Tag: Exchange

Crypto Exchange Binance Announces Support for New ‘Decentralized Science’ Altcoin Project

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Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a “decentralized science” project. Binance Launchpool, which lets users stake coins to farm new assets, says its 63rd project will be BIO Protocol (BIO), a decentralized platform aiming to advance biotechnology through collective funding and the tokenization of biotech projects. Says the project, “BIO is a curation and liquidity protocol for decentralized science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the…

XRP Historic Moment Coming In 2025? This Crypto Exchange Believes So

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In the cryptocurrency space, XRP is gaining much attention, and many people are making predictions regarding its prospects for 2025. Bitstamp, a cryptocurrency exchange, excites investors with its promising future. The XRP Army, a dedicated group of aficionados, is feeling hopeful after Bitstamp declared that the altcoin will “make history” next year. A Year Of Development And Transformation For XRP, 2024 has been a great year. The digital asset has gained more than 250% since the March 2020 low of $0.1151 up to a current high of $2.30. The impressive…

Over $225,000,000 in Crypto Distributed To Hack Victims of Collapsed Exchange Cryptopia After Years of Waiting

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Hundreds of millions of dollars worth of crypto assets are being distributed to hack victims of the defunct crypto exchange Cryptopia. Investors who had accounts with Cryptopia – a New Zealand-based crypto firm that collapsed in May 2019 – will collectively receive $225 million worth of digital assets, according to a new press release by accounting firm Grant Thornton. “The liquidators of Cryptopia are pleased to announce a significant milestone in the ongoing liquidation process. Over the past two days, more than 10,000 verified account holders of Bitcoin and Dogecoin…

5 Privacy Coins Face Delisting on Gate.io Exchange

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Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] Source

Pepperstone’s CEO Warns of CFD Crypto Exchange Threat

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Pepperstone is witnessing a significant increase in cryptocurrency trading among new clients, while its CEO expresses concerns about competition from crypto exchanges entering the CFD space. Tamas Szabo shared his insights on the evolving dynamics of the financial services sector during an interview with Jonathan Fine at the Finance Magnates London Summit 2024 (FMLS:24). Cryptocurrencies on the Rise Szabo expressed astonishment at the limited crypto adoption by brokers, as evidenced during a panel discussion on market structure. “One of the panelists asked the audience how many were involved in crypto,…

Bitcoin Exchange Transactions Hit Record Lows—What This Means For BTC’s Price

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Este artículo también está disponible en español. Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin’s price dropped sharply below $99,000. However, the leading crypto quickly rebounded, climbing back to $104,000 earlier today before settling at $100,573 at the time of writing. This represents a 3.4% decrease over the past day and a roughly $67 billion reduction in its market cap valuation.…

Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?

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Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it comes amid major moves behind the scenes. Particularly, recent data indicates that Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a “supply shock” that has coincided with a surge in Bitcoin’s price. This reduction in exchange reserves, coupled with strong demand, has created a bullish environment that could set the stage for further price increases. A…

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.…

800 Million XRP Moves Off Exchange: Bull Run Ahead?

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Recently, a significant movement of 800 million XRP tokens from exchanges has caught the attention of the cryptocurrency community. This large-scale transfer could have substantial implications for XRP’s market dynamics. The move, facilitated by the NBTC, has sparked discussions about the potential for a bullish trend soon. Overview Of The XRP Movement The transfer of 800 million XRP tokens occurred over a short period, raising eyebrows among analysts and investors. The XRP was moved from several major exchanges to unknown wallets, suggesting a strategy to hold the tokens rather than…

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…