Binance Faucets Mastercard to Introduce Crypto Pay as you go Card in Brazil (Report)

The world’s largest cryptocurrency exchange – Binance – joined forces with the multinational financial services giant – Mastercard – to launch a prepaid card in Brazil.  The partners previously rolled out such a feature in Argentina. As reported by Reuters today (January 30), the Binance card is still in beta testing and should be available to…
View Post

Why Binance Opened 90% Of Accounts Closed For Investigation

Following the collapse of the crypto exchange FTX, most global regulators intensified their watch on crypto-related activities and platforms like Binance. As a result, some have opened investigations on most of the crypto industry’s prominent crypto exchanges and trading platforms.  Crypto exchange Bitzlato has been under investigation by the United States Department of Justice (DoJ).…
View Post

Ethereum Community Utilization Skyrockets As ETH Hits Two-Month Excessive

Despite the crypto market conditions, crypto assets and blockchains have continued to amass new highs pushing the global cryptocurrency market forward. In today’s news, Ethereum on-chain activity recorded a new high following the crypto market revival. Various metrics under the Ethereum network have only continued to show a steady increase in the past few months.…
View Post

Bitcoin value pares weekend positive aspects as one other CME ‘hole’ lurks beneath $20K

Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sees flash dip below $23,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day.These, while Bitcoin’s…
View Post

Digital asset funding merchandise see highest inflows since July 2022: Report

On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest since July 2022. CoinShares reported that the sector’s total assets under management rose to $28 billion, a 43% increase from its November 2022…
View Post