Bitfinex Securities El Salvador has secured a digital asset service provider license from El Salvador’s National Digital Asset Commission. This development, sanctioned under the country’s progressive Digital Assets Issuance Law, empowers Bitfinex Securities to extend its offerings in the issuance and trading of secondary digital assets through a platform that adheres to regulatory standards. El […]
FTX Repayment Begins With Discarding Crypto Exchange Restart
FTX has decided to repay its customers in full. According to Bloomberg reports, the bankrupt cryptocurrency exchange informed the bankruptcy judge that creditors and customers who can demonstrate their losses will probably be refunded with the full amount. FTX discards plans to restart the crypto exchange After two years of struggling to reach an agreement, […]
Reasons Why SUI Price Is Up 5% While Bitcoin Price Sea Saws Above $43,000
Cryptos have recorded modest gains this week with Bitcoin (BTC) and Solana (SOL) making sizeable strides among other majors like Ethereum (XRP) and XRP. Although relatively new, SUI price emerged as another notable gainer, up 5.5% to $1.6. The increase in trading volume to $480 million and the market cap holding at $1.8 billion underscore the growing interest in […]
Dogecoin Price To Pump To $1 In February If Network Activity Keeps Surging
Dogecoin price is experiencing a notable resurgence as the crypto market shows signs of revival this February. The meme-inspired digital currency is currently trading at $0.07897. This represents a slight drop of over 2% in the last day. The price of Dogecoin has recently been oscillating between $0.07700 and $0.08200. Despite initial bullish trends, it […]
Tether Prints 10% of JPMorgan’s Earnings, New Report Shows
According to the latest Tether earning report for the fourth quarter of 2023, the firm recorded $2.85 billion in profit. The report, prepared by global auditing firm BDO shows that this net profit is now 10% of JPMorgan’s earnings according to an observation made by Messari founder and CEO, Ryan Selkis. Tether Earnings Breakdown Paolo […]
3 Reasons Why Terra Classic (LUNC) Price Could Explode To $1 In 2024
Cryptocurrencies moderately rebounded this week but bulls are not in the clear yet. For instance, although Terra Classic (LUNC) climbed slightly above $0.0001 from support at $0.00009, it had corrected to $0.000095 during US business hours on Wednesday. Further losses seem to hovering across the market amid expected doldrums before an anticipated pre-halving rally. Halving is an event […]
Spot Bitcoin ETF: BlackRock Closing In On Grayscale’s Volume
The spot Bitcoin ETF race is getting more intense by the day and BlackRock’s IBTC is on the way to overtake Grayscale’s GBTC in terms of its trading volume. Grayscale Still Recording Outflows At the end of trading day 13, the spot Bitcoin ETF landscape registered up to $247 million in trading volume. Of the […]
Solana-Based Jupiter Token Listing Delayed By Binance, JUP Price Drops 50%
Solana-based DEX (Decentralized Exchange) Jupiter, echoed a sense of frenzy across the broader crypto market recently as the exchange’s community showcased noteworthy advancements in recent days. The exchange lately offered colossal airdrops to its users, whereas, on the other hand, witnessed a significant listing chronicle, nabbing noteworthy attention among crypto market enthusiasts worldwide. Meanwhile, with […]
Ethereum Price Prediction: Is $ETH Recovery Heading to $3000 in February?
On Wednesday, the second-largest cryptocurrency Ethereum is trading in red amidst a generally volatile and uncertain market sentiment ahead of the FOMC Meeting. With an intraday loss of 1.5% the ETH price plunged to $2300 trying to sustain above the 50-day EMA slope. Despite the uncertain technical outlook for recovery, Ethereum’s fundamental developments continue to […]
Ripple Faces $112.5M XRP Theft, Chris Larsen Responds
According to a recent report by ZachXBT, Ripple has suffered a massive breach, leading to a loss of approximately 213 million XRP, valued at $112.5 million. The incident, disclosed on January 31, 2024, has stirred significant concern within the cryptocurrency community, spotlighting the security protocols of major digital asset firms. In addition, XRP plummeted over […]