Crypto staking fosters passive income while contributing to the security and decentralization of blockchain projects. In crypto staking, users temporarily lock their crypto assets to earn rewards. And these rewards are in the form of additional coins or tokens. The staking period, amount, and methodology vary as per the chosen projects and blockchains. Once an […]

The general market outlook stands in the redzone as crypto assets plunge to weekly lows. Onchain data shows a drop in asset prices as investors’ sentiments plunge. However, some crypto assets are moving against the downward trend posting huge gains in the last few weeks.  While the bearish trend remains, memecoins are trading against the […]

Binance, a leading cryptocurrency exchange, has announced the removal of several spot trading pairs as part of its routine reviews to ensure user protection and maintain a robust trading market. Hence, the affected spot trading pairs will be removed from Binance Spot trading on Friday, February 2 at 3 a.m. UTC. The delisting concerns popular […]

Bitcoin price fell nearly 5% from the intraday high of $64,734 after the market participants shrug off spot Bitcoin and Ether ETFs launch in Hong Kong. The selloff momentum took BTC price even lower than yesterday’s price due to high leverages in anticipation of a relief rally. However, the crypto ETFs debut in Hong Kong […]

As a subsidiary of Digital Currency Group, Genesis Global Holdco has agreed to be held liable and pay $21 million by the SEC. This agreement follows the case of a lawsuit related to a troublesome lending program, being thus one of the key parts in the ongoing drama of Genesis’s financial and legal struggles. Genesis […]

Coinbase, the largest U.S. crypto exchange by trading volume, has formally added support for the Lightning Network, a layer 2 solution that is aimed at enabling quicker and cheaper Bitcoin transactions. The roll-out that begins today follows an announcement by the exchange seven months ago, saying it will adopt the protocol. The Lightning Network is […]

The major crypto prices today were in the green as Bitcoin (BTC) extended past the $43,000 mark again while major altcoins registered a notable upswing as well. In addition, Ethereum (ETH), the second-largest crypto by market cap, also hit the $2,300 level today, however, struggled to sustain it. Furthermore, the XRP price extended over the […]

Changpeng Zhao, the former CEO of cryptocurrency exchange Binance, was recently sentenced, which led to a variety of reactions. Zhao, charged with noncompliance in the implementation of an adequate anti-money laundering program in Binance, was given four months in prison. This is in spite of the fact that the Department of Justice (DOJ) did not […]

Crypto markets are currently bracing themselves for the impact of jitters of a crisis in the banking sector. The setback to financial institutions that had started in 2023, has spilled into 2024 as well. With banks reporting losses, laying off staff, and going through cash crunches, crypto investors are now worrying about a possible price […]

Binance, a leading crypto exchange, once again grabs attention in the crypto sphere with its latest move. The platform’s announcement of adding new crypto projects as loanable assets on Binance Loans has stirred discussions among traders and investors. Notably, this strategic expansion aims to provide users with increased flexibility and opportunities within the Binance ecosystem. […]