Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Europe
One Trading Extends the Reach of its Institutional Trading Services in Europe Through Integration with Talos
London, United Kingdom, May 16th, 2024, Chainwire Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network of liquidity providers, expanding the possible destinations for their shared clients looking to achieve best execution. Talos users will now be able to access One Trading’s high-speed…
1 year ago
SOL Price Breaks Crucial $150 Level Amid Robinhood’s Solana Staking Debut In Europe
Robinhood Crypto has announced the introduction of a Solana-staking product in Europe, accompanied by a bonus program for new customers. This development comes as the company faces increased tensions with US regulators, which could potentially lead to legal repercussions. However, the move has propelled Solana’s (SOL) price to surpass the crucial $150 level, indicating a return of bullish momentum in the market. Solana Staking And Crypto Rewards According to the announcement, Robinhood unveiled new features for its European customers. These…
1 year ago
Floki Inu Goes Live on Revolut Business, Expanding Reach in Europe
The post Floki Inu Goes Live on Revolut Business, Expanding Reach in Europe appeared first on Coinpedia Fintech News The Floki Inu team took to X to announce that FLOKI is now live on Revolut Business. The Revolut Business listing is set to make Floki Inu accessible to millions of European businesses. It will accelerate FLOKI’s vision of becoming the world’s most well-known and most used cryptocurrency. Revolut is the biggest neobank and retail trading app in Europe, with over…
1 year ago
Ex-FTX Europe Exec Purchases Titanic Gold Watch for $1.5M: Report
A former executive of the European arm of the bankrupt cryptocurrency exchange FTX has bought a gold pocket watch recovered from the Titanic wreck for £1.175 million ($1.5 million), the largest sum ever spent on any piece from the memorable incident. According to a Wall Street Journal report, German fintech entrepreneur and former head of FTX Europe Patrick Gruhn bought the 14-karat gold watch last Saturday from the English auction house Henry Aldridge & Son, a leading seller of Titanic…
1 year ago
Europe and UK doing their best to shut retail off from crypto
As the European Union seeks to ban payments of more than €3,000 to self-custodial wallets, the UK financial watchdog continues to shut off UK citizen’s access to buying and selling of cryptocurrencies. The world has turned upside down For many citizens in the West, what is happening in their countries financially may still not register. A frog that is placed into cold water, which is then very slowly brought to boiling point, may not notice the adverse temperature until it’s…
1 year ago
Europol Seizes $19M From Under-fire Exchange Bitzlato
The European Union Agency for Law Enforcement Cooperation released a statement on Monday detailing its latest action against troubled exchange Bitzlato. Per the release, Europol is now in possession of digital wallets holding $19M worth of crypto which, Europol alleges the firm procured unlawfully. Europol's latest release also claims that about half of Bitzlato's transactions are tied to criminal activities. Agencies Join Forces to Target Bitzlato The strike on the crypto firm occurred via an operation in which Europol was…
2 years ago
Crypto Now a Popular Investment Option for European Families
More than 50% of European families have some investment in digital currency. The average European family sees crypto as a viable investment and savings option. This data comes from several recent surveys conducted over different demographic areas. Despite the volatility of the crypto space, as recent events highlight, it has seen a continuous rise in new investors. More people are committing to crypto investments and many of them are taking steps to buy into the growing market. The flurry…
3 years ago
European Citizens Arrested for “Aiding” North Korea in Bypassing Bans
Christopher Emms and Alejandro Cao De Benos, British and Spanish residents respectively, are facing charges from US authorities for aiding North Korea's efforts against the western nation's sanctions. Emms and De Benos reportedly used and "taught" crypto to North Korean dissidents. Defendants Collaborate to Aid Efforts to Evade Sanctions The two Europeans allegedly educated the Democratic People's Republic of Korea on digital currency and blockchain services. As a result, alongside crypto expert Virgil Griffith, they worked to provide information on…
3 years ago
Europe’s Largest Crypto Market Counts Over $1Trillion in Transactions
According to recent reports, Europe has become the world's largest crypto market for DeFi adoption driving investments. European countries received over $1T worth of cryptocurrency over the last year. This figure represents about 25% of global cryptocurrency activity. Chainalysis released this report on Tuesday, as UK and Germany termed as the countries leading the adoption. According to the report, the CNWE region accounts for almost 30% of the global crypto movement between July 2020 and June 2021. The region saw a significant uptrend in…
4 years ago