The protocol, which had 526 Ether in total value locked, was emptied in an attack on Oct. 18.
OKX, a crypto exchange and Web3 technology company, reveals that its Liquid Marketplace achieved a record monthly high with futures spreads trading volumes amounting to an impressive $1.54 billion in September 2023. This signifies a notable 62% of the institutional market share for futures spreads during the same month. OKX Sets the Pace with Nitro […]
October 18, 2023 – Dubai, United Arab Emirates OKX – a leading crypto exchange and Web 3.0 technology company – today announced that futures spreads trading volumes on its Liquid Marketplace – a spot OTC, futures spreads and options liquidity network – reached a record monthly high of $1.54 billion in September 2023. This achievement represents […]
The cryptocurrency market is on the brink of an exciting paradigm shift, and Bitcoin exchange-traded funds (ETFs) are the driving force behind this transformation. According to recent reports from CryptoQuant, it discusses in detail how the approval of Bitcoin ETFs could boost the growth of the Bitcoin market by approximately $900 billion and, even more […]
BNB Chain, the smart contract blockchain that powers the Binance Coin (BNB), has announced the launch of its Greenfield Mainnet, a storage-oriented network that aims to transform the way users interact with their data. The Greenfield Mainnet went live on October 17, after a successful Testnet phase that saw over 200,000 transactions among 150,000 wallet […]
Has rate of Cardano (ADA) reached support zone yet?
Cloud mining is a cryptocurrency mining method that allows individuals to engage in mining activities without the need for expensive hardware or in- …
A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen. Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross As explained by an analyst in a CryptoQuant Quicktake post, a bullish crossover is expected to happen soon for […]
The system is entirely non-invasive and could have near-term applications for some.
The Metropolitan Police and the National Crime Agency (NCA) in the UK are intensifying their focus on crypto-related crime, mirroring the rising concern globally. The Met, the UK’s largest police force, has been steadily strengthening its anti-crypto crime efforts. It began recruiting a crypto investigation team last December, which now boasts about 40 staff members. […]
Queue times for new validators on Ethereum are at all-time lows, potentially suggesting decreasing demand for ETH staking. Metrics for user staking behaviour indicate that Ethereum staking demand is healthy. The Ethereum Foundation is concerned with the scenario where 100% of total Ethereum is staked by as early as 2024. Concerns are being raised on […]
Ethereum is getting more concentrated into the hands of whales, according to the latest data from on-chain analytics provider Santiment. On October 18, Santiment reported that billionaire Ethereum investors with more than 1 million ETH hold 32.2% of the available supply for the first time since 2016. Furthermore, Ethereum transactions exceeding $1 million hit their […]
In any industry, the value of education cannot be emphasized. Individuals and institutions are seeking reputable sources to expand their understanding of cryptocurrencies and blockchain as interest in these disruptive technologies grows. Fortunately, there are numerous resources and tools accessible to help with crypto education, appealing to both novices and seasoned enthusiasts. Websites and blogs […]
On-chain data indicates that the US government is currently one of the largest Bitcoin (BTC) whales in the world. According to researchers at 21.co, the US government possesses 194,188 BTC worth more than $5.5 billion at time of writing. 21.co is the parent company of 21shares, the world’s largest crypto exchange-traded product (ETP) issuer. That […]
… cryptocurrency market. Founded by a group of twenty seasoned traders with expertise in cryptocurrency arbitrage, futures trading, spot trading …
Several crypto analysts and influencers in the XRP community have continued to make their predictions as to the future of the XRP price. This time, another has predicted the token to rise to $100 and given tips on how one could make money from this occurrence. How To Make $1 Million From XRP In a post […]
SUI, native to the proof-of-stake (PoS) blockchain of the same name, has hit a new all-time low, falling to $0.367 in the early hours of Wednesday. Thus accumulating around 70% depreciation in value since its launch. Launched in May 2023, the SUI blockchain is presented as a first-layer smart contract platform designed to make digital […]
Investor interest in digital assets remains steadfast, with Bitcoin and XRP leading pack, as latest CoinShares report reveals
Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues.
A Bloomberg analyst is issuing a warning to traders, saying that Bitcoin (BTC) is winding up to make a big move. Bloomberg Intelligence’s senior macro strategist Mike McGlone tells his 61,300 followers on the social media platform X that the king crypto is “coiled” up in between a narrow range and between major moving averages, […]
BlackRock chief executive Larry Fink believes that Bitcoin (BTC) and the rest of the crypto markets are now ready to serve as safe-haven assets amid worsening geopolitical conditions. In a new Fox Business interview, Fink says that Bitcoin’s rally earlier this week is an indication that investors are seeing BTC as a mature asset that […]
TL;DR Ripple is progressing in its case against the SEC, fostering optimism about XRP’s price. Based on the “Elliott Wave Theory,” XRP might reach $27 by Q4 2025, experiencing significant volatility along the way. Achieving $27 would require XRP’s market cap to be around $1.5 trillion, a lofty increase from past levels. ‘XRP has the […]
The global banking regulators have taken a significant step towards increasing transparency in the financial sector. The Basel Committee, comprising banking regulators from major global financial hubs, has introduced a proposal to enforce standardized disclosure of crypto assets by major banks starting from January 2025. This move aims to bolster “market discipline” by offering investors […]
China developers are active and willing to build on leading blockchain platforms if statistics from Solana Hyperdrive Hackathon submission details are anything to go by. In an X post on October 17, Matty Taylor, the Head of Growth at the Solana Foundation, said there were far more developers from China who submitted applications, willing to participate in the […]
"It is important for citizens to know that while cryptocurrency can be used legitimately, fraudsters often lure victims with promises of a quick way …
Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer.
The fifth largest digital currency has demonstrated a sudden jump but it did not last long – here’s what happened
The Australian government is floating a proposal that if implemented will require crypto exchanges to seek licensing from the country’s financial services and financial markets regulator to operate. According to the proposal, a digital asset intermediary must obtain an Australian financial services license granted by the Australian Securities and Investments Commission (ASIC) to “issue and […]
The United States Securities and Exchange Commission continues to set its sights on the world of cryptocurrencies and blockchain technology as it reveals its examination priorities for the fiscal year 2024. The regulator is keeping a close eye on the rapid growth of various investments, particularly crypto assets and related offerings, according to the SEC’s […]
Binance.US, the American branch of the world’s largest cryptocurrency exchange, has announced some major changes to its terms of service (ToS) that may affect its users’ ability to withdraw USD and access FDIC insurance. Binance.US Continues to Struggle Due to Regulatory Pressure According to a tweet by crypto trader Asher Hopp, Binance.US has updated its […]
Binance.US has halted direct US dollar withdrawals from its platform. This change follows a series of regulatory actions by the US Securities and Exchange Commission (SEC). As a result, Binance.US’ users are now required to convert their US dollar holdings into stablecoins or other digital assets for withdrawal. This decision was revealed in the exchange’s […]
As the crypto market suffered major losses due to the bear season, meme coins were not left out. These tokens which are often created in line with memes on the internet saw their cumulative market cap drop by $3.2 billion in 2023. This decline has paved the way for possibly buying these highly popular tokens […]