A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
Powered by WPeMatico
Category: trading
Auto Added by WPeMatico
How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price.
Powered by WPeMatico
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.” De-Dollarization and CBDCs: Monetary Historian Suggests a […]Powered by WPeMatico
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over […]Powered by WPeMatico
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting […]Powered by WPeMatico
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a […]Powered by WPeMatico
OpenSea implements 0% fees to win over NFT userbase lost to Blur
NFT marketplace Blur surpassed OpenSea in daily ETH trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor.
Powered by WPeMatico
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed […]Powered by WPeMatico
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations
The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of […]Powered by WPeMatico
How to evaluate any crypto project using fundamental analysis
Different from traditional markets, the crypto market has its own set of key questions to consider when analyzing a project and its assets.
Powered by WPeMatico