Cryptocurrencies

On March 24th, the Austrian financial technology unicorn Bitpanda joined the Visa Partner Connect program, enabling financial institutions, banks, and financial technology companie

According to reports, Ark Invest, a subsidiary of Cathie Wood, increased its holdings of nearly $18 million in Coinbase stocks through two funds.
Ark Fund increased its holdings of

According to reports, the market shows that BTC has exceeded US $28000 and is currently trading at US $28006.1, with a intraday decline of 1.95%. The market is volatile, so please

According to reports, data shows that the number of new Ethereum addresses has reached 3274 in the past hour (7d MA), a new high in three months.
The number of new Ethereum address

According to reports, Cathie Wood, founder of ARK Invest, said on social media that it is ironic that as crypto assets soared during the collapse of Silicon Valley banks, the curre

According to reports, according to Whale Alert data monitoring, a total of 1.08 million OKBs have been transferred from OKEX to unknown wallets within an hour, amounting to approxi

On March 23, it was announced that the Independent Reserve of the Australian Cryptographic Exchange plans to pay closer attention to the opportunities in Hong Kong, China, as Hong

According to reports, in 2023, the US President\’s Economic Report was released, with a total of 9 chapters. Chapter 8, \”Digital Assets: Learning Economic Principles Again,\” first i

On March 22, it was reported that users of the Russian crypto exchange Bitzlato can now withdraw some funds. A Bitzlato spokesperson said that account holders can withdraw up to 50

It is reported that the South Korean Government Affairs Committee will hold the 1st Proposal Review Branch on March 28th to propose and discuss the legislation of the \”Virtual Asse

On March 22, according to data from Arbiscan, after the Gridex contract went online, it generated more than 58000 interactions in the past week, with an average daily number of int

According to reports, Coinbase stated that it had integrated the Brazilian government\’s payment system Pix and started allowing the purchase of cryptocurrency using the Brazilian r

According to reports, Jeremy Allaire, CEO of Circle, the publisher of USDC, said that Cirlce\’s European headquarters planned to be established in Paris because of its encryption fr

According to reports, the decentralized trading platform Clober launched ARB put options yesterday, allowing traders to purchase ARB put options at an exercise price of 50 cents, $

On March 21st, In a written response to Forbes, Yat Siu stated, \”Given this (recent Bank of America bankruptcy) Cryptocurrencies, especially Bitcoin and Ethereum, have become attra

According to reports, the Monetary Authority of Singapore (MAS) said on Monday that its goal is to publish consultation feedback on cryptocurrencies and stable currencies by the mi

According to reports, according to Cryptofees.info data, in the past 24 hours, Ethereum’s online fee revenue has been $4007471.13, Uniswap’s online fee revenue has been $2061422.92, SushiSwap’s online fee revenue has been $1153738.23, Bitcoin’s online fee revenue has been $923585.52, BSC’s online fee revenue has been $612204.38, and GMX’s online fee revenue has been $473056.27. Over the past 24 hours, Bitcoin’s on-chain service fee revenue exceeded $900000 Analysis based on this information:The message highlights the online fee revenue generated by major cryptocurrencies within the last 24 hours. The data obtained from Cryptofees.info shows that Ethereum generated the highest online fee revenue of $4007471.13 followed by Uniswap and SushiSwap with $2061422.92 and $1153738.23, respectively. Bitcoin, BSC, and GMX generated $923585.52, $612204.38, and $473056.27 in online fee revenue, respectively. Cryptocurrencies have gained widespread popularity in recent years, and the online fee revenue generated by these digital assets has been a significant source of revenue for cryptocurrency exchanges. The online fee revenue generated…

According to reports, according to CoinGecko data, the current total market value of cryptocurrencies is $1.19 trillion, with a 24 hour increase of – 1.8%. The 24 hour trading volume is $224.657 billion. Currently, the market value of Bitcoin accounts for 43.8%, and the market value of Ethereum accounts for 17.9%. Bitcoin’s market value accounted for 43.8%, reaching a record high Analysis based on this information:The world of cryptocurrencies is constantly evolving, and it is essential to understand the current landscape to make informed decisions. According to reports, the current total market value of cryptocurrencies is $1.19 trillion. This market value represents the sum of the prices of all digital currencies. In the last 24 hours, the market witnessed a decrease of 1.8% in value, indicating a minor fall in cryptocurrency prices. Additionally, the trading volume of cryptocurrencies in the same 24-hour window is $224.657 billion. This statistic represents the total amount of digital currencies that have been traded during…

According to reports, according to L2BEAT data, the current total lockup volume of Ethereum Layer 2 has risen to $7 billion, up 23.02% on the 7th. Among them, the top five locked positions were: ArbitrumOne ($3.87 billion, up 22.9% on the 7th); Optimism ($2.12 billion, up 26.83% on the 7th); DYdX ($331 million, down 0.99% on the 7th day); Immutable X ($165 million, up 55.66% on the 7th); Metis Andromeda ($133 million, up 12.26% on the 7th). The total lockup volume of Ethereum Layer 2 rose to $7 billion, up 23.02% on the 7th Analysis based on this information:The world of cryptocurrency is always evolving, and Ethereum is leading the way. The Ethereum Layer 2 network has become increasingly popular among crypto enthusiasts, and the data from L2BEAT proves it. According to the data, the total lockup volume for Ethereum Layer 2 has risen to $7 billion, marking a 23.02% increase on the 7th day. The data has also provided…

According to reports, Laura van Geest, chairman of the Dutch Financial Market Authority (AFM), said that the Netherlands would take a tough line to implement the new EU encryption rules, even if some suppliers moved to other places. Cryptocurrencies are not good news. They are unpredictable and vulnerable to fraud, fraud, and manipulation. Value is primarily based on speculation and usually has no potential value. In the Netherlands, the connection between the cryptocurrency world and the traditional financial sector remains limited. President of the Netherlands Financial Market Authority: Will take a tough line to implement the new EU encryption rules Analysis based on this information:The Netherlands is set to enforce strict EU encryption rules even if it means losing some suppliers who may choose to move to other locations. Laura van Geest, chairman of the Dutch Financial Market Authority (AFM), recently made the announcement, citing the importance of security in the digital age. The new EU encryption rules aim to…

Johan Van Overtveldt, a member of the European Parliament and former Belgian finance minister, reportedly called for a ban on cryptocurrencies in the wake of banking turmoil in a tweet on Friday. Overveldt says there is another lesson to be learned from the current banking turmoil. A strict ban on cryptocurrencies is imposed, and these assets are merely speculative and have no economic or social value. If the government bans drugs, it should also ban cryptocurrencies, as the impact of the failure of the cryptocurrency friendly Silvergate and Silicon Valley banks has spread to the European market, including pushing the stock price of Credit Suisse to historical lows and forcing it to borrow $53 billion from the Swiss National Bank. Former Belgian Finance Minister: Cryptocurrency should be banned Analysis based on this information:Johan Van Overtveldt, a member of the European Parliament and former Belgian finance minister, has reportedly called for a ban on cryptocurrencies following the recent banking turmoil. According…

According to reports, Ivan Soto Wright, CEO of MoonPay, discussed at the NFT conference in Paris how MoonPay cooperates with brands such as Puma and Nike to manage their Web3 games and smart contracts, and how NFT and cryptocurrencies will become mainstream when they can be integrated into our daily lives. Ivan stated that we want to make it easy for anyone anywhere in the world to use payment methods such as debit and credit cards, and we want to localize this experience so that they can easily purchase their first cryptocurrency or NFT. Cryptocurrency needs to be used in daily life, and NFT needs to be used in daily life. MoonPay CEO: Wants to achieve large-scale adoption of NFT and cryptocurrencies Analysis based on this information:MoonPay’s CEO, Ivan Soto Wright, recently shared insights on the adoption of cryptocurrencies and NFTs at the NFT conference in Paris. In his speech, he highlighted how MoonPay, a leading payment gateway, is collaborating…

On March 16th, Coinbase said on Twitter that, based on recent reviews, transactions involving Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), LoomNetwork (LOOM), and Auger (REP) will be suspended around 0:00 Beijing time on March 30th. Transactions on Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime will be suspended. However, user funds can still be accessed and withdrawn at any time. Coinbase will suspend the transactions of six types of Tokens such as YFII and MIR Analysis based on this information:Coinbase, the popular cryptocurrency exchange, announced on Twitter that it would suspend transactions for six cryptocurrencies on 30th March. These cryptocurrencies include Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), LoomNetwork (LOOM), and Augur (REP). According to Coinbase, the decision was made based on recent reviews of these cryptocurrencies, but it did not provide any specific reasons for the suspension. The suspension will affect all transactions on Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime. However, users can still…

According to reports, Cathie Wood, CEO of Ark Invest, stated on social platforms that when the US banking system was paralyzed by bank runs threatening regional banks, Bitcoin, Ethereum, and other encrypted networks continued to operate unaffected. The instability of the banking system poses a threat to stable currency, which is the entrance to DeFi, in sharp contrast to what regulators have said. Ark Invest CEO: Regulators should not block transparent and auditable DeFi Analysis based on this information:The global financial system has been through a number of upheavals in the past few decades, leaving traditional banking systems paralyzed and struggling to recover. One of the major examples of such an event is the 2008 financial crisis. This instability of the banking system poses a serious threat to the stability of traditional currency as well, as it is the gateway to many other financial systems. However, new reports suggest that the emergence of cryptocurrency and blockchain technology has the potential…

It is reported that the South Dakota government announced on Friday that Governor Kristi Noem vetoed House Bill 1193, a bill prohibiting the use of cryptocurrencies including Bitcoin as currency. Noem said in his rejection letter, “This bill will violate the freedom of digital currency.” The governor of South Dakota of the United States vetoed legislation prohibiting the use of cryptocurrency as currency Analysis based on this information:Governor Kristi Noem of South Dakota announced last Friday that she had vetoed House Bill 1193 which sought to prohibit the use of cryptocurrencies such as Bitcoin as legal tender. The bill had been introduced in the South Dakota Legislature but was denied due to concerns about digital currency freedom violation. In the rejection letter, Governor Noem stated that the legislation would go against the freedom of digital currency. She expressed concerns that the bill would also restrict the growth of innovative technologies and the state’s economic development potential. The rejection of this…

According to reports, Ryan Selkis, founder of Messari, tweeted that in less than a week, the Crypto banking business had actually been closed. The message from Washington is clear that cryptocurrencies are not welcome in banking. From now on, the encryption industry should fully protect and promote USDC. Messari founder: The encryption industry should fully protect and promote USDC Analysis based on this information:The founder of Messari, Ryan Selkis, recently tweeted that the Crypto banking business had been shut down in the United States, sending jitters through the crypto community. Selkis’s tweet comes at a time when the regulatory authorities are cracking down on the use of cryptocurrencies, marking a clear shift in the legal and regulatory landscape. In less than a week, the Crypto banking sector, which had grown to accommodate a large number of crypto users, has been forced to either shut down or adopt a new strategy. According to Ryan Selkis, the message from Washington is clear…