Bitcoin Notches Highest Trading Volume In Over 3 Months, Binance Data Shows

Bitcoin Notches Highest Trading Volume In Over 3 Months, Binance Data Shows

Bitcoin (BTC) trading volume is on the rise, as the cryptocurrency market shows some signs of improvement. As of this writing, BTC is trading at $19,326, up 3.2 percent in the last 24 hours, data from Coingecko show, Thursday. Today is one of the busiest trading days for Bitcoin since…

Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder

Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder

As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution and potential for the future. Speaking to Cointelegraph’s Gareth Jenkinson at the Token2049 event, Ben-Sasson shared his thoughts on the current situation post-Merge and how…

UAE Ministry of Economy opens up new headquarters in the Metaverse

UAE Ministry of Economy opens up new headquarters in the Metaverse

The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse.  According to Gulf News, the announcement was made on Sept. 28 by UAE Minister of Economy Abdulla bin Touq Al Marri during the Dubai Metaverse Assembly, with…

NFT trading volume plunges 98% from January despite rise in adoption

NFT trading volume plunges 98% from January despite rise in adoption

According to data compiled from Dune Analytics, the weekly trading volume of nonfungible tokens, or NFTs, across the blockchain realm has plunged to $114.4 million. This represents a decrease of 98% from the $6.2 billion witnessed around the end of January. Weekly NFT trading volume rose to an all-time high…

Israel, Norway and Sweden central banks partner with BIS to explore CBDC

Israel, Norway and Sweden central banks partner with BIS to explore CBDC

The Bank for International Settlements, or BIS, has reported it will be partnering with the central banks of Israel, Norway and Sweden to explore international retail and remittance payments use cases for central bank digital currencies, or CBDCs. In a Sept. 28 announcement, the BIS said the collaboration — named…

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

This week the $20,000 resistance is proving to be stronger than expected and even after Bitcoin price rejected at this level on Sept. 27, BTC bulls still have reasons to not give up.  According to the 4-month-long descending triangle, as long as the $18,500 support holds, Bitcoin price has until…

Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol

Solana tech developer Coral raises $20M, plans to launch ‘xNFT’ protocol

Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for launching its new interactive wallet later this month.  The investment round was co-led by FTX Ventures and Jump Capital with additional participation from Multicoin Capital, Anagram, K5…

Crypto exchange Bitkub targeted by Thai SEC with wash trading claims

Crypto exchange Bitkub targeted by Thai SEC with wash trading claims

Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and creating artificial trading volume on its platform. Thai SEC ordered legal action against the crypto exchange and two individuals alleging the crypto platform was involved in wash trading, a…

FTX reportedly considers bailing out Celsius via asset bid

FTX reportedly considers bailing out Celsius via asset bid

Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Coincidently, the information came out the same day Alex Mashinsky resigned as the CEO of Celsius.  “I regret that my continued role as CEO has become…