Bitcoin exchanges are witnessing 3rd-biggest net daily outflow of 2024
Bitcoin dip-buying is a top priority for some exchange users as BTC price highs give way to sell-offs elsewhere.
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Algorand (ALGO) price strengthens as institutional investors back the project
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. 2136 Total views 6 Total shares Consolidation periods tend to follow strong rallies but they also present a good opportunity to survey the field and evaluate projects that have strong fundamentals.One project that…
Coinsquare exchange adds new board members
The additions to the board follow the confirmation of a new CEO, CCO, and COO in August. 810 Total views 16 Total shares Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors.In a…
Nasdaq Reveals 7 Crypto Exchanges Are Using Its Market Monitoring Tech
The world’s second-largest stock exchange Nasdaq has revealed that seven crypto exchanges are already using its market monitoring technology, Forbes reported Jan. 30.Just two of these seven collaborations have to date been publicized — the Winklevoss twins’ Gemini exchange, and Vctrade, run by Japanese financial services giant SBI Holdings.The stock market giant shared its rigorous…
Binance takes on DeFi with Uniswap competitor and liquidity mining
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap.Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that allows…
AI has potential to send Bitcoin price over $750K — Arthur Hayes
Bitcoin (BTC) will be the currency of artificial intelligence (AI) and could reach a price per coin of $760,000 in the process, Arthur Hayes says.In his latest essay titled “Massa,” the former BitMEX CEO concluded that the AI revolution would naturally gravitate toward BTC.Hayes: Bitcoin is "logical currency choice for AI"Despite fiat currency regimes being…
The Pros and Cons of Social Trading: Is It a Good Idea for New Investors?
Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next.Understanding how the industry works and where opportunities lie can take an exhaustive amount of effort — and it could…
15 Countries to Develop Crypto Transaction Tracking System: Report
About 15 global jurisdictions, including the G7 countries, will reportedly develop a system for tracking crypto transactions to prevent illicit uses of cryptocurrencies.The Financial Action Task Force (FATF) is planning to prepare detailed measures by 2020, according to a report by Tokyo-based newspaper Nikkei on Aug. 9.The new system intends to collect and distribute personal…
Star Trek NFT trademarks approved, y00ts coming to Ethereum: Nifty Newsletter
In this week’s newsletter, read about CBS Studios’ receiving approval for Star Trek NFT trademarks, check out how FC Barcelona acquired investment for its nonfungible token (NFT) initiative, and find out why NFT project y00ts is bridging to another network just months after its previous transfer. In other news, Canadian authorities are trying to create…