Category: Latest news

[ad_1] Ad MetaMask parent company Consensys has confirmed a partnership with payment provider Mercuryo to allow users to purchase crypto directly using their bank cards, and other local payment methods. The hassle of identity verification on centralized exchanges has deterred many users with little crypto experience from on-ramping their fiat to crypto for use in…

[ad_1] Ad Bitcoin’s (BTC) price soared beyond $25,000 for the first time since June 2022 — peaking at $25,104, according to CryptoSlate’s data. The flagship digital asset has retraced to $24,816 at the time of writing. BTC  started the year strong when it gained around 39% in January. At the time, BTC soared from around…

[ad_1] Definition Realized Price reflects the aggregate price when each coin was last spent on-chain. Using Short- and Long-Term Holder (STH, LTH) cohorts, we can calculate the realized price to reflect the aggregate cost basis for each group. Quick Take During later-stage bear markets, LTH cost basis is greater than STH cost basis, which is…

[ad_1] Ad Referencing the e-Naira, Journalist Nick Corbishley said, “A very dark experiment is underway in Nigeria.” In a tweet posted on Feb. 16, as riots broke out across several Nigerian cities, Corbishley said a failure to convince citizens to adopt the e-Naira has led to a doubling down by the central bank. “Since October…

[ad_1] Ad Almost a quarter of tokens launched in 2022 showed the characteristics of pump-and-dump (P&D) schemes, according to Chainalysis’ recent report. Over one million tokens were launched in 2022 — but only 40,521 received enough traction to be worth analyzing, according to the report. Of the 40,521 analyzed, 9,902 tokens experienced a significant price…

[ad_1] Ad The on-chain DAO platform Tally pitched the new governance proposal on Feb. 15 to the MakerDAO community. The proposed Tally governance structure would allow for: Query of on-chain OpenZeppelin Governor DAO data. Trustless treasury management and protocol upgrades. Well-designed UI — maintenance-free, no code. List Governor contracts, on-chain proposals, & accounts with delegations.…

[ad_1] Hong Kong citizens will be allowed to buy, sell, and trade crypto assets from June 1, according to the Twitter account @NoodleofBinance. Current rules limit cryptocurrency trading to professional investors — individuals with a portfolio of at least HK$8 million (US$1.02 million). @NoodleofBinance called this a bullish event, saying, “Expect a huge influx of…

[ad_1] Quick Take The past 24 hours saw $211 million in total liquidations. This resulted in $187 million of short liquidations — equating to roughly 87% of all liquidations. This was the highest amount of short liquidations since Jan. 25. Bitcoin specifically saw $88 million of liquidations in the past 24 hours. As a result…

[ad_1] Ad Cryptocurrency exchange CEX.IO has received a cease-and-desist order from the FDIC, as seen in a letter published by the U.S. regulator on Feb. 15. The Federal Deposit Insurance Corporation’s legal division said that CEX.IO has made false or misleading statements suggesting that the FDIC insures it. CEX.IO’s official website claims that “U.S. dollars…