Binance market share falls to 37%, lowest level in four years

According to CCData, Binance also decreased its participation in the derivatives market. Other exchanges are taking a greater role in the market. In September 2024, Binance’s market share fell noticeably, reaching its lowest point since 2020. According to data from CCData, this decline is reflected in both the spot and derivatives markets, marking a significant … Read more

Tension persists between El Salvador and the IMF over the adoption of bitcoin

IMF spokesperson Julie Kozack calls for reducing public sector exposure to bitcoin. The organization considers the 2025 budget proposal to be “a good step.” When everything seemed to indicate that the International Monetary Fund (IMF) and Nayib Bukele’s government had ironed out differences in relation to the adoption of bitcoin (BTC) in El Salvador, there … Read more

Cryptocurrency laundering exceeds the expectations of bitcoiners in Argentina

After learning that the first phase of the cryptocurrency laundering process, implemented in Argentina since last July, will be extended until October 31, representatives of cryptocurrency exchanges are presenting their first balance sheets. In statements to local media, platforms such as Bitso and Lemon offered some statistics, ensuring that money laundering has exceeded their expectations. … Read more

Ripple Payments arrives in Latin America after alliance with Mercado Bitcoin

Ripple today announced its collaboration with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, to launch Ripple Payments in Brazil. This partnership marks a turning point in the adoption of cross-border payments based on cryptoassets, seeking to optimize financial transactions for companies. Bitcoin market becomes the first client in Brazil in using … Read more

XRP returns to a historic resistance zone. How will its price continue?

The asset returned to the $0.50 zone where it has sideways and bounced several times. XRP could remain in this zone for some time, following historical patterns. The price of XRP, the cryptocurrency issued by the Ripple company, has fallen more than 10% in the last 24 hours. With this movement, it returned to a … Read more

International banking system announces “live” tests with digital assets

The Swift system announced through its official website that it will conduct “live” testing with digital assets starting next year. These tests will focus on banks in North America, Europe and Asia, allowing the execution of pilot transactions for the settlement of digital assets and currencies. Starting in 2025, financial institutions will be able use … Read more

the controversial strategy used by bitcoin companies in the US

Joe Biden’s government continues its war against cryptocurrencies, businessmen say. User blocking is the most widely used in the face of the rise of regulatory scrutiny globally. Despite the apparent change in focus that United States President Joe Biden has shown in recent months, the intense regulation against the cryptocurrency sector that has marked his … Read more

Which cryptocurrencies will stand out in the remainder of 2024, according to Grayscale?

SUI, TAO, and OP are some of the cryptocurrencies Grayscale watches. These cryptocurrencies “have great potential in the quarter,” according to the company. With the arrival of the fourth quarter of 2024, Grayscale has renewed the quarterly list of the 20 digital assets that it considers to have high performance potential. This company, an issuer … Read more

SEC appeals decision in Ripple case and XRP falls 12%

The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year, … Read more

Binance eliminates trading of 4 cryptocurrency pairs due to lack of liquidity

They argue that they seek to “protect users and maintain a high-quality trading market.” Excluding a trading pair does not affect the availability of tokens on Binance Spot. This Wednesday, Binance, the largest cryptocurrency exchange by trading volume, announced the removal of four trading pairs due to lack of liquidity and low trading volume. The … Read more