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Top Exchange Is Under Investigation; Possing Next Challenge for Crypto Market?

The U.S. Justice Department’s national security division is investigating Binance Holdings to determine whether the cryptocurrency exchange was illegally utilized to allow Russians to move funds through it in violation of US sanctions related to Russia’s invasion of Ukraine, as per the Bloomberg report. This is not the first time

May 6, 2023 1 min read

PEPE Memecoin Moves to Top 50 Ranking in CoinMarketCap

PEPE, the meme-inspired cryptocurrency, has been showing significant growth in recent days. The memecoin witnessed a massive surge after getting listed on the world’s largest crypto exchange, Binance. The memecoin has moved into the top 50 cryptocurrencies listed on CoinMarketCap.  In recent days, the memecoin has made a significant impact

May 5, 2023 1 min read

Europe Blockchain and Cryptocurrency Market Analysis Report 2023: Digital Asset Use and Adoption is Gradually Increasing – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Europe Blockchain and Cryptocurrency Market 2023” report has been added to ResearchAndMarkets.com’s offering. Digital asset use and adoption is gradually increasing throughout Europe In the UK a low percentage of surveyed respondents claimed to own cryptocurrency as of March 2022, while also revealing a large gender gap in

May 5, 2023 6 mins read

Market Analysis: Exploring the Stablecoin Landscape

Stablecoins have emerged from obscurity to become one of the most important digital asset sectors in the space. The stablecoin market now accounts for over 10% of crypto’s total valuation, with a market cap exceeding $130B. With over 100 stablecoins listed on Coinmarketcap alone, deciding where to allocate capital is

May 4, 2023 5 mins read

Crypto Market Reacts Positively as ECB Raises Interest Rate by 25 Bps

Key interest rates were increased by the European Central Bank (ECB) by 25 basis points (bps) at its May 4 meeting, signaling a moderating pace of policy tightening. In April, Euro Area inflation hit 7%, while the underlying rate has remained at a record high of 5.6%. Following a similar

May 4, 2023 1 min read

Injective Integrates Pyth, Launching Institutional and Real World Asset Markets

NEW YORK–(BUSINESS WIRE)–Injective, the blockchain built for decentralized finance applications, today announced that Pyth has integrated with the Injective mainnet. Injective dApps can now access any of Pyth’s on-chain data for 200+ markets spanning equities, commodities, foreign exchange pairs and crypto. Pyth, a first-party financial oracle network that publishes continuous

May 3, 2023 3 mins read

Flare API Portal Introduces Blockchain APIs on Google Cloud Marketplace

With the integration of its API Portal on Google Cloud Marketplace, Flare, a Layer 1 blockchain that provides decentralized access to high-integrity data from other chains and the internet, has launched some of the first blockchain APIs to be made accessible on the platform. This makes it possible for developers

May 3, 2023 2 mins read

Crypto Market Rebounces as U.S Job Openings Fell by 9.6 Million

Job opportunities in the United States dropped by 9.6 million in March, according to data from the Bureau of Labor Statistics, below market forecasts of 9.775 million. Due to increasing interest rates, job openings have dropped to their lowest level since April 2021. Bitcoin’s price shows continued volatility, as it

May 2, 2023 1 min read

Binance Reportedly All Set To Re-enter Japanese Market by June 2023

After acquiring the Japanese cryptocurrency exchange Sakura Exchange BitCoin (SEBC), Binance is ready to re-enter the Japanese market. In order to penetrate the Japanese cryptocurrency industry, Binance purchased the exchange in November 2022. The exchange is licensed by the Japan Financial Services Agency. A local daily has confirmed that SEBC

April 29, 2023 2 mins read

Crypto Market Needs Regulation to Attract Institutional Money, Says Kevin O’Leary

Kevin O’Leary, the Canadian businessman known as Mr. Wonderful, stated that no new money is coming into Bitcoin and crypto from institutions until there’s regulation.  In an interview with YouTuber Kevin, O’Leary stated that Bitcoin is locked in purgatory and has been trading between $17,000 and $30,000 for a long

April 28, 2023 1 min read