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Crypto exchanges exit Hong Kong license race ahead of May deadline
21.5.2024
The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline
Crypto Exchange Bybit Reaches 30 Million Registered Users Around the Globe
21.5.2024
Cryptocurrency exchange Bybit has announced that it has surpassed 30 million registered users globally, marking a significant milestone in its growth. The company’s market share in spot trading has increased from 2% in 2023 to 9.3% in 2024, according to the latest Kaiko Research quarterly...
Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
21.5.2024
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed
Ex-Florida congressman joins Coinbase Global Advisory Council
20.5.2024
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters
Bitcoin price hits $70K as spot and BTC ETF buying surges
20.5.2024
Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end
Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV
20.5.2024
Binance, the world's largest cryptocurrency exchange, has urged small and medium-sized crypto projects to address the prevalent trend of low float and high fully diluted valuations (FDV).
The post Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV appeared first...
Gemini Earn to repay customers’ crypto by month-end
20.5.2024
A U.S. court has approved a Chapter 11 bankruptcy plan for the defunct cryptocurrency lender Genesis. According to a company announcement, Gemini, a Genesis creditor, will return assets to customers by the end of the month. Genesis, the bankrupt cryptocurrency lender that ceased operations...
Binance calls on small and medium projects to combat low float, high FDV trend
20.5.2024
Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
20.5.2024
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened...
Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe
20.5.2024
Cryptocurrency exchange Kraken reassured users it has no plans to delist USDT in Europe and will continue to follow all legal requirements.
The post Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe appeared first on Cryptonews
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
XRPL on-chain transactions jump 108% in Q1 2024
19.5.2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023
If SEC approves Ether ETF, many ‘will be caught severely offside'
18.5.2024
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
Aussie admits to promoting BitConnect crypto services without a license
18.5.2024
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Solana Meme Coin SLOTH Lists on HTX Monday 20 May at 12pm UTC, is Binance Next?
17.5.2024
Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX.Trading is set to begin on Monday 20 May at 12pm UTC, with deposits open now, according to the details released simultaneously via an HTX blog and a $SLOTH X post.The exchange...
Binance-backed Magic Square IDO platform to democratize retail investor access
17.5.2024
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
17.5.2024
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said
AMF warns: Bybit operates without approval in France
17.5.2024
Bybit, a prominent cryptocurrency exchange, has recently faced regulatory scrutiny in France. Despite the cryptocurrency exchange, it has been in the market for five years. The exchange is estimated to have a user base of 20 million around the world. The fact that the exchange is not authorized...
SEC says crypto exchanges are delisting Naira from P2P platforms
17.5.2024
The Securities and Exchange Commission (SEC) recently announced that cryptocurrency exchanges have begun delisting the Naira for peer-to-peer (P2P) trading platforms. The SEC and the Office of the National Security Advisor (ONSA) issued an order the week prior mandating that digital currency...