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Bitcoin Grows as SatoshiDEX, the First Bitcoin DEX, Hits the Market
PRESS RELEASE. Bitcoin shows high results at the start of Q4 with an average of 23.3% return showing a strong seasonal trend. It remains the best-performing asset and continues to capture the global attention of investors and market participants. “ Bitcoin was almost the sole beneficiary, seeing US$2.2B of inflows last week, although the recent price appreciation also prompted inflows into short-bitcoin of US$8.9M.” CoinShares head of research James Butterfill While Bitcoin shows its historical performance, the World’s First decentralized exchange (DEX) on Bitcoin— SatoshiDEX announced its highly anticipated listing on Gate.io, a leading tier-1 exchange. The TGE & Listing...
Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst
Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing the coin below $60,000. Amid this, some analysts are bullish in the long term, ignoring short-term price volatility. Bitcoin Remains Bullish Despite Recent Price Drops In a post on X, Willy Woo, an on-chain analyst, said that though bears might succeed in the short to...
Binance Listing Drives Solana Meme Coin PONKE Up 12%, but Gains Fade Quickly
Earlier today, Binance announced the listing of the Solana-based meme coin Ponke (PONKE) on its futures market, driving its price up by 12% within minutes. However, the surge was short-lived as PONKE’s price quickly retraced all those gains. Here’s a breakdown of how it all happened and what might be next for the meme coin’s value. Ponke Sees Record Volume, Bearish Sentiment Binance listed the meme coin Ponke at 12:30 UTC today, pairing it with USDT in a perpetual contract. Created in 2023, Ponke is a monkey-themed meme coin that initially gained traction among meme coin enthusiasts before being overshadowed...
