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Major CEXs Experience 3X Surge in Monthly Trading Volumes from October 2023: Bybit
18.4.2024
A new Bybit report reveals a 3x surge in CEX trading volumes from Oct. 2023 to Mar. 2024, fueled by Bitcoin ETF approvals and rising investor confidence. However, DEXs like Uniswap v3 experienced even greater growth. The report also details how the upcoming Bitcoin halving could further impact...
Citadel-Backed Hidden Road Partners Targets $120M in Series B
18.4.2024
Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation.
The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
18.4.2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace...
OKX Sees Departures of Global Government Relations Head, Product Head, and Compliance Head: Report
17.4.2024
OKX, the world's second-largest cryptocurrency exchange by trading volume, has reportedly lost two of its top executives, Tim Byun and Wei Lan amid latest strategic restructuring.
The post OKX Sees Departures of Global Government Relations Head, Product Head, and Compliance Head: Report appeared...
South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar
17.4.2024
The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024.
The post South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar appeared first on Cryptonews
Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip?
17.4.2024
Amid a $40 billion trading surge, Bitcoin steadies at $63,900, sparking debates on whether whales capitalized on the recent dip
The post Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip? appeared first on Cryptonews
South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024
17.4.2024
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea....
U.S. Senators Elizabeth Warren and Charles Grassley Demand CFTC Chair Rostin Benham Explain Ties To Sam Bankman-Fried
16.4.2024
U.S. Senators Elizabeth Warren and Charles E. Grassley are demanding Commodity Futures Trading Commission (CFTC) Chair Rostin Benham shed light on correspondence he had with FTX founder Sam Bankman-Fried in the lead-up to the exchange’s collapse, a letter from the lawmakers to Benham dated April...
Solana DEX Drift to Airdrop 100M Tokens in Weeks
16.4.2024
Some surprise winners in Drift's road to decentralization include MetaDAO
Bitcoin Could Surge to $120K on 'Doomsday Rally,' Trader Says
16.4.2024
Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some observers say
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
15.4.2024
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley...
Crypto Experts Are Betting on This New Bitcoin Project As Crypto Prices Rebound – 100x Possible?
15.4.2024
Political and economic uncertainty may have investors trading cautiously but with Bitcoin’s halving on Friday set to revitalize what has been an already breakout year for crypto, one exciting new presale is getting a look-in: 99Bitcoins. Last Thursday, 99Bitcoins began a presale for...
Ethereum Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
15.4.2024
As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent oscillator and moving average signals point towards...
Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
15.4.2024
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated
Mixed reactions to Hong Kong’s certification mechanism on OTC trading
15.4.2024
According to the Hong Kong Economic Journal, the related industry has absolutely mixed reactions to Hong Kong’s certification mechanism for OTC trading of virtual assets. The companies are concerned about Hong Kong’s over-the-counter (OTC) certification mechanism, which stipulates that the virtual...
Uniswap raises its trading fees from 0.15% to 0.25%
15.4.2024
Uniswap, a decentralized exchange, intends to raise its trading fees from 0.15% to 0.25% to adequately stand up to certain legal matters pertaining to BitClout from the Securities and Exchange Commission (SEC). The raised amount accrued will go towards offering future funding for the continuing...
Uniswap Labs Implements Fee Increase to 0.25% on Mainnet and Layer 2 Swaps
14.4.2024
Uniswap Labs, the creator of the Uniswap protocol, has increased the fees charged to users for trading on its interface.
The post Uniswap Labs Implements Fee Increase to 0.25% on Mainnet and Layer 2 Swaps appeared first on Cryptonews
Fastest selling presale: BlockDAG surpasses $16.3M: Can XRP hit $1 amid rising Uniswap trading volume?
13.4.2024
As the markets eagerly await the Bitcoin halving event, uncertainty looms over everything and everyone. Ripple’s neutral trend sparks speculation: Can XRP hit the $1 mark if it persists? Meanwhile, Uniswap achieves a noteworthy milestone, with its total cumulative trading volume surpassing...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Is It Too Late to Buy Bittensor? TAO Price Falls After Binance Listing as Spotlight Shifts to Solana’s Hidden New Coin
12.4.2024
Cutting edge AI token Bittensor (TAO) has fallen 20% in 24 hours to trade at $572, only a day after listing on Binance in what looks like “buy the rumour, sell the news” trading activity, according to data by Coin Gecko. Bittensor is a pioneering peer-to-peer (p2p) machine learning...