Cryptocurrency Analysis and News Portal
Traders are increasingly checking on-chain data to "predict" both the short-term and long-term price trend of Bitcoin (BTC) using such platforms as CryptoQuant, Glassnode and WhaleAlert. Particularly, data points such as Bitcoin exchange inflows, outflows, and stablecoin inflows are actively used by traders to anticipate where BTC may go next.
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The volume of transactions in the South Korean digital currency market briefly exceeded the daily average transaction amount of the country’s stock market on Sunday.According to data from CoinMarketCap, the combined 24-hour volume of major South Korea-based crypto exchanges UPbit, Bithumb, Coinone, and Korbit was more than $14.6 billion on
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Choosing the local cryptocurrency exchange that’s best for you largely depends on your personal needs and circumstances.In the last year, cryptocurrencies have once again exploded in popularity, as some of the most popular digital assets like Bitcoin (BTC), Ethereum (ETH), and dozens of other cryptocurrencies reached heights not seen since
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Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX).Exchange tokens are another easily overlooked sub-sector of the market but they
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Crypto derivatives exchanges have quite literally taken the market by storm. It’s a market that has rocketed to over $1 trillion in daily trading volume and shows no signs of slowing down in 2021.As cryptocurrencies have evolved into the mainstream, so have the different ways traders can interact with them.
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Getting crypto exchanges across the world to plug into each other and share sensitive customer data is proving to be a complex problem. Nonetheless, firms have to show real progress on this by June of this year, according to new anti-money laundering (AML) rules from global AML watchdog the Financial Action
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India is reportedly planning a short-term boost to its coffers by ensuring the nation’s cryptocurrency space is taxed before bringing in a ban on such assets.The government is likely to impose both personal income tax (IT) and the goods and services tax (GST) on gains from trading cryptocurrencies, according to
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Crypto services firm Diginex has partnered with electronic trading firm Itiviti to let institutions trade crypto and equities under one roof. The new platform is called Diginex Access.The firm claims it is the first crypto firm to plug into an electronic trading platform’s order management, execution management and portfolio management
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Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a
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“There’s no stopping crypto, [it’s] the future and we won’t let some old fools take our future from us,” one Nigerian bitcoin user who wished to remain anonymous told CryptoX. “We’re Nigerians. Using the crypto is a way out of poverty for the youth.” Last week, the Central Bank of Nigeria
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