Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Day: August 17, 2024
Cardano Sees Massive 150% Volume Surge, Yet ADA Price Stalls With 4% Decline
The crypto market has witnessed a substantial surge in the Cardano trading volume over the last 24 hours. Yet, the blockchain’s native token, ADA, has failed to deliver a proportional price increase. Bullish Cardano Volume Data According to data from the information platform CoinGlass, Cardano, currently the 11th largest cryptocurrency by market capitalization, has experienced a 150% surge in trading volume in the 24 hours, amounting to approximately $477 million. Related Reading CoinGecko’s data also corroborates this trend, revealing a substantial 67% increase in Cardano’s trading volume compared to the…
Dubai Court Recognizes Cryptocurrency for Salary Payments
In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital currencies. The 2024 ruling, case number 1739 of 2024, contrasts with a 2023 decision where a similar claim was rejected […] Source
Donald Trump announces pro-crypto transition team
More crypto parallels between a potential Donald Trump and Kamala Harris administration emerged after assessing their advisors. Republican presidential candidate Donald Trump named several pro-crypto figures to his transition team ahead of a possible second White House term. While it’s procedural to name key staff members ahead of an election, Trump’s pro-crypto team may have bolstered his appeal to the community. Trump announced that Cantor Fitzgerald CEO Howard Lutnick and America First Policy Institute chair Linda McMahon would be team co-chairs. Lutnick is a public Bitcoin supporter and spoke at…
Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…