In the world of cryptocurrency trading, decentralized exchanges (DEX) and centralized exchanges play a crucial role. Recent data from DefiLlama and The Block show a significant shift in trading volumes between these two types of exchanges. While DEX saw a decrease of 9% in spot trading volume last month, centralized exchanges experienced an 8% increase
Amidst Bitcoin’s recent price volatility, including a drop below $50,000, many analysts have revised their predictions for the future of the cryptocurrency. One crypto analyst, known as CryptoCon, remains optimistic about Bitcoin’s bull run trajectory. Despite the current price corrections, CryptoCon forecasts a sharp rise to over $100,000 once stability returns to the market. CryptoCon’s
Recently, Tigran Gambaryan, a prominent executive at Binance, found himself in a legal battle in Nigeria. Facing charges of money laundering, Gambaryan made a fresh bail request on medical grounds during a court appearance on Sept. 2. His legal team cited his deteriorating health in prison as the basis for the application. According to a
The Qatar Financial Centre (QFC) in Doha has recently announced the launch of the QFC Digital Assets Framework 2024. This initiative invites both local and international companies to apply for licenses to operate as token service providers under the new regulatory framework. The framework covers various aspects of digital assets, such as tokenization, legal recognition
In a recent announcement, crypto exchange OKX’s Singaporean entity, OKX SG, revealed that they have successfully secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore as it provides businesses with the ability to operate without daily or monthly transaction limits. To be eligible
Aayush Jindal’s journey in the financial markets began at a young age, where he displayed a remarkable talent for deciphering complex systems and patterns. This early aptitude for understanding market dynamics laid the foundation for his future success in the realms of Forex and cryptocurrency trading. With a keen eye for detail and a commitment
Bitcoin’s price has been on a rollercoaster ride in recent days, with significant fluctuations that can be attributed to a variety of factors. One of the most pressing issues is the looming threat of a US recession, which has created palpable tension in financial markets. This uncertainty is particularly relevant for Bitcoin, as the cryptocurrency
Bitcoin has recently experienced its second worst monthly close of the year in 2024, with an 8.6% loss in August. This is only surpassed by April’s losses, where the price fell by 14.76% in one month. The red close in August has created unease among investors, leading to mixed feelings about the upcoming month of
The price of Ethereum has once again taken a hit, slipping below the $2,550 support level. This decline has sparked concerns among investors, with many fearing that ETH could plummet towards the $2,250 support zone before any signs of a bullish reversal emerge. As Ethereum enters a fresh decline, it is crucial to analyze the
Opeyemi is a dedicated writer with a deep passion for the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become completely enamored with it over the past two years. He takes pride in crafting unique pieces that demystify the complexities of blockchain technology and provide insights into the latest trends