Binance leads crypto exchanges in Bitcoin deposits in 2024
Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets.
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Spotify competitor Audius airdrops $8M of tokens to users and artists
Audius has retroactively distributed $8 million in governance tokens to musicians and listeners who have been using the platform. 147 Total views 1 Total shares The crypto-powered Spotify competitor Audius has retroactively distributed 50 million of its native AUDIO tokens to artists and listeners using the platform.The distribution came alongside the launch of the AUDIO…

Spain overtakes El Salvador to become third largest crypto ATM hub
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. 121 Total views 3 Total shares The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the…

Bitcoin price could hit $29K next, warns CNBC ‘Chartmaster’
A simple look back at past BTC price dips means that a 55% correction from all-time highs is on the table, says Carter Worth. 2758 Total views 18 Total shares Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC's "Chartmaster."In an appearance on the network's…

Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support
Bitcoin price (BTC) returned to sideways trading on Oct. 14 after a sudden dip on Sunday evening saw markets lose 2% in minutes.Cryptocurrency market daily overview. Source: Coin360Bitcoin claws back lost groundData from Coin360 showed the largest cryptocurrency fluctuating around $8,300 at press time, having made up some of the ground lost during the downturn.BTC/USD…

Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections
“We are witnessing a drive to make financial risk a tawdry political issue," said Sarah Bloom Raskin. 591 Total views 17 Total shares Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward.According…

Finance giant SBI expands cryptocurrency lending service to XRP
After launching its crypto lending service in late 2020, SBI has now added support for XRP. 3882 Total views 12 Total shares Japanese financial services firm SBI Group has enabled XRP lending through its cryptocurrency-related subsidiary, SBI VC Trade.According to a Feb. 4 announcement, SBI VC Trade Lending users can now earn interest by depositing…

Upbit to store user data on AWS: What users should know
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.

LG Electronics adds blockchain and crypto as new areas of business
South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software. 723 Total views 33 Total shares South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two…