Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH). Source
The U.S. exchange’s customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then converting it into crypto tokens. Source
The U.S. exchange’s customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then converting it into crypto tokens. Source Binance.USBitcoinBloombergCryptocryptoexchangeExchangesMoonPayOffersPaymentsSolutionSuspension CryptoX Portal
Avalanche (AVAX) is gearing up for a significant unlock event that has sparked speculation among investors. The past month has witnessed a prevailing bearish sentiment, with volume indicators suggesting that the buying pressure might not be robust enough to counter the crypto’s prevailing losses. Despite this recent decline, all eyes are on the impending unlock event, pondering the potential impact it might have on AVAX’s price trajectory. Scheduled to occur later this week, the unlock event is based on data sourced from Token Unlocks. This data indicates that an impressive…
Discussions around shortening local financial settlement cycles within the next five years have most securities firms eyeing central bank digital currencies (CBDCs). Banking giant Citi’s latest edition of its Securities Services Evolution white paper highlighted India’s recent move to T+1 settlements, which ensures all trade-related settlements conclude within 24 hours of a transaction. As the United States, Canada and other leading economies step up efforts to transition to T+1 settlement cycles, the Citi survey gauges the importance of distributed ledger technology (DLT), CBDCs and stablecoins in expediting this transition. Global economies transitioning…
Moscow Exchange (MOEX) has released its financial results for the second quarter of 2023, reporting RUB 1.6 billion in fees and commission income from the foreign exchange (forex) market. The figure jumped by 10 percent quarter-over-quarter and 39.8 percent year-over-year. Don’t miss London’s premier financial event! 3,500+ attendees, 150+ speakers, and 120+ exhibitors await you for unmatched networking, expert insights, and cutting-edge innovations. Register now! The income from the FX market was generated as the trading volume in the FX market reached RUB 66.7 billion, an increase of 9.5 percent…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jacobi Asset Management’s recent introduction of a Bitcoin (BTC) Spot ETF on Euronext could bridge the gap between traditional finance and crypto, potentially unleashing a new era of investment possibilities. Amidst this development, InQubeta is fast rising. The artificial intelligence (AI)-centric altcoin appears to be capturing the imagination of tech enthusiasts and investors alike. The convergence of AI and non-fungible tokens (NFTs) can also open new avenues for innovation. This article explores InQubeta’s growth potential while shedding light…
CryptoX – Cryptocurrency Analysis and News Portal The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening. Source The post Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor appeared first on CryptoX. CryptoX Portal
As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable state following last Thursday’s price crash. Currently, the Fear and Greed Index for Bitcoin sits at 37, which is indicative of strong fear permeating the market. Typically, such a low level on this index suggests that market participants are apprehensive about the near-term future, often leading to…
Bitcoin (BTC) network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind. Bitcoin mining difficulty ends slump Despite BTC/USD dropping 10% last week, Bitcoin miners appear to be taking the price downturn in their stride. This was cemented in network activity on Aug. 22, as difficulty increased by 6.17% at its latest biweekly automated readjustment. Not only was this enough to take difficulty to new record highs, but…