Regulation
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
The decentralized futures exchange product has gained a loyal community of users in the past few months. Source link
Year: 2023
Market Analysis
IMF Lays Into El Salvador for Bitcoin Bond Decisions
The IMF criticized El Salvador for its decision to make Bitcoin legal tender in a statement published about the country’s economy. The International Monetary Fund (IMF) has issued a critical statement regarding El Salvador’s Bitcoin […]
Regulation
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP. Source link
Market Analysis
Crypto Staking Services in US Under Threat of SEC Intervention
Crypto staking services in the United States are under threat. The Securities and Exchange Commission has made staking the latest enemy of traditional finance, but some companies intend to fight back. On Feb. 13, Coinbase […]
Bitcoin
Cathie Wood's ARK Buys Another $9.2M Coinbase After Stock's January Rally
COIN is down 20% during the last week after a record-breaking rally in January where it rose nearly 95%. Source link
Market Analysis
Paxos Served Wells Notice Over Binance BUSD Stablecoin Listing
The US Securities and Exchange Commission (SEC) has reportedly warned Paxos Trust Co. that a lawsuit could be on the way. As per a source-based report by the Wall Street Journal, the agency could take legal enforcement […]
Bitcoin
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
“Expect to see a wide range of borrower profiles: from traditional trading firms to various types of crypto-native players,” Jakob Kronbichler, Clearpool’s co-founder and chief operating officer, said in a statement. “Prime is also attractive […]
Market Analysis
Crypto Regulations Important for Mass Adoption to Take Hold
Despite its potential to revolutionize finance and commerce, cryptocurrency has yet to gain widespread adoption. A major reason for this is the lack of strong regulation in the industry. Without it, the sector is plagued […]
Market Analysis
On-Chain MVRV Indicator Lights Up Bitcoin Bull Market Path
The crypto market is always in a state of flux, with prices soaring and plummeting regularly. However, a recent development may signal the start of a long-term bull market for Bitcoin and altcoins. An important […]
Market Analysis
USDC Supply Shrinks by $1 Billion Amid Market Correction
USDC, the second-largest stablecoin by market cap, has seen a sharp drop in its circulating supply over the past week as the market experienced a correction, which pushed the price of Bitcoin below $22,000. On-chain […]