Category: Exchanges

World’s Largest Crypto Exchange Rolls Out ‘Binance Alpha’ Feature to Spot Early-Stage Projects With Potential

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Binance, the largest crypto exchange in the world by volume, is launching a new wallet feature aimed at shining a spotlight on nascent crypto projects. According to a new Binance announcement, Binance Alpha is “a new platform within the Binance Wallet that shines a spotlight on early-stage crypto projects with the potential to grow within the Web3 ecosystem.” The press release says the platform is committed to enhancing transparency in Binance’s token listing process by prioritizing projects that showcase strong community engagement, substantial traction, and alignment with key crypto trends.…

Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges

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This Crypto Exchange Token Jumps 120% in December

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FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with…

Ripple’s Stablecoin Is Here: RLUSD Goes Live on These Exchanges

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Ripple’s groundbreaking RLUSD stablecoin launches on Tuesday, set to transform global payments with instant settlements, defi integration, and unrivaled regulatory compliance. Ripple Launches RLUSD Stablecoin: The Revolution in Global Payments Begins Ripple is gearing up for the global debut of Ripple USD (RLUSD), an enterprise-grade stablecoin launching on Dec. 17. Designed for trust, utility, and […] Source

Investors Withdraw Nearly $4,000,000,000 Worth of Bitcoin From Crypto Exchanges Over Past Week, Says Analyst

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A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a steady downtrend in the overall balance of BTC on crypto exchanges. “Another 40,000 BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion!” Source: Ali Martinez/X However, Martinez also says that Bitcoin…

Cryptocurrency Market to grow by USD 34.5 Billion (2024-2028), driven by rising investments in digital assets, Report on AI’s impact on market trends – Technavio

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NEW YORK, Dec. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.64% during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bitcoinforme S.L., Bitfury Group Ltd., CEX.IO Ltd, Coinbase Global…

Ukraine Primed To Legalize Cryptocurrency in the First Quarter of 2025: Report

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Ukrainian legislators are reportedly likely to approve a proposed law that will legalize cryptocurrency in the country. Citing a statement from Danylo Hetmantsev, chairman of the unicameral parliament Verkhovna Rada’s Financial, Tax and Customs Policy Committee, the Ukrainian online newspaper Epravda reports there is a high probability that Ukraine will legalize cryptocurrency in the first quarter of 2025. Says Hetmantsev, “If we talk about cryptocurrency, the working group is completing the preparation of the relevant bill for the first reading. I think that the text together with the National Bank…

Crypto Exchange Coinbase Adds Support for Gigachad (GIGA) and Two Additional Altcoins

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Top US crypto exchange Coinbase has added support for three additional digital assets, including memecoin Gigachad (GIGA). Solana (SOL)-based GIGA, a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, is up more than 39% from its $0.04911 low on Tuesday, the day it was listed on Coinbase. GIGA is trading for $0.06844 at time of writing. With a market cap of $657.9 million, Gigachad is the 183rd largest crypto project. Coinbase also added support for Magic Eden (ME) on the Solana network, a utility token for…

Backpack Exchange and Wallet To Integrate Sui

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December 11, 2024 – Grand Cayman, Cayman Islands Backpack integrates Sui, delivering unmatched speed and scalability to a global audience. Backpack, a leading exchange and wallet known for its seamless user experience and versatility across multiple asset classes, will integrate with Sui, the layer-one blockchain delivering unparalleled scalability and speed. Backpack Exchange currently serves users from more than 150 countries with $60 billion trading volume since launch a year ago. This partnership between Sui and the Backpack team will create a multitude of integration and listing opportunities for projects on…

FBS Explores the Rise of Altcoins in 2024 Cryptocurrency Markets

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FBS, a leading global broker, highlights the resurgence of alt-season, a phase in the cryptocurrency market characterized by the growing prominence of altcoins. The 2024 alt-season reflects evolving trends in blockchain innovation, with projects like Fetch.ai integrating AI into decentralized applications and Layer 2 solutions like Arbitrum enhancing scalability. Additionally, meme coins such as Dogecoin continue with community engagement, further diversifying the market landscape. FBS analysts attribute this alt-season to technological advancements, regulatory clarity, and the anticipation of Bitcoin ETFs, which are broadening the appeal of cryptocurrencies. Altcoins aim not…