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South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
19.11.2023
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in...
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
Argentina’s Presidential Candidate Sergio Massa Suggests Using Blockchain for State Finance Oversight
18.11.2023
Presidential candidate and Economy Minister Sergio Massa has proposed to develop a system to allow citizens to control and monitor state finance using blockchain tech in Argentina. At a recent presidential campaign rally, he declared that Argentines “should be able to control state accounts...
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
Coin Center Criticizes Bank Secrecy Act, Demands Regulation
17.11.2023
Coin Center, the leading non-profit dedicated to research surrounding cryptocurrencies, calls the Bank Secrecy Act too “broad” for its own good, according to their most recent report. “Riddled with sweeping powers and expansive terms” Published earlier this month, the report (appropriately titled...
German MP Joana Cotar Advocates for Bitcoin to Be Recognized as Legal Tender in Germany
17.11.2023
Source: AdobeStock/takashi tamiya German Bundestag member Joana Cotar has expressed his support for recognizing Bitcoin (BTC) as a legal tender in the country. In a recent interview, Cotar shared her ambitions to bring Bitcoin into the mainstream of German finance and discussed her plans...
U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record
17.11.2023
Adobe Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows. According to a recent CoinGecko report, the amount spent on cryptocurrency lobbying was $20.19 million, a figure set to break last year’s $22 million mark as recent data does...
Is It Too Late to Buy Avalanche? AVAX Price Surges 70% as a New Telegram Casino Project Launch Approaches
17.11.2023
The AVAX price has dropped by 7% in the past day and by 2% in the last hour, as the cryptocurrency market loses some of its recent gains in a selloff today. Despite the decline, AVAX remains up by an impressive 70% in the past week and by 138% in a month, making it one […]
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Recent Altcoin Rally Powered by South Korean Traders, CryptoQuant Says
17.11.2023
Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone
Pyth Airdrop: Ethereum, Solana, and Aptos Set to Benefit from New Platform Launch – Here’s How to Check Eligibility
17.11.2023
Source: Adobe / Vladimir Kazakov DeFi oracle network Pyth has announced the launch of its airdrop campaign, which will distribute approximately 255 million PYTH tokens to its users and community members. In a recent post on X (formerly Twitter), the project said the airdrop is set to commence...
XRP Price Prediction as XRP Falls 20% From Recent Highs – Watch These Key Support Levels
16.11.2023
XRP (XRP) Chart / Source: TradingView After fake news that BlackRock was planning to set up an XRP (XRP) spot ETF earlier in the week sent the XRP price as high as $0.75, its highest level since July, the price has been under pressure, with XRP on Thursday falling back to the south of...
Tether Aims to Invest Half a Billion Dollar in Mining Ventures Over Next Six Months to Become a Top Miner
16.11.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin USDT, aims to invest half a billion dollars to become one of the world’s leading Bitcoin miners. Paolo Ardoino, the company’s incoming CEO, said in a recent interview that Tether plans to invest...
Web3 Visionary Alex Tapscott Discusses Blockchain’s Road to Mass Appeal – Here’s What You Need to Know
16.11.2023
Source: Adobe / Exotic Escape In a recent podcast interview, Web3 advocate and author Alex Tapscott shared insights into the future of blockchain and its journey towards mass adoption. A visionary who is known as the author of several blockchain, Tapscott discussed the technology’s potential...
CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase
16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...
Coinbase Ventures Invests More in Startups Outside the US, Especially in India, Singapore, Australia, and the UK
16.11.2023
Source: AdobeStock / photo_gonzo Coinbase Ventures has shifted focus to crypto startups outside the United States amid growing regulatory scrutiny in the country. Hoolie Tejwani, the director of corporate development and ventures at Coinbase, told Bloomberg in a recent interview that the company...
South Korean Traders Drive Recent Crypto Surge as Exchanges’ Market Share Jumps to 13%
16.11.2023
Source: Pixabay Traders in Asia, especially in South Korea, have emerged as key drivers behind the recent rally in crypto market over the past two months. Data compiled by CCData reveals a substantial increase in the market share of South Korean-based exchanges, reaching 12.9% in November compared...
Best Crypto to Buy Now November 15 – Celestia, PancakeSwap, THORChain
15.11.2023
TIA, CAKE, and RUNE are among the best crypto to buy now, while new presales like BTCMTX and TGC offer high risk/reward. Image by cryptonews.com. The TIA price hit yet another all-time high earlier today, as Celestia’s native token remains one of the best crypto to buy now. The recent 200%...
iPhone Sideloading Could Increase Crypto Phishing Attacks, Experts Warn
15.11.2023
Experts predict a rise in crypto phishing scams if Apple enables iPhone sideloading in the EU. Image by weerapat1003, Adobe Stock. According to a recent report by Computer World, Apple is planning to allow iPhone users in the EU to install apps from outside the official App Store to comply with...
Is It Too Late to Buy dYdX? ETHDYDX Price Gains 65% as Viral Meme Coin Attracts Global Investors – How to Buy?
15.11.2023
Growing DEX dYdX has undertaken an explosive +65% move amid surging $1.7bn trading volumes, but as DYDX price explodes is it too late to buy dYdX? The top ranked DEX by trading volume dYdX has seen explosive growth driven by its perpetual contracts offerings in recent weeks. With 24-hour volumes...
Futures Funding Rates Normalize After Crypto Surge Forced Traders to Pay High Fees to Maintain Long Positions
15.11.2023
Image Source: Pexels Funding rates on major token futures have started to return to normal levels after recent rally forced traders to pay unusually high fees to sustain their long positions. Amid the recent surge in crypto prices, open interest in futures skyrocketed to over $35 billion, according...