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” Bybit adds crypto options trading as part of expansion plans “ Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals. The Bybit media team told Cointelegraph that this decision to add options to the product line was in response…
” Robinhood axes almost 1 in 10 staff members as stock hits all-time low “ Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In the past 30 days alone, HOOD has tanked roughly 38% to sit at $9.99…
“Robinhood Markets to cut its workforce by 9%” Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade. The company, which is reporting its quarterly results later this week, said the rapid headcount growth has led to some…
” ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead? “ ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC’s official…
” Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin “ The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC). The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with…
” Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria “ Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 on April 25, albeit still down 77% from its record high in May 2021. Twitter’s…
” Monero ‘falling wedge’ breakout positions XMR price for 75% rally “ Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months. Falling wedge breakout underway…
” STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target “ STEPN (GMT) has rallied strongly against the U.S. dollar this week as it looks likely to form a classical bullish technical pattern called the “bull flag.” GMT eyes more upside GMT’s price rose 30% week-to-date, including a strong rally to…
” Binance limits services in Russia due to the EU’s 5th package of sanctions “ Binance, the world’s largest cryptocurrency exchange by volume, is adopting major restrictions on users in Russia following the European Union’s fifth package of sanctions against Russia. Binance officially announced Thursday new limitations for Russian nationals or residents of Russia, restricting…
” Retail interest in crypto declines as investors search for the next big price mover “ One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data…