Crypto News

The U.S. dollar index flexes its strength in the new year, reaching levels not seen in two years. This rise is supported by the so-called ‘Trump Trade,’ the expectation of only two more rate cuts this year, and the weakness of other currencies in the basket. Dollar Index Inches Higher Powered by Trump Trade, FedSource link

The bitcoin (BTC) price may have more than doubled last year, but investors who bought the largest cryptocurrency during 2024 saw, on average, only a fraction of that according to a measure known as the realized price.The realized price is the average value of all bitcoin calculated at the price at which the tokens last moved on-chain. While that value is around $41,000 for BTC since its inception in 2009, for coins bought last year it was around $65,901 by Dec. 31. With the market price closing around $93,000, 2024's buyers were, on average, looking at unrealized profit of around 40%.Monitoring the realized price is important to understanding individual participants' overall profit or loss and cost basis. It means bitcoin...

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in theirSource link

While bitcoin (BTC) grabs all the eyeballs from institutional narratives, Ethereum's ether (ETH) stands out as the go-to major token for traders looking to maximize returns through leverage.Ether's estimated leverage ratio, which measures the degree of leverage employed by traders, climbed to a new high of 0.57 on Wednesday, marking a significant increase from 0.37 at the start of the final quarter of 2024, data tracked by analytics firm CryptoQuant shows.The ratio is calculated by dividing the cumulative open interest in standard futures and perpetual future contracts listed worldwide by the total number of ETH in wallets tied to exchanges offering futures trading.A rising ratio suggests that traders are increasingly using leverage, indicating a surge in risk-taking and market speculation....

Binance has become a pioneering cryptocurrency exchange in Brazil following the approval of its acquisition of Sim;paul Investimentos, a securities brokerage platform. With this acquisition, Binance can now offer a full range of investment options, including securities, stocks, and funds for Brazilian customers. Binance Gets Greenlight For Sim;paul Investimentos Acquisition in Brazil Binance, one ofSource link