Coinbase’s non-US exchange achieved a significant milestone on February 20th, with daily trading volume exceeding $1 billion. This marked the first time that the international exchange reached this impressive volume mark. Coinbase CEO, Brian Armstrong, expressed his satisfaction with this achievement and highlighted the continuous growth of the platform. As reported by Coinbase International Exchange,
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The Hong Kong Monetary Authority (HKMA) recently introduced new regulatory standards on the sale and distribution of tokenized financial products by authorized institutions. The goal of these standards is to promote innovation while safeguarding consumer protection in the rapidly growing field of tokenization. This innovative technology involves digitizing real-world assets (RWA) using distributed ledger technology,
Bernstein, a global asset management firm, recently expressed confidence in the approval of an Ethereum Spot ETF by the US Securities and Exchange Commission (SEC). The analysts at Bernstein, Gautam Chhugani and Mahika Sapra, believe that Ethereum has a strong chance of being the second digital asset after Bitcoin to receive a Spot ETF approval
Wall Street Memes has recently implemented a major new burn mechanism that has set ablaze 5% of the $WSM token supply. This move marks the beginning of an exciting deflationary force in the dynamics of the $WSM token. Originally, developers had planned for a 10% buyback of Net Gaming Revenue, but they have now shifted
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” The
Cryptocurrency enthusiasts were in for a rude awakening when news broke about a fake Rabby Wallet app infiltrating the iOS App Store. What was supposed to be an exciting launch of the beta version of Rabby Wallet’s mobile app turned into a nightmare for many users. Reports started surfacing about individuals losing their entire crypto
In a groundbreaking sale that has caused waves in both the blockchain and art communities, a complete set of 10 Autoglyphs recently changed hands for a remarkable 5,000 ETH. This purchase, valued at around $14.6 million, has set a new record for the highest NFT sale in the last two years, making it the fifth-largest
Ethereum has recently broken through the $2,900 level, showcasing a strong surge in price over the past 24 hours. While Bitcoin has been experiencing a sideways trajectory, Ethereum has taken its own path, surging almost 4% in a day. This push has brought Ethereum to touch the $2,900 mark for the first time since May
In a recent strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation. This decision, revealed during a press conference on Feb. 19, aims to explore the possibility of postponing the commencement
The Bitcoin open interest has experienced a significant surge in recent weeks as the price of the cryptocurrency continues to climb. This spike in open interest is a clear indication of the growing interest in Bitcoin, particularly following the approval of Spot Bitcoin ETFs for trading by the SEC in the United States. As per