The global cryptocurrency market has been struggling with the bearish market, and the stablecoin market is no exception. According to Binance Research, the stablecoin market capitalization has seen a consecutive decline in valuation over the past 18 months, reaching its lowest point since September 2021 at $123.8 billion. Despite the downtrends, two popular stablecoins, Tether […]
The cryptocurrency market saw a lot of important developments this week, with its total capitalization now hovering around $1.14 billion. Bitcoin’s price went through a rollercoaster, trading at around $27,000 last week and then soaring to around $28.5K on Monday. Unfortunately, the bulls were unable to maintain the pressure, and the bears took control, pushing […]
The team at Bitcoin Market Journal has spent the past five years rating and reviewing digital assets. After extensive research, they have now released the results of their scorecard.The scorecard is based on a comprehensive analysis of the digital assets, taking into account factors such as the team behind the asset, the technology, the market, […]
Binance, the world’s leading cryptocurrency exchange, has seen its spot market share decline for the seventh consecutive month. According to data from CCData, the exchange’s spot market share fell from 38.5% in August 2023 to 34.3% in September 2023.The trading volume that Binance lost went to other cryptocurrency exchanges such as HTX (formerly Huobi), OKX, […]
Fineqia International, a digital asset and fintech investment business, has reported a 53% growth in total Assets Under Management (AUM) in the year-to-date (YTD) period. This is 18% higher than the underlying value of digital assets, which grew 45%. In September, total AUM increased 1% to $30.5 billion from $30.2 billion, while the market value […]
Cardano (ADA) co-founder Charles Hoskinson has recently addressed concerns about the success of Hydra, the layer 2 scaling solution for the Cardano blockchain. In a video, Hoskinson explained that measuring the network’s activity by transactions per second (TPS) alone might be misleading, as a single Cardano transaction can encompass multiple outputs. He also revealed that […]
The United States Commodity Futures Trading Commission (CFTC) is reportedly considering an enforcement action against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital. The CFTC staff are allegedly looking into claims that Ehrlich violated U.S. derivatives regulations prior to Voyager’s bankruptcy filing in July 2022. Ehrlich has denied the allegations, claiming that […]
The Basel Committee on Banking Supervision is considering requiring banks to disclose their crypto asset holdings in light of the banking crisis earlier this year. The committee, which operates under the Bank for International Settlements, identified holding crypto as one of the factors that led to the demise of several banks in March. At its […]
Lawmakers in Taiwan are reportedly aiming to push out a first draft of a special law by the end of November 2023, according to a report from the Block. Yung-Chang Chiang, an official in the Legislative Yuan of Taiwan, said in an interview that he intends for the first draft to be available for reading […]
Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has been granted major regulatory approval in the United Kingdom. The company has been given the green light by the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist […]
