Category : CoinJournal

CoinJournal

Bitstamp registered as a cryptoasset business by UK’s FCA

Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK arm was added to the list on June 13, 2023. It joins other platforms like eToro, Revolut and Moonpay on the...

Horizen partners with Auros to increase ZEN liquidity ahead of EON launch

Horizen partners with Auros for $ZEN liquidity ahead of its launch of EVM-compatible platform EON Auros is a leading algorithmic trading and market making platform. The partnership aims at enhancing liquidity for the $ZEN token across CEX and DEX pl...

Crypto is losing touch with institutional cash

Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions& The macro pictur...

Blur to unlock 196M BLUR, increasing circulating supply by 40%

Roughly 196 million BLUR tokens will be unlocked on June 14, 2023. The token unlock is set to increase Blur’s circulating supply by 40%, which currently stands at just over 495.2 million BLUR. Blur launched in October 2022 and has quickly grow...

Uniswap V4 code draft features custom liquidity pools plugins

By volume, Uniswap is the biggest decentralized cryptocurrency exchange in the entire world. The release of the Uniswap V4 is the first step to launching the new Uniswap version. The final stage before launch is a vote by UniswapDAO. Uniswap Labs h...

Hinman speech contained “made-up analysis”, Ripple’s Chief legal officer says

Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC sued Ripple Labs in December 2020, alleging that the company illegally sold unregistered securities in the form of its X...

Hedera, Fantom, XRP, Filecoin prices rise as US inflation dips

The headline consumer price index dropped to 4.0% in May. The data came as the FOMC prepares to conduct its June meeting. Economists expect that the bank will leave interest rates unchanged. Altcoin prices jumped on Tuesday after the US publi...

6.5M tokens bought within hours of the highly anticipated Chancer Presale launch

Chancer is a revolutionary betting platform that seeks to leverage the power of blockchain technology. The CHANCER token is going for 0.01 BUSD in the current stage. CHANCER token holders will have the opportunity of creating customized betting mark...

Etoro to limit US customers’ access to four major cryptocurrencies

eToro is an Israeli multi-asset investment platform widely known for social trading. eToro will delist ALGO, MATIC, MANA, and DASH for US customers. US customers can, however, still hold and sell already open positions in these tokens. https://twit...

Crypto price predictions: LTC, XRP and ASI outlook amid SEC crackdown

& Litecoin is weak after bears’ recent push, but could flip bullish ahead of its halving event. Meanwhile XRP price holds above key level as the SEC vs. Ripple case moves even closer to a court decision. Both LTC and XRP have seen mino...

Prof. Alexander: ‘I’m not sure SEC will succeed against Binance’

Professor Carol Alexander says the U.S. SEC may lose to Binance. She reiterated the need for crypto in an interview with CNBC today. Prof. Alexander expects regulatory clarity to bring price stability. It is conceivable that the U.S. Securities and...

Bitcoin and Ethereum network revenues spiked in May despite significant headwinds: ETC Group report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively. Regulation and mac...

Should you buy the Chancer token, as the presale officially launches on June 13th?

Key takeaways The Chancer presale will launch in roughly 20 hours, allowing investors to have a stake in the project. The team seeks to raise $15 million to fund the development of its platform and other products.& The Chancer presale laun...

Solo Bitcoin miner beats the odds to win 6.25 BTC block reward

A solo Bitcoin miner earned the 6.25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an aver...

Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week

Key Takeaways On-chain activity for Bitcoin and Ethereum has fallen for the fourth consecutive week DEX share of trading volume had jumped up from 14% to 22% last month amid regulatory crackdown on centralised exchanges DEX volume has fallen back ag...

Litecoin price analysis ahead of the FOMC decision, US inflation data

Litecoin has formed a triple-top pattern on the daily chart. The main news is the recent lawsuits against Coinbase and Binance. The Federal Reserve will deliver its next interest rate decision. Litecoin price has come under intense pressure i...

Binance, Binance.US, and Coinbase collectively lose $4B in outflows

The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a net outflow of $3.1B through the Ethereum network alone. Th...

Nigeria’s SEC orders Binance Nigeria Limited to stop operations

Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. Nigeria’s SE...

Chancer: World’s first blockchain-based predictive markets app, and a potential game-changer

Chancer facilitates P2P predictive markets for betting on conventional and non-conventional markets. Chancer aims to enable user-led predictions amid record betting levels in traditional markets. The token will start presale on June 13,th&...

SEC seeks alternative ways to serve Changpeng Zhao after failing to get him

There are rumours that Changpeng Zhao could be in Dubai. There is no known base of operations for the Binance CEO. The SEC is seeking permission from the court to serve CZ lawyers on his behalf. The United States Securities and Exchange Commission...

Crypto.com suspends institutional exchange services in the US

Crypto.com cited limited demand for institutional-grade services. The services will be suspended from June 21. Crypto.com’s retail mobile application and platform remain fully operational in the US. Crypto.com has announced that it will disco...

Crypto price prediction: Render Token, Solana, Polkadot

Cryptocurrencies remained under pressure this week after the SEC went to war with the industry. The SEC sued Binance and Coinbase, the biggest exchanges in the industry. We explain what to expect with Render Token, Polkadot, and Solana. Crypt...

People can set up custom P2P betting markets on Chancer’s new betting platform

Chancer is using blockchain technology for a social betting platform. The new platform allows users to set up their own P2P betting markets including setting their own odds. Chancer is currently in the development phase with the CHANCER token presal...

Crypto exchange OKX burns $244 million worth of OKB tokens

Key takeaways OKX burned 5.5 million OKB tokens in its 20th OKB repurchase and burning program. The crypto exchange burned $244 million worth of its native token, its highest-ever burning program. OKX burns 5.5 million OKB tokens Cryptocurrency...

Chancer to launch token presale for its prediction platform

Chancer, a new company, will launch its token presale on June 13. The company hopes to use blockchain to disrupt the predictions market. Users will be able to create their own blockchain-secured markets. The sports betting industry is going t...

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