The world of cryptocurrency exchanges, often clouded with volatility and competition, has recently been witnessing a distinct shift in dynamics, particularly as a Kraken is taking the lead in the US altcoin trading space. The latest data reveals Kraken, the California-based crypto exchange, is now dominating its rivals, specifically Coinbase, in the altcoin market. Dominating…
Within the select group of the top 100 cryptocurrencies at the moment, Rollbit Coin (RLB) stands out as the best-performing project. The token has impressively increased by an astonishing 113% in the last week alone, and its daily performance charts also show an equally impressive gain of 30%. Recent statistics highlight Rollbit’s impressive financial accomplishments, with…
Another crypto firm, Bittrex, bites the dust in the SEC’s continued clampdown on major players in the crypto industry amidst regulatory uncertainty. The regulator has been known to come hard at these crypto firms because it believes they aren’t toeing an almost non-existent regulatory framework. Bittrex Succumbs To SEC In a press release dated August…
Solana is attempting a fresh increase above the $25 resistance against the US Dollar. SOL price rally toward $30 if there is a close above $25.65. SOL price is showing positive signs above the $23.80 level against the US Dollar. The price is now trading above $24 and the 100 simple moving average (4 hours).…
According to a Bloomberg report, Circle, a prominent player in the stablecoin market, strategically leverages its substantial cash reserves of over $1 billion to weather fresh competition from non-crypto giants like PayPal. The company’s market share of the second-largest stablecoin, USD Coin (USDC), has been declining, mainly due to factors such as Binance’s decision to…
In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV). The Ethereum-based CRV token is the backbone of the Curve ecosystem, which has established itself as the largest stable swap and second-largest…
Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry. HBAR’s Position In The Upcoming Bull Market Classy Crypto, a crypto-focused YouTube channel, hosted a discussion…
The crypto verse has recently witnessed a massive splash as an unidentified entity dove deep into the Ethereum ecosystem. A recent report from Lookonchain reveals that in a span of 24 hours, the whale has purchased $10 million worth of Lido Staked Ethereum (stETH). The Big Purchase And Past Activities Lookonchain, an on-chain analytics firm,…
In a new report, Estonia’s preeminent crypto payment and personal wallet provider, CoinsPaid, has revealed the intricate workings of a hacking incident that led to a colossal loss of $37 million. This audacious breach was reportedly the culmination of a six-month saga marked by calculated maneuvers and sophisticated tactics, orchestrated by none other than the…
Rollbit (RLB) deviated from the prevailing norms typically observed in cryptocurrency initiatives, deliberately and noticeably distinguishing itself. Instead of following the conventional practice of allocating a substantial amount of their coin supply for internal use, Rollbit opted for a different approach. This strategy exemplifies the crypto platform’s dedication to transparency and a distinct ideology pertaining…