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The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto trading. Citing analysis from digital asset data provider CCData, mainstream media outlet Bloomberg reported on Oct. 11 that Coinbase registered around $76
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite its relatively recent launch, Ethscriptions has shown tremendous acceptance, evoking parallels with Bitcoin’s Ordinals. The Ethereum (ETH) community, known for its unrelenting pursuit of experimentation and innovation, has a new brainchild—Ethscriptions. Ethscriptions is the latest protocol stirring
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“Bitcoin’s going to be the boring old grandpa right now in the room,” Safai told CryptoX TV’s “First Mover” on Friday referring to why, during these uncertain economic times, bitcoin’s rally may be due to its simple, more familiar story. Source
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The CEO of Ripple recently suggested that Wells Fargo did not receive the ‘FTX treatment’ despite exploiting its customers. Ripple CEO Brad Garlinghouse recently likened the recent Wells Fargo fund management fiasco to the collapse of FTX. However, Garlinghouse disapproved of what he perceived as a hypocritical reaction to Wells Fargo’s case. According to the Ripple CEO, the
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On Oct. 18, Silvergate Capital, a crypto-fiat gateway network designed for financial institutions, announced its financial results for Q3 2022.The bank, known for services such as processing consumer fiat deposits to cryptocurrency exchanges, saw the transfer volume on the Silvergate Exchange Network plummet close to $50 billion compared to Q3
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Following the collapse of Terra and its ecosystem, there is a considerable reduction of confidence in stablecoins, especially Tether. Most participants in the crypto space have increased doubts about the level of stability with stablecoins. While many are treading more caution on most projects, some have made a complete back-out. That’s
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Bitcoin's (BTC) price is down 56% year-to-date, but the correction was not strong enough to remove the digital asset from the list of top-20 global tradable assets. Bitcoin’s current $400 billion market capitalization stands higher than traditional companies like Exxon Mobil, Walmart and Procter & Gamble, but there’s always the
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The past Consensus in which I’m seeing a rhyme is that of 2018, held in the Hilton Hotel in New York City. Until this week’s massive 17,000-strong event, that 2018 Consensus was CoinDesk’s previous biggest in-person event, with almost 9,000 attendees. Original Source
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“That premium has been on the pretext that it would give them a free pass while governmental agencies took their war on crypto to other platforms and exchanges instead, like Binance,” QCP wrote at the time. “If now, a regulated U.S. entity who is offering a product that is already
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Data shows Bitcoin long-term holders hold significantly more supply in loss right now compared to May-July of 2021. 15% Of Bitcoin Long-Term Holder Supply Is In Loss Right Now As per the latest weekly report from Glassnode, around 30% of the total BTC supply is being held at a loss at the
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