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BIT to Utilize Circle’s ‘Fiat To Crypto’ On-Ramp and USDC Settled Products
BIT will leverage Circle APIs to on-ramp fiat funds into USD accounts on BIT. USDC can be used as trading margin 1:1 to USD for USD-margined products on BIT. To support greater adoption of USDC, BIT offers USD-margined trading pairs across spot, futures, and options markets powered by its USD basket program which now supports USDC.
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NFT Trading Platform SudoSwap Airdrops its Governance Token
Apart from platform LPs, holders of the XMON token will also be eligible to receive portions of the airdrop. NFT marketplace SudoSwap said it debuted its native governance token called SUDO with an airdrop of coins to early supporters. The move comes amid a recent resurgence in NFT trading volume...
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Justin Sun Wants Tron (TRX) to Become Legal Tender in 5 Countries This Year
Tron’s Justin Sun expects “at least” five nations to declare TRX legal tender this year. Tron’s Founder – Justin Sun – said one of his primary targets is to see TRX becoming an official payment method in five different countries by the end of 2023.
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DemaTrading.ai Survey Shows Poor Customer Service Is Costing Crypto Exchanges
[PRESS RELEASE – Amsterdam, Noord-Holland, 27th January 2023]. Index solution provider DemaTrading.ai has conducted a wide-ranging survey of the leading cryptocurrency exchanges. Its results are drawn from conversations with over 30 exchanges and 50 investors and reveal some of the most common reasons why exchange customers stay inactive. The...
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Bitget Announces Winners of Hero Trader Awards 2022
VICTORIA, Seychelles — Bitget, a leading cryptocurrency derivatives exchange, has announced the winners and conclusion of its Hero Trader Awards 2022 competition. The event was organized to select the best 15 copy traders with high moral standards and professional qualities through community voting. The Hero Trader Awards 2022 commemorated...
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Dogecoin Jumps 8%, Bitcoin Slips Below $23K (Market Watch)
Dogecoin pumped almost immediately after the most recent Musk announcement in regards to Twitter. After failing to overcome $24,000 yesterday, bitcoin took a serious dive and dropped by over $1,500 at one point. Most altcoins are in the red today as well, as they were yesterday. However, Dogecoin emerges as...
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Cloudzy Introduced Crypto Payment Solutions
With months going by after Cloudzy first introduced Crypto payment solutions, how has it performed so far?. When Cloudzy first introduced the incorporation of cryptocurrency payment gateways as part of their payment solutions, crypto skeptics and fans were both among the interested parties. These changes, which were implemented with the two stated goals of online anonymity and global VPS access, have had enough time to be tested. So now would be a good time to look back and evaluate the positive changes that it has caused.
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Binance Taps Mastercard to Introduce Crypto Prepaid Card in Brazil (Report)
The Binance card is still being tested and should become widely available in the next few weeks. The world’s largest cryptocurrency exchange – Binance – joined forces with the multinational financial services giant – Mastercard – to launch a prepaid card in Brazil. The partners...
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A Look at Cardano’s Overcollaterized Stablecoin Djed
The Djed stablecoin is scheduled for roll out after the chain index syncing compeletes. Stablecoins have been one of the most controversial areas of the cryptocurrency industry. But this has not deterred industry leaders to bring about new pegged tokens built on a secure foundation. The much-awaited Djed – which...
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Biswap DEX Unveils Improved AMM as Part of Its Ambitious 2023 Roadmap
[PRESS RELEASE – New York, United States, 31st January 2023]. BNB Chain decentralized exchange Biswap has published its 2023 roadmap, which includes a number of proposed improvements and upgrades. It includes details of a new AMM, route optimization, and perpetual trading. Take a look at the main Biswap benefits:...
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Bitcoin Mining Revenue Surged by 140% Since Christmas
Daily BTC mining revenue soared from $10 million on Christmas Eve to $23.8 million on January 29. The total bitcoin mining revenue (block rewards plus transaction fees) per day soared by almost 50% since the beginning of the month, tapping almost $24 million. Despite the significant rise, the figure stands...
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From $100K to $1M, PlanB’s Prediction for Bitcoin’s High in 2025
Plan B predicts at least a 4X rise for Bitcoin by 2025, though his range of potential price targets extends far higher. The popular Bitcoin price analyst Plan B has outlined a scenario that he predicts could propel Bitcoin’s price up to $1 million in the year 2025. At...
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NYDFS Probes Gemini Over Claims Concerning the Earn Program (Report)
New York’s watchdog alleged Gemini of misleading Earn customers. The New York Department of Financial Services reportedly launched an investigation against Gemini, alleging that the cryptocurrency exchange told its 340,000 Earn users they were FDIC-protected. The program, which provided clients up to 7.4% APY on their holdings, went down...
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BTC Sharply Rejected at $24K Again, is a Correction Imminent? (Bitcoin Price Analysis)
Over the last week, Bitcoin has seen many bullish on-chain and technical signals. However, reaching a significant resistance level at $24K, there has been a battle between the bulls and the bears. The main question is whether it is the beginning of a bull market or just a bull trap.
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Bearish Sign for Bitcoin? CNBC’s Jim Cramer Now Says ‘Buy The Dip’
The “Mad Money” host thinks investors should “buy the dip” since markets have started a new bull run. Jim Cramer – the host of the financial TV program “Mad Money” – opined the market has shifted into a bull mode and offers buying opportunities for investors.
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Judge Clarifies That Security Injunction in LBRY v. SEC Case Was Only for Direct Sale
Attorney John Deaton played a major role in the appeal hearing, making the judge see that the token’s secondary market transactions are not securities. A New Hampshire district court judge has clarified that a security injunction ruled earlier in the legal battle between the United States Securities and Exchange Commission (SEC) and decentralized content-sharing and publishing platform LBRY applied only to direct sales of the project’s tokens.
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Bitcoin Dominance Rises as BTC Tapped 5-Month High at $24K: Market Watch
Despite touching $24,000 hours ago, BTC was rejected there and has slipped by almost $1,000. Bitcoin initiated another leg up in the past 24 hours, tapping a new five-month high at just under $24,000. The altcoins are slightly in the red on a daily scale, which has helped the BTC...
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Celsius’ Independent Examiner Reveals Astonishing Facts About Internal Discrepancies
The business model Celsius advertised and sold to its customers was not the business that it actually operated. Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by United States Bankruptcy Judge Martin Glenn. In a filing,...
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BlockFi Wins Approval to Arrange Auction for Mining Business
BlockFi is poised to sell its mining machines while Bitcoin’s price remains at local highs. Bankrupt crypto lending platform BlockFi received court approval to put its Bitcoin mining business up for auction. The company plans to sell its equipment as fast as possible, to take advantage of currently favorable...
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XRP’s Bullish Momentum Fading, Will Bears Break Below $0.40? (Ripple Price Analysis)
It seems that the XRP has been trapped in a range between $0.32 and $0.44 for several weeks. Most recently, the uptrend, which began at $0.32, stalled after hitting a resistance level. Technical Analysis. By Shayan. The Daily Chart. Last week, XRP’s price printed a significant bullish sign by claiming...
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