News
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.
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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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Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.
7468 - Market Analysis
Bitcoin falls below $117,000 again, raising worries about the upcoming “ghost month.” Are traders bracing for more losses or buying the dips?
4034 - Price Analysis
Bitcoin and Ether’s pullback suggests selling on rallies, but buyers are likely to step in at key support levels.
7664 - News
The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it may be ineffective.
4560 - Market Analysis
Bitcoin slid to $117,400 after hotter-than-expected US PPI data dampened Fed rate cut hopes, sparking inflation fears and weighing on crypto and stocks.
4414 - News
Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.
8681 - News
Vietnam’s police said they arrested 20 people in the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin.
5911 - News
Coinbase lost $300,000 in token fees after mistakenly approving assets to a 0x swapper contract, enabling an MEV bot to drain its corporate wallet.
15083 - News
Cathie Wood’s ARK Invest scooped $172 million worth of Bullish shares across three ETFs as the crypto exchange surged 83.8% in its first day of trading.
7351 - Market Update
Bitcoin set another all-time high at $123,231 after US Consumer Price Index data showed July inflation was unchanged month-on-month and up 2.7% year-on-year.
8298 - Price Analysis
Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow?
17780 - News
OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.
5284 - Market Update
Bitcoin bulls lift their price target to $137,000 as odds of a Federal Reserve rate cut increase.
7248 - Price Analysis
Bitcoin holds steady near $118K as ETH, BNB, LINK and UNI show signs of strength, with bulls eyeing key breakouts amid rising ETF inflows and market momentum.
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