Recent reports from members of the Zcash community indicate that Binance, the largest cryptocurrency exchange, would be preparing to review all privacy coins listed on its platform and possibly delist some. The exchange has been in talks with project representatives since November 2023, when it expressed its worries about not having the possibility of determining […]
Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves
Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $ 1.68 trillion digital currency economy. In addition, these prominent trading platforms control 7.83% of the total bitcoin supply, underscoring their significant market influence. Binance and Coinbase’s Market Grip Binance and Coinbase rank as the …
Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required by the exchange to keep being traded on its platform. Binance Might Delist […]
USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence
Circle’s USDC, typically pegged to the dollar, experienced unexpected volatility on Binance, dipping as low as $ 0.76 amidst a market rattled by Bitcoin ETF skepticism and a significant liquidation in derivatives. USDC Temporarily Depegs on Binance Amidst Crypto Market Sell-Off In a surprising move that startled the cryptocurrency market, Circle’s USDC dollar-pegged stablecoin …
Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction
The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $ 131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged crypto asset, observed a 2.5% uptick in its supply, while the newcomer, first digital usd, …