According to data from research firm Kaiko, Binance’s market share has approached a one-year low due to increased regulatory scrutiny on the cryptocurrency industry. On June 5, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and its founder, Changpeng “CZ” Zhao, impacting the largest cryptocurrency exchange.
In recent years, Indian crypto exchanges increased in numbers while playing crucial roles in bolstering the adoption of cryptocurrencies. Significantly, India is one of the prominent countries for the crypto industry as it has vast users who emerged in the sector. Crypto adoption across the nation has been attributed to
The top cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have demonstrated significant strength, continuing their upward trajectory in the early hours of trading this week. BTC, the world’s largest cryptocurrency, has managed to maintain its position above the $30,200 range, while ETH has surged by 8.66% in a week to reach
Attorney John Deaton recently engaged with his substantial Twitter following of over 276,300 users by posing a thought-provoking question regarding the potential future market cap of Bitcoin. Deaton questioned whether Bitcoin could eventually achieve a market cap that is half the size of gold. He speculated that if this were
While the crypto market is performing relatively dull, the decentralized lending protocol Aave is showing the most promise among altcoins. At the time of writing, the current price of Aave is $75.17, reflecting a meteoric 32.60% increase over the last 24 hours. Over the last month, the coin’s value has
“Mad Money” anchor and crypto critic Jim Cramer from CNBC has made it clear that he is “not against crypto,” but is against fraudulent ventures using cryptocurrency. The American, who has changed his mind several times over the years, has made another contentious declaration. The cryptocurrency industry often makes fun
According to reports, just five years ago, BlackRock CEO Larry Fink was dismissive about the prospect of cryptocurrency investment. In a dramatic turn of events, the world’s largest asset manager now acknowledges the rising appeal of digital currencies. In 2018, Fink claimed his clients had ‘zero interest’ in cryptocurrencies. He
CryptoPunks, which launched six years ago and sparked the NFT art trend while also serving as a blueprint for several subsequent other initiatives, is publishing its own official book. Yuga Labs, the owner of the CryptoPunks IP, has announced a new collaboration with Zak Group, the design company behind Nike’s
After publicly criticizing XRP and its community, Cardano founder Charles Hoskinson denies rumors of previously collaborating with Ripple. When the U.S. Securities and Exchange Commission (SEC) classified Cardano as a “Security” being sold via non-compliant crypto exchanges, however, he attempted to make peace with the XRP community. Charles Hoskinson tweeted
The current Bitcoin ETFs season succeeds in powering the bulls in the crypto market. After a long period of distress, Bitcoin (BTC) climbs up to attain its one-year high at $31K. Aiding BTC, forked cryptocurrencies march in as the top gainers with surprising price rallies. Remarkably, Bitcoin Cash (BCH) surged
