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Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC LawsuitAfter the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the […]

Sony Group acquires Amber Japan, officially steps into crypto exchange arena

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

Meme Coin Economy Swells by .8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still HighThe meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan. 9, 2023, the overall value of the […]

Sony Group acquires Amber Japan, officially steps into crypto exchange arena

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst […]

Sony Group acquires Amber Japan, officially steps into crypto exchange arena

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the FTX collapse, global cryptocurrency trade volumes were approximately […]

Sony Group acquires Amber Japan, officially steps into crypto exchange arena