In terms of their reserve ratio, Binance has a ratio of 106.84% for its BTC assets, 103.68% for its ETH assets, DOGE for 100.09%, 112.82% for USDT, and 102.67% for its Solana (SOL) assets.
Kraken has pointed out a broader issue affecting the entire crypto industry in Australia – unclear regulations.
Bitcoin’s network hashrate reached an all-time high, signaling strong long-term growth potential despite recent market stagnation and liquidation of long positions.
Crypto didn’t feature on the latest list of bipartisan regulation request made by US Senate Majority Leader Chuck Schumer.
The Buterin-linked wallet has transferred 760 ETH in exchange for 1.835 million USDC at an average price of $2,414 per ETH.
On the other hand, the report warns that if Vice President Kamala Harris wins the election, Bitcoin could face a significant downturn.
Despite the recent outflows, Bitcoin ETFs continue to dominate the ETF market.
On-chain data shows that Cardano has experienced a significant spike in daily active addresses, marking the highest level of activity since March 2024.
This partnership aligns with Alchemy Pay’s broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
The Merlin Chain (MERL) network has registered palpable growth in the past few months after its launch due to the notable Bitcoin’s growth among institutional investors.
The approval confirms that Tokocrypto adheres to the regulator’s stringent standards, providing a safe and dependable platform for crypto investors.
The potential listing of CATI on exchanges like OKX is expected to generate a large trading volume for the token, thanks to the large user base of these platforms. However, it remains to be seen how the market will receive and adopt the token.
The integration will go a long way in helping token launches on Pump.Fun boost their trading volume as well as their visibility.
When ZRO first hit the market almost three months ago, it had a price tag of $4.4. Currently, it has recorded only a 23% price dip from launch.
While this strategy aims to provide a secure and controlled launch environment, it may not align with the expectations of retail investors who anticipated a more direct way to obtain RLUSD.