Browsing:Market

Litecoin (LTC) price prediction 2023
2 days ago 6 mins read

Will Litecoin (LTC) Hit $150 in 2023?

Litecoin (LTC) is currently trading for $77.24 on CoinMarketCap, with a 24-hour trading volume of $2,035,182,382. LTC has risen by almost 26.5% over the past 24 hours. The current supply of Litecoin (LTC) is 71,674,108 LTC. Litecoin (LTC) is currently traded on exchanges like Binance, Coinbase, OKX, BKEX, and Bybit. What is Litecoin (LTC)? One of the first cryptocurrencies to enter the market after Bitcoin was Litecoin (LTC). LTC, a cryptocurrency modelled after Bitcoin, was introduced in 2011. Charlie Lee, the man behind Litecoin, describes it as “the silver to Bitcoin’s gold.” The Litecoin blockchain uses the proof-of-work (PoW) consensus

AAVE (Aave)
1 week ago 5 mins read

Will Aave (AAVE) Hit $62 Before 2023?

Before talking about AAVE price and all, let’s understand what is Aave. What is Aave (AAVE)? AAVE is the native token of Aave, an Ethereum-based crypto borrowing and lending DeFi platform. AAVE was introduced in 2017 to enable users to build and use liquidity pools for digital and physical assets. Additionally, Aave enables lenders to receive interest payments for securing their assets in the pool. Borrowers can also use decentralized smart contracts to access loans backed by cryptocurrencies. AAVE token holders receive voting privileges to take part in the protocol’s governance. AAVE Price Prediction 2022 Currently, Aave (AAVE) is ranked

cryptocurrency-exchange-platform-market
1 week ago 5 mins read

Global Cryptocurrency exchange platform Market Size to grow USD 347.5 Billion by 2030 | CAGR of 30.08%

New York, United States , Nov. 16, 2022 (GLOBE NEWSWIRE) — The Global Cryptocurrency Exchange Platform Market Size to grow from USD 32.77 billion in 2021 to USD 347.50 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 30.08% during the forecast period. The sector is expanding due to growing public awareness of cryptocurrencies and their benefits, including flexibility and security. Due to the development of blockchain technology, there is a great emphasis on safe and decentralized networks, which is positive for market expansion. The demand for the cryptocurrency exchange market is expected to rise as digital assets such as

Trust Wallet Token price prediction
2 weeks ago 9 mins read

Will the price of the Trust Wallet Token (TWT) reach $4 before 2023?

Trust Wallet is a mobile app that enables users to store crypto. The company’s native token was initially introduced on Binance Chain as a Bep-2 token, was later rebranded as a Bep-20 token on the Binance Smart Chain in 2020. Investors in the Trust Wallet Token are bullish on the token because it has experienced an ROI of more than 162 times over the last two years. TWT’s price increased in 2021 as a result of the crypto bubble, reaching its current all-time high (ATH) of $1.65 in September of that year. Investors in TWT are confident that the future

Shiba Inu price prediction 2022-2023
2 weeks ago 6 mins read

Will Shiba Inu (SHIB) Hit $0.00002 Before the end of 2022?

Shiba Inu (SHIB) is currently trading at $0.00000922 with a 24-hour trading volume of $327,077,480, according to CoinMarketCap. SHIB, on the other hand, has dropped by nearly 0.2% in the last 24 hours. Furthermore, there are 589,372,293,271,537 Shiba Inu (SHIB) in circulation. Shiba Inu (SHIB) is currently traded on some of the largest crypto exchanges including Binance, Coinbase Exchange, KuCoin, OKX, MEXC, and Gate.io. What is Shiba Inu (SHIB)? Shiba Inu (SHIB) debuted on the Ethereum blockchain and is also available on the Binance Smart Chain (BSC). Ryoshi, a pseudonymous founder, created and launched this popular meme coin in 2020.

Visa terminates agreement with FTX
2 weeks ago 1 min read

Visa cancels the global FTX Debit Card agreement

Visa’s spokesperson told Reuters that the situation with FTX crypto exchange is “unfortunate” and that the company is “monitoring developments closely.” Visa, the world’s largest payment processor, has severed ties with FTX less than a month after launching a new debit card program. In October 2002, Visa announced a partnership with FTX to launch account-linked Visa debit cards in 40 new countries. Following its introduction to US customers, the partnership focused on expanding the debit card program to Latin America, Asia, and Europe. On November 13, 2022, FTX and 130 affiliated companies, including sister trading firm Alameda Research, filed for

Genesis Trading
2 weeks ago 1 min read

Genesis Trading claims that $175 million is locked up in the FTX following the exchange collapse

As it did following the bankruptcy of 3AC, Genesis Trading, the most recent company to declare exposure to FTX, may seek assistance from its parent company. Genesis Trading, the market maker and lending arm of Digital Currency Group, disclosed that its derivatives business has about $175 million in funds stashed away in an FTX trading account in what it describes as an effort to be transparent. The information was released by Genesis in a thread of tweets on November 10; the company made it clear that the locked funds “would not impact our market-making activities.” Additionally, Genesis declared that they

US Senators to advance bill to enhance oversight crypto
2 weeks ago 1 min read

US Senators are advancing a bill to enhance oversight of cryptocurrencies

The bipartisan authors of a Senate bill that would enhance oversight of cryptocurrencies like bitcoin that are regarded as digital commodities in the US intend to move forward with the legislation. The strongest industry supporter of the legislation, dubbed the Digital Commodities Consumer Protection Act, was embattled FTX CEO Sam Bankman-Fried. The proposed legislation would increase the authority of the Commodity Futures Trading Commission, one of the two U.S. market regulators, over cryptocurrency exchanges and markets. “The recent collapse of a major cryptocurrency exchange reinforces the urgent need for greater federal oversight of this industry,” Senate Agriculture Committee Chair Debbie

Celsius crypto lender
2 weeks ago 1 min read

Celsius files a motion before its ‘reorganization’ plan

Celsius, a troubled cryptocurrency lender, said it filed a motion with a US court asking for more time to come up with a reorganization plan. The company is now in bankruptcy proceedings, months after freezing billions of dollars in customer funds in June. Celsius declared Chapter 11 bankruptcy in the Bankruptcy Court for the Southern District of New York in July, about a month after suspending customer withdrawals. The initial filing triggered a four-month “period of exclusivity,” giving the company the right to devise a reorganization plan outlining how it will repay its creditors. Meanwhile, all civil litigation attempts by

Cardano co-founder
2 weeks ago 1 min read

Cardano’s founder states that short-term events won’t stop the crypto revolution

Cardano co-founder Charles Hoskinson recently took to Twitter to emphasize that short-term events will not derail the crypto revolution. Hoskinson went on to say that cryptocurrencies and blockchain technology are transforming the world. The CEO went on to say that today is Wednesday, and that there will be more Wednesdays to come. A GIF of a honey badger attempting to attack a king cobra is also included in the tweet. He may be implying that no matter what happens in the cryptosphere, one should continue to build, grow, and innovate. The Cardano founder‘s statements surfaced following the agony that the

Crypto market collapse
2 weeks ago 1 min read

The crypto market cap loses over $100 billion after Binance walked away from FTX deal

With Bitcoin falling below $16,000 for the first time in many months, the cryptocurrency market is currently in a bleeding trend. The value of the global cryptocurrency market fell below the $900 million mark as well, with some valuable coins falling more than 30% in just one day. These crashes occur right after Binance CEO Changpeng Zhao (CZ) tweeted that he and his team won’t be proceeding with the deal to acquire FTX exchange. FTT, the native token of FTX, suffered greatly as a result. Data available indicates that FTT lost over 88% of its value in the last day,

Binance exchange buys FTX exchange
2 weeks ago 1 min read

Binance could control more than 80% of the global crypto market if it fully acquires FTX exchange

Research has shown that the deal to acquire FTX might benefit Binance much more than just gaining a sizable portion of the holdings of the trading platform. In fact, Will Canny of CoinDesk reported on November 9 that a study by private wealth manager Bernstein suggested that the combined business that would result from the purchase agreement between Binance and FTX could give the former a greater than 80% share of the world’s cryptocurrency market. Due to these implications, the FTX-Binance deal may draw considerable regulatory attention and even regulatory intervention, particularly from US and EU agencies if FTX has