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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Spain’s BitBase to Install First Crypto ATMs in Argentina Next Year
Spain’s BitBase to Install First Crypto ATMs in Argentina Next Year

News comes after Argentina and El Savador strike historic crypto cooperation deal

CryptoNews·2024/12/17 10:22
Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum
Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum

The Lido Finance team said the decision was made after a request by Lido DAO Token (LDO) holders.

CryptoNews·2024/12/17 10:22
Bitcoin (BTC) Futures Volume Surges to $82 Billion Amid Rising Short Positions
Bitcoin (BTC) Futures Volume Surges to $82 Billion Amid Rising Short Positions

Bitcoin futures volume surged to $82.8M, but a rise in short positions suggests traders expect a correction. Will BTC drop or hit $116,000 next?

BeInCrypto·2024/12/17 08:30
Flash
  • 10:31
    Dtravel, a vacation rental service under Travala, has completed a new round of strategic financing with participation from Modular Capital and others
    The decentralized vacation rental service Dtravel has announced the completion of a new round of strategic financing, with investments from Modular Capital and Escape Velocity Crypto (EV3). The specific amount of financing and valuation information have not been disclosed yet. The new funds will be used to develop its global peer-to-peer vacation rental ecosystem. It is reported that the Dtravel travel booking website Travala has been launched, allowing homeowners and tenants to share joint ownership of the platform.
  • 10:29
    Foreign Media: MicroStrategy's internal trading control period may cause it to suspend Bitcoin purchases in January next year
    According to Protos, Vance Spencer, co-founder of Framework Ventures, posted on platform X that MicroStrategy (MSTR) may not sell stocks via ATM or issue new convertible bonds to fund Bitcoin purchases in January next year. If what Spencer says is true, it might worry some long-term investors who hold MicroStrategy's stock as they have been expecting the company to purchase Bitcoin every week. Researchers speculate that the so-called prohibition on issuing new convertible bonds is related to internal trading rules. Although the U.S. Securities and Exchange Commission (SEC) does not prohibit insiders from trading during earnings season and announcement periods (assuming all other disclosures are up-to-date), many companies still set their own blackout period as a Wall Street convention. The blackout period usually lasts two weeks to a month, with most companies allowing internal trades again within two days after quarterly earnings announcements. These self-imposed silent periods help companies avoid suspicions of employees profiting from non-public information. Others guess that the blackout period has nothing to do with internal trading rules but relates instead to recommendations made by committees after MicroStrategy was included in the NASDAQ 100 index on December 23rd. Regardless, MicroStrategy has regularly scheduled its earnings release for February 3rd-5th in 2025. Some believe that the blackout period will last throughout January or for 30 days before an earnings call; others think it will start on January 14th while some even doubt whether there is any blackout period at all.
  • 10:28
    Investment Manager: The monetary policy restrictions in developed countries are still too strong
    Jupiter Asset Management bond fund investment managers Ariel Bezalel and Harry Richards stated that the monetary policy of developed countries is too strict, especially the current level of real interest rates excluding inflation. There is still a way to go before monetary policy reaches a neutral interest rate level. Market expectations reflect this point, and the market has already digested expectations for returning to neutral levels in the next two years. However, the market has not digested risks of more severe economic slowdown or even recession. This may force central banks to lower interest rates beyond neutral levels.
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