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Virtual Assets Regulatory Authority (VARA) of Dubai has granted Binance FZE, the Dubai arm of the exchange, a license to provide exchange and broker-dealer services in the region. According to the company’s Monday announcement, Binance FZE will now be able to offer services to eligible institutional and retail investors, thanks
There are a number of causes behind Solana’s recent brief price surge. On July 7, Solana finally had its much-anticipated Proof-of-History fork, which included significant enhancements to the underlying network. Developers and investors now have more faith in Solana as a result of the successful fork. Solana’s DeFi activity is
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is about to complete its eighth year this week, on July 30. In these eight years, the cryptocurrency has achieved a significant milestone by becoming the leading altcoin in the crypto market, and Ethereum is the most active blockchain. The Ethereum (ETH)
Bitcoin, the largest cryptocurrency by market cap, is currently facing bearish momentum with a 3.69% decline. Despite hitting an all-time high of this year’s $31,474 in early July, it struggled to maintain its position amid high market volatility. Within two weeks, the price fell to $29,030. Crypto Commonly known as
In the last 24 hours, the cryptocurrency market has moved inside a narrow range. Also, the fear and greed measure is now at 51 out of 100, which is in the middle of the spectrum. On Thursday, bulls drove the price of Ethereum (ETH) closer to $1,900. Ever since the
FTX, the leading crypto exchange, is facing issues as its former CEO, Bankman-Fried has been accused of criminal charges. In the latest development, the bankrupt crypto firms FTX and Genesis have reached an agreement in principle. It would resolve the claims made by both firms in their ongoing lawsuits over
Ethereum (ETH), the second largest cryptocurrency, stabilizes within the $1,880 range, highlighting reduced price volatility. Meanwhile, next to Bitcoin, Ethereum was expected to cross $2K yet the uncertainty flows along. In the past 24 hours, the trading volume of Ethereum (ETH) recorded a surge of over 33.41% to reach $5,780,720,995.
Analysis of the daily chart implies that the XRP price may soon reach a turning point. On July 14, the XRP price began its ascent. Since the XRP price peaked at $0.854 on July 19, there has been an increase in profit-taking. The price could not continue the rally further
As illicit activities in the crypto sector have increased, South Korea on Wednesday formed an interagency investigative team. This is an effort to combat cryptocurrency-related crimes. The Prosecutor’s Office said in a statement that around 30 individuals from judicial, financial, tax, and customs departments would comprise the Joint Investigation Centre
In recent days, one topic has taken over the headlines in the crypto market. The upcoming Litecoin Halving has become the most anticipated event among the crypto community. Moreover, with the hype getting higher, Litecoin’s (LTC) price reached $110, marking a significant landmark on June 30. The most anticipated Litecoin
