Earlier this week, Bybit announced its withdrawal from France. We are proud to expand our business in France and across Europe and remain committed to complying with regulatory requirements. As one of the oldest cryptocurrency exchanges, we have built a strong foundation in Europe and, as the leader in euro trading volume in Europe, we continue to prioritize the security and trust of our customers. For Bybit users who want a smooth and safe transition, we are here to help. Founded 13 years ago with the clear belief that trust is essential for cryptocurrency success, Kraken has always prioritized security,…
Author: Crypto Flexs
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As we approach the end of the year, Asia Express takes a look back at some of the most important developments for Bitcoin and cryptocurrencies in the region in 2024. MicroStrategy’s Bitcoin Blueprint MicroStrategy has become a leading example of Bitcoin, securing 439,000 BTC, or about 2% of the total supply, according to BitcoinTreasuries.NET. Across Asia, Saylor’s Bitcoin blueprint has inspired several companies to stake their future on Bitcoin, and many more are expected to follow suit. As Asia Express reported last week, Chinese selfie app developer Meitu invested in 31,000 ETH and 940 BTC in the spring of 2021…
Aayush Jindal is a financial market expert with over 15 years of exceptional expertise in Forex and Cryptocurrency trading. Known for his excellence in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors across the world, guiding them through the complex landscape of modern finance through keen insight and astute chart analysis. From an early age, Aayush showed a natural talent for deciphering complex systems and unraveling patterns. Driven by his insatiable curiosity to understand market dynamics, he embarked on a journey that would lead him to become a leading authority on forex and cryptocurrency…
Chainwire, London, UK, December 19, 2024 Harbor announced the launch of “Magic Ramp,” a stablecoin payment system in collaboration with Velocity Labs that connects the SEPA instant payments rail with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient and affordable payment solutions. With Magic Ramp, you can send Euros from any bank account and receive USDC on-chain in less than 30 seconds, and receive Euros from your bank account at the same speed with funds held in your Web3 wallet, with minimal fees. For the first six weeks after launch, these bank-on-chain transactions will be free.…
Stablecoin infrastructure provider M^0 has signed its second integration agreement with Usual, a fast-growing fiat-backed stablecoin issuer. This represents a recent diversification of Usual’s reserves, which were previously backed only by Hashnote, a tokenized money market fund built by DRW’s founders.Usual, launched just four months ago, has set the stage for explosive growth. On Wednesday, its market capitalization surpassed $1 billion, making it the seventh-largest stablecoin. M^0 (pronounced m-zero) has also been showing remarkable growth since its launch early this year. “We have a few expansions in the pipeline,” M^0 co-founder Gregory Di Prisco told The Block. “Putting these deals…
Smart Dex traders and whales sold Worldcoin at an average price of $3.85. If this order holds, WLD may change direction to reverse recent losses. Smart DEX traders and whales sold Worldcoin (WLD) at an average price of $3.85. The Smart DEX trader’s sale occurred at $3.8 and the whale sold at $3.9, indicating a potential profit-making step. There has been a notable lack of substantial buying activity following this sell-off, suggesting traders are taking a cautious approach. After the sell-off, only a few have started to accumulate again, suggesting divided feelings about the medium-term investment potential. Currently at $2.4,…
DUBAI, Dec. 18, 2024/PRNewswire/ – Decentralized finance (DeFi) platform 1inch has announced its integration with Talos, a leading provider of institutional-grade trading technology for digital assets. The collaboration aims to expand liquidity access for Talos customers by integrating 1inch’s decentralized liquidity aggregation capabilities.The integration gives Talos customers access to the 1inch Swap API, which optimizes trade execution by aggregating liquidity from multiple decentralized exchanges (DEXs). By leveraging 1inch’s protocol, Talos customers can benefit from better price discovery and deeper liquidity across the DeFi ecosystem.1inch co-founder Sergej Kunz described the partnership as an important milestone in bridging the gap between institutional…
lawrence jenga December 17, 2024 06:59 Arena of Faith, a web3 MOBA game, has launched Arena of Faith Quest from IMX (Immutable), giving players the opportunity to earn gems and other rewards through engaging gameplay. Arena of Faith, the next-generation multiplayer online battle arena (MOBA) game, has officially launched a new quest feature that will allow players to earn gems as part of the game experience. According to Immutable.com, Arena of Faith, inspired by popular titles like League of Legends and DOTA 2, is now live on the Immutable (IMX) platform. Cross-platform gaming experience…
Reeve Collins, founder of blockchain neobank WeFi, said the number of viable stablecoins will increase as AI agents and account abstraction simplify user management. Users no longer need to actively manage decentralized finance operations or execute complex trading strategies to generate returns. .Collins told Cointelegraph that demand for yield-generating assets such as synthetic dollars, algorithmic stablecoins and other next-generation real assets will increase as simplified user experiences emerge, creating a vibrant product ecosystem.As technical barriers to entry are lowered, these yield holding products will compete for investor attention because they are easy to use and offer yield opportunities. Collins said:“As…
Vilnius, Lithuania, December 20, 2024, Chainwire WhiteBIT, Europe’s leading cryptocurrency exchange, ended the year with noteworthy performance. Recent estimates show the company’s capital has reached $38.9 billion, and annual trading volume has surged to $2.7 trillion, a 200% increase over the previous year. These figures cover all exchange markets (spot and futures) and demonstrate the company’s rapid growth and increasing user trust. For context, WhiteBIT’s trading volume surpassed major players such as Kraken, which has $628 billion in annual trading volume. WhiteBIT’s trading volume exceeds the GDP of countries such as Italy or Canada and approaches France’s GDP of $3…