XRP’s Open Interest Plummets by 60% as Bearish Sentiment Prevails in Crypto Market The crypto market continues to experience a bearish sentiment, and XRP is not exempt from the downturn. XRP’s open interest (OI) has declined by 60% since its peak in July when it reached a value of $1.19 billion. This decline in OI follows XRP’s gains after Ripple …
Continue ReadingHong Kong’s SFC is cracking down on unregistered crypto platforms post-JPEX scandal, listing licensed and suspicious platforms, enhancing regulatory enforcement. Highlights: In response to the ongoing scandal surrounding the JPEX crypto exchange, the Securities and Futures Commission (SFC) of Hong Kong is firming up its stance against unregulated cryptocurrency trading platforms operating within its jurisdiction. JUST IN: Hong Kong to …
Continue ReadingHSBC partners with FCF Pay, enabling customers to pay mortgages and loans with cryptocurrencies like SHIB and XRP, signifying growing crypto adoption. Key Points Blockchain payment system, FCF Pay, has announced a groundbreaking partnership enabling customers of HSBC, one of the largest global banking and financial service firms, to pay their mortgages and loans using cryptocurrencies. This partnership allows the …
Continue ReadingIn the ever-evolving realm of Web3 technology, staying informed and connected is key to staying ahead of the game. Whether you’re an ardent blockchain enthusiast, a DeFi explorer, or simply curious about the wonders of Web3, having a reliable source of real-time updates and alerts is essential. Enter the Web3 Telegram Listening Tool, a powerful and versatile solution designed to …
Continue ReadingA federal judge has denied the U.S. SEC’s request to inspect the technological infrastructure of Binance US, which has implications for cryptocurrency regulation. Key Points In a notable development, a federal judge has denied the SEC’s request to inspect the technological infrastructure of Binance US. This decision hampers the agency’s efforts to ensure compliance with existing securities laws by cryptocurrency …
Continue ReadingWhatsApp conversations between Celsius Network founders revealed alleged manipulative tactics to artificially boost CEL token’s price, leading to legal charges and concerns about the platform’s transparency. Key Points In an astonishing development, a series of WhatsApp conversations between the founders of Celsius Network have shed light on alleged manipulative tactics involving the price of the company’s native token, CEL. Keith, …
Continue ReadingStanford University has decided to return a substantial donation from cryptocurrency exchange, FTX, due to arising ethical concerns related to the source of the funds. Key Points Stanford University, known for its academic excellence and cutting-edge research, has made a bold move by deciding to return a significant donation received from cryptocurrency exchange, FTX. The decision was prompted by concerns …
Continue ReadingBinance issues a warning against emotional trading in cryptocurrency markets, urging traders to read their article on “Trading Psychology” for guidance on emotional discipline. Key Points In a span of just one week, OKX Wallet has announced a series of integrations that diversify its offerings and solidify its position in the blockchain and cryptocurrency landscape. As of September 3, 2023, …
Continue ReadingVolaris, the renowned Mexican ultra-low-cost airline, is making headlines as it enters the NFT market. This move not only introduces digital collectibles but also offers tangible travel benefits. The NFT collection includes 10 unique designs that showcase different cities, such as Cancun, Bogota, and Tijuana. What sets these NFTs apart is the real-world utility they offer – each NFT comes …
Continue ReadingGlassnode analysis reveals that Ethereum addresses in profit have declined to 53.5% due to Ether’s recent 13% price drop, with potential for profit fluctuations pending significant market events. Key Points A recent analysis by blockchain intelligence platform Glassnode reveals that the percentage of Ethereum addresses currently in profit has decreased to approximately 53.5%. This decrease is primarily attributed to the …
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