Binance, the world’s leading cryptocurrency exchange, has released its 14th Proof of Reserves (PoR). The latest snapshot, dated January 1, shows strong growth in user assets, potentially strengthening confidence among investors and users alike. Binance Proof of Reserves Update The data shows a notable increase in holdings of major cryptocurrencies. The user’s Bitcoin (BTC) assets increased to 575,000, an increase of 2.65%, equivalent to an addition of 14,850 BTC. Similarly, Ethereum (ETH) holdings increased by 2.9%, reaching 4 million. In particular, USDT (Tether) assets surged 4.45% and currently amount to $16.8 billion. Read more: Binance Review 2024: Is It the…
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$17.5 million worth of LINK was purchased from 12 addresses. Prices have fallen, but a recovery may be imminent. Even though Chainlink (LINK) has been affected by the market decline, the cryptocurrency appears to be establishing itself as one of the projects with great long-term potential. This has become clear based on new revelations from Lookonchain. According to Lookonchain, there are 12 new wallets that likely belong to institutions that have accumulated LINK. According to the details of the post, the total accumulated LINK amount reached $17.5 million. But that’s not the only thing that happened in the deal. Fall…
Binance.US, the US subsidiary of global cryptocurrency exchange Binance, recently announced the appointment of Lesley O’Neill as its new Chief Compliance Officer. This move is particularly significant as it comes amid heightened regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC). Lesley O’Neill brings a wealth of experience to Binance.US, with nearly 15 years of expertise in regulatory and privacy compliance, information security, and identity verification and authentication. Her career spans several key positions, including roles as Chief Compliance Officer at Prove Identity, Inc. and Global Privacy Advisor at Ernst & Young. O’Neill’s extensive background in legal and compliance…
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Pullix (PLX), a new decentralized finance (defi) project, has raised $3 million in an ongoing presale. Despite the optimism, there are questions about how Pullix compares to established players such as Uniswap (UNI) and Polkadot (DOT). Fullix pre-sale The ongoing Pullix pre-sale is attracting attention from investors. The platform aims to launch a portal that combines centralized and decentralized exchange functions. This allows users to access a variety of financial markets, including cryptocurrencies, with abundant liquidity and high leverage.…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is a leader in news and information about cryptocurrencies, digital assets and the future of money. award-winning We are a media outlet that pursues and adheres to the highest standards of journalism. Strict editorial policy. November 2023, Acquired CoinDesk Bullish Group Owner Bullish is a regulated institutional digital asset exchange. The Bullish group owns the majority. Block One; both groups understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent…
Several applicants have submitted amended Form S-1 in the final step before approval for spot Bitcoin ETFs.BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity and Valkyrie all filed amended Form S-1s.The filing includes some of the previously unannounced sponsor fees. BlackRock set the sponsor fee at 0.3%. However, this amount will be much lower at 0.2% in the first year or until ETF assets reach $5 billion. VanEck has achieved the lowest perpetual fee of 0.25% of any issuer to date. WisdomTree demanded a higher 0.5% fee.”Damn BlackRock’s fees bitcoin BTC +2.10% The ETF will be 0.30%, per the S-1 just…
join us telegram A channel to stay up to date on breaking news coverage According to the Amp price prediction, AMP could continue its bullish move if the market rises above the $0.0040 level. Amplifier prediction statistical data: Current amp price – $0.0036 Amp Market Capitalization – $151.4 million Amplifier circulation supply – 42.2 billion Total supply of amplifiers – 99.2 billion units Amp Coinmarketcap Ranking – #292 AMP/USD Market Main level: Resistance levels: $0.0045, $0.0050, $0.0055 Support levels: $0.0025, $0.0020, $0.0015 AMPUSD – daily chart AMP/USD is showing positive movement at the time of writing as the coin is…
The UK’s cryptocurrency landscape is undergoing major changes under financial services and markets law. This pivotal development, which represents a substantial change in regulatory approach, aims to subject businesses using cryptocurrencies and stablecoins to rigorous standards similar to traditional financial services. cryptocurrency exchange Companies like Coinbase, Crypto.com, and Gemini have already begun taking action in response to these new regulations. They have introduced risk assessment and financial tests for UK users, which include a declaration of investor profile and associated questionnaires. These steps are important to comply with requirements that require cryptocurrency companies to inform users of the risks associated…
Bloomberg analyst Eric Balchunas reduced the chances of the SEC rejecting a spot Bitcoin ETF to just 5%, while fellow Bloomberg reporter James Seyffart pointed out that only a black swan intervention by Gary Gensler or the Biden administration could lead to a rejection. .Interestingly, with traditional markets closed over the weekend, cryptocurrencies continued to trade as usual, with Bitcoin trading flat and the rest of the market experiencing significant selling. Bitcoin traded between $43,500 and $44,400, a change of just 2%. As of press time, the largest digital asset by market capitalization is in the middle of this range,…