Author: hotcrypto
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end. OSC Says Binance’s Action Is ‘Unacceptable’ Cryptocurrency exchange Binance got into trouble with the Ontario Securities Commission (OSC) Thursday. Binance notified its users in June that Ontario was becoming a restricted jurisdiction and users may need to close their accounts. However, the crypto exchange sent…
Since the coronavirus bear market bottom, the stock market has delivered historic gains. The benchmark S&P 500 has more than doubled in value, marking the strongest bounce we’ve ever witnessed from a bear market trough. But things have been a wee bit better in the cryptocurrency space. In the 20 months since the crypto market hit its own valuation bottom, the aggregate value of all digital currencies has soared from $141 billion to close to $2.6 trillion. Investors are clearly excited about the game-changing potential of blockchain and digital tokens. Image source: Getty Images. Ranking the biggest cryptocurrencies by median…
A recent data shared by CryptoRank Platform, data aggregation and analytics platform, shows that crypto exchanges hold 6.2 per cent of Bitcoin Circulating Supply or 1.3 million Bitcoin (BTC). Meanwhile, prices of mainstream and meme coins rise on December 24 at 6:00 pm IST, data of Coinmarketcap.com shows. The price of Bitcoin (BTC) was up by 5.65 per cent and was trading at $51,096.53 at 6:00 pm IST, while its dominance in the crypto market is currently at 40.49 per cent, up by 0.04 per cent in the last 24 hours. Ethereum (ETH) was trading at $4,078.04 witnessing a rise…
While the market definitely showed some recovery signs over the last three days, Cardano and VeChain snapped off their long-term trendline resistance and reversed their trends. However, Cardano needed more volumes to confirm a stronger trend. Decentraland found a traversing range after flashing a slight bearish preference. Cardano (ADA) TradingView, ADA/USDT Just when most investors lost hope, ADA bulls did not dwindle, and upheld the 21-week support at the $1.2-mark. The price action bounced back from this level and invalidated the bearish tendencies of a descending triangle formed throughout this month. This incline also breached the longer timeframe trendline resistance…
Global cryptocurrency exchange, OKEx, has listed more coins like axie infinity (AXS), gala (GALA), dogecoin (DOGE), shiba inu (SHIB), baby doge (BABYDOGE), kishu inu (KISHU), and dogelon mars (ELON) under its express buy trading option. OKEx users can purchase tokens directly using fiat currencies like the Indian rupee, Pakistani rupee, Philippine peso and Vietnamese dong in the express buy area. The platform will help complete the exchange process from fiat into tether (USDT), a stablecoin, and then into the target token. A stablecoin is a digital currency that is linked to an underlying asset, such as a national currency like…
Huobi Global announced on Monday that it would be launching a futures product that is USDT-margined. The Huobi Group operates a trading platform known as Huobi Futures that will utilize USDT in a twofold way for its new product. Tether (USDT) will function as the margin and as a means of determining profit.USDT/USDHow Tether Is Performing on the MarketTether is trading at $0.9998 (USDT/USD) today, a drop of 0.09%. The stablecoin saw a high of $1.002 yesterday and a low of $0.9986. Its trade volume is over $63 billion, which is down just 5.30% over the last 24 hours. That…
The rising value of Spell crypto has been happening in fits and starts all year. But on the year, this token has grown to have a nearly $2 billion market cap. And on the year, its value has blown up by more than 3,500%. Nonetheless, investors are wondering if there’s more juice left to squeeze out of Spell crypto. Based on its performance and use case, we think there still could be a good amount of room left for growth.Let’s start with the basics. Spell crypto is the native token of the lending platform Abracadabra.money. If you’ll excuse the 8-bit…
Post Views: 32With the launch of HUH Token, the world’s first Utimeme skyrocketed to the stratosphere, and it appears that an increasing number of crypto enthusiasts are becoming holders of HUH Token in such a short period of time, could this be the reason why HUH Token saw a 6000 percent increase in just a few days?While those numbers spin in your and my heads, it’s simple to see why Shiba Inu had such a significant spike this weekend, despite the Bitcoin market’s drop.Safemoon, on the other hand, appears to be sharing the top altcoin slot, at least in terms…
A popular crypto analyst is naming his top altcoin picks as the crypto markets head into a new year. In a new interview with Altcoin Daily, Into the Cryptoverse founder Benjamin Cowen tells the channel’s 1.8 million YouTube subscribers that layer-1 blockchain projects are his primary focus of interest. First and foremost is leading smart contract platform Ethereum (ETH). “Obviously there’s Ethereum, but that’s sort of the ‘altcoin index.’ You want your altcoins to outperform Ethereum or at least oscillate against it. Look at their ETH values over the macro scale. MATIC I think is a good project, layer-2 scaling…
Metalink, a platform that powers gated communities for owners of specified NFTs and has support from many well-known crypto luminaries, has developed “NFT Wrapped,” allowing anyone that owns an NFT to view their year in review. The personalized feature allows users to reflect on their own experiences, connect with other NFT owners and generate an NFT summarizing their year to share even more broadly. “The NFT community is always looking for the next big thing. NFT Wrapped gives each individual the opportunity to look back on what has been an industry changing year for NFTs,” said Jake Udell, CEO and…