Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authorities

Tether’s USDT stablecoin discount on centralized exchanges like Binance and Coinbase has widened to its highest point since July, according to data from Paris-based crypto data provider Kaiko. This follows the stablecoin issuer’s recent revelation of its extensive cooperation with the U.S. authorities. Data from CryptoSlate corroborates this finding, with the USDT stablecoin currently trading […]

Crypto Whales Heavily Loading Up on Ethereum, Accumulate $230,000,000 in ETH in One Week: Trader

A closely followed analyst says that crypto whales have gobbled up hundreds of millions of dollars worth of top altcoin Ethereum (ETH) during the last seven days. In a new thread, crypto strategist Ali Martinez tells his 36,100 followers on the social media platform X that deep-pocketed traders have accumulated tens of thousands of ETH […]

Bitcoin Slides Below $41k as Trading Activity Cools Over Weekend

The post Bitcoin Slides Below $41k as Trading Activity Cools Over Weekend appeared on BitcoinEthereumNews.com. Bitcoin edged lower over the weekend, dipping below the $41k threshold on Sunday as the broader crypto market saw renewed selling pressure. The slide extended Bitcoin’s pullback after failing to overcome resistance around $43k on Saturday. Keypoints Bitcoin price dropped […]

OKX NFT platform tops Blur and OpenSea in daily trading volume

Crypto exchange OKX’s nonfungible token (NFT) arm surpassed the 24-hour trading volume of other prominent NFT marketplaces like OpenSea, Blur and Magic Eden. On Dec. 18, the OKX NFT marketplace recorded a daily trading volume of around $50 million at around 10:00 am UTC, according to decentralized applications (DApp) data tracker DappRadar. At the time […]

Why AI Needs Benchmark for Mental Health Apps

The post Why AI Needs Benchmark for Mental Health Apps appeared on BitcoinEthereumNews.com. Over the years, people needed a decent level of experience in the mental health field and programming talent to create mental health apps. However, AI technology has barreled through the sector, making it much easier for people to craft these apps. While […]

ADA price stable during correction, Polkadot (DOT) and Borroe Finance ($ROE) ready to ignite

ADA’s stability, DOT’s innovation, and Borroe Finance’s ($ROE) presale success mark them as top crypto picks. While the market is going through its ups and downs, ADA’s price stability is catching the eye. Polkadot (DOT) and the rising star, Borroe…

Loans via Blockchains Surge 55% in 2023

In a significant development for the crypto finance sector, blockchain-based loans have seen a remarkable surge of 55% in 2023. The total value of these loans has rebounded to $581 million, reflecting the growing trust and adoption of blockchain technology in the financial landscape. The surge in blockchain-powered private loans comes amid a period of […]

FTX Bankruptcy Legal Expenses Reportedly Climbs Over $350 Million

The post FTX Bankruptcy Legal Expenses Reportedly Climbs Over $350 Million appeared on BitcoinEthereumNews.com. Professional services related to forensic investigations were charged $13.3 million. The bankruptcy attorneys have charged a minimum of $118.1 million for 3 months. New pay documentation reveals that in the three months ending October 31, the now-defunct cryptocurrency exchange FTX spent […]

Hut 8 agrees to develop mining site to build equity with Celsius creditors

The post Hut 8 agrees to develop mining site to build equity with Celsius creditors appeared on BitcoinEthereumNews.com. The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the Celsius Network bankruptcy proceedings. Announcing the news on Dec. 18, Hut 8 […]

Bitcoin (BTC) Price Nears $45K; Solana (SOL) & InQubeta (QUBE) Buzz Grows

The post Bitcoin (BTC) Price Nears $45K; Solana (SOL) & InQubeta (QUBE) Buzz Grows appeared first on Coinpedia Fintech News Are you ready for the latest buzz in the beginner cryptocurrency realm? Bitcoin (BTC) is flirting with the $45,000 mark, Solana (SOL) is making waves with its recent surge, and the excitement around InQubeta (QUBE) […]