Cryptocurrency Analysis and News Portal
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99
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After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12
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Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against
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The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining today, reflecting the positive moves of the general market. CHZ’s trading volume has also increased
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According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global
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BNB price (Binance coin) found support near $255 against the US Dollar. BNB is rising and might gain pace if it clears the $285 resistance zone. Binance coin price started a recovery wave from the $255 support against the US Dollar. The price is now trading below $280 and the 100 simple
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Polygon’s NFT market in the past 24 hours had 10 collections with over 180,000 holders and four collections with above 500,000. For juxtaposition, Ethereum’s NFT market in the past 24 hours had four collections with over 100,000 holders and one collection above 500,000. Solana’s NFT market didn't have a single
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Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says.In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly bullish on BTC.ARK: FTX scandal may be "most damaging event" everWith BTC price volatility
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Crypto billionaire and FTX founder Sam Bankman-Fried have admitted to being a "significant donor" to both sides of the political spectrum ahead of the 2022 midterm elections.Days ahead of the U.S. midterm elections on Nov. 8, SBF told his Twitter followers that he has given contributions to electoral campaigns on
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