largest cryptocurrency exchanges in the United States, received the transaction from these Silk Road-related funds. Arkham Intelligence first identified the origins of where the BTC was coming from, and the coins destination of Coinbase. It appears…

Join Our Telegram channel to stay up to date on breaking news coverage The Sui price prediction indicates that SUI is holding its ground as bullish sentiment persists, with a strong inclination towards upward movement. SUI Community Access Program Incentive: A Potential Rally Catalyst The Sui network has slated a token unlock event for April 3, during which 34.62 million SUI tokens, valued at $66.8 million based on current rates, will be designated for the network’s community access program. These tokens represent 2.7% of the ecosystem’s circulating supply. Sui Prediction Statistics Data: Sui price now – $1.96 Sui market cap…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge.  In a post on X, the analyst says that often, after a period of accumulation and a retest of previous highs, altcoins tend to be volatile. The crypto analyst also notes that Bitcoin has pulled back from its all-time highs and is preparing for a possible retest of this level registered in March.  Bitcoin accumulating | Source: Analyst on X…

Crypto investment products are up again in terms of inflows, giving the crypto industry a much-needed breather. Recent market dynamics have seen Bitcoin leading the surge of inflows into crypto investment products, signaling a possible resumption of bullish sentiment. James Butterfill, head of research at Coinshares, reported this inflow in a social media post. The statistics indicate that crypto investment products received inflows of $862 million over the timeframe spanning from March 23 to March 29 to reverse the record net outflows of $942 million set in the prior week. Unsurprisingly, most of the inflow went into Bitcoin, hinting at…

“Moving rates down too soon or too quickly without sufficient evidence to give us confidence that inflation is on a sustainable and timely path back to 2% would risk undoing the progress we have made on inflation,” Cleveland Federal President Loretta Mester said on Tuesday, as reported by Reuters. “At this point, I think the bigger risk would be to begin reducing the funds rate too early,” she added. Key quotes “Still expecting Fed can cut rates later this year.” “Fed policy is in good place to navigate risks to economy.” “Fed can cut rates gradually if economy meets expectations.” “Strong economy…

I recently spoke with Ray Youssef, CEO of NoOnes, a peer-to-peer (P2P) bitcoin trading platform with numerous other functionalities, about how NoOnes is empowering its users, what it’s doing in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling the promise of bitcoin as a medium of exchange.Youssef and the global team at NoOnes are on a mission to end financial apartheid and to unite the financially disenfranchised around the world. In the process, they’re taking on the old financial guard, driven by the belief that when people can trade…

While Ethereum prices fell over 4% in the last 30 days, ETH holders have pivoted away from Lido Finance into restaking protocols. According to a Dune Analytics dashboard tracking staking activity, Lido Finance had the highest Ethereum (ETH) outflow among similar protocols in the past month. The page created by researcher Hildobby indicated that stakers withdrew over 284,800 ETH from Lido’s platform. Nevertheless, Lido retained its dominance over the Ethereum staking sphere with a 29.7% market share. On-chain data revealed that ETH stakers are flocking to liquid restaking protocols. Lido recorded the largest monthly outflows, while Ether. fi and Renzo Protocol…