The world’s most reliable source of cryptocurrency statistics, insights, and community, CoinMarketCap, has announced the first CMC Crypto Awards, which will take place online between February 21 and March 6. This yearly event will pay tribute to the outstanding individuals, products, and initiatives that have shaped Web3 and crypto, highlighting CoinMarketCap’s
February 21, 2024 1 min read
The total market cap of cryptocurrencies skyrocketed to a staggering $2 trillion last week as Bitcoin climbed beyond $52,000, a level not seen since December 2021. Following Bitcoin’s lead, several altcoins have also seen their value rise recently. Recent times have witnessed a transformative era, where the fusion of artificial
February 21, 2024 2 mins read
The firm behind the XRP token, Ripple, has collaborated with the Commercial International Bank (CIB) of Egypt. This is a major achievement for the corporation as it has strengthened its position in the Egyptian market. This follows Ripple’s announcement that it would strengthen its presence outside of the United States,
February 20, 2024 1 min read
Within the next half-year, lawmakers in the UK want to enact new regulations on cryptocurrency staking and stablecoins. The government is striving aggressively to adopt the new law before this year’s general election, according to Bloomberg, which Economic Secretary to the Treasury Bim Afolami said at a Coinbase-hosted crypto event
February 20, 2024 2 mins read
Even if many think there’s space for further outflow, crypto asset manager Grayscale has seen a decrease in outflows from its spot Bitcoin ETF. Research from Bianco Research and Farside shows that as of February 16th, the total amount of money that has been pulled out of the Grayscale Bitcoin
February 19, 2024 1 min read
In order to settle U.S SEC accusations related to the 2021 launch of an exchange-traded fund (ETF) centered on social media, VanEck agreed to pay a fine of $1.75 million. A civil penalty was levied on the investment advisor by the SEC. In a statement issued on February 16th, the
February 18, 2024 2 mins read
Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced to be ending in December by the exchange, who said it had failed to have a lasting effect. Coinbase did not disclose how
February 18, 2024 2 mins read
Despite the volatility in the cryptocurrency market, Bybit, which has over 20 million users and is among the top three exchanges globally in terms of volume, has grown remarkably in 2023. According to recent statistics from Kaiko, Bybit outperformed the other leading exchanges in terms of growth in spot market share,
February 15, 2024 1 min read
A collaboration between Layer 3 blockchain Orbs and OTC derivatives platform SYMMIO has been established. The collaboration will facilitate the growth of onchain derivatives trading, which leverages deep liquidity and improved capital efficiency. For its blockchain- and DEX-agnostic Liquidity Hub, which operates on top of AMMs and solves the issue
February 15, 2024 2 mins read
Valentine’s Day, a day to celebrate relationships and love, is here. Romance is in the air, but con artists who prey on your money instead of your heart are never too far away. Finding our soul mate has become a whole new experience thanks to the internet age. To start
February 14, 2024 11 mins read
