Centralized crypto exchanges (CEXs) have grown tremendously in popularity over the last few years as they have made it easier for users to invest in cryptocurrencies. CEXs have benefited significantly from institutional investments, with over $3 billion in inflows last year. Binance has reportedly raised over $3 billion across four funds, while Coinbase has raised […]
Many bitcoin (BTC) and ethereum (ETH) have been removed from crypto exchanges since the start of FTX’s collapse on November 5, 2022. According to data from cryptoquant.com, 356,848 BTC, or $6 billion using the current bitcoin exchange rates, have been removed since that day 51 days ago. The majority of bitcoin and ethereum withdrawals have […]
Binance Smart Chain witnessed a security breach that caused approximately 2 million BNB to be stolen, which was estimated to be around $600 million. The hack prompted the BSC (Binance Smart Chain) to be paused temporarily on October 6th. This means the deposits and withdrawals were not allowed to function. Earlier today, the BNB chain […]
EURCHF Analysis – October 4 EURCHF Buyers have seized control of the market. This is yet another attempt by the buyers to bring the price back up to a respectable key level. This is not the first time trying to pump the market. However, this attempt seems different simply because the current pair has been […]
AUDJPY Analysis – October 3rd AUDJPY sellers seek long-term projections as traders are positioned for more selling moments. The sellers have been making a substantial movement downward as selling pressure is still causing a major spill in price in the current phase. There has been a consistent sell trend back into the consolidation zone following […]
Defi Coin Price Forecast: October 2 The DeFi Coin price forecast indicates that the DEFC value will return to a retest of the price level at $0.06950. This comes after many weeks in which the price continued to rise. The market retraced back to this level, likely due to the waning of the bullish pressure […]
The rapid rise in the use of cryptocurrencies has prompted the availability of platforms to buy, sell, and swap various cryptocurrencies. The platform through which these operations are carried out is called a “crypto exchange”. There are numerous crypto exchanges. A few examples include Binance, Uniswap, and Kraken.These crypto exchanges can be classified into two […]
