Binance altcoin dominance hits 78%, analyst eyes’ strong momentum’ ahead
A crypto analyst says the rising altcoin trading volumes on Binance signals “confidence in the potential for an altcoin bull market in 2025.”
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NFT platforms in China grow 5X in four months despite government warnings
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Ethereum options data shows traders’ mixed opinions on ETH’s future
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. 2183 Total views 3 Total shares After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or…
South Africa to revise national policy position on cryptocurrency
South Africa's financial regulators are laying the groundwork for the “phased and structured” regulation of cryptocurrencies. The move presents a reversal of the largely hands-off approach taken for the past seven years and has been driven by increasingly high levels of retail interest in crypto in the country.In a position paper published on June 11,…
New Platform Helps Developers Tokenize Their Games on Ethereum
A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community. Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on the Ethereum mainnet.Platforms such as Enjin’s consider that the blockchain can and should be used for purposes beyond currency and value transfer. Commodities…
Crypto Conference Attendees File ‘Massive’ Class-Action Lawsuit
The Massive Adoption Crypto Festival is the target of a class-action lawsuit demanding compensation for damages following its cancellation in January. Securities fraud and investment loss attorney David Silver has filed a class-action lawsuit on behalf of attendees against the organizer of the cancelled Massive Adoption crypto conference.According to the initial complaint filed on May…
Ethereum rallies to $1,350, but derivatives metrics remain neutral to bearish
Ether (ETH) rallied 6.3% to $1,350 on Dec. 13, mimicking a similar failed attempt that took place on Nov. 10. Despite reaching the highest level in 33 days, the gains were not enough to instill confidence in traders according to two key derivatives metrics.Ether/USD price index, 12-hour. Source: TradingViewBulls' frustrations can partially be explained by…
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
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Binance Labs Leads $5.7M Series A Round to Launch FIO Protocol
A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol.According to a press release shared with Cointelegraph on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the Foundation of Interwallet Operability’s (FIO) Usability…