A recent report by Kaiko has shed light on a concerning trend in the cryptocurrency market – the severe decline in liquidity for privacy tokens. The data reveals that liquidity for privacy tokens has reached an all-time low of just $5 million. This sharp drop can be attributed to the delisting of several trading pairs
Crypto
Bitcoin, the world’s largest cryptocurrency, experienced a rapid decline in value earlier this month. However, a closer analysis of the market reveals an interesting trend in the actions of large Bitcoin holders during this price dip. These holders, who possess over 1% of the total supply, actively accumulated a significant amount of Bitcoin during the
In a bid to enhance transparency and financial integrity, Binance, one of the world’s leading cryptocurrency exchanges, has released its latest Proof-of-Reserves (PoR) report. The report reveals that Binance holds more than enough reserves across different cryptocurrencies to cover customer balances. This move is essential in building trust within Binance’s user base and combating the
As Bitcoin continued to soar to new heights in 2023, the number of crypto ATMs providing access to digital currencies through cash or debit cards saw a significant decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide dropped from 37,827 on January 1, 2023, to 33,628 on January 1, 2024. This