Markets

Could a crypto world exist without Binance? Many analysts and traders are weighing in on this subject given the world’s largest digital currency exchange is facing a huge lawsuit from the Securities and Exchange Commission (SEC). Could Binance Come to an End? Not long ago, the SEC filed charges against Binance and claimed the company had broken securities laws for many years. It also said Binance had commingled company funds with those of customers. The exchange...

The leading financial technology company – Revolut – reportedly plans to increase its global cryptocurrency team by hiring up to 20% more employees by the end of 2023. The move comes somewhat unexpectedly since the firm recently disclosed that it will suspend digital asset services to US-based customers from September. As revealed by Financial News, Revolut is set to onboard over 1,000 people this year across the United Kingdom, Europe, and India. Approximately 40% of those...

Ramp Network – a fintech startup that offers payment infrastructure to connect crypto and traditional finance – added support to the Ethereum Layer 2 chain Base.  The integration will aid third-party developers and enable clients to convert dozens of fiat currencies into ETH and USDC. ‘Exciting Times Ahead’ According to a document seen by CryptoPotato, Ramp Network has dived even further into the world of crypto by integrating the Coinbase-developed Layer 2 network – Base....

CoinspeakerCircle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy The Circle CEO said that it's time for the US to build on-chain dollars and embrace the multichain future, otherwise, the reserve currency could lose market share to China and Europe. Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy

CoinspeakerUS SEC Could Dismiss Coinbase Motion Similar to Terraform Labs The SEC's handling of the Green United case offers insights into its potential approach to Coinbase's motion to dismiss, emphasizing the significance of the "major questions doctrine" in cryptocurrency lawsuits. US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs

Bitcoin price started a fresh decline from the $30,200 zone against the US Dollar. The price is now trading above $29,200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $29,000 support zone. Bitcoin price is declining below $29,600 against the US Dollar. BTC might eye...

Ethereum price is eyeing an upside break above the $1,885 resistance against the US Dollar. ETH price is now trading above $1,835 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,835 support zone. Ethereum price is consolidating above the $1,835 level against the US Dollar. ETH/USD could rise...

Ripple price started a fresh decline below the $0.685 zone against the US dollar. The price is now trading below $0.680 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.640 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.626 support zone. Ripple price is struggling below $0.685 against the US Dollar, similar to Bitcoin. XRP price...

Binance became the first fully licensed cryptocurrency exchange in El Salvador after receiving Bitcoin Services Provider license (BSP) and Digital Assets Services Provider license (DASP) from the domestic regulators. The firm’s impressive expansion over the years includes nations like Italy, France, Sweden, Australia, the United Arab Emirates (UAE), Japan, and many more. The world’s largest cryptocurrency exchange – Binance – announced that the obtained authorization from El...

[Press Release – Abu Dhabi, UAE, August 9th, 2023] Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and implement the National Carbon Credit System. This landmark partnership represents a significant step towards leveraging blockchain technology to address environmental challenges and promote sustainability on a national...