Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts. Indian Binance P2P Users Are No Longer Able to Use Cash Indian traders could previously terminate deals after … Read more
Despite the recent approval by the US Securities and Exchange Commission (SEC) for several spot Ethereum ETFs, South Korean investors are still waiting for similar opportunities to arise. While the SEC’s decision marks a significant step forward in cryptocurrency investment, South Korea, despite its strong interest in digital assets, has yet to see the availability … Read more
During the Consensus 2024 event, Ripple CEO Brad Garlinghouse expressed confidence in the inevitability of Solana ETF approvals, following the SEC’s recent green light for Bitcoin and Ethereum ETFs. He emphasized the importance of clear regulations for digital asset growth in the US and highlighted Solana’s potential in this regard. Garlinghouse’s positive outlook, coupled with … Read more
On June 3, OKX, a prominent global cryptocurrency exchange, made its official debut in the Netherlands, unveiling a dedicated trading platform and a Web3 wallet tailored for the local market. The launch encompasses a centralized crypto exchange (CEX) and the introduction of the OKX Wallet, offering Dutch users access to approximately 150 cryptocurrencies. The platform … Read more
Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth. According to data from CryptoQuant, between May 23 and June 2, around 797,000 ETH, equivalent to $3.02 billion, has been moved off exchanges. … Read more
Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether (ETH) has been withdrawn from centralized crypto exchanges. This significant movement signals a potential forthcoming supply shortage. Data from CryptoQuant reveals a decrease of approximately 797,000 Ether, equivalent to $3.02 billion, between May … Read more
Robinhood, the widely-used trading platform, is on the verge of reaching a settlement with investors who sued the company for its decision to halt trading on certain meme stocks, including GameStop, in 2021. As per a filing made on May 28 in a Miami federal court, Robinhood’s legal team mentioned that the settlement with the … Read more
Ark Investment Management, under the leadership of Cathie Wood, has chosen to withdraw from the race to introduce a spot-Ether exchange-traded fund (ETF) in partnership with 21Shares. 21Shares Renames ETF as 21Shares Core Ethereum ETF in the midst of a shift in collaboration The US Securities and Exchange Commission (SEC) received a revised prospectus document … Read more
In the last 24 hours, a Bitcoin whale transferred 1,519 BTC, valued at over $104 million, to the centralized exchange Kraken, following a series of other whale transactions. Concurrently, BlackRock’s spot Bitcoin ETF is nearing all-time highs in assets under management (AUM). Prior to the 1,519 BTC transfer, Kraken’s wallets initiated several significant transfers ranging … Read more
Bitcoin remains a prominent player in the cryptocurrency market, but investors are also keenly interested in potential altcoin opportunities. Four altcoins drawing attention from Bitcoin investors include PawFury (PAW), Shiba Inu (SHIB), Solana (SOL), Ripple (XRP), and Ethereum (ETH). PawFury (PAW): The Exciting Newcome PawFury (PAW) is rapidly gaining popularity within the cryptocurrency community, evidenced … Read more