CoinRegWatch

Binance, the top crypto exchange, converts SAFU funds to USDC stablecoin for better security and transparency, ensuring user protection during extreme situations like hacks. This move reflects Binance’s adaptability to regulatory changes, following a previous conversion from BUSD to USDT and TUSD  Binance, the world’s largest cryptocurrency exchange, has announced the conversion of its Secure…

On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm Santiment, Ethereum transaction fees have taken a notable hit recently. The “transaction fees” here…

2024 started with a bang, with several tokens reaching their ATH, or close to it. Then the brakes were applied, the market saw a startling correction, and crypto prices fell. The XRP news isn’t great, and the BNB price fell substantially. Are the markets in bear mode, or just in a pullback before a stratospheric…

Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs’ previously declared commitment to refocus its organizational efforts. Yuga Labs Hands Over Gaming IPs to Faraway In an April 17 announcement on…

Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend.  Accumulation Addresses Record New All-Time High Of Bitcoin Inflows Data from the on-chain analytics platform CryptoQuant shows that…

On April 19, HashKey Exchange, a licensed platform in Hong Kong, announced changes to its policy concerning handling virtual assets (VAs). Effective May 10, 2024, at 00:00 UTC+8, the exchange will no longer allow VA deposits from Binance-hosted wallet addresses. Furthermore, starting May 17, 2024, at 00:00 UTC+8, HashKey will also prohibit VA withdrawals to…

Amid Bitcoin’s positivity, several analysts and traders have been dropping positive trends, which keeps investors optimistic. Recently, renowned economist Timothy Peterson predicted that Bitcoin’s value could skyrocket to $5 million in about 23 years, with an average yearly growth rate of 22%. As this raises the anticipation around Bitcon (BTC) price, other coins are showing…

Dogecoin has been in a bearish sentiment among investors in the past week that even a tweet from Elon Musk referencing the cryptocurrency earlier in the week failed to do much to cause a price reversal. However, recent transaction volume indicates this might be changing into a bullish sentiment soon, as Dogecoin is finally getting…

TL;DR Shibarium, Shiba Inu’s layer-2 scaling solution, released a new update to improve user experience and platform speed. Since its launch, the network has achieved notable milestones, including over 400 million transactions and a recent surge in daily transactions, which may positively impact SHIB’s price. Shibarium Keeps Progressing The team behind Shiba Inu’s layer-2 scaling…

The alternative coin sector is on the verge of a significant upward momentum, according to a celebrated analyst. This surge is backed by distinct market patterns and promising leaders poised to outperform others. This analysis dives into the details of these patterns and the coins set to make a mark in the booming market. Enthusiasts…