Ethereum (ETH) staked by investors has outstripped the ETH balance on centralized exchanges, including Binance and Coinbase, Nansen data indicates. As of June 26, 2023, 23.36 million ETH worth nearly $44 billion, which represents 19.4% of the current supply, was staked, according to Nansen data. Comparatively, Ethereum held by centralized exchanges fell short at 23.35 […]
Russian Ruble-USDT Trading Volume Hits a 6-Month High Amid Wagner Mutiny
The rebellion which Wagner Group (a Russian private military company comprised of mercenaries) led against Putin’s regime seems to have caused an increased interest in trading Ruble against USDT. According to data presented by Kaiko, the USDT-Russian ruble trading volume has surged to its highest level since December 2022. Apart from revealing serious cracks in […]
StealthEX Is Now Featured on ICO Hot List
StealthEX, an instant crypto exchange, is happy to enter into a partnership with ICO Hot List, an independent platform that lists the most promising ICOs and crypto projects. About StealthEX Limitless Crypto Exchange StealthEX is a non-custodial instant crypto exchange that allows for unlimited and seamless crypto exchanges. Anyone can use StealthEX without having to […]
FTX Team Reports Recovery of Whopping $7 Billion
The exchange has an $8.7 billion debt to its consumers as per the investigation report. Misuse of stablecoins and fiat cash accounts for $6.4 billion, according to the research. A fresh investigation report by the defunct exchange claims that the new FTX management team has recovered $7 billion. Furthermore, the new administration claims to have […]
INJ Price Analysis: Injective Price Set For Massive Upswing in Coming Weeks
The post INJ Price Analysis: Injective Price Set For Massive Upswing in Coming Weeks appeared first on Coinpedia Fintech News As Bitcoin price held above $30k in the past few days in anticipation of a continued bullish outlook, an upcoming smart contract blockchain dubbed Injective (INJ) has attracted huge attention after rallying more than 442 […]
Ethscriptions vs Ordinals: a deep dive into the new web3 phenomena
Ethscriptions and Ordinals may change how we interact with blockchain technology. Discover how they work and their impacts on the world of crypto. In January 2023, the introduction of Bitcoin Ordinal Inscriptions (Ordinals) significantly impacted the web3 space. These inscriptions…
Hong Kong VAC Unveils Comprehensive Virtual Asset Index: Not Without Controversy
The post Hong Kong VAC Unveils Comprehensive Virtual Asset Index: Not Without Controversy appeared first on Coinpedia Fintech News In a significant move to monitor and influence the digital asset space, Hong Kong Virtual Asset Classification (HKVAC) has announced its much-anticipated virtual asset index. This comprehensive index includes major cryptocurrencies like Bitcoin (BTC) and Ethereum […]
Binance Retaliation To SEC Claims Brings BNB Volatility That Avorak Thrives On
The post Binance Retaliation To SEC Claims Brings BNB Volatility That Avorak Thrives On appeared first on Coinpedia Fintech News The crypto market is highly characterized by high volatility originating from increased emotions. The market is considered “high risk” by regulators due to its nature of decentralization and its workability that impairs regulatory scrutiny. The […]
Crypto Market News: Whale Trading Activity Lowers Volatility Spread Between Ether and Bitcoin
The post Crypto Market News: Whale Trading Activity Lowers Volatility Spread Between Ether and Bitcoin appeared first on Coinpedia Fintech News Options contracts tied to ether (ETH) valued at $2.3 billion are approaching their expiry on popular crypto derivatives exchange Deribit this Friday. In anticipation of this crucial quarterly settlement, there is a narrow spread […]
Circle (USDC) Eyes Asia’s Growing Demand for US Dollar-Backed Stablecoins
Circle closely monitors Asia’s emerging crypto markets, with a focus on Hong Kong and regulatory developments. Continue reading at DailyCoin.