Binance overshadows Huobi in crypto derivatives trading

Crypto derivatives trading was responsible for 63.4% of the entire crypto market in September as its trading increased by 1.54% month over month to reach $2.71 trillion, according to CryptoComapre data. Changpeng Zho-led Binance accounted for 60.1% of this derivatives trading volume among exchanges in September. This trend continued from July and August when its …

Moldova bans crypto mining amid energy crisis

Moldova is currently facing an energy crunch due to Ukraine’s inability to continue exporting 30% of the electricity it needs. 1 min read Updated: October 26, 2022 at 4:28 pm Cover art/illustration via CryptoSlate Moldova has banned crypto mining activities and the importation of its equipment because of the growing energy crisis, EPrimeFeed reported Oct. …

Vitalik says making ZK proofs ‘understandable’ is necessary for Ethereum

Making zero-knowledge proofs (ZKPs) “understandable and accessible” to people is necessary to keep the Ethereum ecosystem “open and welcoming” to people without a mathematics degree, Ethereum co-founder Vitalik Buterin tweeted Oct 26. ZKPs are often referred to as “moon math” because of their complexity. I’m so happy that Ethereum has such a strong culture of …

US lawmakers express concern over crypto firms hiring former government officials

Five US Democratic lawmakers led by Senator Elizabeth Warren have written the heads of several financial regulators in the country, enquiring about the “revolving door’ between government agencies and the crypto industry. The letter, citing a Tech Transparency Project report, noted that over 200 ex-government officials were now working in crypto firms and serving in …

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping …

Biggest Movers: DOGE Hits 2-Month High, ADA Rallies by 10%

A day after hitting a one-week high, dogecoin raced to a two-month high earlier in today’s session. Wednesday’s surge in price comes as the global cryptocurrency market was up by nearly 7% on the day. Cardano also traded higher, climbing by over 10% in the process. Dogecoin (DOGE) Dogecoin (DOGE) rose higher for a second …

White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday

The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billion Twitter buyout deal by Friday to avoid a court trial. No National Security Reviews on Elon Musk’s Ventures The White House has reportedly clarified …

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 6-Week Highs as Dollar Loses Steam

Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high in today’s session Bitcoin Bitcoin …

Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin

A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as legal tender. The poll results indicate that almost two-thirds of the population has a negative impression of bitcoin, with only a quarter of …

Global Bitcoin Payments Market To Meteorically Rise to Nearly $4,000,000,000,000 Within a Decade: New Study

A report published in Allied Market Research forecasts the value of the Bitcoin (BTC) payment market will balloon to almost $4 trillion by 2031. The report predicts that Bitcoin’s payment market value, which was valued at $850.6 billion in 2021, will grow by a compound annual growth rate (CAGR) of 16.3% from 2022 to 2031, …

Ethereum-Compatible Sidechain Could Be Very Bullish for XRP, According to Coin Bureau – Here’s Why

Ripple’s new push to develop a sidechain on the XRP Ledger (XRPL) could be “very bullish” for XRP, according to a popular crypto analyst. The San Francisco payments firm said in a blog post earlier this month that blockchain development company Peersyst Technology is currently testing an Ethereum Virtual Machine (EVM) compatible sidechain for the …

Why is the crypto market up today?

Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and …

Crypto City: Guide to San Francisco Bay Area

This “Crypto City” guide looks at the San Francisco Bay Area’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. You really might leave your heart in San Francisco with all the projects in the Bay Area. Fast facts City: San …

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