HashKey Exchange, a crypto trading platform based in Hong Kong, recently announced its decision to cease support for Binance-related transactions. The exchange stated that starting May 10, it will restrict deposits from Binance and by May 17, it will no longer support virtual asset withdrawals to Binance-hosted wallet addresses. This move comes as a result
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In a recent interview, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, made a compelling forecast regarding the future price of Bitcoin. He suggested that following the upcoming halving event, Bitcoin could potentially soar to $200,000. This prediction comes amidst a period of significant volatility in the cryptocurrency markets, fueled by geopolitical tensions
Binance, the world’s largest cryptocurrency exchange, was once banned by the Indian government. However, after agreeing to pay a penalty of approximately $2 million, Binance is now set to make a comeback in the Indian market. The agreement includes oversight by the finance ministry’s Financial Intelligence Unit (FIU), where Binance will have to comply with
Ethereum (ETH) has experienced significant growth in the first quarter of 2024, with its price increasing by almost 100%. Alongside this price action, the Ethereum blockchain has generated profits amounting to $369 million during this period. This unexpected profitability has sparked curiosity regarding the financial mechanisms that make a blockchain like Ethereum profitable. One of
The recent introduction of the Lummis-Gillibrand Payment Stablecoin Act has sparked controversy within the crypto industry. Critics, including former Blockchain Association member Jake Chervinsky, have expressed strong opposition to the proposed bill. Chervinsky labeled the act as “deeply flawed” and warned that it would only allow for centralized and custodial stablecoins. He emphasized the importance
Bitcoin Cash (BCH) has been experiencing a decrease in enthusiasm among investors recently, as its price took a significant hit of 20% over the past week. Currently trading at $484, BCH seems to be closely following the movements of Bitcoin, the market leader, which also faced a 9% decline in value over the same period.
Recently, the social media account of the famous actor Tom Holland, known for his role as Spider-Man, was hacked. This incident has caused quite a stir among his fans and followers, as the attackers used his platform to promote a fake cryptocurrency and NFT scheme. The compromised account made false announcements regarding a partnership with
Ethena is a synthetic dollar protocol built on the Ethereum blockchain that introduces the stablecoin USDe to the decentralized finance (DeFi) market. The primary objective of USDe is to provide users with a censorship-resistant and scalable digital currency that is pegged to the US dollar. Since its launch in February, USDe has experienced rapid growth,
In the midst of the recent crypto market downturn, the Solana meme coin markets have remained surprisingly explosive. One of the latest tokens to capture the attention of investors is Elawn Moosk, an innovative multi-chain meme coin with strong ties to Elon Musk. This article will delve into MOOSK’s current price trends and compare its
Ali Martinez, a respected cryptocurrency expert and trader, has offered a bold prediction for Bitcoin’s future. He suggests that the crypto asset could potentially skyrocket to $86,000 in the coming days, stirring excitement and speculation within the cryptocurrency community. Martinez’s analysis revolves around key support and resistance levels that will ultimately dictate Bitcoin’s trajectory. Martinez
