Binance crypto exchange confirms that Signature Bank is scaling down involvement in cryptos by denying support to transactions below $100,000. Also, the pro-crypto bank cited the volatility witnessed in the cryptos industry as exposing Signature Bank to declining yields. Signature Caps Minimum Crypto TransactionBinance statement indicated that Signature Bank was withdrawing support for transactions below $100000. Binance regretted the move by Signature Bank to ban transactions of small amounts as they accounted for 0.01% of the monthly users. The decline has drowned Silvergate Capital, a reason Signature Bank is tactfully withdrawing mass involvement in small transactions.
Reports making the round indicate that the wallet issuing the original Trump NFT collectible has minted new tokens to reward sweepstake prize winners. The former president of the United States, Donald Trump, NFT has seen increased demand after its launch last year. OpenSea Begins Sale of Trump Trading CardsAs confirmed by multiple media outlets, the non-fungible tokens (NFTs) for the Trump sweepstakes winners are now on the popular NFT marketplace, OpenSea. However, the original NFT collectible has a starting price of $99 a piece, while the new NFT has a different price. Contrary to market expectations, the report claimed that the original Trump NFT collection had seen a sharp drop in trading volume after its launch last month.22 days ago Tokenhell
For a trader who is only getting started with trading, shorting can seem like a complicated concept. Covered ShortingCovered Shorting is a technique in which the investor borrows shorting stocks or assets from a lending authority. On the other hand, Bitcoin traders in Canada can use BITI by BetaPro and Short Bitcoin ETP by 21Shares in European countries. Binary Options TradingBinary options for Bitcoin trading are available on several international Bitcoin exchanges, such as OKEx and Deribit. However, by understanding the important dynamics around shorting, investors can increase their chances of success and increase their profits.3 months ago Tokenhell
Based on the report from on-chain analytics firm Santiment, a slew of new Cardano “shark” and whale addresses are arising amid the surge of Cardano price in early 2023. According to Santiment, there are now twenty new addresses with a minimum of one million Cardano tokens since this year’s commencement. However, ADA’s recent increase in price is insignificant compared to that of blockchain gaming application Gala (GALA), which has risen well over 155% from December 31st to date. Cardano Follows Bullish Sentiment, Why ADA Could Become Top 3 CoinSurprise fills the air as Cardano recorded favorable price levels quickly. Cardano, according to a Cardano bull, is underpriced.28 days ago Tokenhell
Telegram native token, Toncoin (TON)’s price grew by almost 10% during the crash of Telegram’s direct messaging competitor, Whatsapp. It’s massive how Whatsapp’s down moment for two hours which left many users frustrated, could significantly affect Telegram positively. About Toncoin (TON) And TelegramTON, short for Telegram Open Network, is a blockchain-based network technology originally developed by the Telegram team. TON ListingIn a related development crypto exchange, KuCoin announced that it would list the TON token on its platform before the end of this week. The KuCoin listing is a massive boost the TON network as the token was also listed by Huobi exchange last month.3 months ago Tokenhell
Mr Puck Mo, the South Korean crypto billionaire, was found dead at his home in Southern Seoul. The South Korean prosecutors alleged that Mo was the main suspect in embezzling Bithumb millions of funds. Bithumb ScandalMo, the vice president of Vidente, a Korean- based crypto-exchange platform, committed suicide by jumping off a building at his home on December 30. Police claim that the suspect was under prosecution scrutiny related to the Bithumb money embezzlement scandal. Bithumb Top Executives ExposedVidente, the crypto trading platform, is listed under KOSDAQ in the Korean stock market.1 month ago Tokenhell