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Category: BitCoin

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With 40-day highs, Enjin Coin outperforms the top 100 cryptocurrencies

Enjin Coin leads the top 100 cryptocurrencies as it teases new platform User Interface (UI).   Enjin Coin price analysis The performance of the coin’s weekly price also impressed, ranking it as the second-largest gainer over the course of the period with a gain of 20.7%. With a growth rate of 23.7 percent over the…
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USDT tether supply reaches $80 billion for the first time in nearly a year

According to the data compiled by Vipkhoone, Tether’s $25.05 billion in 24-hour trading volume is six times that of its closest rival. The USDT supply of Tether reached $83.13 billion earlier today, its all-time high, for the first time in 11 months. From $66.2 billion at the beginning of the year, USDT’s supply increased by…
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A county in North Carolina introduces a temporary ban on crypto mining

Officials aims to impose a one-year moratorium and create a standard for land use. North Carolina’s Buncombe County is considering a temporary one-year crypto mining ban, according to a report from Citizen Times on April 5.     Buncombe County proposes moratorium According to that report, on April 4, the Buncombe County Board of Commissioners approved a…
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Binance revokes its license for derivatives in Australia

Binance abruptly closed the derivatives position for its Australian users in February, citing compliance with local laws. On April 5, Oztures Trading Pty Ltd, which trades under the name Binance Australia Derivatives, submitted a request to the Australian Securities and Investments Commission (ASIC) to revoke its derivatives license. The request has been granted, according to…
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According to CZ, Binance cannot become a hybrid exchange with the current blockchain throughput

According to CZ, Binance cannot become a hybrid exchange with the current blockchain throughput   Changpeng ‘CZ’ Zhao believes the crypto industry needs more decentralized exchanges (DEXs). Changpeng “CZ” Zhao, the chief executive officer of Binance, stated that the company is “not there yet” to become a hybrid exchange. CZ was answering a local area…
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As the community votes on the proposed Solana migration, the render token goes up 8%

Render Network says the Solana migration was necessary because of “future network growth.” Render Organization’s RNDR is up 8% as of now after the local area began deciding on a proposed movement to Solana (SOL). According to Vipkhoone’s data, the token is currently trading at $1.37 and has increased by 15.8% in the past seven…
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Uphold claims that it has never delisted XRP; has in reserve tokens worth $1.04 billion

Ripple XRP has legally battled with the United States Securities and Exchange Commission (SEC) since 2020. According to a recent report, Attorney John Deaton has praised Uphold Exchange for its support of the Ripple community. In addition, it currently possesses a significant amount of XRP in reserve. Uphold stated unwavering support for XRP and the…
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Research: Ethereum derivatives traders warn against upgrading Shanghai

Trader uncertainty lingers going into Shanghai upgrade, but muted optimism prevails post-event . Using Glassnode data to decipher traders’ positions, we delve deeply into the market sentiment surrounding Ethereum’s highly anticipated Shanghai upgrade. We uncover a surprising trend in market sentiment by focusing on important metrics like Open Interest, Funding Rate Spread, and Options 25…
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Shiba Inu is one of the most popular crypto assets: The CoinMarketCap Q1 report

The second largest meme coin Shiba Inu has been displaying impressive price actions this year, sparking the interest of traders globally. After Bitcoin (BTC) and Baby Doge Coin (BABYDOGE), Shiba Inu ranked among the most viewed cryptocurrencies on CoinMarketCap’s platform in the first quarter of 2023. This report recommends that financial backers across the globe…
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Paxful puts an end to the market

Company CEO announced the suspension via a written message, noting that the suspension is likely to be permanent. Distributed trade Paxful declared it is suspending its commercial center, as indicated by a composed message by its President, Beam Youssef. Crypto influencer @callebtc shared a screenshot of the message. It said in the message: “Today, Paxful…
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