Binance, the world’s largest cryptocurrency exchange, has helped India’s Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on Wednesday. Source
Day: September 25, 2024
GMX price stalls as crypto perpetual futures volume retreats
GMX token remained flat on Tuesday, Sept. 24, as most cryptocurrencies continued consolidating and volume in its ecosystem retreated. GMX (GMX) was trading at $25.2, slightly above this month’s low of $21.55. It has risen by over 44% from its lowest level this year, bringing its market cap to over $244 million. GMX, one of the leading players in the on-chain perpetual futures industry, has seen its volume decline in recent weeks. Data from DeFi Llama shows that the exchange handled over $144 million in the last 24 hours and…
Bitcoin Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?
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…
Cardano (ADA) Jumps 10%: Is a $0.50 Retest on the Horizon?
Cardano price started a decent increase above the $0.3620 resistance. ADA is now showing positive signs and might rise further toward $0.420. ADA price started a recovery wave from the $0.3420 level. The price is trading above $0.380 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.3810 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move up if it remains stable above the $0.3800 support zone. Cardano Price Starts Steady Increase After…
BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
Stand With Crypto Group Downgrades Harris’ Rating to ‘NA’ From ‘B’
In contrast, the Republican campaign has a specific crypto policy, which says it will “end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency”. Also, it promises to “defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets.” Source
AI and on-chain chat for smart web3 interaction
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Coin98 Super Wallet V15 combines AI-powered assistance and on-chain chat features to offer users a seamless and secure web3 interaction experience, making it a top contender in the crypto wallet space. Crypto wallets are a dime a dozen with new projects cropping up every few months. There are several to choose from, and crypto enthusiasts are often left wondering which ones are best for their personal needs. With different…
Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?
Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The latest data from crypto ETF tracker SoSoValue shows that ETH ETFs witnessed a daily total net outflow of $79.2 million on September 23. Upon closer inspection, it appears that the bulk of the outflows originated…
Ethereum Price Poised for a Comeback: Can It Break $2,700?
Este artículo también está disponible en español. Ethereum price is holding gains above the $2,650 resistance. ETH is now consolidating gains and might aim for more gains above $2,700. Ethereum is aiming for more upsides above the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,600 support to continue higher in the near term. Ethereum Price Eyes…
Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange Binance announced […] Source CryptoX Portal