Tag: Top

Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets – Markets and Prices Bitcoin News

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The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the $2 Trillion Mark Digital currency values have increased a great deal during the last week which has, in turn, pushed the overall value of the entire crypto-economy northbound. This means more than $500 billion returned to the crypto economy after the…

US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

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Martin J. Gruenberg, the acting chairman of the Federal Deposit Insurance Corporation, or FDIC, named “crypto-assets” among the agency’s key priorities in 2022, alongside addressing financial risks associated with climate change and promoting amendments to major federal statutes relevant to FDIC’s jurisdiction. A Feb. 7 statement outlines five key areas that the agency deems most important for its mission of maintaining public confidence in the U.S. financial system. Number four on the list is evaluating “crypto-asset risks.” Acknowledging the rapid pace with which digital asset-based products are becoming part of…

Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO

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BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO. Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko. A new financial disclosure by Senator Ted Cruz shows that he bought the recent dip in Bitcoin on Jan. 25 through River brokerage. On that day, Bitcoin traded roughly between…

Top Crypto Exchange Coinbase Rolls Out Full Retail Support for Three Low-Cap Altcoins

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Top US crypto exchange Coinbase is launching full retail support for a trio of low-cap altcoins. Aventus (AVT), Render Token (RNDR) and Quantstamp (QSP) are now live on Coinbase.com and the exchange’s mobile apps, according to a new tweet from the company. Coinbase Pro listed the three assets earlier this week. Quantstamp is a security-auditing protocol for smart contracts, offering a bug bounty system and automated software testing. The project’s native token, QSP is trading at $0.07 at time of writing and is up nearly 88% in the past week.…

Top Canadian Trading App Finally Embraces Crypto Fully

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In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other coin options to trade. Of course, Wealthsimple isn’t the first financial services company to embrace crypto, signaling that digital currencies are becoming more and more mainstream. WealthSimple CEO Mike Katchen urged Canadian policymakers to “plant a flag” in the crypto world. The tides are already turning in regards to regulation, with BitBuy recently becoming Canada’s first regulated crypto…

OpenSea monthly volumes top $5B as NFTs continue to mainstream

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In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX, and Mutant Ape Yacht Club have seen significant increases in floor prices and total sales volume. Over the last 7 days alone, all four projects have generated an estimated $365.9 million in value according to data from OpenSea.  While the crypto market is steadily recovering from its lengthy bloodbath, NFT marketplaces like LooksRare and OpenSea have consistently generated about $100 million in daily total volume. LooksRare vs. OpenSea daily volume. Source: Dune Analytics It seems that crypto Twitter is…

6 Top Cryptocurrencies You Can Stake: An In-Depth Guide

Despite the crypto market’s wild volatility, holding cryptocurrency long term has proven to be an effective trading strategy when it comes to making a return on investment. According to Lookintobitcoin data, holding bitcoin has been profitable for 3,875 of its 4,182-day lifespan (92%) – hard to believe, but true. While some capitalize on market volatility by actively trading crypto, many are simply looking for a more hands-off way to grow their portfolio. Among the options available, staking assets is considered one of the top ways to earn passive income for…

Top secret Julian Assange and Pak NFT collaboration is wikileaked

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A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week. Assange has been confined in a London prison since April 2019 after his asylum status in the Ecuadorian embassy of London was terminated. The following month he was indicted on 17 counts of espionage in the Eastern District Court of Virginia relating to classified documents he published on Wikileaks. His legal team is currently fighting an extradition case which could see him face the charges in the United States…

Crypto payment card ‘top priority’ for Binance Ukraine in 2022

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Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine. Binance is looking to reach a dominant position in the crypto market of Ukraine by offering a wide range of local crypto services, Binance Ukraine’s new general manager Kirill Khomyakov said in a Monday interview with Forbes Ukraine. “Binance card is not yet available for Ukrainian users, but we are actively working on its launch. This is one of our top priorities for 2022,” Khomyakov told Cointelegraph. Apart…

Ethereum Whale Splurges $637,000,000 on One Crypto Exchange Token, Making It Top Traded Coin Among ETH Investors

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A large Ethereum (ETH) whale has spent over half a billion dollars to load up on the native asset of a crypto derivatives exchange. New data from whale-surveilling platform WhaleStats shows that the 105th-ranked Ethereum whale purchased 15,720,427 FTX Tokens (FTT) worth $637.14 million in a single transaction. 🐳🐳🐳🐳🐳🐳🐳🐳🐳🐳 An ETH whale just bought 15,720,427 #ftx token ($637,148,906 USD). Ranked #105 on WhaleStats: https://t.co/2do7yJzgy7 Transaction: https://t.co/JVi0s5JWod#FTX Token #ERC20 #DEFI #ETH #whalestats — WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022 FTX Token is the utility token of…