After celebrating a significant victory against the United States Securities and Exchange Commission (SEC), which aimed to transform the Grayscale Bitcoin Trust (GBTC) into a publicly listed Bitcoin exchange-traded fund (ETF), the charts of the major crypto Currencies turned green. However, in a surprising turn of events, the coins quickly
Binance no longer accepts Banco de Venezuela as a funding source for its P2P trading service. Similar actions were taken with Russian banks last week, so this is certainly an attempt to comply with international financial crackdown. Users in Venezuela claim that Binance has removed Banco de Venezuela as a
Cryptocurrency exchange Binance recently announced it will modify its popular zero-fee Bitcoin trading program, ending free BTC/TUSD trades starting September 7th. While zero fees remain for BTC/FDUSD, Binance is discontinuing the incentive for one of its largest BTC pairs. In March, when Binance halted zero-fee BTC/BUSD trades in favor of
Online payment giant PayPal is making changes to its platform in the UK so that it is in line with local financial legislation. In order to comply with new rules, PayPal notified on August 16 that it is temporarily halting the capacity for its U.K. clients to acquire cryptocurrencies. A
The National Futures Association of the US CFTC has granted Coinbase Financial Markets, a futures commission merchant registered with the CFTC, approval to provide crypto futures trading to qualified consumers in the US. Despite a lawsuit by the US SEC, this is a huge win for Coinbase and the cryptocurrency
In the cryptocurrency realm, a significant trend emerges as more investors embrace a patient approach. A substantial portion of Bitcoin, about 68.54% of the total supply, has remained dormant for at least a year, reflecting a preference for a long-term investment strategy. Data from Glassnode, a blockchain analytics firm, reveals
Investors in Bitcoin (BTC) are in a bind as the value of the leading cryptocurrency continues to consolidate. Crypto whales are being driven away as evidenced by the 30% volume drop. The price of Bitcoin is $29,054 at the time of writing as per data from CMC. Earlier on Aug
Revolut has decided to discontinue offering cryptocurrency trading services to US users as of September 2023. This is due to regulatory uncertainties in the US. On Friday, August 4th, a Revolut representative stated that from September 2nd, the company will no longer enable customers in the United States to purchase
According to data compiled by CCData, South Korean crypto exchange Upbit overtook Coinbase and OKX in trading volume for the first time in July. Both Coinbase and OKX, two centralized exchanges, suffered a decrease in trading volume in July, with Coinbase’s volume falling by 11.6% to $28.6 billion and OKX’s
One of Coingecko’s top five cryptocurrency exchanges, Bybit, is excited to announce that its peer-to-peer (P2P) trading service is now available for customers to purchase cryptocurrency on-chain. With the P2P improvement, customers may presently buy USDT with more than 62 different fiat currencies while receiving cryptocurrency on the Ethereum and
