Tether has witnessed a significant surge in on-chain activity in recent weeks, which could signal potential buying pressure following the latest crypto dip. Market intelligence platform Santiment says on-chain data related to Tether (USDT) points in this direction. In particular, analysts at the on-chain and social metrics monitoring platform believe a spike in USDT volume
Pi Coin recently hit a $12 billion market cap, but with vanishing tokens, migration failures, and Binance listing rumors swirling, is this the beginning of something big — or the start of a slow collapse? Pi Coin’s wild ride on the market Pi Network, the ambitious smartphone mining project that claims to have gathered an
OKX says it’s set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license. The crypto exchange’s Europe arm gets the license following the acquisition of a Malta-licensed firm that has the Markets in Financial Instruments Directive II license. The entity, per the announcement, will launch its operations
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, dubbed the next XRP, is rapidly gaining traction and could challenge Solana and Cardano with its unique technology. An altcoin nicknamed the next XRP is gaining attention and is poised to challenge
Inflation cooled more than expected in February, offering hope that the Federal Reserve may be closer to cutting interest rates. However, the crypto market remained largely unresponsive despite the positive economic signal. Wednesday’s Consumer Price Index report showed that inflation eased to 2.8% over the past 12 months, down from 3% in January and slightly
Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to state police officials, TechCrunch and Brian Krebs reported. The arrest occurred at 4 p.m. local
Etherlink has deployed its third protocol upgrade, Calypso, on mainnet to bring a massive performance boost to the Tezos layer 2 network. The Ethereum Virtual Machine-compatible layer 2 solution built on Tezos (XTZ) announced the Calypso upgrade was live on the mainnet on March 12, coming a few weeks after the EVM-compatible L2 deployed on
Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history. The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry into the cryptocurrency and blockchain sectors. MGX, known for its focus on AI and advanced
After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid’s Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future. In the said liquidation event, a whale had built a 50X leveraged long position on Ethereum (ETH)
Despite the recent volatility in crypto markets, the long-term potential of digital assets remains strong. Brett Reeves, Head of Go Network and European Sales at BitGo, who manages institutional digital asset infrastructure at the company, expressed this sentiment in a note to crypto.news. He reflected on the current market downturn while highlighting ongoing advancements in
