The digital asset market has experienced a minor cooling-off phase, with outflows totaling roughly US$11.2 million over the week. Despite this, Bitcoin emerged as a beacon with inflows totaling US$3.8 million. CoinShares’ Digital Asset Fund Flows Weekly report also displayed a notable increase in trading volumes, with volumes rising to US$2.8 billion for the week, […]
The South Korean government is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets used to fund its capital Pyongyang’s illicit weapons program. The bill is said to reflect the country’s president’s beliefs that its cybersecurity framework needs to be repaired. It will also contain ways to […]
The crypto market is abuzz with recent developments in the Ripple lawsuit and the price of XRP on the rise. Shiba Inu (SHIB) has also seen a major boost from Shibarium, while investors have been diversifying into Everlodge (ELDG) due to its massive potential. Unification will launch a Shibarium validator node soon, increasing confidence in […]
Bitcoin’s price has dropped nearly 5% in the last 24 hours, falling from around $27,300 to around $26,000, after the US Securities and Exchange Commission (SEC) delayed seven pending spot Bitcoin ETF applications. The SEC’s delay allows it another 45 days to approve, deny or again delay the applications, with the next decision deadlines between […]
The cryptocurrency market has been thrown into disarray by a series of regulatory developments, leading to considerable volatility for major cryptocurrencies, including Bitcoin and Ethereum. The recent SEC lawsuits against industry giants Binance and Coinbase have further compounded market anxieties, sparking widespread speculation of a systematic effort to destabilize the industry.As a result, Bitcoin and […]
Coinbase Exchange announced today that it will be suspending 41 non-USD trading pairs, including ALCX/USDT and BIT/USD, in order to improve overall market health and consolidate liquidity. The affected trading pairs account for a negligible amount of Coinbase’s total trading volume. Users of Coinbase Advance will still be able to trade the suspended assets through […]
The Grayscale Bitcoin Trust (GBTC) had a roller coaster day on Tuesday, with a legal victory propelling the stock to a new all-time high. The stock rose more than 10% in the morning, before settling back down to a more modest gain of 4.5%. The news of the legal victory also had a ripple effect […]
The EOS token reacted positively to the news of its approval, rising by 9% to $0.63108. This is still far from its all-time high of $22.89 in 2018. The bullish price action can also be attributed to the positive market sentiment, as Bitcoin (BTC) and Ethereum have surged by over 5% in the past 24 […]
Binance, a cryptocurrency exchange, is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution. The new product, called “Send Cash”, allows users from nine countries to transfer crypto funds directly to bank accounts. The countries include Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama, and […]
Bitcoin’s mining difficulty has reached a new peak as the cryptocurrency hovers around the $26,000 price level. According to the latest edition of the weekly report from crypto exchange Bitfinex, the mining difficulty hit an all-time high of 55.62 trillion hashes.The mining difficulty is a metric representing the challenge of validating a new block. High […]
