Bitcoin price is up today, rallying above $63,000 as on-chain data shows BTC accumulation wallets increasing their balance.
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
749Oladotun Akangbe, the chief marketing officer of Flincap, stated controversies in the Nigerian crypto space are to be expected, considering the country’s growing crypto adoption.
3654According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.
995The full regulatory license could turn the tides for Binance, which has been under intense regulatory scrutiny for at least two years.
3740Bitcoin price descends to new lows, dragging altcoins down with it just days before the long-awaited BTC supply halving.
5447NASA has turned to Web3 tech, such as the metaverse, as well as virtual reality, to train astronauts to live in space.
948Bitcoin price losses crucial support at $60,000 as inflows to the spot Bitcoin ETFs stagnate.
10092Memecoin mania has swept crypto, particularly Solana, and SideShift founder Andreas Brekken weights on whether they are overall positive or negative for crypto.
2361The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.
1321Bitcoin price slipped below $62,000 as capital flows into the spot Bitcoin ETFs continue to taper off.
4179Kris Marszalek reportedly said Crypto.com planned to “slowly, thoughtfully, and strategically” add new staff members as part of plans to increase the exchange’s registered users.
4364Former Binance CEO Changpeng Zhao stepped down as chair of Binance.US’ board of directors in November 2023.
2397Supply on exchanges will dry up in nine months after the upcoming Bitcoin halving and continued accumulation by Bitcoin ETFs.
18855The won's rising dominance is mainly due to the fee war between Korean crypto exchanges, according to research firm Kaiko.
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