CEX.IO

🚀 Ethereum’s Secondary Bull Run: What’s Next? ✍️ Illia Otychenko, lead analyst at CEX•IO, highlights bullish signals for Ethereum since October. With the RSI breaking resistance and a MACD bullish crossover, ETH is poised for significant growth. Historical patterns suggest a potential rise to $5,000–$6,200 by Q1 2025. 💡 Otychenko notes ETH’s unique ability to outperform Bitcoin during certain cycles, supported by its strong DeFi, NFT, and Web3 ecosystem. As the rally unfolds, ETH is “only halfway through completing this formation.” 👇 Dive into the full discussion here: https://lnkd.in/dSQMBU_e

🚀 Ethereum’s Secondary Bull Run: What’s Next? ✍️ Illia Otychenko, lead analyst at CEX•IO, highlights bullish signals for Ethereum since October. With the RSI breaking resistance and a MACD bullish crossover, ETH is poised for significant growth. Historical patterns suggest a potential rise to $5,000–$6,200 by Q1 2025. 💡 Otychenko notes ETH’s unique ability to outperform Bitcoin during certain cycles, supported by its strong DeFi, NFT, and Web3 ecosystem. As the rally unfolds, ETH is “only halfway through completing this formation.” 👇 Dive into the full discussion here: https://lnkd.in/dSQMBU_e

🚀 The crypto market is buzzing, with CRV seeing a 500% surge and hitting a 22-month high! 🌟 Illia Otychenko, lead analyst at CEX•IO, attributes this rally to the launch of Savings crvUSD (scrvUSD), which boosted demand through innovative lending and staking strategies on Curve Finance. 💡 Adjustments in scrvUSD revenue share and borrowing rates fueled deposits while pushing CRV’s RSI into the overbought zone. While a correction is likely, Otychenko foresees long-term growth in CRV’s ecosystem. 👇 Dive deeper into this rally here: https://lnkd.in/dpk6hqTE

✨ In the world of crypto, the market’s constant evolution presents new opportunities for those ready to innovate. ⚡️ Illia Otychenko, lead analyst at CEX•IO, highlights how infrastructure providers — including oracles and software development kit (SDK) providers — are poised for growth in this bull run. However, he notes that each market cycle introduces a fresh "gold rush." 💡 With liquid staking and restaking emerging as key players, Illia also cautions that the current surge may not be sustainable. While volumes have soared, it's uncertain how long this trend will last. 👇 Dive into the full discussion here: https://lnkd.in/e-vevsKN

🐶 Memecoins are no longer just for laughs — they’re transforming the crypto market. 🌟 2024 Highlights: 🟡 330% increase in the sector’s market cap. 🟡 979% surge in trading volume — 9x Bitcoin’s growth! 🟡 4.5x increase in memecoins’ share in altcoins trading volume. 🟡 Over 800% increase in futures open interest. 💡 And this could be just the beginning. 📊 Dive into the full analysis of memecoins' market impact in our latest CEX•IO report: — https://lnkd.in/eja-ZCwe

Our latest memecoin report is making waves — just like memecoins themselves! 🏄♂️🌊 🎙️💬 Alexandr Kerya, CEX•IO’s VP of Product Management, shared insights with CoinDesk on the rapid growth of the memecoin sector and its impact on the broader crypto economy — https://lnkd.in/dFwQEQRM

We’re thrilled to share that CEX.IO has been recognized as one of the best cryptocurrency trading platforms in the UK! 🇬🇧 Our platform stands out for its low fees, an extensive list of supported cryptocurrencies, and a wallet integration—making crypto trading accessible and efficient. This recognition motivates us to keep pushing boundaries and innovating to serve our users better. Read more about this achievement here: https://lnkd.in/diY5F-fg Stay tuned for exciting updates, and thank you for being a part of our journey!

CEX•IO’s Global MLRO and Head of Financial Crime, Mark Taylor talks about sophisticated scams, AI-driven fraud, and even election system infiltration. Learn how to protect yourself in the latest "What The Fraud?" podcast episode: https://lnkd.in/dHVZKFwj

We’re thrilled to share the exciting news that CEX•IO has resumed services to U.K customers! Following a voluntary pause in our services to align with the Regime of Financial Promotions policy introduced in October 2023, we have officially resumed servicing U.K. customers as of September 11, 2024. This move was part of CEX•IO’s ongoing commitment to adhere to regulatory standards. Whether you’ve been registered in our ecosystem before or would like to do so now, we welcome you and all other interested U.K. crypto enthusiasts! Read more — https://lnkd.in/d4rfXHZ8

CEX•IO enables cash-in and cash-out transactions in USDC at participating MoneyGram International locations! We’re thrilled to add this reputable service integration to the existing plethora of methods available on our platform. Enjoy the convenience of converting your local currency to USDC - and back - in just a few clicks. Send funds to CEX•IO or receive your withdrawals at any participating MoneyGram location. Learn more about this new method, and how to use it at CEX•IO, including the full chart of available regions for this service here - https://lnkd.in/dNkvD4Q7