International Daily Finance News
On March 12, a surge in onchain activity for Tether, the widely used stablecoin (USDT), was reported, reaching a six-month high. This uptick in transactions, as revealed by blockchain data platform Santiment, saw over 143,000 wallets participating on March 11…
In the ever-evolving crypto landscape, recent analysis indicates a concerning trend: dwindling trading volumes and declining asset prices signal potential investor exhaustion and weakened market momentum. Since its peak in early February, crypto-wide trading volume has plummeted significantly, reaching a…
On March 12, a cryptocurrency trader experienced a staggering loss due to a sandwich attack, a sophisticated tactic used by Maximum Extractable Value (MEV) bots that exploit decentralized exchanges. The trader attempted to execute a transfer amounting to $220,764 in…
European regulators are intensifying their scrutiny of OKX in connection with allegations of money laundering linked to a significant cyber heist involving Bybit. This scrutiny was a central topic during a recent meeting of national regulatory authorities within the European…
The latest print of the core Consumer Price Index (CPI) in the U.S. revealed a promising inflation rate of 3.1%, slightly below the anticipated 3.2%. This data, indicating a 0.1% decline in headline inflation figures, has intensified discussions surrounding potential…
A New Future for TikTok As TikTok navigates its ownership challenges, it has partnered with Project Liberty, co-founded by Alexis Ohanian, Reddit’s co-founder, and venture capitalist Kevin O’Leary, to explore organizational shifts toward a decentralized framework. This collaboration signifies more…
Cryptocurrency exchange OKX has marked a significant milestone by acquiring a key European Union license that allows it to offer derivatives products throughout the region. This development is poised to enhance OKX’s market positioning, enabling it to cater to a…
Blockaid’s recent partnership with the Sui Foundation marks a significant move to enhance the security framework of the Sui ecosystem. The collaboration aims to fortify Sui wallets against potential threats including smart contract exploits, offchain risks, and operational vulnerabilities. This…
A significant liquidation incident involving a whale and a colossal $340 million Ethereum position has created waves within the Hyperliquid ecosystem, leading to an immediate 8.5% drop in the price of its governance token, HYPE. This liquidation not only impacted…
Despite recent developments surrounding several applications for spot crypto exchange-traded funds (ETFs), significant decisions from the Securities and Exchange Commission (SEC) remain unlikely until new leadership is firmly established. James Seyffart, an ETF analyst at Bloomberg Intelligence, commented on the…
Binance’s recent announcement highlights a significant shift in its token management strategy through the introduction of a new comprehensive token review framework on its Alpha platform. Launched with the intent to refine the selection of tokens showcased, this initiative will…
There has been a notable increase in the total amount of tokens transferred among all stablecoins, signifying a potential accumulation phase. Such landmarks in the cryptocurrency market typically arise not during a downturn, but post-consolidation when investors are regrouping and…
Many investors tend to categorize BNB as merely "the Binance coin," overlooking its expansive potential as a decentralized asset with diverse applications. Launched as the native cryptocurrency on the Binance Chain, now known as the BNB Smart Chain, BNB has…
XRP, the cryptocurrency that has gained prominence for its utility in cross-border payments and banking partnerships, has shown resilience amidst a recent market downturn. Following a notably volatile period, XRP has rebounded with a 6% increase over the past 24…
Bitcoin is currently traversing a narrow price range, ensnared between the support level of $78K and resistance indicated by the 200-day moving average at $83K. Observers are keenly watching for a breakout from this constricted range, as it is likely…
The recent passage of H.J. Res 25 by the U.S. House of Representatives marks a significant shift in the regulatory landscape for decentralized finance (DeFi) in the United States. This bipartisan-supported resolution effectively nullifies the Internal Revenue Service’s (IRS) contentious…
Market Overview: Bitcoin’s Resilience Amidst Broader Economic Concerns Bitcoin continues to display resilience, maintaining values above $80,000 amid shifting macroeconomic conditions. Recent developments have sparked notable price movements, with Bitcoin’s dominance surging to 62%, a level not seen since the…
Bitcoin (BTC) surged to $83,700 during the early Asian hours on March 12, following a dip to $76,600 on March 11. This fluctuation, marked by a minor uptick in market sentiment, raises uncertainties regarding the cryptocurrency’s path in the coming…