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Altcoins News
South Korea’s Kimchi premium turns to discount
South Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges.The phenomenon is named after the Korean dish kimchi. The Kimchi premium refers to…
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Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD).The transaction took place on Feb. 16, according to data…
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Ethereum to launch “Zhejiang” public withdrawal testnet on Feb. 1
The “Zhejiang” public withdrawal testnet will then be followed by the Shanghai testnet.
This is the first major upgrade…
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Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance
The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long ascending channel structure. More importantly, this level represents a 43% gain in 2023, which is far from the $3…
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Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during the Merge on Sept. 15, 2022. Once Shanghai is implemented,…
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Crypto Twitter Hall of Flame – Cointelegraph Magazine
Name: Simon DixonAnonymous: NoTwitter Followers: 109.1KKnown for: Co-founder of Bank To The Future and the dude who wrote the first-ever published book on Bitcoin.
Who is this guy anyway?
Simon Dixon is a true Bitcoin…
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Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
The United States Securities and Exchange Commission’s (SEC's) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to a lawyer.Gabriel Shapiro, general…
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Ethereum price sits at key level as shorts liquidations rise
Ethereum (ETH/USD) price joined Bitcoin in its remarkable comeback on Thursday. It rose to a high of $1,696, which was…
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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. The SEC…
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Can you trust crypto exchanges after the collapse of FTX? – Cointelegraph Magazine
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of…
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