The U.K. Financial Conduct Authority (FCA) is standing firm on its stringent crypto firm registration process, despite concerns that its tough regulatory standards might stifle innovation within the industry. In a blog post on Oct. 21, Val Smith, head of payments and digital assets at the FCA, reaffirmed the authority’s position, asserting that the FCA’s […]

Bitcoin and Ethereum experienced another wave of short liquidations, boosting the bullish momentum of both assets. According to data from Coinglass, total crypto liquidations amounted to $138.23 million, with bullish sentiment currently prevailing in the market. Of the total liquidations, more than $95 million came from short positions, which represents 71% of the liquidations, showing […]

The native token of dYdX, a decentralized trading platform, has seen an impressive rally despite a whale selloff. dYdX (DYDX) surged by 29% in the last 24 hours, reaching a price of $1.28 at the time of writing. Its market cap stands at around $820 million, with a daily trading volume of $350 million. The […]

The memecoin launchpad Pump.fun recently introduced its upgraded trading terminal, Pump Advance, in a special X Spaces event on Oct. 19. The platform, which operates on the Solana network, described Pump Advance as the “fastest trading terminal” in the memecoin ecosystem. One of the standout features of the new terminal is its non-custodial wallet option, […]

The global cryptocurrency market cap experienced a significant boost, gaining $140 billion and surging by 6.3%, closing the week at a two-month high of $2.35 trillion. Bitcoin (BTC) led the charge, surpassing $68,000 and igniting a rally across the altcoin market. Here’s a closer look at some of the assets that took advantage of this […]

YouTuber Coffeezilla (Stephen Findeisen) has been publicly clashing with Andrew Tate after Tate’s apparent flip-flop from being a crypto critic to promoting meme coins. Coffeezilla ran a clip showing Tate, who had previously positioned himself as a crypto skeptic, making statements that dismissed the industry. In one of his past comments, Tate explained, “I just […]

Meme coins Speedy and ApeCoin have both experienced significant price increases, each surging by more than 100% in the past 24 hours. According to the latest market data, Speedy — a meme coin launched on the Fantom blockchain by The GOAT Foundation — was among the top gainers on CoinGecko as of Sunday afternoon. The […]

As of October 18, 2024, data from CryptoQuant indicates that Ethereum’s accumulation addresses now hold over 19 million ETH, showing a substantial rise since January 2024, when this figure stood at 11.5 million ETH. This surge in accumulated ETH suggests a growing trend of investors choosing to hold their assets rather than engage in active […]

On-chain data reveals a notable shift in Bitcoin’s market behavior, as large holders (whales) have significantly reduced their outflows, coinciding with Bitcoin holding steady above the $68,000 mark. Data from IntoTheBlock highlights that the Bitcoin whale net flow changed dramatically from a net outflow of 1,650 BTC on October 17 to a net inflow of […]

Pi Network is making significant strides toward the launch of its Open Mainnet, which is scheduled for December 2024. One of the key steps in its preparation is the implementation of a Know Your Customer (KYC) process, which began on July 1, 2024. This process aims to verify every user, known as a Pioneer, to […]