Market Console
Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ
<div>A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.</div>
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
<div>The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.</div>
Meme Coin Demand Is Stronger Than Ever, Crypto Analyst Says
A physical representation of doge and shiba inu token. (Kevin_Y/Pixabay)
Protocol Village: Gnosis Inks Strategic Partnership with Zeal, Invests $2M
<div>The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.</div>
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons on the capabilities of a CBDC in supporting multiple online and offline […]
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an increase in Bitcoin mining and hosting services. The company mined 2,825 bitcoins in […]
Macquarie Bank to Go Cashless as the Banking Sector Shifts to Digital-Only in Australia
Macquarie Bank, one of the largest banks in Australia, will not allow its customers to deposit or withdraw cash or cheques from its office branches starting this month. The move comes as the bank goes cashless, and transitions to digital payments, stating these are “a safe, quick, and more convenient way to bank.” Macquarie Bank […]
VanEck's MarketVector Starts Index to Track the Largest Meme Coins
<div>The index contains a variety of dog-themed coins and other popular meme tokens.</div>
Revolut Launches Stand-Alone Crypto Trading Platform in the UK
Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into the crypto market. Revolut X allows trading of over 100 tokens and offers competitive fees of 0% for makers […]
Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T
<div>Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak.</div>
Optimism Stack Update: OP to Support Layer Three With Funding, Features, and Revenue Sharing
Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […]
Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler
The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps would act as a bridge, linking the older and younger generations of Ghana. Crypto Stamp […]
Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’
A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits and limited alternative choices to obtain similar advantages.” Research Paper Identifies 15 CBDC Opportunities […]
Crypto Wallet Firm Exodus Faces Unexpected Setback in NYSE Uplisting Plan
Exodus Movement, a crypto wallet company, announced that its planned listing on NYSE American will not proceed as scheduled due to the U.S. Securities and Exchange Commission (SEC) still reviewing its registration statement, despite the statement being declared effective at the end of April. The company, which intended to uplist from OTC trading to expand […]
Tokyo-Based Crypto Exchange Coincheck to List on Nasdaq Through Merger
Coincheck, a Japanese cryptocurrency exchange, has made a public filing to list Coincheck Group B.V. on Nasdaq through a De-SPAC transaction with Thunder Bridge Capital Partners IV Inc. This follows an earlier announcement from March 22, 2022, detailing plans by Monex Group Inc., Coincheck’s parent company, for the listing. After the listing, Coincheck will become […]
'Boden' Memecoin Surges After Trump Quips About It
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Crypto Derivatives Exchange Bitmex Ventures Into Options Trading
On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […]
Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
<div>Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.</div>
Standard Chartered: Second Trump Term Would Be ‘Broadly Positive’ for Crypto
Standard Chartered Bank predicts that a second term for the Trump administration would create a favorable regulatory landscape, leading to a positive outlook for the crypto sector. The bank has revised its forecast citing improved market sentiment after cautioning that bitcoin’s price could drop to the $50K range. Standard Chartered on Trump and Crypto Standard […]
Chevron Stock's EPS Growth Potential Can Surprise Market
Chevron's acquisition of HES in Oct 2023 has been facing regulatory scrutiny recently. See why the upside potential for CVX ...