In a groundbreaking move, Binance, one of the world’s largest cryptocurrency exchanges, has revealed its latest development – a “banking triparty” arrangement that allows institutional investors to secure their trading collateral. This game-changing solution not only addresses the concerns of counterparty risk but also optimizes capital efficiency for these investors. The platform has been working
Bitcoin price has been showing promising signs as it surges past the $42,500 resistance level. With positive momentum building up, experts predict that the leading cryptocurrency may extend its increase towards the $45,000 resistance mark. BTC started its ascent by surpassing the crucial $41,200 resistance zone. Not only did it manage to break above $42,500,
The European Securities and Markets Authority (ESMA) has clarified that EU-based crypto firms can serve non-EU customers in certain situations, according to a statement released on Jan. 29. This guidance confirms ESMA’s previous message regarding the limited provision of crypto-asset services by third-country firms under the Markets in Crypto Assets Regulation (MiCA). However, ESMA emphasized
The cryptocurrency market has always been subject to speculation and analysis, with experts and investors constantly searching for patterns that could predict future price movements. One such pattern that crypto analyst and long-term investor Jelle has recently highlighted is the historical tendency for February to be a bullish month for Bitcoin. In this article, we
In the world of cryptocurrency, meme coins have become increasingly popular due to their potential for explosive gains. One such token, SPX, recently experienced a mind-blowing surge of +26,568%. However, as retracement takes hold, investors are left wondering if there is still potential for a second wind. Despite the retracement, trader sentiment remains bullish on
Bitcoin had a fantastic year in 2023, but unfortunately, 2024 has not been as smooth for the pioneering cryptocurrency. Within just three weeks, its price plummeted from a high of $48,000 to $41,000. As investors seek alternatives to stop their profits from bleeding, many are turning their attention to the new rival in the market,
The price of Bitcoin has been showing signs of recovery as it surpasses the crucial $42,000 resistance level. In order to continue this upward trend, BTC needs to overcome the resistance levels at $42,800 and $43,500, which could potentially pave the way for an increase towards the $45,000 resistance. Bitcoin initiated a support base above
South Korean crypto exchanges reported blocking over $82 million worth of transactions linked to romance scams in the past year. Coinone, one of the leading exchanges in South Korea, stated that catfishing and other romantic scams utilizing cryptocurrency have become widespread in the country. It further revealed that it had successfully halted more than $2.6
The year 2024 has brought a whirlwind of activity in the world of Bitcoin, with significant developments and price fluctuations. From the approval of spot Bitcoin ETFs by the SEC to a decrease in the cryptocurrency’s price and selloffs from the Grayscale BTC Trust, the market has witnessed various events. Amidst these happenings, on-chain data
The XRP community has been eagerly awaiting a resolution to the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). Many believe that this case has cast a dark shadow over the XRP market, causing uncertainty and suppressing the price of the token. However, one crypto analyst from the ‘Discover Crypto’ YouTube