TL;DR Binance’s support for certain tokens drives price surges, as seen with recent additions. Delistings from the platform often lead to significant drops for affected tokens. The Binance Effect Most leading cryptocurrencies have recorded little to no price volatility in the past 24 hours, seemingly preparing for action after the final results of the US presidential elections (set for November 5). However, some assets still charted substantial gains amid the overall...
Read More »Lugano Plan B 2025: Early Bird Tickets für nur 99 Euro
PLAN ₿ FORUM Early Bird tickets for next years Lugano conference October 2025 available for CHF 99 now: PLAN ₿ FORUM, 24-25 OCTOBER 2025, LUGANODarum lohnt sich ein Besuch der Konferenz Plan B in Lugano Ein Besuch der Konferenz „Plan B“ in Lugano verspricht nicht nur tiefe Einblicke in die Welt der Blockchain und Kryptowährungen, sondern auch eine einzigartige Gelegenheit, die Zukunft dieser Technologie mitzugestalten. Diese internationale...
Read More »Tether-WSJ Fiasco Aftermath: Over $400 Million in Liquidations as BTC Dumped $3K in Minutes
Bitcoin and the altcoins went through massive volatility on Friday night after a controversial report from the Wall Street Journal, which was denied by Tether’s CEO immediately. However, the damage was done, which harmed over-leveraged traders, as the liquidations skyrocketed to over $400 million on a daily scale. CryptoPotato reported WSJ’s claims that the US federal government had launched an investigation into the company behind the world’s largest stablecoin for possible...
Read More »Plan ₿ dévoile la statue de Satoshi Nakamoto lors de son Forum à Lugano
Le forum Plan B, consacré à Bitcoin, a débuté aujourd’hui à Lugano en Suisse italienne. Organisée par la ville de Lugano en collaboration avec Tether, la conférence réunit techniciens, entrepreneurs, investisseurs et responsables politiques pour discuter d’adoption, d’économie, de liberté financière et de liberté d’expression. Plus de 110 orateurs sont annoncés, dont de nombreuses personnalités bien connues des bitcoiners, notamment...
Read More »PayPal’s PYUSD Gains Ground in Stablecoin Battle: Hashdex Research
Stablecoin giants like USDT and USDC continue to strengthen their hold on the market, expanding their dominance and market share. However, a new contender is making waves – PayPal’s PYUSD. While still relatively smaller, this emerging stablecoin is gaining momentum, signaling a potential shift, as per recent data. Stablecoin Power Shift? According to a report by the research team of asset manager Hashdex, stablecoins’ market dominance grew by 3% in the third quarter of 2024....
Read More »USDT and USDC Account for 50% of Transaction Volume Among Crypto Assets: ITB
The stablecoin market is growing, increasing liquidity and stabilizing the crypto space. This growth can be seen in the two largest stablecoins, Tether USD (USDT) and USD Coin (USDC), which are now responsible for a large portion of the crypto market’s transaction volume. A tweet by the decentralized finance analysis platform IntoTheBlock revealed that USDT and USDC now represent roughly 50% of the total transaction volume among major cryptocurrencies. IntoTheBlock’s analysts...
Read More »Bybit’s World Series of Trading (WSOT) 2024 with DEX Integration is Now Open for Registration, Offering Over 10 Million USDT in Rewards
[PRESS RELEASE – DUBAI, United Arab Emirates, October 15th, 2024] WSOT 2024 partners with the world’s top crypto ecosystem players, offering traders access to exclusive content, Web3 engagement, and a chance for incredible prizes. DUBAI, United Arab Emirates, October 14, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially opened registration for traders worldwide for the World Series of Trading (WSOT) 2024. Now in its fifth...
Read More »UN Agency Calls for Urgent Action on Crypto-Enabled Crimes in Southeast Asia
The United Nations Office on Drugs and Crime (UNODC) expressed deep concern about crypto’s role in facilitating illicit activities across Southeast Asia. It notes that the existing underground banking infrastructure, including underregulated casinos, junkets, and illegal online gambling platforms, has increasingly adopted crypto as a tool for crime. UNODC Raises Alarm Over Crypto In its latest report, the UN agency claimed that the rise of high-risk virtual asset service...
Read More »Stablecoin Liquidity is Increasing, What Does This Mean? (CryptoQuant)
Stablecoin dynamics are flashing positive, reaching record highs and boosting liquidity within the crypto market. As historical data shows, this is good news for bitcoin (BTC) and the entire crypto industry because more liquidity often correlates with higher prices. A recent CryptoQuant report revealed that the total market capitalization of major USD-backed stablecoins now stands at $169 billion, representing a 31% or $40 billion increase since the beginning of the year....
Read More »Ripple Price Analysis: Calm Before the Storm for XRP Following Long Consolidation?
Ripple’s price has been consolidating in a very tight range in the last few days, and it has yet to give any indication of its future direction. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the price has recently experienced a massive drop from the $0.65 level, breaking below the 200-day moving average, which is located near the $0.55 mark. Over the last week, the market has been moving sideways below the 200-day moving average and has...
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