Blockchain, Crypto and Emerging Fintech
- ChainBank Taps Into the $47 Billion Neobank Industry, Connecting Real-World Assets with Cryptoby CryptoGlobe Staff Writer on November 16, 2024 in Press Releases
London, UK, November 16th, 2024, Chainwire ChainBank is redefining global crypto transactions through its multichain Web3 neobank. Designed for seamless crypto payments, it bridges the gap between traditional finance and blockchain by offering users a comprehensive platform for managing digital assets. Joining the $47 billion neobank sector, ChainBank introduces multichain interoperability, supporting blockchain networks such
- Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentimentby CryptoGlobe Writer on November 15, 2024 in Binance, Bitcoin ($BTC)
On-chain data shows that there have been persistent outflows from leading cryptocurrency exchange Binance, even as the price of Bitcoin hovers around the $90,000 mark, down from a new all-time high above $93,000. As highlighted by a recent CryptoQuant Quicktake post, Binance’s Exchange Netflow has consistently registered negative values over the past few weeks. The
- Goldman Sachs Increases Bitcoin ETF Exposure by 83% to Now Hold $710 Millionby Francisco Memoria on November 15, 2024 in Bitcoin ($BTC)
Wall Street giant Goldman Sachs has revealed in a new filing with the U.S .Securities and Exchange Commission that it significantly increased its exposure to spot Bitcoin exchange-traded funds (ETFs). In a new 13F filing, the Wall Street titan revealed it holds $710 million worth of various spot Bitcoin ETFs, including 12.7 million shares in
- Incoming Volatility? $4 Billion Options Expiry Looms Over Crypto Marketby Francisco Memoria on November 15, 2024 in Altcoins, Bitcoin ($BTC), Ethereum ($ETH)
A total of $3.4 billion worth of Bitcoin ($BTC) options are set to expire today, November 15, 2024, while an additional $580 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $4 billion, the expiry of these contracts, representing
- Prominent Crypto Analyst Willy Woo Predicts Bitcoin Price Targets: $88K Consolidation, $102K Nextby Siamak Masnavi on November 15, 2024 in Bitcoin ($BTC)
Prominent Bitcoin analyst Willy Woo recently shared his insights on social media platform X (formerly Twitter), forecasting Bitcoin’s upcoming price movements. According to Woo, Bitcoin is currently navigating a phase of unfettered price discovery, having broken into new all-time highs. His analysis hinges on Fibonacci levels and market liquidation data to predict potential resistance points
- VanEck’s Matthew Sigel Says ‘Bitcoin Is Now in Blue Sky Territory With No Technical Resistance’, Predicts BTC Reaching $180K in 2025by Siamak Masnavi on November 15, 2024 in Bitcoin ($BTC)
On November 14, Matthew Sigel, the head of digital asset research at global asset manager VanEck, joined CNBC’s “Squawk Box” to share his thoughts on the ongoing rally in the crypto market. During the interview, Sigel expressed confidence that Bitcoin’s recent surge is far from over. He argued that the current rally, which followed the
- Fed Chair Powell Signals Cautious Approach on Rates as U.S. Inflation Nears Targetby Siamak Masnavi on November 15, 2024 in Federal Reserve
Federal Reserve Chair Jerome Powell delivered a key speech yesterday, addressing the economic outlook and monetary policy at an event organized by the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber. During his remarks, Powell expressed optimism about the current state of the U.S. economy while emphasizing a careful