Coinbase, one of the top cryptocurrency exchanges globally, is making significant strides in advancing its offerings in Europe, particularly in light of the European Union’s evolving cryptocurrency regulations. As part of this expansion, Coinbase is introducing conversions between the fiat euro and the euro-pegged stablecoin EURC, set at a fixed
WazirX, a leading cryptocurrency exchange, recently cancelled all open orders on its platform. The exchange took this step to address ongoing issues related to Indian Rupee (INR) and cryptocurrency balances. This decision has sparked concern among users who had active trades on the platform. The problem stems from discrepancies between
In a recent Bloomberg News roundtable at the Democratic National Convention (DNC) on Wednesday, Kamala Harris, the Vice President of America showed a green flag for crypto. She is said to back measures to help grow the crypto community. Brian Nelson, Senior campaign advisor for policy to the campaign stated:
In the volatile nature of the cryptocurrency market, an anonymous trader has turned a modest $1,000 investment into a jaw-dropping $750,000 by trading the SunWukong memecoin. The trader’s holdings in SunWukong surged to this impressive peak, yet he has not sold a single token, leaving the crypto community speculating about
Solana investors are concerned as they face an impending unlock of $340 million worth of SOL tokens. With that many new tokens entering circulation, investors are concerned about increased selling pressure on Solana, which could drive the price down in an already volatile market. Meanwhile, the new ETFSwap (ETFS) presale
Polygon’s native token, MATIC, has experienced a robust 27% surge over the past week, hitting a one-month high of $0.5399. This marks a sharp recovery from its recent low of $0.3342, where MATIC had been entrenched in a bearish trend for over a month. The rally coincides with anticipation surrounding
Despite the market correction, Fantom (FTM) appeared as a standout performer, topping the gainers list with a 16% rally over the past 24 hours. Whereas, the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have spiked moderately, not to extend losses. The token opened the day at $0.4473 and eventually led
Bitcoin (BTC) has displayed a surge of approximately 5% within the past 24 hours, climbing from a low of $58,893 to a high of $61,834. This rise follows a period of consolidation, with Bitcoin briefly nearing the $62,000 zone before experiencing a slight dip. At the time of writing, Bitcoin
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, will hire 1K new employees this year. Binance is significantly focusing on expanding its compliance team. This hiring spree comes as the company’s spending on regulatory compliance exceeds $200 million annually. Richard Teng, the CEO of Binance, shared these plans during an
Binance, one of the leading crypto exchanges, is currently being scrutinized internationally by regulators. However, the institution is not alone in its struggle as other leading firms such as Coinbase and Ripple have also faced challenges on the regulations front. Meanwhile, the crypto exchange despite the struggles has reported several
