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Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
25.7.2023
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022
Crypto Exchange Listing and Delisting Announcements: July 25, 2023
25.7.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Bitget surpasses 20M users as wallet integration spurs trading volumes
25.7.2023
The platform is now among the four largest cryptocurrency exchanges by trading volume after integrating with recently acquired wallet service Bitkeep
Dogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M
25.7.2023
Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday
Binance and CEO Changpeng Zhao seeks to dismiss CFTC complaint
25.7.2023
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC against them
Peer-to-Peer Crypto Platforms under Pressure in Declining Market
24.7.2023
Decentralized peer-to-peer crypto exchanges are under heavy pressure as they witness a sharp decline in the total market share.
The market share of peer-to-peer crypto platforms has dropped to 5% from a 2023 peak of 7% in March, Bloomberg reported citing Kaiko data.
Decentralized exchanges...
Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K
24.7.2023
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news
XRP Price Prediction as $1.2 Billion Trading Volume Comes In – Are Whales Buying?
24.7.2023
The XRP price has dropped by 2.5% in the past 24 hours, falling to $0.719308 as the cryptocurrency market as a whole barely moves.
XRP is now down by 4% in the past week, having lost momentum following the rally it enjoyed in the wake of the Ripple-SEC ruling.
Nonetheless, the altcoin remains...
Bitcoin Price Prediction as Trading Volume Falls to $5 Billion in 24 Hours – Here's Why
23.7.2023
Amidst the dynamic and ever-changing landscape of the cryptocurrency market, Bitcoin's recent performance has been under scrutiny.
Currently trading at 29,890, the world's leading digital currency has experienced a slight decrease of nearly 0.25% on Sunday.
However, what has drawn significant...
Copy Trading Has ‘Disrupted the Crypto Industry’ Says Bitget’s Gracy Chen
23.7.2023
Copy trading has disrupted the crypto industry and is increasingly the trading strategy preferred by less experienced traders says Gracy Chen, managing director of the crypto trading platform Bitget. While copy trading is gaining popularity globally, traders and prospective users from Africa appear...
Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market
22.7.2023
Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might claw its way back to the $2,000 territory in...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Volatile Week of Trading
22.7.2023
Bitcoin consolidated around the $30,000 level to start the weekend, as traders attempted to find a firm price floor on Saturday. The market has been volatile during the past week, as recent winners took profits, following the XRP-related bull run. Ethereum remained below $1,900 on Saturday. Bitcoin...
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...
Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next?
22.7.2023
As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move.
Currently trading at around $29,900 with a less than 0.10% increase on Saturday, Bitcoin remains a subject of interest for investors and traders alike. ...
FTX Sues SBF, Former Execs to Recover Over $1 Billion
22.7.2023
Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...
Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here's What You Need to Know
22.7.2023
The cryptocurrency market is chock-full of contenders competing for attention beyond the shadow of Bitcoin. Among the array of projects, some provide real utility, functioning as more than just a digital asset or currency. Utility coin LPX, associated with the blockchain startup Launchpad XYZ,...
Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry
21.7.2023
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks
Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office
21.7.2023
Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.
In a Thursday press release, Bitget revealed that it has opened an office in downtown Dubai to support its expansion, and is also exploring opportunities...
XRP price searches for a fresh bullish catalyst to trigger a move above $1
21.7.2023
XRP price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and beyond?
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
21.7.2023
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in a month, according to blockchain data