KuCoin has experienced substantial growth in 2024, with its user base reaching 38 million, driven by notable adoption in Latin America (LATAM) and the Middle East/North Africa (MENA). The exchange reported a surge in both spot and futures trading, with MENA’s trading volume tripling compared to 2023. Europe also saw a significant increase in activity, […]
The Shiba Inu (SHIB) burn rate has experienced a dramatic increase of 807% in the past 24 hours, according to data from Shibburn. More than 20.5 million SHIB tokens were permanently removed from circulation by being sent to dead-end wallets. This significant surge in the burn rate was driven by two major transactions—one removing 13.5 […]
Bitcoin exchange-traded products (ETPs) now represent more than 7% of Bitcoin’s total market capitalization, according to recent data. CoinShares, in its latest report from February 10, revealed that crypto investment products saw an influx of $1.3 billion in the past week, marking the fifth consecutive week of inflows. This brings the total inflows for the […]
As the Pi Network’s highly anticipated mainnet launch approaches, there are several factors that could lead to a significant drop in the price of its token once it becomes tradable. These factors involve both market dynamics and the behavior of the Pi Network’s community, and they should be carefully considered when evaluating the potential impact […]
Changpeng Zhao (CZ), co-founder of Binance, has sparked a debate about the token listing process on centralized exchanges (CEXs) following the Test Token (TST) listing on Binance. The TST, created as part of a tutorial on BNB Chain’s Four.Meme launchpad, became a hot topic when its market cap surged to nearly $489 million, before quickly […]
Ripple has expanded its presence in Europe by partnering with Unicâmbio, a Portuguese currency exchange provider, to facilitate cross-border payments between Portugal and Brazil. This collaboration marks the first time Ripple’s payment solutions are available in Portugal, reflecting a strategic step in Ripple’s European growth. The partnership will enable businesses in both countries to send […]
DeXe Protocol’s native token, DEXE, has experienced impressive growth despite broader market trends. From January 29 to February 3, the token surged from around $14 to $24, and as of February 5, it was trading at about $21.2. In the last month, the price increased by 24%, and it has seen a staggering 653% rise […]
Binance Smart Chain (BNB Chain) has crossed a significant milestone, surpassing 500 million unique active addresses, a major achievement for the blockchain. This surge in activity comes amidst the launch of the TST meme coin, which, despite being intended for educational purposes, gained unexpected popularity and contributed to the recent uptick in the network’s unique […]
Russia’s communications regulator, Roskomnadzor, has recently blocked access to BestChange, one of the largest cryptocurrency over-the-counter (OTC) aggregators in Eastern Europe and Russia. The reason behind the ban remains unclear as of now, and the platform is listed among the blocked sites, but the regulator has not provided any official explanation. BestChange, which was founded […]
In a noteworthy shift, spot Ethereum exchange-traded funds (ETFs) in the U.S. have outpaced their Bitcoin counterparts in net inflows over the past week. Amid ongoing macroeconomic uncertainty, primarily due to U.S. President Trump’s tariffs and trade tensions, Ethereum ETFs saw over double the net inflows compared to Bitcoin ETFs. According to data from SoSoValue, […]