In the world of cryptocurrency, Ethereum (ETH) is currently dominating the market trends. This can be attributed to the recent filing of updated S-1 forms for spot ETH ETFs by major financial firms such as BlackRock, Fidelity, VanEck, and more. This development has sparked a lot of interest in Ethereum, with potential trading starting as
Crypto
Artur Schaback, co-founder and former CTO of Paxful, recently pleaded guilty to conspiracy for failing to establish, develop, implement, and maintain a compliant AML program as required by the Bank Secrecy Act. This failure to collect necessary KYC information of customers who opened accounts to trade on Paxful from July 2015 to June 2019 has
In the world of cryptocurrencies, the regulatory landscape is constantly evolving. The introduction of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30 has significantly impacted the market dynamics. With the new regulation in place, there has been a noticeable trend towards compliant stablecoins, such as Circle’s USDC, as market participants seek transparency and regulatory
In recent days, Bitcoin has experienced a significant drop in price, reaching its lowest level since February. However, analysts at Bitfinex believe that there are on-chain signs indicating that the leading cryptocurrency may be approaching a potential local bottom. Despite the recent market volatility, data from July 6 and 7 suggest that Bitcoin’s correction may
Following a difficult week in the cryptocurrency market, Chainlink (LINK) managed to gain over 4% in 24 hours. This increase in price was supported by the accumulation of over 6.2 million LINK by whales, totaling approximately $76.88 million. Despite LINK losing nearly 10% over the week, the confidence of large holders in the asset remained
Bitcoin’s recent price action has caused fear among investors, leading to concerns that the bull market may have come to an end. The daily timeframe shows a clear bearish trend, with the price making lower highs and lows since falling below $70K. Last week, the market broke below the crucial $60K level and the 200-day
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of four digital assets – BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). This decision has far-reaching consequences not just for the affected cryptocurrencies but also for the broader market as a whole. The delisting of these digital assets means that all spot trading
The cryptocurrency market recently experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum reaching above $3,000. In addition to the major cryptocurrencies, meme coins like Shiba Inu also saw notable gains. This resurgence comes after a period of losses at the end of last week, bringing relief to investors and traders alike.
The cryptocurrency market is currently experiencing a significant decline, with major coins such as ETH and XRP taking a hit. ETH, for instance, has once again dropped below the $3K mark and is down by 4% in a single day. XRP, on the other hand, saw a 5% decrease as bulls struggle to maintain the
Despite the emergence of various blockchain networks offering faster transaction times and lower fees, Ethereum remains dominant in the industry. Recent data compiled by Lookonchain shows that Ethereum has surpassed Bitcoin in terms of one-year fee revenue. Ethereum generated a staggering $2.728 billion in fees, while Bitcoin came in second with $1.30 billion. This significant
