Binance.US, the American arm of the world’s largest crypto exchange by trading volume, is leaving noted crypto lobbying group Blockchain Association after less than two years due to a difference in “values, goals and standards,” a source close to the company told CoinDesk. Source
Data shows the weekly average Bitcoin trading volume has stabilized around the same lows as July 2021 as market activity remains low. Bitcoin Trading Volume Has Stayed Low In Recent Weeks According to the latest weekly report from Arcane Research, the BTC trading volume has sunk down to July lows recently. The “trading volume” is an indicator that measures the total amount of Bitcoin being transacted on the chain in a day. When the value of this metric goes up, it means investors are moving a higher number of coins…
CryptoX – Cryptocurrency Analysis and News Portal The TON Foundation has raised over $1 billion in donations from users to advance its ecosystem. Source The post TON Users Donate $1B to Advance Ecosystem, Foundation Says appeared first on CryptoX. CryptoX Portal
BTC and altcoins remain stuck within a tight range, suggesting that the sideways trading could continue in the short-term. The U.S. dollar currency index (DXY) turned down sharply after rising above 101 on April 20 but this weakness in the dollar has not helped Bitcoin (BTC), possibly because the S&P 500 is struggling to build upon its strong rally on April 19. This indicates that Bitcoin remains tightly correlated with the U.S. equity markets. Irrespective of the lackluster price action, research projects several positives for Bitcoin this year. A report by…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join The Discord: HUGE CRYPTO CRASH! – What Is Going On? (MARKET UPDATE) Over the last month cryptocurrency has been on a downward spiral and people are declaring the bull market officially over. What does this crypto crash mean and how are we treating this crash for us personally. Over $1000000000 has evaporated from the market we look into it This video is to show you the risk that comes with crypto investing and how its not always sunshine and profits! Get…
Cryptocurrency individual retirement accounts (IRA) provider iTrustCapital revealed Wednesday that the total transaction volume on its platform had surpassed $5 billion, marking a 60% increase in nine months. As told by iTrustCapital, many of its users, ranging from millennials to working professionals to senior citizens, are trading cryptocurrencies for the first time. The firm only charges a 1% buy-sell fee on cryptocurrency transactions. There are no monthly fees, and investors only need to deposit $1,000 to open an account. Through the platform, users can trade over 25 cryptocurrencies 24 hours…
“Treasury is also taking action against companies in Russia’s virtual currency mining industry. By operating vast server farms that sell virtual currency mining capacity internationally, these companies help Russia monetize its natural resources. Russia has a comparative advantage in crypto mining due to energy resources and a cold climate. However, mining companies rely on imported computer equipment and fiat payments, which makes them vulnerable to sanctions,” a Treasury statement said. Source
Bitcoin (BTC) buyers have been active at support over the past few months, forming a series of higher price lows on the charts. That coincides with a loss of downside momentum, which is a near-term positive for price. Source
As stETH has grown into a hugely popular DeFi primitive, or building block, more users have flocked to Lido. Although Lido started to see competition soon after it launched, it has dominated competitors, such as Rocketpool and Stkr, and now controls nearly 90% of the fast-growing liquid staking market. Source
Bitcoin slows downs as it makes its way back from the high area of around $30,000. The top crypto by market cap still records profits over the past week (3%) but could re-test support at lower levels. Related Reading | Bitcoin Bounces Back Past $40,000, But May Struggle To Maintain Position At the time of writing, Bitcoin trades at $41,300 with sideways movement over the past day. The cryptocurrency continues to trade in a tight range but soon could see an increase in volatility. BTC moving sideways on the 4-hour chart.…