cryptocurrency exchanges

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Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets

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According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.” Stablecoin Supply Growth As explained in the report, the SSR is a … Read more

Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges

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Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules which help securities companies provide crypto services, the Bangkok Post reported … Read more

BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K

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Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps … Read more

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified

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Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack. … Read more

Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?

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The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token traded at $6.23, which translates to a … Read more

P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets

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Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform. Similarly, Binance added Kenya’s popular mobile money service Mpesa to its peer-to-peer platform in … Read more