Bloomberg analyst Eric Balchunas recently raised an interesting question about the potential effects of a spot Bitcoin ETF approval on the pricing structures of crypto exchanges. He suggested that the low fees offered by some prominent exchanges might be forced to be reconsidered. However, digital asset custody platform Custodia Bank’s Caitlin Long expressed concerns about
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In recent times, the approval of Bitcoin Spot Exchange-Traded Fund (ETF) has sparked immense interest in the cryptocurrency community. Scott Melker, a prominent cryptocurrency analyst and advocate, took to social media to share his projections regarding a potential influx of funds into Bitcoin following the approval of the ETF. While Melker’s projections were met with
In the increasingly complex and often volatile world of cryptocurrency, trust and transparency are crucial for the success of any exchange. The latest Proof-of-Reserves (PoR) report from Binance not only highlights their commitment to financial integrity but also provides reassurance to their users. By analyzing the key findings of the report, we can delve into
The cryptocurrency market has been experiencing a fascinating trend in recent months – the explosive growth of DEX-traded tokens. These tokens, often referred to as moon-shots, have attracted significant attention from traders worldwide. Notable examples include BONKITA, SAMBO Bot, SOLAREUM, and Joe on SOL. These tokens have seen massive gains, leaving many traders wondering if
The rise of Bitcoin has been met with a surge in popularity and a growing acceptance of cryptocurrencies as a means of acquiring digital assets. However, despite the continued growth of Bitcoin itself, the number of kiosks providing the option to acquire cryptocurrencies using cash or debit cards has been on a decline. Coin ATM
Ethereum, the king of altcoins, has been receiving sustained support from its whales as they continue their buying spree. Over the past few weeks, these whales have significantly increased their purchases, indicating their strong confidence in the future of Ethereum. On-chain data from Santiment reveals that the largest private wallets now hold a record-breaking 56.25
The cryptocurrency market is witnessing a notable decline in security incidents, according to CertiK’s latest report for 2023. This analysis reveals that the total losses have decreased by 51% compared to 2022, amounting to $1.84 billion across 751 events. Although this decrease is certainly encouraging, further examination of the data sheds light on the persistent
Arbitrum, a leading Layer-2 (L2) scaling solution, has experienced an impressive upward trajectory since the launch of its native token, ARB, in March 2023. The past month alone has seen a staggering 74% surge in ARB’s value, signaling a growing market interest in the protocol. This remarkable growth underscores Arbitrum’s increasing adoption and recognition for
Decentralized applications (dapps) have been gaining tremendous popularity in recent years, and the ability to scale effectively is a crucial factor for the success of any blockchain platform. In this article, we will explore the different approaches taken by Solana and Ethereum in addressing the scalability challenge. While both platforms aim to provide scalable solutions,
In January of 2023, the popular YouTuber CoffeeZilla uploaded a three-part series exposing the controversies surrounding Logan Paul’s CryptoZoo project. The project, which involved the sale of egg NFTs for an upcoming game, attracted thousands of customers eager to participate. However, the excitement quickly turned into disappointment as the social media accounts associated with the
