The latest buzz in the cryptocurrency world revolves around Ethereum (ETH) as it takes the spotlight as the top trending token. This surge in popularity can be attributed to the updated S-1 forms filed for spot ETH ETFs by major financial institutions such as BlackRock, Fidelity, VanEck, 21Shares, Grayscale, and Franklin Templeton. The market intelligence
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The MiCA regulation has set in motion a shift towards compliant stablecoins in the cryptocurrency market. With the implementation of MiCA on June 30, market makers are now favoring regulated stablecoins over non-compliant alternatives. According to a report by French blockchain analytics firm Kaiko, non-compliant stablecoins currently make up 88% of the total stablecoin volume.
Bitcoin (BTC) recently experienced a significant drop in price, hitting its lowest level since February 26. Despite this, Bitfinex analysts have identified on-chain signals that suggest the leading cryptocurrency may be poised for a recovery. This article will delve into the details of these on-chain indicators and their implications for the future price movement of
The Bitcoin price has seen a significant decrease of more than -22% since the mid-March high of over $73,000. While the current price of BTC is hovering around $57,000 after the recent crash, there is speculation that there could be further downside ahead if history repeats itself. Jacob Canfield, a trading mentor at Trading Mastery,
Binance, the world’s largest cryptocurrency exchange, has decided to delist four cryptocurrencies – BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). The decision to delist these assets is based on various factors such as poor trading volume, liquidity, level of public communication, and stability of the network from attacks. Support for all spot trading
Bitcoin’s recent price action has caused fear among investors in the crypto market, with concerns rising about the possibility of the bull market coming to an end. The daily timeframe shows a clear bearish trend, with lower highs and lows being formed since the price fell below $70K. Breaking below the key $60K level and
The cryptocurrency market is currently experiencing a significant decline on Monday morning, with major coins such as ETH and XRP seeing notable decreases. ETH, for example, is once again trading below $3K and is down by 4% for the day. XRP has also dropped by 5%, with bulls now fighting to defend the critical $0.4
Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), recently made allegations against cryptocurrency exchange Binance. According to Akinwumi’s testimony in a legal case brought by the Economic and Financial Crimes Commission (EFCC), Binance and its executive, Tigran Gambaryan, are being accused of conducting transactions that are typically reserved for authorized banks
Cardano (ADA) has witnessed a significant 3.4% price increase in the past 24 hours, marking a notable rally in its value. This uptrend comes amidst a broader recovery in the cryptocurrency market, with both Bitcoin and Ethereum also showing slight gains of 2.5% and 2.2%, respectively. Technical analysis on TradingView suggests that Cardano might be
PancakeSwap, a well-known multi-chain DEX, recently made an announcement about a community reward program set to run from July 5 to August 5. This program is aimed at distributing over 2.45 million zkSync (ZK) tokens to community members as a token of appreciation for their support of the zkSync PancakeSwap deployment since July 2023. The