CoinGecko’s 2023 Annual Crypto Industry Report has been released. It covers crypto exchanges and their current state, Bitcoin’s +155.2% and Ethereum’s +90.5% growth, analyzing NFT trading volume throughout the year, and more. Among the report’s highlights is the comprehensive review of the crypto trading volume in 2023 through the performance of centralized crypto exchanges (CEX)…
As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health. However, they also caution that a lack of funding rates across exchanges means low demand for ETH, which may limit its breakout momentum. Ethereum’s Latest Rally Shows Structural Strength According to a CryptoQuant Quicktake post…
Stefan Kimmel is the CEO of M2, an Abu Dhabi based crypto exchange that Kevin O’Leary has described as a next-generation crypto exchange. Why you should listen Based in Abu Dhabi, M2 is regulated by the Financial Services Regulatory Authority, as a trading platform and custodian. It is a part of wave of digital assets…
After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake…
A new era for the crypto industry approaches as the world’s largest exchange, Binance, changes leadership. Yesterday, the company’s founder and CEO, Changpeng “CZ” Zhao, stepped down as part of an agreement with the US government. The deal might have sparked a new era of adoption and legitimacy for the nascent industry at the cost…
This year has had more than its fair share of scandals involving crypto exchanges and their shady owners. It seems that they are not finished yet as reports are emerging of another exchange boss doing a runner with the keys to the crypto wallets on a relatively unknown Asian exchange. Crypto Exchange IDAX CEO ‘Missing’…
Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To 11,196 Years Prison Sentence On Thursday, September 7, 2023, the former CEO of Thodex, which was one of the biggest cryptocurrency exchanges in Turkey, was…
According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively. The…
Binance first announced plans for a UK crypto trading platform in mid-June. The company has now confirmed an Autumn 2020 rollout.Source: binance.comThe UK platform will provide GBP and Euro on/off ramps via bank transfer through the UK’s Faster Payments service, as well as the equivalent function in Europe, the Single Euro Payments Area (SEPA) network.Payments…
CoinEx, a cryptocurrency exchange, has announced plans to resume its deposit and withdrawal services. The crypto platform was forced to shut down operations after roughly $70 million worth of cryptocurrencies were drained from its hot wallets a week ago. On Saturday, September 16, the CoinEx team offered an update on their investigation, which showed that…