Binance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
Continue ReadingMessari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology. Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology. The ranking is an attempt to rank exchanges without including any wash trading — which came about following […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
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Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be […]
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Gibraltar could be the next crypto hotspot, so what do companies based there think about the territory’s sector-leading regulations? For hundreds of years, Gibraltar was a vital part of the British Empire. The tiny territory, known as “The Rock” due to a gigantic protrusion of limestone that dominates its skyline, was sliced off the bottom […]
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The wallet of cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. The cryptocurrency wallet of major cryptocurrency exchange Huobi now allows users to buy cryptocurrencies with credit and debit cards. Until now, Huobi Wallet only allowed its users to exchange between different crypto assets and access to decentralized lending, […]
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BitMEX firmly leads the market when it comes to Bitcoin futures OI, with Binance in second place, according to new data from Bybit. Derivatives giant BitMEX and cryptocurrency exchange Binance are the Bitcoin (BTC) industry’s biggest — when ranked by open interest (OI). According to updated rankings from exchange Bybit, as of May 19, the […]
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Bitcoin price plunged 31% the last time the U.S. imposed tariffs on China. Will this time be any different? The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to […]
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Did CZ inadvertently admit to being involved in the management of CoinMarketCap? In a recent tweet, Binance (BNB) CEO Changpeng Zhao (CZ) may have inadvertently admitted his involvement in the management of the recently acquired CoinMarketCap (CMC). Following in Elon Musk’s footsteps? Zhao’s tweet from May 14 seemingly admits his involvement in managing CMC: Source: […]
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Huobi Group rebranded its derivatives trading platform as Huobi Futures in a bid to attract more investors to cryptocurrency derivates trading. Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures. According to the announcement from spokesperson and head of Huobi global business Ciara Sun the new name of the exchange […]
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