Category: Latest news

[ad_1] Definitions The total amount of coins held on exchange addresses, STBL is a virtual asset that aggregates the data of all ERC20 stablecoins supported on Glassnode — thereby creating a metric that sums up all exchange balances across stablecoins. Stablecoins included are BUSD, GUSD, HSUD, DAI, USDP, EURS, SAI, sUSD, USDT, and USDC. Quick…

[ad_1] KuCoin user count and transaction volume on spot and futures markets exceeded 27 million and $3.6 trillion respectively, according to KuCoin’s 2022 Annual Review report. Throughout 2022, the exchange welcomed over 13 million new users, which indicates a 102% year-over-year growth, according to the report. Of these new users, 7 million, corresponding to 53.8%,…

[ad_1] Former governor of the Indian central bank Raghuram Rajan said that the collapse in crypto prices last year suggests that the industry has received its deserved fate, according to Reuters. However, the fall in price will enable investors to focus on the “true value” of digital assets, distributed ledger technology and smart contracts, Rajan…

[ad_1] National Australia Bank (NAB) — one of the four largest banks in the country — is gearing up to launch a stablecoin on the Ethereum (ETH) network, the Australian Financial Review (AFR) reported. The stablecoin called AUDN will be backed 1:1 by Australian Dollars (AUD) held on trust at NAB. AUDN 2022 mint The…

[ad_1] Cryptocurrency news company Coindesk is seeking a buyer through investment bankers, The Wall Street Journal reported Jan. 18. Coindesk CEO Kevin Worth told the Journal that his company has “received numerous inbound indications of interest” in recent months. Worth did not indicate which companies are interested in buying Coindesk. However, he told the news…

[ad_1] Ripple CEO Brad Garlinghouse has said that his company’s legal conflict with the U.S. Securities and Exchange Commission will likely conclude in the first half of 2023. On Jan. 18, Garlinghouse spoke to CNBC at the WEF’s Davos conference. He said: “We’re optimistic that this will certainly be resolved in 2023, and maybe [in]…

[ad_1] CFTC Commissioner Christy Goldsmith Romero has asked the U.S. Senate to tighten a piece of crypto regulation, according to a Jan. 18 report from the Wall Street Journal. Commissioner warns against self-certification Goldsmith Romero said today: “I urge Congress to avoid permitting newly-regulated crypto exchanges to self-certify products for listing.” That advice concerns a…

[ad_1] The biggest news in the cryptoverse for Jan. 18 saw rumors circulate suggesting that Genesis is preparing a prepackaged bankruptcy filing. Meanwhile, Ethereum development firm ConsenSys announced that it will lay off about 11% of its workforce. Elsewhere, the Hong Kong-based exchange Bitlavo has been seized, the Bank of Spain has approved a euro-pegged…

[ad_1] ConsenSys Advisory, Development, Education, Technology, Venture Capital Company in North America ConsenSys is a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions and developer tools for blockchain ecosystems, focused primarily on Ethereum.. More about ConsenSys Info Twitter LinkedIn [ad_2] Source link

[ad_1] Data analyzed by CryptoSlate showed a strong contrast between Bitcoin and Ethereum Spot to Futures Volume (SFV) trends, with the former’s SFV continuing to rise. The Spot to Futures Volume metric looks at the ratio of spot volume against futures volume for a particular cryptocurrency. Spot price refers to the current quote for the…