Crypto exchange Binance announces the listing of a new coin
The Binance exchange has announced a new listing and will list Axelar (AXL) today at 2:30 p.m. ET. The coin will be traded in Bitcoin, USDT, FDUSD and TRY pairs.
The Binance exchange has announced a new listing and will list Axelar (AXL) today at 2:30 p.m. ET. The coin will be traded in Bitcoin, USDT, FDUSD and TRY pairs.
Galaxy Digital CEO Mike Novogratz said in a broadcast that Bitcoin may make some corrections, but he thinks the price will be much higher than this level by the end of the year. “Trillions of dollars in boomer wealth is going to end up in Bitcoin, thanks to ETFs” Novogratz said.
The Financial Services Committee of the US House of Representatives voted to cancel the SEC’s “Staff Accounting Bulletin”, which first appeared in March 2022 and has received great reaction from the crypto world and even banks since the day it was announced for the first time. With a vote of 31 to 20, the cancellation of the SEC’s bulletin was accepted, but the bill must go to the Senate to become formalized.
Mining companies, whose rewards will be halved after halving, continue to sell Bitcoin even if its price is surging ahead of the halving. Miner wallet holdings of Bitcoins fell to their lowest level since July 2021.
While the sharp rises in Bitcoin were reflected in meme coins in the first place, a whale who evaluated the increase in PEPE took his profit and moved to another major token Shiba Inu (SHIB).
In Hong Kong, which has adopted a positive attitude towards cryptocurrencies in the last 2 years, the interest in ETFs has started to increase with the US effect. The assets under management of the country’s largest ETF have grown 5 times since October.
As Bitcoin continues to grow on the back of increased purchases by companies and has reached the $64,000 level, Bitcoin spot ETFs are gaining more and more momentum. ETFs received their largest net investment since January 11 yesterday. BlackRock was also at the top by far.
While the Bitcoin price reached the $64,000 level yesterday evening, the sharp rise continues. On-chain data shows that the “Realized cap” metric, which takes into account Bitcoins with a long-term “hodl” strategy, is also heading towards the peak.
The sharp rises in the Bitcoin price have started to be reflected on the Ordinals side, also known as “Bitcoin NFTs”. Volume has been steadily increasing, reaching $20 million on Monday.
Vechain, one of the top supply chain projects, announced its new platform VeBetterDAO today. The platform, where many decentralized applications can interact with each other, will also provide airdrops through user actions. The platform will have two tokens, B3TR and VOT3.