Why ETH selling pressure is unlikely to increase after Shanghai upgrade: CryptoQuant

Ad The profit and loss of staked Ethereum (ETH) indicates that there will be less selling pressure when the staked ETH tokens are unlocked in the Shanghai upgrade, crypto analytics platform CryptoQuant said. There have been concerns that the staked ETH unlock will result in these tokens flooding the market and creating high selling pressure….

Liquity token (LQTY) surges over 30% following Binance listing

Ad Liquity protocol’s native token (LQTY) has posted a 32% gain in the last 24 hours following a listing announcement by Binance. Liquity is a decentralized borrowing protocol that allows users to borrow LUSD stablecoin and LQTY. Users can receive interest-free loans using ETH as collateral. Binance to list LQTY Leading crypto exchange Binance announced…

Coinbase suspending BUSD trading

Coinbase Exchange Company in North America Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. More about Coinbase Info Twitter LinkedIn

HashKey obtains SFC approval to offer off-platform OTC trading

Ad Digital asset management firm HashKey Group has received regulatory approval from the Securities and Futures Commission (SFC) of Hong Kong to expand its over-the-counter (OTC) trade offerings. HashKey Group had received two licenses from the SFC, allowing the firm to trade securities tokens and provide automated trading services. However, HashKey’s clients were only limited…

BinaryX token surges over 9000% following BNX split

Ad Gamefi platform BinaryX completed the split of its native BNX token on Feb. 23. Following the announcement, the old BNX token surged up to 9500% — while the new BNX trades at $1.27, according to CryptoSlate data. BNX 1:100 token split Token split is carried out to increase the total supply of a token…

Alchemy Pay token price spikes 67% following support for Google Pay

Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 2…

Galois Capital shuts down in aftermath of FTX collapse

Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 2…

Rumors swirl around $100k/hr front running on Binance listings

Ad On Feb. 17, a wallet that had been previously engaged in front-running token listings on Binance made another trade, this time purchasing and selling the Gains (GNS) token just before listing on the world’s leading exchange. (Source: Lookonchain) According to an analysis by Lookonchain, the crypto trader, whose identity remains unknown, made a profit of…

Decentralized storage protocol Filecoin leads top 100 on 27% jump in price

Ad Filecoin (FIL) jumped 27% over the last 24 hours to $6.857 at the time of press, leading the top 100 coins by market cap. A volatile 24 hours has seen large caps experience a minor sell-off, losing momentum, following Bitcoin recording a YTD high of $25,260 around 16:00 (GMT)on Feb. 16. Nonetheless, standout performances…