Tether user base hits 350M in 2024 following 24% surge

Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia. Data from Bitcoin (BTC) marketplace Paxful shows a huge surge of interest in cryptocurrency peer-to-peer trading in Russia, with 350% growth on a year-over-year (YoY) basis.According to the study, from the period of May 2019 to May 2020, Paxful is now…

Management and technology consulting firm GreySpark has found that U.S. dollars are the most actively traded fiat currency against cryptocurrencies in a new study published September 4.The study focuses on the recent popularity of cryptocurrencies that went viral in late 2017, when Bitcoin’s (BTC) price peaked at $20,000.GreySpark experts found that crypto prices correlated with…

Ether’s decline below the $1,900 “robust” demand zone may bring significant new buying pressure for the world’s second-largest cryptocurrency. 4057 Total views 4 Total shares Ether risks another decline below $1,900, which may open up a significant amount of investor demand, which may catalyze Ether’s recovery from its three-month downtrend Ether (ETH) price fell over

Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a Bitcoin spot exchange-traded fund (ETF)

International law firm Holland & Knight served a defendant in a hacking case with an NFT that was created and airdropped by its asset recovery team. 428 Total views 7 Total shares Law firms Holland & Knight and Bluestone have served a defendant in a hacking case with a temporary restraining order through a nonfungible…

Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say. 2472 Total views 5 Total shares Bitcoin (BTC) continued its bounce from its 2021 opening price on July 21, hitting $31,600 in what some fear is just a temporary reprieve from downside.BTC/USD 1-hour candle chart…

A cyber security and blockchain forum with leading Australian experts and government officials has identified blockchain technology as a direct response to an increase in cyber attacks targeting the integrity of systems through manipulating data.Recently appointed Blockchain Australia CEO Steve Vallas held a panel discussion on July 30 regarding blockchain’s use-case in cyber security with…