Category: Latest news

[ad_1] Crypto derivatives trading was responsible for 63.4% of the entire crypto market in September as its trading increased by 1.54% month over month to reach $2.71 trillion, according to CryptoComapre data. Changpeng Zho-led Binance accounted for 60.1% of this derivatives trading volume among exchanges in September. This trend continued from July and August when…

[ad_1] Following the fallout from the Terra implosion and subsequent market deleveraging, Bitcoin bottomed at $17,600 on June 22. Although the BTC price recovered to $25,300 some two months later, it is fair to say price action since that local top has been stagnant. Particularly since mid-September, with BTC ranging between $18,100 and $20,500. On-chain…

[ad_1] Moldova has banned crypto mining activities and the importation of its equipment because of the growing energy crisis, EPrimeFeed reported Oct. 26. According to the report, Moldova’s Commission for Emergency Situations (CES) decided to embrace this measure in light of the energy crisis that has engulfed the region. Reports revealed that Moldovan President Maia…

[ad_1] South Korean city Busan has signed a business agreement with two international cryptocurrency exchanges, Crypto.com and Gate.io, to grow its blockchain ecosystem. The development highlights one of Busan’s numerous efforts to embrace blockchain and let it strive within its region. As revealed, both Crypto.com and Gate.io will set up regional offices in the city.…

[ad_1] Data from Coinglass showed a further $314.97 million crypto shorts were liquidated since the Euro trading session opened. This move brings the total liquidations over the last 24 hours to $1.12 billion. Source: Coinglass.com Shorts get rekt Over the last 24 hours, $66.4 billion of capital has flooded into the crypto market (+7%,) taking…

[ad_1] Former BitMEX CEO Arthur Hayes posted an extensive Medium article titled “Comeback.” It went into depth on the complicated relationship between China and Hong Kong and how he is hopeful that the latter can restore its crypto hub standing. If so, what might this mean for the broader crypto market? China’s anti-crypto stance China’s…

[ad_1] The Monetary Authority of Singapore (MAS) published two consultation papers via its official website on Oct. 26, highlighting regulatory measures for implementation applicable to digital payment token services and stablecoin issuers. The paper is based on the premise that crypto assets are “inherently speculative and highly risky “ and comes after the MAS’ idea…

[ad_1] Season 6, Episode 18 of the Mint Podcast with Adam Levy features Stani Kulechov. He is the founder of Aave: one of crypto’s largest decentralized non-custodial liquidity protocols, and Lens Protocol: a decentralized social graph for building web3 social platforms. One of the biggest applications in web3 social is creating a profile for someone…

[ad_1] The Financial Services Commission (FSC), South Korea’s financial regulator, will monitor the country’s largest crypto holders after raising concerns about the high risk associated with money laundering single-asset virtual assets and stablecoins, according to local media reports. The decision is made to subject virtual asset operators, businesses, and individuals who hold over $70,000 worth…

[ad_1] Over $750 million in crypto shorts have been liquidated over the past 4 hours as Bitcoin reclaims $20,000. Bitcoin and Ethereum led the liquidations, with $356.14 million and $328.18 million, respectively, wiped out. Data from Coinglass below highlights the breakdown across the cryptocurrency industry. Source: Coinglass The liquidations mark a three-month high, as shown…