Cryptocurrency Industry News

The Crypto market has been on a wild ride in 2023. Bitcoin is down over 11% in August alone. Ethereum has fallen 12% by comparison. And other major Cryptocurrencies like Dogecoin and Solana have crashed even further, with August losses of 18% and 17% respectively.

With the unveiling of Crypto IBANs and cutting-edge Point of Sale (PoS) systems, European Banking Solutions (EBS) is empowering businesses to navigate the world of cryptocurrencies, transactions, and payments with unparalleled ease and security. 

PrimeXBT, a leading cryptocurrency trading platform, offers an innovative feature called copy trading, which allows users to follow and “copy” the trades of successful strategy managers with only a click. Within this key platform feature lies the Wall of Fame, a living testament to the exceptional performances of retired traders who have forever left an impression on the fully-transparent leaderboards.

In the midst of a dynamic and fast-evolving financial era, traditional finance is undergoing a seismic shift. Digital currencies, once viewed as a niche interest for tech enthusiasts, are rapidly moving into the mainstream, presenting a viable alternative to conventional financial practices.

The continuously evolving crypto market has given rise to numerous platforms for buying, selling, and trading digital assets. PrimeXBT, established in 2018, has seen considerable growth in popularity due to its extensive selection of financial instruments. 

As the cryptocurrency market continues to gain momentum, traders need to stay equipped with the right tools to navigate this fast-paced and dynamic environment. This article will explore the essential crypto tools that every trader should consider incorporating into their trading arsenal.

FUN Token is a leading gaming token with over 350,000 users. It is backed by FreeBitco.in, the biggest Bitcoin faucet in the world with over 51 million crypto-savvy users.

CRYPTOVSUMMIT, the premier conference for the cryptocurrency industry, is set to take place on May 10th, 2023, at the Address Dubai Mall Hotel. The event will bring together industry leaders, innovators, investors, and policymakers to discuss the latest developments and opportunities in the rapidly evolving world of cryptocurrency.

CRYPTOVSUMMIT, the premier conference for the cryptocurrency industry, is set to take place on May 10th, 2023, at the Address Dubai Mall Hotel. The event will bring together industry leaders, innovators, investors, and policymakers to discuss the latest developments and opportunities in the rapidly evolving world of cryptocurrency.

Blockchain Economy Istanbul Summit will be the region's primary gathering for the blockchain and cryptocurrency communities. Teklip, an innovative tech-advertising and media company, is proud to present the Blockchain Economy Istanbul Summit, Eurasia's largest blockchain event. Istanbul is one of the world's oldest, most historically and culturally rich cities. According to current estimates, 16% of Turkey's population, or 13.6 million people, own cryptocurrency, making it one of the world's largest crypto-owning nations.

UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.

B2BinPay, a premier crypto payment processing service provider, has recently implemented some major changes to its commission structure, website design, Enterprise and Merchant models, fees and prices, and the solution itself. These modifications have made B2BinPay's services much more affordable for customers while providing a more user-friendly experience on its website. 

Bybit, the world’s third most visited crypto exchange, has implemented a Proof of Reserves system that allows users to verify the company's holdings directly. The system uses Merkle Tree to enable users to quickly verify their assets deposited in Bybit and authenticates that Bybit holds all the users’ assets 1:1.

Many news segments and their buzzwords dominated 2022: inflation, war, energy and currency crises, the FTX meltdown, and one bitcoin now being priced less than the cost of mining one. With this in mind, let’s briefly examine how crypto and Forex have bounced off each other in 2022.

Two months after the listing on WhiteBIT, WBT is to be listed on another well-known crypto exchange, MEXC. 

Trends come and go, but it looks like the metaverse is firmly here to stay. In crypto, we’ve seen a wide range of trends: DeFi, NFTs, and now, metaverse tokens. One project hoping to capitalise on the metaverse trend is Metacade, a community-centred platform aiming at the heart of GameFi.

WhiteBIT Token (WBT) continues to grow and strengthen its position in the global market. It has become an excellent example of how fast the development of a project in the crypto industry can be.

SolidusX is a United Kingdom-based broker that offers trading for a range of assets, including cryptocurrencies, forex, CFDs, ETFs and commodities, and with different trading accounts suitable for both, beginners and professional traders.

Our selection of coins to trade on our platform just got larger! With the addition of 4 new coins, we wanted to give our customers more choice in their trading journey and help them to discover exciting cryptocurrency projects.

The 4 coins that have been added to our platform are:

• Polkadot (DOT)
• Stellar (XLM)
• Tezos (XTZ)
• Basic Attention Token (BAT)

All 4 coins will be added to our Buy/Sell service as of today on both our App and on our Web platform.

Since their inception, meme cryptocurrencies have dominated the cryptocurrency industry and the world's financial market. Based on internet memes, these cryptocurrencies provide a variety of real-world use cases and are encouraging the adoption of decentralization in the world of finance.

This summer has been a difficult period for crypto investors. It has seen prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Terra (LUNA) significantly decline in value.

There are a lot of reasons why people get involved in the crypto market; being at the forefront of cutting-edge technology like blockchain, tapping into an energetic community, and making a profit in one of the biggest modern asset classes.

Some major stablecoins recently lost their peg with the U.S. Dollar, raising concerns amongst investors about their safety. Stablecoins are designed to always remain tied one-to-one to the U.S. Dollar, marketing them as relatively safe assets in an otherwise highly volatile cryptocurrency market.

Since February 24, 2022, Ukraine has been in the military turmoil caused by the Russian invasion. According to the official resources, over 4 million people were forced to leave their cities and flee from the war. And all in the heart of Europe.

Orbex, a leading investment firm offering forex and CFD trading services, has announced the expansion of its asset range with the introduction of cryptocurrency trading. Orbex’s new cryptocurrency range comes amid increasing demand for online crypto trading and features eleven of the world’s largest coins by market capitalization including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Cardano, Dogecoin, Polkadot, EOS, Chainlink and Stellar.

MultiBank.io underlines blockchain ambitions with champion golfer Danny Willett sponsorship ahead of new digital assets offering. The MultiBank Group, one of the world's leading online financial derivatives brokers, has unveiled the new brand identity of its blockchain and cryptocurrency arm, MultiBank.io. 

In line with its mission to democratise finance for all, leading multi-asset financial services firm BDSwiss has recently announced the expansion of its cryptocurrency offering with nine new CFD crypto-pairs. The latest coin listings join BDSwiss’ existing cryptocurrency line-up which includes some of the world’s largest cryptocurrencies by market capitalization, paired against the EUR and the USD.

It is not a secret: crypto games are on the rise, and the new concept of Play-to-Earn (P2E) games are shaping the videogame industry.

You shouldn't be surprised then if so many people, of any age and with different objectives in mind, entered this brave new world. Not only investors are investing in the game,...