Crypto Transaction Success Rate Hinges on User Location: Report
The crypto community is continually looking for ways to bridge the gap between traditional finance (TradFi) and fiat currencies with decentralized financial (DeFi) tools. Crypto onramp platforms are a primary way users are able to cross between these two financial ecosystems.
Russia’s Yandex Search Engine Adds Cryptocurrencies to Its Converter
Yandex, the largest Russian search engine, has updated its currency converter, adding cryptocurrencies. The widget now shows the rates of these coins in a number of fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as well.
NFT Annual Summary: 17 Key Takeaways You Need To Know
Over the past year, we have seen many new changes in the NFT space. NFTGo Research has teamed up with well-known researchers and NFT degens to co-write a 100-page report that includes macro and micro data trends, user profiles, whale trends, and outlook for 2023.
Crypto Derivatives: Factors You Should Consider Before Entering the Market
In this article, we will explore some of the factors you should consider before entering the crypto derivatives market.
What Is the Market’s Future?
Despite recession forecasts and the FED’s cautious stance, the markets have risen since the beginning of the year. What should we wait for? Let’s see together!
SEC Faces Criticism for Lack of Clarity in Crypto Compliance Rules
The US Securities and Exchange Commission (SEC) is facing criticism for not providing clear guidance on compliance rules in the digital asset industry.
South Korea’s Kimchi Premium Turns to Discount
South Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges. The phenomenon is named after the Korean dish kimchi. The Kimchi premium refers to when the price of Bitcoin trades higher on South Korean exchanges than in other markets. According to data from blockchain analytics provider CryptoQuant, the Korea Premium index has been shifting between the -0.24 and 0.01 range between Feb 17 and 19. (Cointelegraph)
Kraken CEO Jesse Powell Says Regulators Support the Bad Guys in Crypto
Earlier this month, crypto exchange Kraken made a $30 million settlement with the SEC and had to shut down its crypto staking feature post the regulatory crackdown. Kraken CEO Jesse Powell has once again come out lasing at the regulators noting that they have been supporting the bad guys in crypto while treating the good guys as enemies. “Regulators let the bad guys get big and blow up because it serves their agenda,” he wrote. (coingape)
Southeast Asia's Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,” a DBS executive described. (Bitcoin.com)
Markets: Bitcoin Dips Below US$24,000 to Start the Trading Week in Asia
Bitcoin fell below US$24,000 in a mixed morning for the top 10 non-stablecoin cryptocurrencies by market capitalization on Monday in Asia. Solana posted the most gains in that list while leading memecoin Dogecoin dropped the most. The total crypto market capitalization reached US$1.13 trillion overnight, the highest since August 2022, before falling to US$1.12 trillion at 9:15 a.m. in Hong Kong. The total trading volume over the past 24 hours was up by 14.4% to US$54.9 billion. (forkast)
