Blockchain technology uses random number generators to ensure fair play. The global online gambling market size in 2022 was valued at $63.53 billion. According to data from Statista, the online gambling market is expected to reach $95.05 billion in 2023. The world of online gaming, also known as iGaming, has seen incredible advancements thanks to the integration of blockchain technology. Hailed for its decentralized nature, blockchain technology has revolutionized online transactions in the iGaming sector. This change begins with a fundamental shift from traditional payment methods to cryptocurrencies, which has made gaming more inclusive than ever. Safe online transactions One…
Author: Crypto Flexs
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Coinbase will remove 41 non-USD trading pairs, including ALCX/USDT and BIT/USD. Cryptocurrency exchanges are suspending pairs to improve overall market health and consolidate liquidity. Coinbase Advance users can trade frozen assets via their USDC balance. The cryptocurrency exchange stated that the suspended cryptocurrency trading pairs correspond to negligible trading volumes. Coinbase will discontinue trading on dozens of non-USD trading pairs next month. The California-based cryptocurrency exchange announced this morning that it will be removing 41 non-USD trading pairs, including ALCX/USDT, BIT/USDT, INDEX/USDT, and more. The decision to suspend the trading pair was made after a regular review of the market…
Solana rebounded above the $65 resistance line against the US dollar. SOL price is now correcting its upward trend and may even fall below the $50 support. SOL price began a massive rally above the $60 resistance line before beginning a downtrend against the US dollar. The price is currently trading below $60 and the 100 simple moving average (4-hours). A break occurred below the short-term ascending channel with support near $58.00 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair may fall below the $55.00 support in the coming sessions. Solana price downward adjustment…
Tornado Cash fell 56% on Monday after Binance, the world’s largest cryptocurrency exchange, announced it would delist Tornado Cash.The token plunged from about $4.00 to $1.66 at 2:55 PM ET, according to CoinGecko.“We regularly review each digital asset we list to ensure that it continues to meet the high standards we expect,” Binance said in a post. “If a coin or token no longer meets these standards or the industry changes, we will conduct a more in-depth review and potentially delist it. We believe this best protects all users.”Binance said it plans to delist Tornado Cash along with BitShares, PERL.eco,…
Suspicious transactions involving $2.7 million were detected at Remitano. Tether froze addresses believed to be associated with the attackers. The deal was flagged by Cybers Alerts, a platform that provides real-time security alerts. Some suspicious activity has been reported on Remitano, a cryptocurrency exchange platform based in Seychelles. Notably, the platform has seen significant withdrawals, with a single account having $2.7 million worth of cryptocurrency taken out of its wallet on September 14th. Tether took steps to freeze addresses believed to be associated with the attackers, potentially protecting $1.4 million in customers’ cryptocurrency assets. What’s happening in Remitano? At approximately…
Cardano price has seen a sharp decline over the past few weeks due to depressed markets and global macroeconomic concerns. The altcoin is down nearly 6% so far this month and more than 3% last week. Additionally, ADA prices have fallen more than 30% in the past six months, and year-to-date prices remain in the red. Cardano’s overall market capitalization fell more than 1% over the past day to $8.6 billion, with total volume of assets traded falling 13% over the same period. basic Cardano price, along with global cryptocurrency markets, has recorded significant losses in recent weeks. Most digital…
Bitcoin Latinum (LTNM) has announced another new partnership. It is connected to Vast Bank for custody currency. Monsoon Blockchain Corporation, the cryptocurrency’s main developer, explained that the ethos of this new exchange is based on both “transaction flow” and “integration.” Vast Bank, which has been serving customers since the early 80s, has recently found itself at the forefront of the cryptocurrency revolution. Last year, the bank became the first nationally chartered bank in the U.S. to allow customers to buy and sell cryptocurrencies alongside their traditional checking accounts. Additionally, customers can use the Vast Bank Crypto Banking mobile app to…
Tron (TRX) Blockchain-based digital platformsurpassed Bitcoin (BTC) as a platform for financial transfers of Hamas and Hezbollah, which have been designated as terrorist organizations by the United States and the United Kingdom. According to Reuters reportThese developments open a new front in Israel’s war against the funding of militant groups suspected of being backed by Iran. Tron wallet subject to Israeli confiscation According to the report, a comprehensive analysis of cryptocurrency seizures published by the Israeli Security Service since 2021 highlights a significant increase in targeting of TRON wallets and a decrease in seizures involving Bitcoin wallets. Israel’s National Counter-Terrorism…
Bitcoin (BTC) exchange-traded products (ETPs) saw inflows of $312 million during the week of November 24, bringing annual inflows to about $1.5 billion, according to CoinShares. Weekly inflows across all cryptocurrencies totaled $346 million, continuing a nine-week positive net inflow trend. This week it set a new inflow record at US$346 million, the highest total inflows in the past nine weeks.– #Bitcoin –$BTC: US$312m inflow (annual inflow of US$1.5 billion)Bitcoin Sell: US$9 Million OutflowRatio of ETP trading volume to total spot Bitcoin trading volume… pic.twitter.com/gMUPzTy0q4— CoinShares (@CoinSharesCo) November 27, 2023 Cryptocurrency ETPs experience inflows when the stock is trading above…
Big investment bank Morgan Stanley just revealed that the upcoming Bitcoin (BTC) halving is likely to trigger a new bull market in 2024. This means that the price of Bitcoin could rise significantly, and other altcoins as well. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge. Everlodge is the first web3 marketplace for real estate transactions. Shiha Inu and BNB cryptocurrencies are not the only tokens that could benefit from Bitcoin halving. One of the new tokens that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. why? You might ask.…