In a major shift for the cryptocurrency industry, Bitcoin’s percentage supply on exchanges has dropped to 11.7%, the lowest level in the last five years. Around 1.84 million wallet addresses have reportedly acquired 910,000 Bitcoins, a significant sum in light of the rising demand for Bitcoin. BlackRock’s application of a
Manchester, UK, June 30th, 2023, Chainwire Manchester City and OKX, one of the leading crypto exchanges by trading volume and a leading Web3 technology company, today announced OKX as the Club’s Official Sleeve Partner in a new multi-year agreement. As part of the expanded deal, the OKX brand will feature
Noah Cornwell and John Conneely bring robust crypto and institutional expertise to the wallet infrastructure and security firm NEW YORK–(BUSINESS WIRE)–Dfns, wallet infrastructure and security firm for Web3, announced the appointment of its new Chief Technology Officer, Noah Cornwell, and Vice President of Business Development and Sales, John Conneely, to
Shiba Inu (SHIB) bulls are attempting to retake control of the bearish market which caused a major price crash for the meme coin last week. To confirm the bullish sentiment, there has been an uptick in whale transactions on the Shiba Inu (SHIB) network, followed by a 10% price spike
Almost a year post collecting $4.4M to enhance the usefulness of non-fungible tokens (NFTs), Solana’s Cardinal protocol is shutting its door owing to economic constraints. Withdrawals must be completed by August 26th, according to a Twitter notification. By providing protocols and SDKs for staking, renting, subscribing, royalties, and trading, Cardinal
Paxos, a blockchain-based financial technology startup, has revealed plans to launch its Pax Dollar (USDP) stablecoin in Mexico through a partnership with online marketplace Mercado Libre. MercadoPago, a digital wallet software developed by Mercado Libre, will be used to process payments. Moreover, this recent action is part of Paxos’s larger
According to reports, Binance has been notified that BaFin, the German financial regulatory organization responsible for monitoring banks, financial services institutions, insurance companies, and stock exchanges, would not be issuing a crypto custody license to the exchange. On Thursday, the local media outlet Finance Forward published the news, citing persons
Lower crypto taxes and other measures impacting the crypto sector were approved by the National Council of the Slovak Republic, Slovakia’s parliament. An amendment that would lower individual income tax on gains from the sale of cryptocurrency held by the holder for a minimum of twelve months was approved by
Bitcoin Cash, the junior of the powerhouse Bitcoin, is currently experiencing a bullish trend. Today, its price has surged by 30%, reaching an all-time high for this year at $298. This significant increase in price can be continued with the constant upward movement of Bitcoin Cash in recent weeks, with
Shiba Inu (SHIB), the popular dog-themed memecoin, becomes the top-held cryptocurrency among the 100 Ethereum (ETH) whales. The memecoin has gained significant attention in recent months and has skyrocketed in popularity among Ethereum’s Top 100 Whales. According to the Whalestats report, the top 10 ETH whales hold 49,621,465,093,470 (49.62 trillion)
