In the first quarter of 2024, spot trading volumes of the top ten centralized exchanges (cex) topped $4.29 trillion, a 95.3% increase from the previous quarter. Despite facing legal challenges Binance remained the largest cex platform with a market share of 50%. The top crypto asset manager Grayscale’s converted GBTC exchange-traded fund (ETF) was the […] Source: https://news.bitcoin.com/study-q1-spot-traded-volumes-of-top-10-exchanges-nearly-double-to-4-29-trillion/
TON’s Justin Hyun Breaks Down The Importance of USDT Coming to Telegram At Token 2049 in Dubai, The Open Network’s director of investments sat down with Decrypt’s Sander Lutz to discuss what he sees as the game-changing integration of USDT onto TON, and his plans for getting Telegram’s 900 million users to start using crypto in the immediate future. Source:…
The U.S. Securities and Exchange Commission (SEC) has filed an amended complaint in its lawsuit against Tron founder Justin Sun, arguing that because he “traveled extensively” to the U.S., the case falls under the country’s jurisdiction. In the complaint, the SEC notes that over three years from 2017 to 2019, Sun spent around 380 days in the U.S., undertaking business…
PRESS RELEASE. April 19th, 2024 — Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized applications (DApps) across various sectors, including decentralized finance (DeFi), […] Source: https://news.bitcoin.com/merlin-chain-launches-merl-a-major-leap-forward-in-bitcoin-layer-2-solutions/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports After plummeting below $60,000 yesterday, Bitcoin has bounced back up to $65,000 in a final bout of volatility before its next halving. The Bitcoin halving is…
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between […] Source: https://news.bitcoin.com/sec-amends-lawsuit-against-tron-founder-asserting-us-jurisdiction/
Nigerian Instagram celebrity, Pascal Okechukwu, has pleaded not guilty to three counts of abusing naira banknotes. The charges against Okechukwu relate to three incidents in which he allegedly tampered with or “sprayed” NGN500 banknotes. Another Nigerian celebrity, Oluwadarasimi Omoseyin, received a six-month prison sentence for the same offence. Nigerian Authorities Clamp Down on Naira ‘Spraying’ […] Source: https://news.bitcoin.com/nigerian-instagram-celebrity-could-face-jail-time-for-spraying-national-currency/
PRESS RELEASE. Dubai, April 19, 2024: Following a resounding success, VAP Group is thrilled to announce the triumphant conclusion of the inaugural editions of the Global AI Show and the Global Blockchain Show, held on April 16 and 17, 2024, at Grand Hyatt, Dubai. The heavy rainfall that hit Dubai on Tuesday this week, most […] Source: https://news.bitcoin.com/dubai-defies-natures-fury-global-ai-and-blockchain-shows-shine-through-adverse-weather/
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […] Source: https://news.bitcoin.com/russian-duma-financial-market-chairman-states-digital-financial-assets-might-replace-fiat-for-international-payments/
The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in Fiji was illegal and that penalties could be applied to citizens doing so without the bank’s approval. Reserve Bank […] Source: https://news.bitcoin.com/central-bank-of-fiji-warns-about-penalties-for-purchasing-cryptocurrency/
