Binance’s Market Share Drops Amidst Recent Regulatory Woes.
Binance’s market share as of December was 30.1%, down from 55% at the start of the year. A number of high-ranking executives left the organization this year.Spot market share for…
El Salvador’s Bitcoin ‘Volcano Bonds’ Receive Regulatory Green Light for 2024 Debut
El Salvador’s long-anticipated Volcano Bonds have received regulatory approval, paving the way for a rollout in 2024.El Salvador’s Bitcoin-backed bonds – Volcano Bonds – that the Latin American nation wants…
Conio and Coinbase Join Forces for Institutional Crypto Expansion in Italy.
With over 400,000 users, Conio is teaming up with Coinbase Prime to expand wallet support.Conio is highly active in the adoption of digital assets by institutions.Poste Italiane and Banca Generali’s…
FIFA+ Collect and Modex Partner for Exclusive Digital Collectibles at FIFA Club World Cup 2023
Drop coincides with the announcement of a new partnership between Modex and FIFA, wherein Modex will take over strategic administration of FIFA+ Collect. Prior to the competition, new items will…
Goldman Sachs Revises Fed’s First Interest Rate Decrease Prediction.
To rein down inflation, the Federal Reserve began its tightening cycle in March 2022. Crypto and other risky assets were hit hard by the increase in borrowing rates last year.…
HTX Exchange Sees $258M Outflows Post-Recovery from Exploits.
This behavior suggests that customers are still feeling uneasy about the security issue. Hackers have targeted Sun-related projects multiple times recently.Following its recovery from a devastating attack, the HTX exchange…
IRS Intensifies Efforts to Combat Crypto-related Tax Evasion.
IRS criminal division observes rise in crypto tax evasion cases, shifting focus from money laundering to tax evasion.According to a report from the Internal Revenue Service (IRS) criminal investigations division,…
Bitcoin Dumps 5% in an Hour, Why Are Crypto Markets Tanking?
Bitcoin and crypto markets have taken a sharp turn south during Monday morning trading in Asia. The largest digital asset crashed almost 5% in just over an hour, slumping from…
No Influx of New Users for Ethereum Despite Spot ETH ETF Hype.
The number of new Ethereum users have not been rising lately, unlike the asset’s price. Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past…
Binance Research Report Reveals 110% Surge in Crypto Market Cap YTD
Positive shift in stablecoin supply, NFT trade volume resurgence, and increased fees signal crypto market maturation. A recent report from Binance Research reveals a remarkable surge in the total cryptocurrency…