Cryptocurrency Market

  • Market Cap: $2,645,735,980,270.53
  • 24h Vol: $70,427,314,844.82
  • BTC Dominance: 58.29%

crypto assets

bitzlato-executives-arrested-in-europe,-exchange-laundered-e1-billion,-europol-says

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says

European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato […]

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says Read More »

south-african-dispute-resolution-office-says-it-now-considers-crypto-related-complaints

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints

According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will

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bitcoin’s-crypto-market-action-holds-the-upper-hand-as-dominance-level-surpasses-40%

Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40%

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among

Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% Read More »

binance-to-increase-presence-in-poland-in-compliance-with-local-regulations

Binance to Increase Presence in Poland in Compliance With Local Regulations

Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves Forward With Plans to Expand Operations in Poland Binance, the world’s largest digital

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nexo-agrees-to-pay-$45-million-to-sec-and-state-regulators-for-unregistered-offering-of-earn-interest-product

Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no deny” basis and that the

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ukraine-to-be-best-crypto-jurisdiction-with-new-tax-rules,-digital-minister-says-in-davos

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos

Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto Donations Have Been Critically Helpful to Ukraine Amid Invasion, Fedorov Says During the

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ethereum-gas-fees-spike-as-eth-value-rises:-average-onchain-fees-jump-by-more-than-50%

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50% Read More »

rising-bitcoin-prices-cause-cascade-of-short-liquidations,-highest-ratio-of-short-vs.-long-wipeouts-since-july-2021

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021

The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021 Read More »

smart-contract-tokens,-defi-economy-see-strong-growth,-market-capitalization-swells-by-$78-billion-in-30-days

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days Read More »

hungarians-interested-in-investment-potential-of-cryptocurrencies,-poll-shows

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto Profits Are Taxed and What Rules Apply to Such Investments With increased global

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows Read More »