Exchanges

The post HSBC Australia To Block All Customer Payments to Crypto Exchanges appeared first on Coinpedia Fintech News HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges via credit or debit cards, starting from July 24, 2024. The bank cites the high-risk nature of such transactions as the primary reason for this decision. HSBC Australia aims to protect its customers by implementing this payment blockade and plans to further enhance security measures to safeguard against…

The post XRP Beats BTC, SOL, and ETH On Volume Change Across Major Exchanges appeared first on Coinpedia Fintech News XRP outperforms market leaders Bitcoin, Solana, and Ethereum on volume change across major exchanges such as Binance, Coinbase, and Kraken. Over a 24-hour period, XRP recorded a remarkable 410% spike in trade volume on Upbit marking its highest trade volume spike in any centralized exchange. Recently, XRP outpaced Bitcoin in trade volume across the entire Korean market. At the time,…

Toronto, Canada, July 21st, 2024, Chainwire A new study reveals some Canadian crypto platforms charge up to 19x more in fees RankFi, an independent comparison platform, has released its latest study on cryptocurrency exchange fees, highlighting substantial cost differences among 18 Canadian trading platforms. This comprehensive analysis aims to help crypto investors find the best deals for buying and selling Bitcoin in Canada. The study identified two major challenges faced by crypto investors: high fees that reduce returns and the…

WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic Sell-Off Fears Rise  Blockchain analytics firm Elliptic analyzed the breach, revealing that approximately $235 million worth of various crypto assets were lost, including Shiba Inu…

Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to exchange data shared by one analyst on X, BTC holders increasingly pull their coins from exchanges. On July 5, when prices tanked, pushing the world’s…

As we head into the second half of 2024, the cryptocurrency market is showing promising signs of potentially entering a new bullish phase. Several key indicators point to this bullish trend, such as a 65 Fear&Greed Index, a declining Network Value to Transactions (NVT) ratio—often suggesting higher transaction volumes in an undervalued market—and a shrinking stablecoin market cap, which could indicate asset diversification and a shift in market sentiment, especially coupled with the current greed index.  These factors indicate growing…

The post DTX Exchange’s $900K Performance Takes Spotlight Away From Fetch.ai (FET) and Optimism (OP) appeared first on Coinpedia Fintech News DTX Exchange, currently in the 2nd stage, has become the talk of the town as its presale has already surpassed  $900k in a month. Experts believe that the DTX is the next blue chip crypto with high utility. This huge flow in the DTX has taken away the spotlight from coins like Fetch.ai (FET) and Optimism (OP), which are…

CoinCub ranks Argentina among the most restrictive countries for cryptocurrencies, similar to Nigeria, China, and Russia. Despite regulatory challenges, President Javier Milei’s neutral stance offers some hope, yet he did not veto new regulations. In Argentina, the regulation for cryptocurrencies, particularly Bitcoin, has sparked a range of reactions among users. Introduced over three months ago, these regulations described in CNF, aim to oversee cryptocurrency exchanges and service providers.  This move, orchestrated by Argentina’s National Securities Commission under international financial guidelines,…

Driven by a mix of positive elements, Solana (SOL) is seeing a spike in trading activity. This covers big buy orders, institutional investors’ savvy purchasing approach, and the expected release of SOL-based exchange-traded funds (ETFs). Whales Consolidate SOL discretely Trading data shows a notable increase in trading volume among key exchanges including Binance, Coinbase, Gate.io, and OKX. However, a more in-depth analysis by Coinact.gg, which is a real-time trading research programme, indicates a pattern that is very intriguing: a “Major…