November 2024

BitGo’s Singapore Expansion: A Glimpse into the Future of Crypto Adoption Analysis The recent announcement by BitGo, a US-based digital asset infrastructure provider, to launch its services in Singapore marks a significant milestone in the country’s journey to becoming a regional crypto hub. This development has far-reaching implications for the adoption of cryptocurrencies in the…

ETH/BTC Pair Hits YTD Low as Bitcoin Dominance Surges Market Analysis The recent surge in Bitcoin’s dominance, coupled with the altcoin market’s decline, has led to the Ethereum/BTC pair hitting its lowest level this year. Bitcoin’s all-time high of $97,862.64 has sent shockwaves through the market, with Ethereum’s performance against Bitcoin dropping to a year-to-date…

The $6.2 Million Banana: A Cultural Phenomenon in the Cryptocurrency Space In a shocking turn of events, Justin Sun, the founder of Tron (TRX), has purchased Maurizio Cattelan’s iconic banana sculpture, “Comedian,” for a staggering $6.2 million at Sotheby’s. The artwork, which consists of a lone banana duct-taped to a wall, has become a cultural…

Crypto Murder Case: Two More Arrested in Montreal Influencer Case The recent arrest of Darius Perry, 27, and Nackael Hickey, 25, in connection with the murder of cryptocurrency influencer Kevin Mirshahi has sent shockwaves through the Montreal crypto community. This development follows the earlier arrest of Joanie Lepage, 32, who has been charged with first-degree…

Critical Security Alert: CZ Warns Crypto Community of New Exploit Targeting macOS and iPhone Users In a recent warning to the crypto community, Changpeng ‘CZ’ Zhao, former Binance CEO, cautioned users about a new zero-day exploit targeting Mac users powered by Intel chips. The vulnerabilities, tracked as CVE-2024-44308 and CVE-2024-44309, affect the JavaScriptCore and WebKit…

Crypto Market Update: AVAX to Surge, SOL Reaches 3-Year High, and Whales Flock to Yeti Ouro for 20% Bonus The cryptocurrency market is witnessing a significant surge in recent days, with Avalanche (AVAX) gearing up for a token release, Solana (SOL) hitting a 3-year high, and Yeti Ouro (YETIO) attracting whales with a 20% presale…

Bitcoin ETFs Continue to Attract Large Inflows as BTC Surges Past $97,000 The past three trading days have witnessed a significant surge in inflows into U.S. Bitcoin spot exchange-traded funds (ETFs), with a cumulative total of $1.8 billion entering the funds. This trend is a testament to the growing optimism surrounding Bitcoin’s future, particularly in…

Bitcoin’s Breakthrough: Unpacking the Factors Behind the Surge Bitcoin’s recent surge, breaking the $97,000 mark, has left many in the cryptocurrency community wondering what’s driving this upward momentum. The market data suggests a strong bullish trend, with an 83% probability of reaching $100,000 by the end of the month. In this analysis, we’ll delve into…

Analysis: BitGo’s Strategic Move into Singapore BitGo’s recent announcement of launching a subsidiary in Singapore marks a significant milestone in the company’s expansion into the Asia-Pacific (APAC) region. This strategic move is a direct result of BitGo obtaining a Major Payment Institution License from the Monetary Authority of Singapore (MAS) in August 2024. The license…

Bitcoin Futures Smash Through $100K Barrier on Deribit: Implications and Analysis The recent surge of Bitcoin (BTC) futures contracts on Deribit, trading above the $100,000 price mark, has sent shockwaves throughout the cryptocurrency market. This development not only highlights the growing optimism among traders and investors but also underscores the increasing influence of derivatives on…