Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up FUNToken is excited to announce that it has been listed on MEXC, a top-tier cryptocurrency exchange. This is a significant milestone for FUNToken, giving users more options to trade and buy FUN on different exchanges. The FUN/USDT trading pair is available on MEXC as of May 9th, providing users with a fast,...
Read More »Circle Adjusting Its USDC Reserves for Avoiding US Default Risks
Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury. In a recent development, USDC stablecoin issuer Circle has reported that it has recently adjusted its reserve treasury in order to avoid the risks of US debt defaults. On Wednesday, May 10, Circle CEO Jeremy Allaire appraised the same stating that the firm has adjusted the mix of reserves backing the stablecoin USDC by...
Read More »Tether (USDT) Emerges as Prefered Stablecoin amid US Banking Crisis with Over $86B in Total Supply
The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among others. On the Ethereum network, Tether (USDT) has more than $36 billion in supply with about 4.3 million holders. The Tron network holds a vast amount of...
Read More »Liechtenstein Could Embrace Bitcoin as a Payment Method for Gvmt Services, Says PM
The Prime Minister of Liechtenstein – Daniel Risch – said the local lawmakers plan to enable bitcoin payments for various government services. However, he did not disclose whether the country will adopt the primary cryptocurrency as a legal tender. Another country that has turned its focus toward BTC is Liechtenstein’s western neighbor – Switzerland – and, more specifically, the city of Lugano. The domestic authorities have developed an infrastructure to make Bitcoin,...
Read More »XRP Fails to Keep Up, Is a Crash Below $0.45 Coming? (Ripple Price Analysis)
Ripple’s price action has been relatively bearish recently, following a rejection from a significant resistance level. Currently, XRP is trading near a key support level, and its reaction would determine the short-term market trend. Technical Analysis By: Edris XRP/USDT Daily Chart The price is ranging around the 50-day moving average, located near the $0.46 level. A breakdown of this moving average would lead make the market retreat further towards the $0.4 support level and...
Read More »Binance to List FLOKI and PEPE in Innovation Zone
The announcement from Binance seems to have caused some excitement in the market as PEPE saw a surge of over 40%, while FLOKI increased by over 60%. Binance, the world’s largest cryptocurrency exchange, has confirmed the listing of Floki Inu (FLOKI) and PEPE in the Innovation Zone on its platform. According to the firm, a listing fee of 0 BNB applies to trade pairs featuring the duo of FLOKI and PEPE. As per a published statement, Binance also ascertained that by the latter part of today,...
Read More »EUROC: Bitstamp verschenkt digitale Euros
Bitstamp ist eine der ältesten Bitcoin-Börsen und wurde 2011 in Slowenien gegründet. Die Börse hat sich auf den Handel mit Kryptowährungen wie Bitcoin, Ethereum, Litecoin und Ripple spezialisiert und bietet Benutzern die Möglichkeit, diese digitalen Vermögenswerte gegen Fiat-Währungen wie US-Dollar, Euro und britische Pfund zu handeln. Die Plattform ist bekannt für ihre hohe Sicherheit und hat sich in der Vergangenheit als zuverlässig erwiesen. Bitstamp ist eine regulierte Börse, die in...
Read More »XRP at Crossroads, is $0.5 Coming or is Another Drop Imminent? (Ripple Price Analysis)
Ripple’s price was rejected from a key resistance level a few weeks ago, highlighting indecisiveness. Even so, there is still hope for the bulls that the rally is not over. Technical Analysis By: Edris XRP/USDT Daily Chart XRP’s price failed to break through the $0.55 resistance level and has been dropping since. The 50-day moving average is currently providing support near the $0.46 mark and is closely followed by the 200-day moving average at around $0.41. This confluence...
Read More »Do Kwon Lawyers Tells SEC to Back Off Due to Lack of Jurisdictions Over Terra Products
Do Kwon’s lawyers indicated that Coinbase does not list securities, and the SEC has not been granted the powers by Congress to regulate digital assets as securities or commodities. The Terra Luna and Do Kwon case could be headed in a different direction after a South Korean court ruled that the rebranded LUNC project is not a security product. As a result, Do Kwon’s lawyers were motivated to ask the United States Securities and Exchange Commission (SEC) to stop pushing with the legal...
Read More »KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement
KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...
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