Binance reaches 200M users with $100B in assets under custody

Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender. 919 Total views 11 Total shares The Central American Bank for Economic Integration (CABEI) has identified remittance as an important aspect of El Salvador’s Bitcoin (BTC) adoption policy.According to Reuters on Tuesday, the regional development bank expects other Central…

The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market.According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange dropped…

Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. According to a Sept. 21, Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from this…

Peter Brandt, a popular veteran trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on Goldman Sachs potentially restarting its cryptocurrency desk.Us old-timers have learned that whenever @GoldmanSachs enters a market niche it is time to guard your money. $BTC pic.twitter.com/tHfRkS4igb— Peter Brandt (@PeterLBrandt) March 1, 2021 On Dec. 21, 2017,…

As we enter the start of a new decade, the number of internet users has reached a truly astonishing level: Almost 4.5 billion people were active users as of January, encompassing 59% of the global population. With its growing influence on individual consumers and large economies alike, the internet has become a crucial part of…

Prices for crypto ads on Telegram have outstripped those for other topics like investment and trading, according to one study. 348 Total views 37 Total shares Cryptocurrency-themed advertising has been growing extremely popular on Telegram, with some ad firms reporting that crypto became the most expensive ad type on the platform in 2021.The average cost…

Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.

The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say.An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra. ‘Inspiration from Libra’After five years of…