XRP price breaks out of range with a 25% rally, but why?
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level. Go to Source Powered by WPeMatico
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Coinflex plans give 65% of company to creditors as part of restructuring proposal
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company’s shares. Go to Source Powered by WPeMatico
Binance Founder CZ Announces Romanian Office as Part of Regional Expansion
Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe. Binance to Launch Romanian-Language Support This Fall, Exchange CEO Unveils in Bucharest … Read more
Binance receives green light for crypto services in Dubai
The new MVP License is a transition from a Provisional License received earlier this year under a new regulatory framework Go to Source Powered by WPeMatico
Kraken CEO Jesse Powell steps down: Report
Jesse Powell will reportedly be succeeded as CEO by chief operating officer Dave Ripley, who has been with the crypto exchange since 2016. Go to Source Powered by WPeMatico
Blurring the line between crypto and TradFi could redefine global finance
The merging of crypto and TradFi is inevitable, with the latter potentially mitigating the volatility permeating the digital asset industry. Go to Source Powered by WPeMatico
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A round. Funds to Be Used for Development of New Products Yellow Card, an Africa-focused cryptocurrency exchange, … Read more
Indian exchange WazirX follows Binance in delisting USDC
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October. Go to Source Powered by WPeMatico
Crypto market bloodbath leads to $432M in liquidation
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years. Go to Source Powered by WPeMatico
Bitcoin exchange inflows see biggest one-day spike since March 2020
236,000 BTC enters trading platforms in a single day amid what one commentator calls “unusual” exchange flows. Go to Source Powered by WPeMatico