Bybit and OKX have achieved record highs in their combined Derivatives market share. According to the latest Exchange Review by CCData, Bybit now holds an aggregated market share of 11.94%, while OKX dominates with 20.2%, totaling over 32% in November. This surge in market share comes when industry giant Binance is experiencing a decline in...Read More
LayerZero Labs has announced in a recent post on X that it plans to launch its own token in the first half of 2024. This announcement was made following months of community speculation and discussion about the potential creation of a LayerZero token. LayerZero Announces ZRO Token Launch With $3M Airdrop “We’ve heard the community...Read More
Conversations about launching spot Bitcoin exchange-traded funds (ETFs) in the United States have moved to advanced stages, Reuters reported Thursday, citing unnamed sources. According to the report, the U.S. Securities and Exchange Commission (SEC) has begun to ask potential spot Bitcoin ETF issuers detailed and technical questions about the products, a move the sources said indicated...Read More
The indisputable leader of Layer 1 (L1) protocol Ethereum’s native token Ether (ETH), has achieved a highly anticipated price level of $2k. Cardano (ADA), Solana (SOL), Avalanche (AVAX), and hundreds of other L1 protocols are there but some have outperformed ETH and BTC in terms of growth in the past few days. Amid the frenzy...Read More
Five months after Ripple’s resounding legal triumph over U.S. regulators, the company’s cryptocurrency has shed virtually all of its former gains against its digital competitors. The XRP/BTC price ratio has returned to its level from prior to July 13, after which XRP rallied against the market’s leading crypto asset by ~80% within a week. Back...Read More
VanEck has recently made its fifth amendment to the S-1 Form with the U.S. Securities and Exchange Commission (SEC), showcasing its persistent efforts in the cryptocurrency sector. This amendment, filed on December 8, outlines updates to the VanEck Bitcoin Trust, a spot Bitcoin Exchange-Traded Fund (ETF). The ETF is expected to be listed under the...Read More
The government of El Salvador has teamed up with stablecoin issuer Tether to launch the “Adopting El Salvador Freedom Visa Program,” designed to benefit the economy, the culture, and the people of the nation. This new citizenship-by-investment initiative offers a residency visa and a route to citizenship for 1,000 individuals who are prepared to make...Read More
The Bitcoin community has just witnessed the largest Ordinals inscription sale of all time amid the resurgence of digital artifacts on the largest blockchain network. According to a tweet by Solana-based non-fungible token (NFT) marketplace Magic Eden, Ordinals inscription #8 from the Honey Badgers has been sold for 10.4 bitcoins (BTC) worth approximately $450,000. We...Read More
[PRESS RELEASE – New York, USA, December 8th, 2023] New York, December 8, 2023 – Zebec, a pioneer in streaming finance, announced today the launch of the Zebec Instant Card further expanding its diverse suite of payment and payroll solutions. The new card, underpinned by the trusted networks of Visa and Mastercard* offers a seamless...Read More
A United States district judge has ruled that Changpeng Zhao (CZ), the founder and former CEO of the world’s largest cryptocurrency exchange Binance, will remain in the country until his sentencing on February 23, 2024. According to an official document, Judge Richard Jones agreed with the U.S. government that CZ’s return to his home in...Read More
After being at the center of the debacle that sent Terra and Luna spiralling to near absolute zero, former Terraform Labs CEO Do Kwon fled his home country of South Korea and disappeared off the map for a good several months. He did not, however, disappear off of Twitter, where he continued posting diatribes blaming...Read More
[PRESS RELEASE – GRAND CAYMAN, Cayman Islands, December 7th, 2023] Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent...Read More
Popular analyst and Bitcoin advocate CryptoCon BitTime is currently on track, and the model suggests that BTC cycles closely follow each other, particularly when they alternate. In a post on X, CryptoCon shows a chart in which the current white cycle is compared to the 2015-2018 cycle, and it accurately predicted the early top in...Read More
The Solana token has witnessed a jump of over 11% in the past 24 hours, making it one of the top gainers of the day. Further, the token has successfully achieved its target price of $70, indicating a massive bullpower in the crypto space. The Solana price traded in a consolidated range between $38.77 and...Read More
A new listing featuring JTO – the native token of Jito Network – is available to trade on BitMEX, and with up to 10x leverage. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified...Read More
