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NEO gained bullish momentum after over eight months as Bitcoin (BTC) surpassed the $30,000 mark on Oct. 19.  The asset reached $15.3 on Nov. 5, marking a 36-week high — NEO reached $15.5 in mid-February. The native crypto of the Chinese blockchain Neo, which once competed with the second-largest blockchain, Ethereum (ETH), has gained bullish momentum after eight months of constant declines. According to data from the market intelligence platform Santiment, NEO’s social volume skyrocketed over the past week — marking an 800% surge in the past seven days.  NEO price, social volume, Binance funding rate and open interest – Nov. 6 | Source: Santiment Moreover, data from Santiment shows that the Binance futures funding rate for Neo has reached 0.05%. In simple terms, this indicates that short-position holders are dominating long-position holders until major movements happen. You might also like: U.S. Treasury sanctions a money launderer tied to Russian elites As th...

As the SEC delays the decision on Bitcoin ETFs, the BTC price takes a hit. However, automated trading tools can provide new trading opportunities in these uncertain times. The SEC’s hesitation to approve the first Bitcoin ETF is putting pressure on the Bitcoin price, which is painful for crypto holders. Thanks to TradeSanta’s automated trading tools connected to spot and futures trading platforms, traders can reduce risks and take advantage of downturns. Bitcoin had some attempts earlier this year to consolidate above the $30,000 mark, but it failed to do so. By the end of the year, the cryptocurrency may continue to trade below this psychological level, and one of the reasons behind the constant bearish pressure is the Securities and Exchange Commission’s (SEC) prolonged hesitation to approve a spot Bitcoin exchange-traded fund (ETF). The SEC has postponed its decision on Bitcoin (BTC) ETFs, impacting numerous applicants, including BlackRock, a key player that encouraged other instit...

INX Digital Company Inc. announces the upcoming listing of asset-backed Unicoin security token on INX.One, expanding its regulated assets portfolio.  A U.S.-regulated broker-dealer, INX Digital Company divulged its plans through an official press release. Unicoin is set to join INX’s regulated trading platform that specializes in crypto and tokenized assets. Just announced: #Unicoin will be listing the Unicoin security token on https://t.co/XTxHIsDNbX. A great addition to our growing wealth of investment opportunities: https://t.co/Y5rxp495pa pic.twitter.com/sLfRMb367b — INX (@INX_Group) September 20, 2023 A strategic partnership The Deputy CEO and COO of INX, Itai Avneri, lauded Unicoin’s innovative approach to investment. Noting the diversity of its global investor base, Avneri emphasized that the new listing will enhance the trading liquidity of listed tokenized assets on INX’s platform. Unicoin brings a unique profile to INX’s platform . Concei...

A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses. Interest in crypto has been growing since the 2017 bull market and has increased even further since 2021, which saw the nonfungible token (NFT) boom and Bitcoin (BTC) hitting its highest price so far.  So, what can a crypto investor tell family and friends who are interested in cryptocurrency? Here are some common and important questions that one can come across regarding crypto and some appropriate responses with opinions from experts in the industry. What is cryptocurrency? One of the most common questions a crypto investor might get asked is what cryptocurrency is in the first place. Cryptocurrency is a digital currency that is designed to be used as a medium of exchange. This exchange can come in the form of peer-to-peer (P2P) payments and retail purchases.  Lucaz Lee, CEO of Affyn — a mobile-based metaverse platform — told Cointelegraph, “A cryptocurrency...

The highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000. Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin (BTC) withdrawals, its American arm Binance.US is selling BTC at premium . The price of Bitcoin on Binance.US is $700 more expensive than the cryptocurrency's market price on May 9. At the time of writing, or around 1:30 am UTC, Bitcoin is traded at $28,393, according to data from Binance.US Bitcoin page. Bitcoin price on Binance.US on May 9, 2023. Source: Binance.US According to data from CoinGecko and CoinMarketCap, the current market price of Bitcoin amounts to $27,722, which is roughly 2% less than the Bitcoin’s price quoted on Binance.US. The highest intraday price of Bitcoin on Binance.US amounted to as much as $28,600, while the intraday high for its market price only equaled $28,004. In the meantime, Bitcoin’s lowest intraday values spans from t...

The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000. An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins. The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth” made $950,000 from the sandwich attacks on April 18 and profited about $300,000 and $400,000 on April 17 and 19 respectively according to an April 19 tweet from nonfungible token (NFT) data platform Sealaunch. After closing the day of yesterday with a profit close to $1M, jaredfromsubway.eth MEV bot is already profiting close to $400K today pic.twitter.com/VxouxAc59s — sealaunch.xyz (@SeaLaunch_) April 19, 2023 The bot's ENS domain is a likely tongue-in-cheek nod to the popular sandwich chain and its disgraced former spokesperson Jared Fogle. Over a 24-hour period between April 18 to 19, 7% of all Ethereum gas fees w...

A crypto index fund is a type of investment fund that holds a basket of cryptocurrencies, similar to a traditional stock index fund. While the COVID-19 pandemic’s long-term socioeconomic effects are yet to be known, most economies are still dealing with the effects of the global financial crisis. Moreover, millions of households are under or unbanked, and there are additional obstacles faced by people, including slow wage growth, skyrocketing property costs and government debt as more and more individuals are living hand to mouth. After the global financial crisis of 2008, financial advancements like blockchain-based assets such as Bitcoin (BTC), Ether (ETH) and more cryptocurrencies emerged. However, they have been through roller coaster rides due to extreme volatility and mismanagement of businesses. In light of this, tokenized securities backed by real-world assets such as real estate, commodities or company shares came into existence. Tokenized securities use blockchain for the is...

After a challenging year, should investors still consider investing in crypto in 2023? 2022 was brutal for cryptocurrency and nonfungible token (NFT) investors. Bitcoin (BTC) hit its yearly low on Nov. 21, almost exactly a year after it reached its all-time high price of $69,044. After such a tumultuous year, how should crypto investors plan for 2023? Firstly, this space has critical risks worth considering before investing. Macroeconomic risks Investors must recognize the macro and systemic risks impacting the crypto industry as 2023 draws near. The war in Ukraine has led to an energy crisis caused by sanctions on Russian energy. The United States Federal Reserve’s monetary policy response to inflation continues to unsettle markets. The crypto contagion from recent bankruptcies continues injecting volatility into the market, with increasing regulatory pressure and miner capitulation likely to continue into the new year. Ukraine war, inflation and rising interest rates The economic f...