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Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers

One potential driver for DEX volumes in the near term is an increase in regulation, the note said. As crypto regulation develops more broadly, with expanded reporting requirements, users could begin to migrate to DEXs from “KYC-heavy CEXs,” it said, referring to “know-your-customer” requirements. The regulatory landscape is expected to

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Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom

Bitcoin (BTC) put in fresh gains overnight into May 31 as the monthly close looked set to seal losses of around 15%.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAsks stack up above $33,000Data from Cryptox Markets Pro and TradingView showed BTC/USD consolidating once more after a fresh burst took it to $32,200

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Crypto gaining trust as investment, but still lagging behind other options: Bitstamp report

Global crypto exchange Bitstamp released its Crypto Pulse survey on Tuesday, concluding that both institutional and retail investors believe crypto will overtake traditional investment vehicles within a decade. Specifically, 80% of the institutional respondents and 54% of the retail investors answered the question in the affirmative.The survey also polled opinions on whether

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Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours

Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours. Investors bulk up Bitcoin holdingsThe number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51

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FCA Concerned Over Binance Gaining Access to UK Payment Network: Report

The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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Litecoin transactions near an all-time high after gaining ground in consumer finance

The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card's homepage, potential

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FTX Founder Says NFTs are Gaining Widespread Adoption at an Exponential Rate

Founder and CEO of US-based cryptocurrency exchange Sam Bankman-Fried noted that non-fungible tokens (NFTs) are gaining adoption at a fast pace, but added that most investors have little knowledge of the NFT market.  Mainstream Investors have no Understanding of NFTs In an interview with CNBC’s Street Signs Asia posted on Tuesday (August

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