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July 14, 2023
Claims can be converted into collateral to trade crypto futures on the exchange. OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims. According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX’s...
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SOL price rallied to a year-to-date high above $30, but Solana’s struggle with increasing its user stats call the current bullish momentum into question. Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as...
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Binance CEO Changpeng Zhao wrote that decentralized finance will continue to accelerate, and more people will interact with DeFi products. Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary.  Within the...
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Bitcoin on-chain spending is heating up and, so far, is “rhyming” with past BTC price cycles. Bitcoin (BTC) long-term holders are coming back to life as BTC price increases, the latest analysis confirms. In a tweet on July 13, Philip Swift, creator of on-chain data resource LookIntoBitcoin, revealed classic bull market behavior among “older” BTC...
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The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? British society is both civil and democratic, so it wasn’t unexpected that the government of the United Kingdom would “consult” the public before signing off on a digital version of the...
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From Steemit and LBRY to Ujo Music and SuperRare, discover how blockchain technology empowers content creators in the digital age. Blockchain technology has recently penetrated a number of sectors, altering the way we do business, store data and interact with digital assets. The decentralized and transparent nature of blockchain also benefits content creators, including authors,...
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Following a partial win in its long-running court battle with the SEC, Ripple’s XRP token surged over 90% on July 13, reaching a new yearly high of $0.91. Trading volume of XRP (XRP) tokens on the South Korean crypto exchange Upbit has surpassed Bitcoin (BTC) in the past 24 hours. The XRP/KRW trading pair saw...
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Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. The government of Indonesia is moving forward with its plans to launch a national cryptocurrency exchange, and expects to debut the platform in the coming weeks. Indonesia’s Commodity Futures Trading Supervisory Agency (CoFTRA), also known as Bappebti,...
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The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody. Cross-chain router protocol Multichain has announced that it is “forced to cease operations” because of the lack of operational funds. The announcement follows a report from blockchain analytics firm Chainalysis saying...
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XRP price almost doubled after Ripple’s legal win against the U.S. SEC. But can its rally continue after nearly reaching $1? The price of XRP (XRP) has skyrocketed in the aftermath of a federal court ruling saying that its sales on crypto exchanges complied with U.S. securities laws. On July 14, XRP price retreated by...
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