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in brief Binance Margin provides users with an expanded array of opportunities for diversification and flexibility. The cryptocurrency market is renowned for its swift price changes and boundless chances for financial gain. Users of Binance Margin can broaden their investment portfolios and investigate alternative options within the cryptocurrency sphere. Binance, the globe’s premier cryptocurrency exchange,…
The Bitcoin (BTC) halving, occurring once every four years, stands as a pivotal event within the cryptocurrency realm. It has a historical precedent of ushering in significant price increases in the months that follow. Clem Chambers, the CEO of Online Blockchain, emphasizes the halving’s profound and strategic influence in the Bitcoin ecosystem. He highlights its…
Binance, the world’s leading cryptocurrency exchange, is encountering substantial hurdles as it endeavors to re-establish a foothold in the UK market. The company’s efforts are being impeded by a noticeable reluctance from potential local partners to engage in collaboration. Over the past few months, at least three UK firms holding legal authorization to facilitate communications…
in brief The proto-dank sharding feature of the Dencun upgrade has the potential to significantly reduce Ethereum transaction costs. The successful testing enhances the likelihood of a mainnet launch in February or March. Dencun has the potential to attract institutional investors and enhance scalability. Recent testing of the Dencun upgrade has produced favorable outcomes, clearing…
In a recent analysis, JPMorgan analysts, led by Nikolaos Panigirtzoglou, expressed reservations regarding the increasing dominance of Tether within the stablecoin market. The report highlighted Tether’s challenges in terms of regulatory compliance and transparency, flagging its growing concentration as a negative factor for the stablecoin market and the broader cryptocurrency ecosystem. Companies managing stablecoins are…
Binance Futures, a prominent cryptocurrency derivatives trading platform, is set to introduce ZETA, a new trading tool offering an enriched trading experience with leverage of up to 50x. The launch is scheduled for February 2, 2024, at 11:30. Notable features of the USDⓈ-M ZETA Perpetual Contract include: 1. Up to 50x Leverage: The USDⓈ-M ZETA…
Amid legal troubles, Andrew Tate’s controversial transformation from crypto skeptic to token creator. Andrew Tate hinted at the launch of his cryptocurrency token on Twitter, outlining intentions to support it with his personal Budgetget. In a now-deleted post on the social platform X, Tate suggested financing a new cryptocurrency with $100 million from his own…
The U.S. Energy Information Administration (EIA) is launching a survey to gather data on the electricity consumption of cryptocurrency mining companies in the country. Set to commence next week, the survey targets “identified” commercial miners, requiring them to provide detailed information regarding their energy usage. Authorized by the Office of Management and Budget (OMB) on…
Standard Chartered, an international bank, is reportedly eyeing the potential approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the United States. The anticipation centers around the ETF applications submitted by asset managers VanEck and Ark 21Shares, with the U.S. Securities and Exchange Commission (SEC) expected to make a decision on May 23rd. Drawing…
Wealthy Bitcoin (BTC) traders have recently initiated substantial movements of billions of dollars in the flagship digital asset, shuttling significant amounts between crypto exchanges and unidentified wallets. According to data from the whale-tracking platform Whale Alert, one prominent BTC whale executed a noteworthy transaction on January 31st, transferring 35,049 BTC valued at $1,518,020,170 from an…