Vaibhavv Ali
Binance, the leading cryptocurrency exchange, has solidified its position as the market leader in 2024, processing a staggering $7.23 trillion in trading volume, according to CryptoQuant. This dominance reflects continued market confidence in the platform. Key Takeaways: Binance captured 46.59% of the total crypto market share in 2024. This dominance suggests a significant influence on … Read more
Bitcoin’s increasing correlation with the stock market is gradually eroding its role as a portfolio diversifier. This trend, evident in recent months, has raised concerns about Bitcoin’s status as a safe haven asset. Historically, Bitcoin’s appeal stemmed from its low correlation with traditional assets like stocks, making it an attractive hedge during periods of market … Read more
Dogecoin (DOGE) has shown impressive bullish momentum, crossing the $0.36 resistance level on Tuesday with a 13% gain within a 24-hour period. The meme coin outpaced rivals such as Shiba Inu (SHIB) and PEPE, gaining substantial attention in the crypto community. This surge comes as speculative fervor intensifies ahead of Donald Trump’s upcoming inauguration, drawing … Read more
Cryptocurrency derivatives exchange Deribit has engaged financial technology advisors, FT Partners, to explore potential strategic options, including a possible sale of the company. While initially hired in early 2023 to facilitate secondary stock sales for existing investors, FT Partners’ mandate has expanded to include assessing potential acquisition bids. Sources close to the matter suggest Deribit … Read more
South Korea has officially commenced discussions to develop the second phase of its crypto regulatory framework, aiming to finalize the legislation within the second half of this year. The country’s Financial Services Commission (FSC) convened a meeting on Wednesday to outline the key priorities for the upcoming bill. Vice Chairman Kim So-young emphasized the urgency … Read more
Bitcoin and Ethereum prices have staged a recovery this week after encountering support at key levels. Ripple, however, has been the standout performer, finding support at the upper boundary of a bullish symmetrical triangle pattern. Bitcoin: Rebounded from a dip below $90,000, currently trading above $97,000. A close above $100,000 could target the all-time high … Read more
Tether’s USDT, long the dominant stablecoin, is facing increased competition from USDC and FDUSD. USDC gains momentum: USDC’s supply surged by $954 million in the past month, surpassing USDT’s growth. Analysts attribute this to the positive impact of MiCA regulations, which have favored USDC issuers. FDUSD thrives in BTC trading: FDUSD commands 48% of BTC … Read more
Mudrex’s recent decision to temporarily halt crypto withdrawals, while met with initial backlash, underscores a fundamental truth in Web3: robust compliance is the bedrock of trust. Navigating the complex regulatory landscape, particularly in India, demands a proactive approach. This move, while challenging, reflects Mudrex’s commitment to upgrading its compliance framework and safeguarding user assets. This … Read more
A wallet believed to belong to Donald Trump’s family crypto venture, World Liberty Financial (WLFI), has been involved in several high-profile transactions, signaling an active presence in the cryptocurrency market. According to on-chain data from blockchain analytics firm Arkham Intelligence, the wallet recently swapped significant amounts of Bitcoin (WBTC) for Ethereum (ETH) and Tether (USDT), … Read more
In a landmark event, Ripple’s XRP cryptocurrency has achieved a significant milestone by surpassing the market capitalization of BlackRock, the world’s largest asset manager. As of January 15, 2025, XRP’s market cap has reached an impressive $162 billion, surpassing BlackRock’s $154 billion. This achievement underscores the rapid growth and increasing influence of XRP within … Read more