CRYPTO
The largest USD-supported exchange by spot cryptocurrency trading volume in July is Crypto.com.
Among exchanges that support USD, Crypto.com held the largest market share in spot cryptocurrency trading volume in July. The Block Data Dashboard reports that Crypto.com, with a 38.5% market share in spot cryptocurrency trading volume, ranked #1 for the first time in more than two years. Coinbase came in second place with 35.8% of the…
Leading the $50 million fundraising for Morpho Labs, a decentralized lending startup, is Ribbit Capital.
The decentralized lending startup Morpho Labs acquired $50 million in investment, with Ribbit Capital leading the round. According to an announcement from Morpho Labs, additional funders included a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Kraken Ventures, Hack VC, IOSG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures, and others. Paul…
Details of Asia’s First Bitcoin Inverse Product to Be Released on the Hong Kong Stock Exchange
Later this month, the Stock Exchange of Hong Kong (HKEX) is expected to introduce Asia’s first-ever Bitcoin inverse product.The fund, known as CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376:HK), is intended to offer inverse exposure to the fluctuations in the price of BTC. Important Fund Information The next Bitcoin inverse product is scheduled to…
A 25% Increase to $0.25 in Kaspa’s Bullish Explosion Rally
Kaspa accumulation phase continues with a 70% volume increase while exhibiting a noticeable bull run in motion. Following the breach of the above trendline, $KAS is poised for a massive 25% surge.In contrast to the majority of popular altcoins, Kaspa has shown steady growth over the last several months. Disregarding the bearish trend in the…
U.S. SEC Rejects Allegations in Binance Lawsuit That SOL, ADA, and MATIC Are Securities
In its case against Binance, the US Securities and Exchange Commission (SEC) sought a ruling from a court regarding the classification of some tokens as securities. However, the SEC has now withdrew this request. In a document filed on July 30, the SEC asked to have its complaint about “Third Party Crypto Asset Securities” amended…
HOW MANY CRYPTO EXCHANGES EXIST ?
& AND WHICH ARE THE BEST It might seem like we’re favoring an exchange because we mention Binance first….?Without favoritism, the truth is that Binance is one of the most powerful exchanges in the crypto world.WHY??Binance is hands-down the world’s largest crypto exchange by trading volume, with tens of billions of dollars worth of crypto…
WHY DO PEOPLE INVEST IN CRYPTO?
Globally, cryptocurrency has grown in favor among investors. Industrialization and technological advancement have given digital currencies—like Bitcoin—a competitive edge over others. The use of cryptocurrency makes money transfers simple and eliminates the need for banks and other financial organizations. Since there is no central government body in charge of regulating cryptocurrencies, the government cannot interfere…
WHY IS BLOCKCHAIN BETTER ?
A blockchain is a breakthrough technology that has the potential to revolutionize many sectors because it offers significant advantages over old approaches. A blockchain offers several significant benefits, such as efficiency, security, immutability, decentralization, and transparency. What are the benefits of blockchain? The benefits of blockchain are increasing trust, security and transparency among member organizations…