Cryptocurrency Market

  • Market Cap: $2,202,697,782,745.16
  • 24h Vol: $96,677,533,945.36
  • BTC Dominance: 56.15%

Cryptocurrencies

kazakhstan-shuts-down-crypto-exchange-that-transferred-$34-million-through-binance

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance

Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS […]

Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance Read More »

binance-bans-russians-from-p2p-transactions-with-dollars-and-euros

Binance Bans Russians From P2P Transactions With Dollars and Euros

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto

Binance Bans Russians From P2P Transactions With Dollars and Euros Read More »

signature-bank-considered-a-buy-as-last-major-bank-standing-in-crypto-market-amid-silvergate-and-svb-troubles

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB), market analysts believe Signature Bank (SBNY) may be a buy as it’s considered the “last game in crypto-town,” according to Wells Fargo equity analyst Jared Shaw. Silvergate’s liquidation caused SBNY shares to sink on Friday, dropping more than 13% as

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles Read More »

us-regulators-close-silicon-valley-bank-in-one-of-the-largest-bank-failures-since-washington-mutual

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual Read More »

biden-budget-proposal-targets-crypto-investors-using-like-kind-exchange-provision;-plan-aims-to-tax-crypto-miners-30%

Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30%

On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget includes an $835 billion increase in military spending, but the administration claims it will reduce the deficit by $3 trillion over the next

Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% Read More »

china’s-wechat-adds-support-for-digital-yuan-payments

China’s Wechat Adds Support for Digital Yuan Payments

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The

China’s Wechat Adds Support for Digital Yuan Payments Read More »

north-macedonia-says-bomb-threats-come-from-russia,-crypto-used-to-hide-origin

North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin

The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over 700 Facilities Targeted With Bomb Threats in North

North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin Read More »

redemption-and-reshuffling:-busd’s-exit-from-top-10-cryptocurrencies-shakes-market-valuations

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since the redemptions. Presently, there are only

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations Read More »

nft-sales-dip-by-32%-in-the-last-week,-ordinals-squeeze-into-top-10-collections-via-emblem-vault

NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault

After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following February Spike in Digital Collectible Purchases During

NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault Read More »

crypto-exchange-bitzlato-restores-access-to-user-funds

Crypto Exchange Bitzlato Restores Access to User Funds

Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who

Crypto Exchange Bitzlato Restores Access to User Funds Read More »