CRYPTO EXCHANGES
Central Bank of Russia Intends to Bring Crypto to Stock Exchanges
The Central Bank of Russia (CBR) is reportedly making plans to permit cryptocurrencies like Bitcoin to start trading on the nation’s regulated stock exchanges.
South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake
With the incoming South Korean President, Yoon Suk-yeol, pledging the easing of crypto regulations, the market is on a solid path to being significantly legitimized.
Ethereum Supply on Exchanges Diminish to 12%, Signifying a Holding Culture
Despite retracing from an all-time high (ATH) price of $4,860 recorded earlier this month, Ethereum supply on exchanges continues to nosedive.
Crypto Exchange Web Traffic Hit 473.3 Million Visits in October
More participants are eyeing the cryptocurrency sector, given that the crypto exchange web traffic has witnessed a 15.5% increase month-on-month (MoM).
Bitcoin Transaction Volume Hits a Monthly Low as Consolidation Continues
Bitcoin has found itself in a consolidation state based on low transaction volume.
Crypto.com Launches Global Brand Campaign Featuring Hollywood Veterans
Centralized digital currency trading platform Crypto.com has launched its Global Brand Campaign with a video commercial.
Bitcoin’s Percent Balance on Exchanges Hits a 3-Year Low Amid Open Interest Breaking the Record at $19B
Bitcoin’s percent balance on exchanges has been downtrending after hitting a three-year low of 13%.
Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time
The Bitcoin Lightning Network has been seeing an uptick in activity because it crossed the 3,000 BTC capacity for the first time.
Total Value Locked in Ethereum 2.0 Hits a Record-High Amid ETH Supply on Exchanges Nosediving
Ethereum 2.0 deposit contract continues to see an uptick in investments based on a surge in the total value locked (TVL).
Ethereum Stands at Significant Support Based on the Purchase of Over 10 Million ETH
More than 10 million Ethereum was bought between $3,426 and $3,536, which is a very significant supply wall for support.
Bitcoin Futures Perpetual Funding Rate Turns Positive as BTC Balance on Exchanges Slip to a 3-Year Low
A surge in Bitcoin's price has been instrumental in flipping BTC futures perpetual funding rate positive.
Bitcoin Revisits $50K Amid More Than 1 Million BTC Addresses Transacting
This price surge in the Bitcoin network also saw an uptick in addresses transacting, given that they hit a two-month high.
Bank of America Believes Bitcoin Could Mean More Money for Salvadorans
Bank of America, a leading US-based multinational investment bank, acknowledged that Bitcoin (BTC) could trigger a progressive digitalization of the financial system translating to more money for workers in El Salvador.
Bitcoin on Exchanges Experience a Sharp 50-Day Drop, Suggesting Diminishing Sell-Side Pressure
Bitcoin on crypto exchanges has plunged to a 50-day low, as acknowledged by on-chain metrics provider Santiment.
The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low
Statistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.