Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark […]
Tag: exchange
Ethereum’s Declining Exchange Balance Signals Strong Hodling Sentiment, Exchange Balance At 14,580,091.144 ETH
Ethereum (ETH) is experiencing a remarkable trend as its balance on cryptocurrency exchanges hits a five-year low, currently standing at just 14,580,091.144 ETH. This significant decrease in the amount of Ethereum held on exchanges is a clear indicator of a growing “diamond hands” sentiment within the cryptocurrency community. About 4,000 […]
Mt. Gox Trustee Extends Repayment Deadline Amidst Ongoing Saga But There’s A Catch
The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale […]
Bitcoin Traders’ Aggressive Shorting On Binance Can Potentially Cause A Price Increase Impact, Here’s How
In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a […]
Cryptocurrency Exchange Supply Trends Signal Market Sentiment
The cryptocurrency market is in a state of flux, with Bitcoin and Ethereum exchange supplies showing a steady decline, while Tether, the popular stablecoin, is resurging in circulation. These trends offer valuable insights into the current sentiment and potential future movements within the crypto space. Bitcoin and Ethereum, the two […]
Bitcoin Sees Modest 2% Price Surge, But Rising Exchange Supply Signals Caution
Bitcoin, the world’s most renowned cryptocurrency, has experienced a modest resurgence, with its price jumping by 2% to reach $26.3K after a week of stagnation. While this uptick is welcomed by many investors, it is essential to examine the underlying dynamics affecting the market. Increased Supply On Exchanges One noteworthy […]
Only 5.8% Of Bitcoin Supply Is Held On Exchanges
The current state of Bitcoin’s distribution and whale activity reflects a significant shift in the cryptocurrency landscape since its peak in December 2017. With only 5.8% of Bitcoin supply held on exchanges, the lowest since 2017, there’s a growing trend of investors withdrawing their assets from centralized platforms. Implications This […]
Bitcoin Exchange Balance Hits Lowest Value Since 2018: Implications
The decline in the Bitcoin balance held on exchange addresses, reaching a value of 2.26 million BTC, represents a significant shift in the dynamics of the cryptocurrency market. This balance is the lowest recorded since March 14, 2018, marking a span of 1,939 days. Such a trend indicates a gradual […]
Breaking Barriers: Crypto Adoption Unleashed By Top Investment Giants Like Citadel
The recent launch of EDX Markets, a new crypto exchange, in collaboration with prominent investment bodies including Citadel, Fidelity, Charles Schwab, Sequoia Capital, Virtu Financial, and Paradigm, showcases a notable shift in the attitude of top investment entities towards the cryptocurrency industry. This move comes despite the recent regulatory crackdown […]
Top 5 Decentralized Exchange Tokens Below the $6 Price Mark to Watch in September 2022
As the phrase implies, a Decentralized Exchange is a platform that allows its users to trade, swap or undergo any form of transaction without the need for any intermediaries. Decentralized Exchange Tokens are safer to deal with and by nature, have attracted a steady stream of Funds. Currently, it has […]
Bittrex Cryptocurrency Exchange Review 2022
What Is Bittrex Bittrex Global is a cryptocurrency exchange that targets traders who already have a significant amount of experience in the industry. They started their business in 2011 and were based in Seattle, which is situated in the state of Washington in the United States; however, they have since […]
Brazilian Exchange “bought” news Portal accused of manipulation
On August 6th, Mercado Bitcoin, one of the largest cryptocurrency exchanges in South America, announced the bought of Portal do Bitcoin, a news portal focused on cryptocurrencies and technology-related topics. https://cointelegraph.com.br/news/mercado-bitcoin-holding-buys-bitcoin-portal Despite the Brazilian exchange, in a paid advertisement considering this activity as beneficial to the cryptocurrency market, some cryptocurrency […]
Binance Vs Neuronex: Comparison of Two Cryptocurrency Exchanges
With a global advancement of Defi, the space becomes more competitive and each year sees fresh players stepping into the game. These days, a stream of P2P exchanges is competing with traditional services, and for a reason – it provides more freedom and independence as opposed to a conventional exchange. […]
Bittrex Global Users can now Fund Their Account With Mastercard
Cryptocurrency exchanges will help the industry grow beyond its current capacity. Doing so requires accepting common payment methods, and Bittrex Global is doing exactly that. It has been a while since Bittrex Global made news headlines. Mastercard Funding for Bittrex Global Users Not because the company isn’t working hard, but […]
Foreign Crypto Exchanges Receive More web Traffic From Russia
Russia is always an interesting region when it comes to Bitcoin and other cryptocurrencies. Despite the nation’s negative sentiment toward this form of money, citizens are actively visiting crypto exchanges and trading platforms. The demand for Bitcoin and altcoins appears to be rising in Russia. More Exchange Traffic From Russia […]
Binance Costs Users Potentially Millions by Removing Leveraged Tokens
Binance is the world’s leading cryptocurrency exchange. While that may be the case, its recent business decision is annoying a lot of users, and is seemingly driven by greed first and foremost. There are hundreds of trading pairs on the Binance exchange. Binance Takes the Easy way out Some of […]
The Secret of Becoming Better Than BNB And HT
By now, so many exchanges shut down and fell in the line of duty it almost makes you nervous to trust newcomers. Let’s raise a glass to our fallen comrades. Those Who Died so That we May live The Bitcoin Market was the first-ever Bitcoin Exchange that took a hit […]
TradeSatoshi is the Latest Crypto Exchange to Shut Down
Cryptocurrency exchanges play a core role in the industry. Users of TradeSatoshi may want to move money off this trading platform as quickly as possible. TradeSatoshi is one of those trading platforms catering to a niche audience first and foremost. Curtain Call for TradeSatoshi Due to it being rather unknown, […]