Binance inflows hit $24 billion from 250M user base in 2024

Global cryptocurrency and fiat trading platform eToro announced the release of its own cryptocurrency wallet today, Nov. 6, with initial support for four cryptoassets.EToro, which last month became the first platform to offer fiat trading of cryptocurrency exchange Binance’s in-house token Binance Coin (BNB), promises to add additional functionality to the product following the initial…

Bitcoin (BTC) sold off along with the U.S. equity markets on Feb. 17 on reports that Russia expelled Bart Gorman, the second highest-ranking American official from the U.S. Embassy in Moscow and U.S. President Joe Biden cautioned that the threat of a Ukrainian invasion by Russia remains “very high.”Although the near-term correlation between Bitcoin and…

Chicago-based cryptocurrency exchange EriX is reportedly about to launch its spot trading service, industry news outlet The Block reports on April 24.Per the report, the exchange has recently been in test mode with some financial firms that would potentially become users. One of those firms is reportedly United States retail brokerage TD Ameritrade, which announced…

Could XRP’s regulatory status be finally settled one day? 499 Total views 4 Total shares Veteran trader and chart analyst Peter Brandt is the latest figure in the cryptocurrency community to dispute the regulatory status of XRP.According to the chartist, XRP — the fourth largest cryptocurrency at publishing time — is a security, which means…

The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. 4164 Total views 22 Total shares Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern…

The total crypto market capitalization reached a new all-time high of $3.73 trillion on Dec. 14, 2024, but since then, the metric has dropped 21% to $2.91 trillion.  Despite the current drawdown, one analyst believes the metric could reach new highs in Q2 2025. Total market cap and global liquidity index are correlated Mark Quant

Privacy concerns regarding the digital euro abound as the European Central bank test the waters for a central bank digital currency. 3208 Total views 13 Total shares The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an…

Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the United Kingdom’s Financial Conduct Authority (FCA) has cautioned.In a new speech written for the Cambridge International Symposium on Economic Crime, Charles Randell, Chair of the FCA and Payments Systems Regulator,…