Bitcoin (BTC)’s massive gains this year have done little to bring crypto day traders back into the market, according to data provided by Bitstamp. Since the start of the year, retail training volume on the exchange’s US platform has grown to 35% from 33%, while global retail volume has only risen from 8% to 9%....Read More
The recent institutional landscape appears to be undergoing a shift, as Ethereum, which had been struggling with continuous outflows throughout the year, notably totaling $107 million, suddenly experienced a positive change.`According to the latest report by CoinShares, Ethereum has attracted the largest inflows since August 2022, totaling $17.5 million. In the latest turnaround, digital asset...Read More
2The crypto market has showcased an impressive run surpassing traditional in terms of growth as well as resilience. Bitcoin’s price trajectory, for one, offered a compelling glimpse into its robust health. Over the past year, the flagship crypto has [posted over 65% gains. Despite this, the long-term Bitcoin holders (LTHs) are yet to capitulate. Long-Term...Read More
[PRESS RELEASE – Vancouver, BC, Canada, November 6th, 2023] MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has swiftly taken action to refund users who were affected by a recent smart contract exploit. In an incident that unfolded on October 24, a total of 280 ETH was targeted. In response, the Maestro...Read More
In recent days, the crypto market has witnessed a surge of activity, with Bitcoin repeatedly knocking on the $35,000 level. Riding on Bitcoin’s bullish efforts, Ethereum traders are seizing the opportunity to push the price of ETH beyond the $1,900 zone. With continued negative Netflow suggesting that more Ethereum is being bought than sold, analysts...Read More
John Deaton, prominent crypto lawyer and founder of Crypto Law, has once again shared his opinion on the ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). According to a tweet, the pro-XRP lawyer believes that a settlement of $20 million or less in the lawsuit between the crypto company and the...Read More
Bitrace has recently unveiled a concerning trend within the Telegram coin exchange robot ecosystem, primarily involving the TRC20 USDT cryptocurrency. This trend includes a substantial number of addresses associated with gambling, money laundering, stolen coins, and fraudulent activities, which can potentially taint innocent users’ addresses and expose them to financial threats. Bitrace Research Reveals Concerns...Read More
Roger Ver, aka “Bitcoin Jesus” filed a lawsuit in the Seychelles last August against a branch of Matrixport, a company associated with billionaire Jihan Wu. The decision was prompted by Ver’s inability to access $8 million from Matrixport’s derivatives-focused subsidiary, bit.com, during the crypto market’s drawdown in 2022. The legal action had not been previously...Read More
The TRX token itself is used to gain access to certain features of the operating software on the Tron protocol. Launched in 2017, TRON (TRX) is a decentralised blockchain-based operating system developed by the Tron Foundation. The TRON software supports smart contracts, different types of blockchain systems, and dApps. Users will again be able to...Read More
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable stable borrows on all networks. This proactive move comes in response to a reported attack vector by a white hat, prompting Aave to suspend certain market operations as a precautionary measure temporarily. The platform aims...Read More
XRP is making remarkable progress, with its price surging by an impressive 30% in just one week. This digital coin has reached its highest point in three months, reaching $0.68. Notably, XRP’s trading volume in the past 24 hours has skyrocketed to $2.55 billion, marking a significant 169.41% increase compared to the previous day. With...Read More
The market supply of the largest stablecoin, Tether (USDT), has soared to a new all-time high, surpassing the just-set milestone of 84 billion. According to data from crypto market intelligence platform IntoTheBlock, USDT’s circulating supply currently sits at 85.42 billion, representing a 22% year-over-year growth. USDT Supply Reaches New All-time High USDT supply hit and...Read More
Hong Kong, renowned for its position as a global financial hub, is contemplating the introduction of exchange-traded funds (ETFs) directly investing in cryptocurrencies. This initiative is part of Hong Kong’s broader efforts to establish itself as a prominent digital asset hub in the Asia-Pacific region while addressing the repercussions of the JPEX scandal. Race to...Read More
[PRESS RELEASE – San José, Costa Rica, November 5th, 2023] In an unprecedented move, Azteco pledges to distribute thousands of dollars in Bitcoin vouchers, spotlighting the ease and accessibility of their innovative voucher system. As excitement builds for the upcoming Blockchain Jungle 2023 conference, Azteco, the world’s leading provider of bitcoin vouchers, announces a groundbreaking...Read More
