Binance, the largest cryptocurrency exchange by volume, has seen a significant shift in its stablecoin offerings, with TrueUSD (TUSD) gaining market sThe ProShares Bitcoin ETF (BITO) has reached a major milestone, surpassing $1 billion in assets under management just days after its debut on the CboeThe recent de-pegging of TUSD, a stablecoin pegged to the US dollar, has sparked concerns among investors. According to a spokesperson for Techteryx,The recent liquidations on the Mt. Gox exchange have resulted in significant losses for bitcoin traders, with over $36 million in losses reported. TheEthereum's price has retraced to $200, falling from its recent high of $380, as the hype around DeFi (Decentralized Finance) subsides. This comes as t
In a move to curb the growing electricity costs associated with cryptocurrency mining, the South Korean government has banned the practice in the counThe resurgence of Bitcoin Ordinals has led to a significant increase in fees, with the average fee reaching $6.84 per transaction. This marks a 1,000%
Riot Blockchain, a publicly-traded company focused on bitcoin mining and blockchain technology, has announced plans to expand its mining operations inThe cryptocurrency market is on fire, with Bitcoin (BTC) surging to $70,000 and Ethereum (ETH) reaching new highs. The rally is being driven by strongMovii, a fintech company focused on providing bitcoin and ETF services, has raised $15 million in Series B funding. The round was co-led by Hits and M
Ripple's XRP token has seen significant growth in the first quarter of 2023, with a total on-demand liquidity of $336 million and a net inflow of $226Ethereum (ETH) has emerged as the top performer in the cryptocurrency market, with a 35% gain in the past 24 hours. The rally has erased previous loss
MicroStrategy (MSTR) shares surged 11% in after-hours trading on Tuesday as the company reported a significant increase in its bitcoin holdings and aLarge investors, known as "whales," have been taking advantage of the recent price drop in Ethereum (ETH) to accumulate more assets. According to dataThe crypto winter continues to affect Nvidia's mining profits, with the company's stock price plummeting by over 20% in the past week. The decline is
The cryptocurrency market experienced a rollercoaster ride this week, with investors reassessing their risk appetite and causing prices to fluctuate wCryptocurrency markets remained steady on Wednesday, despite uncertainty over the Federal Reserve's (Fed) rate hike plans. The Fed's Federal Open MarkWazirX, a decentralized finance (DeFi) platform based on automated market making (AMM), has seen a staggering increase in popularity in India, with tr
Binance, the world's largest cryptocurrency exchange by trading volume, has destroyed $474 million in BNB tokens in its quarterly auto-burn event, redBinance, one of the world's largest cryptocurrency exchanges, has been accused of soliciting fraudulent investments in Texas. The Texas State SecuritiThe legal team of Sam Bankman-Fried, the former CEO of FTX, has accused prosecutors of misleading the court in a recent filing. The accusation comes a
MicroStrategy, a publicly traded company, has acquired bitcoin and ether as part of its plan to create a cryptocurrency exchange-traded fund (ETF). ThFTX's recent deal with Voyager has sparked controversy and raised concerns about hypocrisy, as some critics argue that the deal undermines the companyEthereum (ETH) surged by 4.7% in the last 24 hours, leading the gains among major cryptocurrencies. Bitcoin (BTC) remained range-bound, trading around