Tag: Exchange

Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support

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Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30 days. With a market cap of $424.4 million, PONKE is the 198th largest crypto project. PONKE also recently gained spot…

WhiteBIT Exchange Celebrates 6 Years of Innovation and Partnerships in the Crypto Industry

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WhiteBIT crypto exchange is celebrating six years of rapid growth, solidifying its position among the leaders in the European crypto market. From its beginnings as an ambitious startup in 2018, the company has evolved into a key market player with 5.5 million users thanks to innovative solutions, a rapidly expanding ecosystem, a strong focus on security, and continuous enhancements to the user experience. 6 Key Achievements 1. WhiteBIT Surpasses 5.5 million Users, Strengthening Its Leadership in Europe Ahead of its sixth anniversary, WhiteBIT crypto exchange has reached a milestone of…

President Trump’s Media Company Reportedly Targets Bold All-Share Takeover of Crypto Exchange

President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation at approximately $6 billion, the company is leveraging its market position to expand beyond […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline

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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…

Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin

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Este artículo también está disponible en español. Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum price consolidates below $3,200. Related Reading Notably, the last time Ethereum had outflows of this magnitude was in May 2023. The massive exodus of ETH from exchanges could…

Bitcoin Exchange Reserves Hit 5-Year Low—What Does This Signal?

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The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite an interesting trend for Bitcoin. Bitcoin Reserves On Exchanges Reach Five-Year Low According to the analyst, Bitcoin reserves on exchanges have diminished significantly throughout 2024, reflecting a shift towards long-term holding strategies among market participants.…