Browsing:News

Vitalik Buterin Transfers 50 ETH Amid Ethereum's $2,000 Milestone
6 months ago 1 min read

Ethereum’s Vitalik Buterin Transfers 50 ETH As it Hit $2,000

Ethereum, one of the leading cryptos, recently broke the $2,000 price barrier. A notable event coincided with this milestone as Ethereum’s co-founder, Vitalik Buterin, moved 50 ETH to Coinbase custody. While Buterin’s transfer has caught the attention of the crypto community, it’s important to note that using Coinbase Custody doesn’t necessarily indicate a plan to sell. Coinbase Custody is a platform designed for the safe storage of large amounts of cryptocurrencies, often utilized by institutions, providing an extra layer of security and insurance. It’s also crucial to understand that crypto prices are influenced by a multitude of factors, and a

FTT Token Experiences 72% Rally as SEC Chair Discusses Potential FTX Comeback
6 months ago 1 min read

FTT Token Experiences 72% Rally Following SEC Chair’s Supportive Statement on FTX

FTT, the native token of the bankrupt FTX crypto exchange, experienced a remarkable surge of over 72% in response to comments from SEC Chair Gary Gensler hinting at the potential revival of the exchange, albeit within legal boundaries. Gensler’s statements followed speculation about three potential buyers eyeing FTX, including Bullish, a crypto exchange backed by former NYSE president Tom Farley. While none of the potential buyers have expressed interest in reviving FTT, several companies are actively competing for the opportunity to take control of FTX. The FTT token played a pivotal role in FTX’s downfall in November of the previous

Ethereum Surpasses $2,000 Mark Amid BlackRock's Spot Ethereum ETF Filing
6 months ago 1 min read

Ethereum (ETH) Surges Above $2,000 Following BlackRock’s Spot ETF Filing

BlackRock Inc., a trillion-dollar asset manager, has sparked optimism in the market with its latest filing, hinting at the potential launch of its first Ethereum spot Exchange Traded Fund (ETF) product. The filing, named the iShares Ethereum Trust, was submitted to the Division of Corporations at the Delaware Department of State. While not an active ETF filing, experts anticipate that BlackRock might soon submit a formal application to the U.S. Securities and Exchange Commission (SEC). This move follows BlackRock’s earlier filing for the iShares Bitcoin Trust, signaling the company’s growing commitment to the cryptocurrency market. All eyes are now on

ARK Invest Buys $9.5 Million Worth of Robinhood Shares
6 months ago 1 min read

ARK Invest Acquires $9.5 Million Worth of Robinhood Shares

Investment firm ARK Invest, led by Cathie Wood, has purchased a total of 1,141,046 shares (around $9.54 million) of Robinhood, the popular trading platform. This purchase was made just one day after Robinhood announced its plans to expand into Europe. In its third-quarter financial report, Robinhood stated that it is planning to launch brokerage services in the United Kingdom in the near future. The company also plans to offer crypto trading in the European Union after its UK launch. ARK Invest’s purchase of Robinhood shares is a sign of confidence in the company’s future growth. Despite the company’s stock price

Toncoin's (TON)
6 months ago 1 min read

Toncoin’s (TON) price surges by over 19% after Telegram launches giveaway

Toncoin (TON), the native crypto of the popular messaging app Telegram, has surged in recent days, reaching a nearly year-long high. The price increase has been attributed to a number of factors, including the launch of a new “Giveaways” feature on Telegram, the purchase of TON by Telegram CEO Pavel Durov, and the cryptocurrency’s growing popularity among users. On November 7, Telegram launched a new Giveaways feature that allows users to create and participate in cryptocurrency giveaways. The feature is currently only available for TON, but Telegram has said that it plans to add support for other cryptocurrencies in the

FTX exchange has sold a significant amount of crypto assets totaling around $316 million.
6 months ago 1 min read

FTX exchange sells $316M in crypto amid recovery efforts

In an effort to bolster its financial standing, the FTX crypto exchange has sold a significant amount of crypto assets, totaling around $316 million. These sales occurred between November 7th and 8th and involved various cryptocurrencies, including Solana (SOL) and Ethereum (ETH). Solana, in particular, accounted for a substantial portion of the sales, with FTX offloading 4.8 million SOL tokens worth around $187 million. Despite this significant selloff, Solana’s price remained resilient, even exhibiting a 5.22% increase in recent days. The sales were undertaken as part of FTX’s ongoing recovery efforts following a tumultuous period in 2022. The exchange has

Bitcoin's (BTC) price soared past the $36500 mark
6 months ago 1 min read

Bitcoin (BTC) Surges Above $36,500 Amid Growing Open Interest

Bitcoin’s (BTC) price soared past the $36,500 mark, reaching almost $37,000 in a rapid price surge that caught many traders and investors off guard. This unexpected move, known as a “short squeeze,” fueled renewed optimism among BTC enthusiasts. Leading up to this price surge, there had been significant anticipation surrounding Bitcoin’s potential to break through a crucial resistance point at $34,800. However, few had predicted such a dramatic upward trajectory. The sudden price jump was triggered by a surge in open interest, a measure of the total number of outstanding futures contracts. This spike in interest indicated increased speculation and

Ripple has partnered with African fintech firm Onafriq
6 months ago 1 min read

Ripple Expands into Africa with New Cross-Border Payments Solution

Ripple, a leading provider of cryptocurrency-based payment solutions, is expanding its reach with new initiatives aimed at simplifying cross-border transactions. The company has upgraded its Ripple Payments service to make it more accessible to non-crypto-savvy businesses, particularly in the United States. Additionally, Ripple has partnered with African fintech firm Onafriq to facilitate faster and cheaper money transfers between Africa and other regions. Ripple Payments is designed to streamline cross-border payments for businesses of all sizes, regardless of their familiarity with crypto. The service has been enhanced to simplify integration for US and select international companies, leveraging Ripple’s regulatory licenses in

Crypto Exchange Gemini to Impose Transfer Limits for UK Users
6 months ago 1 min read

Gemini Announces Restrictions on Crypto Transfers in the UK

Gemini crypto exchange is introducing new rules for its UK branch starting November 17. Under these new rules, Gemini will only allow crypto transfers to be made to firms registered with TRUST. This change is in response to the UK’s regulations, which require sender and receiver details to be shared. The sharing of information is a critical aspect of adhering to the UK Travel Rule, aimed at enhancing transparency and security in the crypto industry. Gemini has partnered with TRUST to help combat fraud and will exclusively work with 58 approved companies, including well-known names like Coinbase. These rules also

Bitcoin is currently experiencing some volatility
6 months ago 1 min read

Bitcoin (BTC) surges above $35,000

Bitcoin (BTC) reached an impressive 18-month high, injecting a fresh wave of optimism into the cryptocurrency community. This surge in Bitcoin’s price has led many to believe that it could potentially reach even greater heights in the coming year. Despite this recent price surge, Bitcoin is currently experiencing some volatility, with its price swinging between $34,546 and $35,892. Over the past 24 hours, it has seen a modest 1% increase, and trading volume has spiked significantly, up by 42%. Notably, Bitcoin has demonstrated an impressive 27% increase in value over the last 30 days. Adding to the excitement in the

The burn rate of Shiba Inu ($SHIB) meme coin has experienced a remarkable surge of 14380% within a 24-hour period.
6 months ago 1 min read

The burn rate of Shiba Inu (SHIB) surges by 14,380% in the last 24 hours

The burn rate of Shiba Inu (SHIB) has experienced a remarkable surge of 14,380% within a 24-hour period. This surge followed an ambitious strategy announcement for 2024 and 2025 by the project’s marketing team. In a tweet shared on X (formerly known as Twitter), Lucie, the leader of the project’s marketing team with over 100,000 followers, revealed exciting plans for the future. A key highlight of this plan is Shibarium, the project’s layer-2 scaling solution. It aims to decentralize decision-making across the community, giving all token holders a voice in the protocol’s governance. The goal is to prevent a small

Cardano has seen over $600 million worth of ADA accumulated within the price range of $0.249 to $0.271
6 months ago 1 min read

Cardano has seen over $600 million worth of ADA accumulated within the price range of $0.249 to $0.271

Cardano (ADA) may not be making big price moves, but it’s certainly making waves in the world of cryptocurrency. Recent data from analytics provider IntoTheBlock reveals that over $600 million worth of ADA has been accumulated in the $0.249 to $0.271 price range. This substantial investment activity suggests that major investors are quietly positioning themselves, expecting a potential breakout. Over the past month, the number of addresses holding between 100,000 and 1 million ADA has grown by 0.87%. More notably, wallets containing over $10 million worth of ADA have surged by an impressive 138.89%. This surge in investment activity from

About us

Optimisus is a Dubai-based fintech media company. We cover the latest AI, crypto, NFT, metaverse, blockchain, and Fintech news influencing the crypto industry.

Email: media@optimisus.com

Get Instant Notifications

Join over million readers and get the latest posts delivered straight to your inbox.

© copyright 2024 all rights reserved | Optimisus