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More than 80% of the tokens listed on Binance, the world’s largest crypto exchange by trading volume, have dropped in value since their listing over the past six months.
Crypto researcher Flow reported that many of Binance’s new listings are tokens supported by top-tier venture capital firms and introduced at high valuations.
Binance Listing Now Provides ‘Exit Liquidity’ For VCs...
Venezuela’s Ministry of Electric Power has announced a plan to disconnect all crypto mining farms that feed into the National Electric System (SEN).
This announcement, which affects all miners that operate with national electricity, was publicly shared on the ministry’s official Instagram page.
How Will The Plan Impact the Crypto Mining Industry in Venezuela?
Venezuela’s National...
Concerns about Bitcoin mining centralization have resurfaced following a notable event involving AntPool, the second-largest BTC mining pool
On May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904 in one hour and thirty-eight minutes.
AntPool Mines 7 Consecutive Blocks
During this period, the mining pool confirmed over 20,000 transactions and earned 23...
Meme coins have become the Wild West of the crypto space, offering both high rewards and significant risks. Over the weekend, on-chain tracking platform Lookonchain noticed that some crypto whales had engaged in substantial meme coin transactions, with some recording gains while others witnessed losses.
This activity showcases the allure and volatility of meme coins, where fortunes can be made...
Crypto exchange Kraken has dismissed rumors about delisting Tether’s USDT stablecoin for its European users.
Kraken’s Global Head of Asset Growth and Management, Mark Greenberg, clarified this in a May 18 post on X (formerly Twitter).
Kraken to Continue Listing USDT in Europe
BeInCrypto reported that Kraken was considering ceasing support for USDT in the EU if the stablecoin fails to...
Ripple has released its first-quarter report for this year, highlighting substantial network activity for its XRP token and the XRP Ledger (XRPL).
These growth metrics coincide with substantial progress in Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC).
XRP And XRPL Wins Big in the First Quarter
XRP’s daily spot trading activities surged 40% to...
In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries.
From Finance and healthcare to supply chain management and even voting systems, we are experiencing the impact of blockchain technology at a seismic level. Its...
Tether, the issuer of the USDT stablecoin, plans to develop a peer-to-peer financial markets terminal leveraging Holepunch technology.
CEO Paolo Ardoino announced on X that Tether will invest substantial resources into this initiative.
Tether Plans P2P Financial Markets Terminal
According to Ardoino, the company would aim to replicate USDT’s success within financial markets by...
The Bitcoin (BTC) price has reached the critical golden ratio resistance at around $67,500. BTC has been up roughly 10% in the last four days.
However, Bitcoin is now encountering significant resistance. Will this lead to a bearish rejection for BTC?
Will Bitcoin’s Current Price Return to the Upward Trend?
Bitcoin’s price has risen over 10% in the last four days, forming a bullish price...
Mastercard has announced the inclusion of five pioneering startups in its blockchain and digital asset program, signaling a major move toward integrating blockchain technology within the financial industry.
These startups will collaborate with Mastercard to explore and enhance blockchain applications, pushing the boundaries of digital payments.
Mastercard Advances Crypto Adoption
The...