TL;DR Binance added new trading pairs and trading bot services, including PEPE/EURO. The company will remove certain trading and margin pairs by the end of May, advising users to close positions to avoid losses. The Latest Updates Binance – the world’s largest cryptocurrency exchange – continues implementing changes on its platform to enhance user experience […]
Crypto markets have largely held on to gains this week, buoyed by Ethereum and the US Securities and Exchange Commission’s approval of spot exchange-traded funds. However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24. The 21,000 contract expiry is a relatively small event compared to the month-end May 31 […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating […]
[PRESS RELEASE – New York City, New York, May 24th, 2024] PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating […]
The Nigerian Federal Inland Revenue Service (FIRS) has pointed fingers at the Nigerian Correctional Service for failing to produce detained Binance executive Tigran Gambaryan at the Federal High Court in Abuja on tax evasion charges. Reportedly, Gambaryan was a no-show in court on May 22, slated for arraignment on tax evasion accusations by the FIRS. […]
The previous two cycles may provide an indication of where BTC prices might head after the previous all-time high was broken. In the 2013 cycle, Bitcoin prices peaked at around $1,130, but they did not break this level again until March 2017. However, in the three months that followed, BTC prices doubled. When the 2017 […]
Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team asserts that his punishment should reflect his role in exposing the fraud, pushing for a lighter sentence of no more than 18 months. Salame’s Defense […]
The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final […]
Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SEC’s Legal Basis In a blog post […]
Bitcoin has climbed above $71,000 this week, breaking out of the tight trading range it had been confined to for several weeks. One of the main catalysts for this price action is the strong demand through ETFs, with net inflows of approximately $1.2 billion over the last week. Going forward, several key factors suggest a […]