Tag: Exchange

AI Altcoin Jumps As South Korea’s Largest Crypto Exchange Announces Trading Support

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One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange…

Tether freezes $27M USDT on sanctioned Russian exchange Garantex

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Stablecoin operator Tether has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, forcing the platform to halt operations. “Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles [$27 million],” Garantex wrote on its official announcement channel on Telegram on March 6. The exchange said it has temporarily suspended all services, including withdrawals, with its website currently under maintenance. The news comes shortly after the European Union sanctioned Garantex as part of the 16th package of…

Ethereum Flashing Bullish Signals, But Rising Exchange Reserves Raise Concerns

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Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing multiple bullish signals that suggest a potential upside move. However, rising exchange reserves are tempering this optimism. Has Ethereum Formed A Local Bottom? Ethereum has dropped nearly 20% over the past two weeks, falling from approximately $2,805 on February 23 to just above $2,200 at the time of writing. This decline has wiped out $80 billion from ETH’s market cap. Related Reading Despite this sharp pullback, crypto analysts are pointing to several bullish…

Bitcoin’s Exchange Flows Indicate Changing Investor Behavior—What’s Next?

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Bitcoin’s price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surged above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading just below $93,000, signaling an unstable upward momentum in the crypto market. Amid this price movement, a recent analysis by CryptoQuant analyst KriptoBaykusV2 highlights an evolving pattern in Bitcoin’s net exchange flow, offering insight into…

SEC Dismisses Kraken Lawsuit as Exchange Resumes On-Chain Staking for US Users

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are…

SEC Dismisses Legal Case Against Kraken, Exchange Confirms 

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The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in the […] Source

SEC Closes Investigation Into Crypto Exchange Gemini Without Recommending Enforcement Action: Cameron Winklevoss

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Gemini co-founder Cameron Winklevoss says that federal securities regulators have ended their probe into the US-based crypto exchange. According to Winklevoss, the U.S. Securities and Exchange Commission (SEC) has informed Gemini lawyer Jack Baughman that it has concluded its investigation and will not pursue an enforcement action against the platform. The SEC has already dropped its case against the crypto exchange Coinbase and is shutting down investigations into the non-fungible token (NFT) marketplace OpenSea, the retail trading app Robinhood and the decentralized cryptocurrency exchange (DEX) UniSwap. Winklevoss says these developments mark a milestone…

Chicago Mercantile Exchange Group to launch Solana futures on March 17

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The Chicago Mercantile Exchange (CME) Group, a globally recognized derivatives exchange, announced it will launch Solana (SOL) futures contracts on March 17, pending a review by United States financial regulators. According to the Feb. 28 announcement, market participants will have access to micro contracts of 25 SOL or standard contract sizes of 500 SOL, and all contracts will be cash-settled. CME Group already provides futures and options contracts for Bitcoin (BTC) and Ether (ETH) to investors looking to hedge against the highly volatile nature of these digital assets. The addition…