Western Europe Sees 1.5 Million Daily Active Crypto Traders, Bitget Research Finds
The Bitget research believes that Germany and France will remain key hubs of crypto trading activities in the region.
The Bitget research believes that Germany and France will remain key hubs of crypto trading activities in the region.
Data detailed in a statistics report shows that less than 30% of jurisdictions globally have implemented the FATF crypto-targeted guidelines.
Records submitted to the British Columbia Supreme Court indicate that Michael Patryn is suspected of having obtained the assets illegally.
With its monthly provision of PoR, which allows users to estimate the company’s health, the exchange has continued to prove to users that their funds are safe.
Dogecoin (DOGE) price rallied above 20 cents for the first time in more than two years, thus indicating strong conviction from investors on dog-themed meme coins.
Animoca Brands Chairman said that HKD-pegged stablecoins would help Hong Kong create unique position for itself in the overly crowded crypto space. He also pushed for crypto ETFs in order to boost Web 3.0 investments in the region.
Despite rejecting most of Coinbase’s attempts to dismiss the entire case, the judge found the SEC’s arguments insufficient in proving that the company functions as a ‘broker’ by providing Wallet to customers.
Aerodrome, a decentralized exchange, was instrumental in helping Coinbase’s Base Layer 2 network cross $1 billion in Total Value Locked (TVL), marking an enormous milestone for the network.
The partnership between COTI and Civic will enhance web3 data protection and confidentiality via the COTI V2’s, Ethereum-based layer two network.
Apart from Malta, OKX has encountered regulatory troubles in other countries. The exchange is facing regulatory hurdles in India and has asked users to stop trading margins, perpetuals, and futures options.
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.