A report by Kaiko shows that 72% of ethereum liquidity is concentrated in five crypto exchanges. ETH balances also hit a 5-year low recently. Reports show that 72% of ethereum liquidity is concentrate...
Category: Crypto
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Altcoin Market Cap Continues With a Sluggish Trend While XRP Price Clinches $0.5!
As Bitcoin displays some upward price action, the altcoins tend to follow and procure some easy gains. On the flip side, once the star crypto loses its grip over the ascending trend, the altcoins are ...
ETH, Nasdaq correlation grows closer as the altcoin…
Though the correlation between the traditional entity and ETH remained negative, they closed in on each other. The altcoin might maintain its recent recovery. The correlation between Ethereum [ETH] an...
South Korea Proposes System To Freeze Funds On Binance, Top Crypto Exchanges
South Korea’s National Police Agency plans to enable a system with real-time wallet address monitoring and freeze funds functions. The police agency to hold a meeting with Binance and South Korea’s to...
Russia Shelves Plans for National Crypto Exchange
Russia has decided to cancel a planned national crypto exchange. Instead, it will focus on regulating the industry and supporting existing exchanges with a view to cross-border transactions. Local med...
MIOTA up +8.10%, BTC -0.85%, Krypton DAO is The Coin of The Day – Daily Market Update for May 30, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.17T to $ 1.17T in the past 24 hours, representing a -0.65% change The Bitcoin price at press time is $ 27,753 after falling by -0...
Hong Kong crypto race heats up as Companies vie for VASP licenses – Cryptopolitan
Several cryptocurrency companies are gearing up for the race to capture the Hong Kong retail crypto trading market, with plans to apply for Virtual Asset Service Provider (VASP) licenses starting from...
TrigonX: The New Crypto Exchange Making Waves In The Post-FTX Era
Key Points: Australian crypto exchange TrigonX to relaunch after FTX collapse with debts exceeding $50 million. Return to creditors preferred over liquidation to avoid depletion of funds. Legal firm c...
Congressman Announces Relief For Crypto Miners in Debt Ceiling Compromise
Key Points: U.S. Congressman Davidson introduces the “Fiscal Responsibility Act of 2023” to prevent national default by raising the debt ceiling. Draft bill excludes Biden administration’s proposed 30...
Web3’s First P2P Betting Site, Chancer, Announces New Crypto Presale Event – Cryptopolitan
New crypto presales are rarely as exciting as Chancer (CHANCE), which will offer a brand new way to make bets using blockchain technology. While most bookmakers have direct control over the process of...
Regulators getting strict on crypto, are hybrid exchanges like Tradecurve the future? – Cryptopolitan
Cryptocurrencies have been gaining popularity over the past decade, with more and more people investing in them. However, regulators worldwide are getting strict on crypto, with some countries even ba...
Ethereum, Cardano, And the Rising Potential Of Caged Beasts Crypto – Cryptopolitan
In the vast landscape of blockchain technology, Ethereum and Cardano have emerged as two prominent players, each offering unique features and capabilities. As the pioneers of smart contract platforms,...
Double Your Money in DogeMiyagi’s Latest Contest and Get a Shot at Winning USDT and Bitcoin in Exciting Crypto Competitions – Cryptopolitan
In the fast-paced world of cryptocurrencies, competition is the name of the game! This week, three prominent crypto platforms have announced exciting competitions that will surely leave enthusiasts on...
Magic Eden Relaunches Solana As Big Eyes Coin Raises $45 Million – Cryptopolitan
In the world of cryptocurrencies and blockchain technology, innovation is relentless. Two companies, Magic Eden and Big Eyes Coin (BIG), have caught the attention of meme coin lovers and investors see...
The Main Ingredient For Meme Coin Success! – Cryptopolitan
Meme coins are best known for internet culture and dedicated communities. However, the recent return of meme coin season has caused a wider conversation in the crypto world. This article will overview...
Hottest Coins Based on Community Votes Revealed by Top Crypto Data Aggregator
Leading the group is Quant (QNT), demonstrating its expanding importance in the cryptocurrency industry. The second position goes to Binance Coin (BNB), which is supported by a robust ecosystem and ut...
Crypto Exchange BKEX Halts Withdrawals Amid Money Laundering Investigation
In a surprise announcement on May 29, 2023, BKEX, one of the major cryptocurrency exchanges, has temporarily suspended user withdrawals due to alleged involvement in money laundering activities. The c...
Bali Warns Tourists Against Using Crypto for Payments
Indonesian province Bali has stated that tourists are not allowed to make payments with cryptocurrency, warning that violators “will be dealt with firmly.” The government is looking to curb the influx...
Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview
Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29. Zhao dispels FUD First, Zhao discussed recent controversies around his ...
Russia shifts focus to regulating private crypto trading platforms, abandoning national exchange plans – Cryptopolitan
Russian lawmakers have decided to halt the development of a state-level cryptocurrency trading platform. However, this decision reverses the government’s previous plan to create a state-owned crypto e...
Tourists in Bali Warned Against Using Crypto for Payments, Governor Says They’ll Be ‘Dealt With Firmly’: Report
Bali’s government is reportedly warning tourists that they will suffer harsh penalties for any payments made using cryptocurrencies. According to a new report from Channel News Asia, Bali’s governor W...
OKX Publishes 7th PoR Report With $10B in Crypto Assets, Continues Expansion
Seychelles-based cryptocurrency exchange OKX published its seventh proof-of-reserves (PoR) report in line with efforts to push the new industry standard of transparency and trust within the crypto com...
Solana: Crypto’s Next Apple? Co-Founder Shares Bold Vision For The Blockchain’s Future
Solana is a layer-1 blockchain that has been making waves in the crypto industry since its launch in 2020. The co-founder, Raj Gokal, recently spoke to TechCrunch+ about the potential of Solana to bec...
Crypto Funding of $151M Raised in a Week
Crypto funding this week raised $151 million. Openfort secured $3 million with the intention of developing a service product for Web3 gaming. The participants in the seed funding round are Maven11, Ga...
Major Bitcoin Whales Abandoning Crypto Exchanges
Alex Dovbnya In a shift that could significantly impact the cryptocurrency market, major Bitcoin whales appear to be gradually retreating from crypto exchanges Bitcoin whales, or individuals holding l...
Russia Pioneers Cross-Border Settlements with Crypto Exchanges
Russia embraces crypto exchanges to revolutionize cross-border transactions. Experts propose a regulatory framework to balance innovation and security. In a revolutionary step, Russia is embracing cry...
Polkadot Investors Shifting Towards This New Crypto NFT Platform
The day-by-day development in the crypto-tech world brings the development process to the next level. With continuous development, Polkadot is attracting investors to stick with these projects. But th...
FBI Issues Warning to Americans, Says Fake Job Advertisements Force Victims to Commit Crypto Scams
The Federal Bureau of Investigation (FBI) is issuing a warning to Americans about fake job advertisements that harass applicants into committing crypto fraud. According to a new public service announc...
The co-founder of BitMEX shares his ideas on the future of crypto investing
In a recent interview on the “What Bitcoin Did” YouTube channel, Arthur Hayes, co-founder of BitMEX, a cryptocurrency exchange platform, shared insights into his future plans with his fund, Maelstrom....
Meet the Crypto Rich Who Want to Live Forever: Inside Vitalik’s Zuzalu
Around 200 key players in the fields of crypto, big pharma, politics, and academia flew home this past weekend after spending upwards of two months at Zuzalu: an experimental “pop-up city community” c...
Governor of Indonesia Warns Tourists Against Use of Crypto as Payment
33 seconds ago | 2 mins read Bitcoin News The warning came from Governor Wayan Koster at a conference on Sunday. All business conducted in Indonesia must be paid in Rupiah as per law. Any foreigners c...
Bali Tells Tourists: Don’t Pay With Crypto
Foreign tourists who use crypto as a means of payment in Bali will be “dealt with firmly,” local authorities have warned. Speaking at a tourism development press conference on Sunday, Bali...