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Search Results for: Binance

Shibarium Release Fuels A Green Spot Trio in the Crypto Market

Shiba Inu and the highly anticipated Layer-2 Shibarium network have become the center of attention in the cryptocurrency space, with discussions abuzz among industry participants. Shiba Inu’s development team is actively preparing for the introduction of Shibarium, and the tokens like SHIB, BONE, and LEASH from the Shiba Inu ecosystem

July 8, 2023 3 mins read

Arbitrum (ARB) Locks $770M Worth of Tokens, What Comes Next?

The cryptocurrency sphere is experiencing a rapid evolution characterized by ongoing developments and transformative innovations. Arbitrum (ARB), as a layer-2 solution, has emerged as a major player in the ever-changing cryptocurrency landscape. With a current trading price of $1.13, ARB has garnered considerable attention from investors worldwide. As a layer

July 8, 2023 2 mins read

Ripple vs SEC New Update: XRP Holders at Risk?

The Ripple vs SEC legal battle has captured the attention of cryptocurrency enthusiasts worldwide. Also, a pro-XRP lawyer John Deaton recently made some remarks about the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). The XRP lawyer said the outcome of this case could have

July 7, 2023 2 mins read

Multichain Pauses Operations Post $122M Fantom Bridge Outflow

It seems that a multi-million dollar exploit was perpetrated on the Multichain bridge on Thursday, July 6. A statement from the Multichain protocol said that they will be temporarily pausing their operations. According to estimates, multi-chain assets on the cross-chain protocol Multichain worth a total of over $125 million outflowed

July 7, 2023 1 min read

United Kingdom Law Commission Urges Clarity on Crypto Lending

There has to be more clarity about crypto lending, according to the lawyer directing the United Kingdom’s Law Commission’s review of the application of British laws toward digital currencies. In an interview, Laura Burgoyne elaborated on those four key suggestions to the British government. The country’s legislative structures and their

July 6, 2023 2 mins read

Bitcoin (BTC) Makes New Yearly High of $31.5K. What’s Next?

Bitcoin, the leading cryptocurrency, achieved a trading rate of $31,500 on July 6th, marking a 13-month high and demonstrating a rapid 2 percent increase within a single hour. Analyzing the trading movements in the crypto market, Bitcoin’s RSI (Relative Strength Index) is currently above 64.26, suggesting that BTC is approaching

July 6, 2023 1 min read

Verge (XVG) Added to the Investors WatchList, Here’s Why?

Binance, one of the leading cryptocurrency exchanges, recently announced the addition of Verge (XVG) as a new borrowable asset on their Isolated Margin platform. This development comes at a time when Verge has experienced significant price fluctuations, reaching an all-time high of $0.0076 earlier this year. However, the coin has

July 6, 2023 2 mins read

Shiba Inu Burn Rate Drops by -79.44% Over Past 7 Days

Recent analysis of the Shiba Inu network has revealed a significant downturn in the rate of token burning, even during a relatively calm weekend trading period. The burn rate of SHIB has witnessed a considerable drop, dropping by over -79.%. Token burning involves deliberately removing tokens from circulation, thereby reducing

July 5, 2023 1 min read

Denmark Regulators Force Saxo Bank To Sell Crypto Asset Holdings

Denmark’s financial watchdogs are cracking down on cryptocurrency exchanges and payment processors. This is after they banned local banks from holding cryptocurrencies to protect themselves from trading risks. Saxo Bank, a Danish financial firm, was formally forced to sell its crypto assets by the Danish Financial Supervisory Authority (DFSA) on

July 5, 2023 2 mins read

CoinDCX CEO Sparks Controversy with Strong Opposition to P2P, Citing High Risks

Sumit Gupta, CEO of the Indian crypto exchange CoinDCX, expressed strong opinions about the risks associated with P2P trading. He stated that peer-to-peer (P2P) should be avoided because it is not at all worth the risk. Gupta’s notable tweet has sparked a heated debate within the crypto community, raising important

July 5, 2023 2 mins read