In the world of cryptocurrency exchanges, Binance has been a dominant player for several years. However, recent data from Paris-based crypto intelligence platform Kaiko reveals a significant decline in Binance’s market share. From its peak at 60% in 2022, Binance’s market share plummeted to 44.5% in the past year. This decline marks a departure from
The FIL price has experienced a 4% drop in the past 24 hours, falling to $7.48. This decline is part of a broader 1% decrease in the crypto market today. Despite this dip, Filecoin has still seen significant gains over the long-term. It has risen by 31% in the past week, 54% in the last
The world of cryptocurrencies often witnesses the rise and fall of various meme tokens, with some experiencing significant surges in value overnight, only to crash and disappear just as quickly. One recent example is BLOB, a token that saw a staggering 7,000% increase in value on the Solana-based Radium DEX. However, the price of BLOB
One of the recurring discussions surrounding Ripple’s XRP buybacks is whether the company should be focused on distributing the cryptocurrency instead of purchasing more. This question was raised by a community member known as Crypto Mark. The argument is that Ripple should own less XRP rather than increasing its holdings. However, Mr. Huber, an esteemed
Crypto exchange OKX has recently announced that it will be introducing new requirements to ensure compliance with the regulations set by the U.K. Financial Conduct Authority (FCA). These measures, which will come into effect on January 8th, are aimed at enhancing user awareness of the risks associated with cryptocurrency investments and evaluating their level of
Solana, a rapidly growing blockchain platform, has made significant strides in the NFT ecosystem. On December 23rd, the platform experienced an extraordinary surge in NFT sales, marking a pivotal moment not only for Solana but for the entire NFT market. What sets Solana apart from other blockchain networks is its focus on providing fast and
As Bitcoin’s highly anticipated halving event approaches, analysts are closely examining the potential trajectory of the cryptocurrency. Prominent crypto trader Adrian Zdużyczyk has recently shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs post-halving. Zdużyczyk’s projections, shared on various platforms, hinge on favorable market conditions and pivotal financial events. The beginning
The expiration of copyright protection for Disney’s iconic 1928 short film, “Steamboat Willie,” has sparked a new trend in the OpenSea NFT market. This landmark animation, known for introducing early versions of Mickey Mouse and transforming Disney’s fortunes, is now accessible to the public in the United States. Its entry into the public domain has
The crypto industry is gearing up for an exciting and strong bullish run in 2024, as analysts across the board predict new all-time highs for various assets. This optimistic outlook has investors on high alert, eagerly searching for cryptocurrencies that offer the potential for substantial returns. With this in mind, a well-known crypto analyst, who
Ping Exchange has recently made waves in the crypto trading landscape by initiating its trading operations on January 1st. This new entrant in the industry brings a unique feature to the table: the integration of CorePass ID for user authentication. By leveraging the Core Blockchain ecosystem, Ping Exchange offers users a decentralized digital identity that
In the volatile world of cryptocurrencies, overnight success stories are not uncommon. However, the recent surge of JJ Coin has left many traders both excited and skeptical. With an astonishing 20,000% rise overnight and an impressive 11,000% gain in the past 24 hours, it’s hard to ignore JJ Coin’s performance. But before jumping on the
As Ripple’s native token, XRP, continues to make headlines in the cryptocurrency industry, industry participants are eagerly speculating on whether it is on the verge of a price rally. With its parent company’s success in a lawsuit against the US Securities and Exchange Commission (SEC), many are optimistic about XRP’s future. In this article, we
As the prominence of Non-Fungible Tokens (NFTs) continues to grow, so does the risk of hacks and cyber attacks targeting these valuable digital assets. NFTs are stored on blockchain platforms, which provide a decentralized and transparent ledger to record transactions. On the surface, blockchain technology seems secure, but there are vulnerabilities that hackers exploit to
Bitcoin has experienced a significant surge, gaining 7.2% in the past 24 hours. During the Tuesday morning Asian trading session, the leading cryptocurrency reached an intraday high of $45,498. This impressive rally comes after a relatively flat performance over the holiday weekend, signaling a bullish start to the new year. These price movements have propelled
The United States Securities and Exchange Commission (SEC) is expected to make an announcement in the coming days regarding the approval of spot Bitcoin exchange-traded fund (ETF) applicants. According to sources, the SEC will notify applicants on either January 2nd or January 3rd of their clearance to launch their ETFs. This would provide them with
Cryptocurrency hedge funds have experienced a significant turnaround in 2023, generating an average return of 44% through December 20. This marks a rebound from a 52% loss in 2022 and positions cryptocurrency hedge funds as the best performers among 29 strategies monitored. Despite not matching Bitcoin’s impressive rally of over 150% this year, the positive
India’s stance on cryptocurrency has been a subject of controversy and uncertainty. However, despite these challenges, India has emerged as one of the top markets for digital assets. The latest report by crypto exchange CoinDCX reveals several interesting trends and highlights the country’s position as a global crypto adoption leader. Contrary to expectations, Tier-2 cities
The future of Bitcoin and its potential price movement has been a topic of great interest among investors and financial analysts. As we enter the year 2024, various industry experts have shared their predictions for Bitcoin. These forecasts range from modest gains to incredibly ambitious price targets. In this article, we will analyze some of
In recent years, meme coins have emerged as a volatile yet potentially profitable investment option. Coins like $SHIB, $DOGE, and $SPONGE have made headlines with their massive price surges, attracting both early investors who reaped significant gains and later entrants who faced substantial losses. One of the latest additions to this meme coin niche is
The past 24 hours have been a wild ride for Tellor (TRB), as its price witnessed both a surge and a crash that appeared to be indicative of price manipulation. In a matter of hours, the cryptocurrency soared to over $600 before plummeting down to $137. These drastic price fluctuations were accompanied by an abnormal
In a recent report, it has been suggested that the US Securities and Exchange Commission (SEC) is preparing to inform asset managers about the approval of their Bitcoin ETF applications as early as next week. This news has generated anticipation among investors and cryptocurrency enthusiasts, as the approval of Bitcoin ETFs could have significant implications
In 2023, the landscape of cryptocurrency investments underwent a notable transformation characterized by a significant decline in crypto venture capital (VC) funding. The funding experienced a staggering decrease of 68%, dropping from the previous year’s $33.3 billion to $10.7 billion. This decline, although substantial, positions 2023 as the third-highest year in total crypto investments, surpassing
In the world of cryptocurrency, trust and security are of utmost importance. However, the infamous crypto-hacking group known as Pink Drainer has once again made headlines, this time for their involvement in a highly sophisticated phishing scam. This cyber heist targeted a single victim, resulting in a staggering loss of $4.4 million worth of Chainlink
Coinbase Global, the renowned cryptocurrency exchange, has recently undergone a leadership change within its custody division, according to a report by Bloomberg. This shift includes the departure of Aaron Schnarch, the former CEO of Coinbase Custody, and his replacement by Rick Schonberg in August. Coinbase’s decision to replace Aaron Schnarch with Rick Schonberg aligns with
Catalyx, a crypto trading platform based in Canada, recently experienced a security breach resulting in the loss of customer funds. This incident has raised concerns about the platform’s security measures and has led to temporary suspension of trading activities and asset withdrawals. While there is limited information available about the exact extent of the loss,
The release of ChatGPT by OpenAI just over one year ago sparked a revolution in Artificial Intelligence (AI). As AI continues to dominate the cryptocurrency market, traders are eagerly investing in projects that offer strong AI-based use cases. One such project that has gained significant traction is Launchpad XYZ. Launchpad XYZ aims to revolutionize crypto
Bitfinex, a leading cryptocurrency exchange, has released its year-end Alpha report, in which it predicts a significant growth in the total market capitalization of the cryptocurrency market. Despite the challenges faced in 2023, Bitfinex remains optimistic about the resilience and potential growth of Bitcoin and other crypto assets. According to Bitfinex’s prediction, the total market