Crypto market analysis platform CoinGecko has provided a breakdown of the industry’s growth in 2023 amid optimism and anticipation about several events this year, including the recent approval of spot Bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin halving. According to the report, the market witnessed substantial growth in several areas, including decentralized finance (DeFi),...Read More
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – USDC – wasn’t immune to these forces either. The total circulating supply has declined from approximately $45 billion to about $25 billion by the conclusion...Read More
The crypto market is poised for a transformative alt season in 2024, distinct from the widespread surge of 2020/2021. This upcoming phase is expected to be more selective, with only certain altcoins experiencing significant growth. The market cap excluding Bitcoin (BTC) and Ethereum (ETH) is a key indicator, and a breakthrough above a certain threshold...Read More
El Salvador made history by becoming the first nation to embrace Bitcoin as a legal tender more than two years ago. Although the country’s financial outlook has seen positive developments, a recent study carried out by José Simeón Cañas Central American University unveiled a mixed sentiment regarding the correlation between the adoption of Bitcoin and...Read More
The latest TokenInsight report reveals that 2023 witnessed shifts in market share and trading volume among top exchanges, with Binance’s numbers decreasing from 54.2% to 48.7% while OKX’s and Bybit’s increasing by 4.3% and 2.2%, respectively. Binance, Upbit, and OKX occupy the top three positions in total annual trading volume, while Binance, OKX, and Bybit...Read More
As crypto markets are filled with hope after the recent approval of spot crypto ETFs, the price of Ethereum (ETH) has seen a significant upswing. The crypto managed to sustain above the gains and displayed dominance of the bulls, capturing the attention of crypto analysts. Alongside it, Meme Moguls (MGLS) also experienced a high level...Read More
Perhaps the most important development in terms of global validation for BTC in its 15-year-long history came last week when the US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs to be traded on financial markets. These approvals were long-anticipated by the crypto community, as well as traditional investors, but they...Read More
In the last month, there has been a notable increase in crypto trading in South Korea. Kaiko’s latest analysis reveals a substantial surge in Bithumb’s Bitcoin volume, even though zero-fee trading was introduced several months ago. The trading volume of the flagship crypto asset on the platform appears to be approaching a whopping $3 billion....Read More
In a few days, Radix is coming to BitMEX via a new listing – XRDUSDT – margined in USDT, with up to 10x leverage. To celebrate, BitMEX is launching a new trading competition for the Radix community – where up to $20,000 worth of XRD and other special rewards are up for grabs. You will...Read More
