Category: cryptocurrency exchange

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cryptocurrency exchange Cryptocurrency news

CoinEx sponsors 2049 Dubai token as proof of its commitment to promoting global cryptocurrency adoption

Dubai, United Arab Emirates, April 2024: CoinEx, a leading global cryptocurrency exchange, is honored to announce its sponsorship as a Gold Partner of Token 2049 Dubai from April 18 to 19, 2024. As one of the events of blockchain and cryptocurrencies, 2049 most influential Token in the world. brings together industry pioneers, investors, businesses, developers, media and other stakeholders to start conversations that will shape the future of Web3.

As a veteran exchange serving over 5 million users in over 200 countries, CoinEx is pleased to participate in Token 2049 Dubai and contribute to the event’s vibrant atmosphere of collaboration and innovation.

“We are excited to connect with the global crypto community as the title sponsor of the 2049 Dubai token,” said Haipo Yang, CEO of CoinEx. Events like Token 2049 are key to driving widespread adoption, promoting an open exchange of ideas, and strengthening ties between builders in this space. The sponsorship reflects our continued commitment to enabling global cryptocurrency adoption.

Additionally, CoinEx and ViaBTC will also host a seaside after-party called “Dubai Beach Night: Where BTC Meets Fun Together” with INTERHASH as co-host at Verde Dubai, Jumeirah Beach Hotel on April 17 at 8:00 PM. 00. I am. CoinEx hopes to engage crypto communities around the world and drive cryptocurrency adoption hand in hand.

About CoinEx

Founded in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform offers a range of services including spot and margin trading, futures, swaps, automated market makers (AMMs), and financial management services to more than 5 million users in more than 200 countries and regions.

With its “quality, fast, and comprehensive” listing strategies, CoinEx has listed over 900 tokens and over 1,400 trading pairs. This wide selection allows users to access the latest cryptocurrencies at the forefront of innovation. Since its inception, CoinEx has firmly adhered to the service principle of “user first”. With the sincere intention of fostering a fair, respectful and safe cryptocurrency trading environment, CoinEx allows people with different levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.

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cryptocurrency exchange Cryptocurrency news

Study finds that 70% to 80% of secondary market transactions involve cryptocurrencies and stablecoins

Around 70% to 80% of cryptocurrency secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, along with the huge popularity of crypto assets in the country, are among the reasons why the won is now the second most used fiat currency.
Decline in cryptocurrency volumes for stablecoin 2021/2

According to the latest analysis by the European Securities and Markets Authority (ESMA) on the structure of the cryptoasset market, approximately 70% to 80% of secondary market transactions occur between cryptoassets and stablecoins, without the participation or the use of fiat currencies.

While this is often the case, the ESMA report suggests that during periods of strong growth, transactions between cryptocurrencies and stablecoins often give way to crypto-crypto transactions. The report supports this theory by noting the increase in crypto-to-stablecoin volumes and a decrease in crypto-to-stablecoin volumes in 2020 and 2021. A similar trend was observed in the second half of 2023.

On the other hand, the ESMA report indicates that the growth of crypto transactions involving fiat currencies may suggest “a greater appetite or flight behavior towards security when withdrawing.” While the US dollar is, unsurprisingly, the most favored fiat currency, ESMA’s analysis also found that the use of the South Korean won has increased significantly.

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cryptocurrency exchange Cryptocurrency news

Crypto Prices Today April 5: Bitcoin At $67K, Ethereum Nears $3300

The top crypto prices today witnessed a mixed action as the Bitcoin (BTC) price rebounded above the $67,000 level. In addition, the Ethereum price neared the $3,300 mark. Meanwhile, other top altcoins, such as XRP and Solana (SOL) tumbled notably while Cardano (ADA) recovered.

Major Crypto Prices Today

The Bitcoin price was up by 3.28% reaching $67,663.81 at the time of writing on Friday, April 5. On the other hand, it’s trading volume jumped 11.53% to $35.12 billion in the last 24 hours. Whilst, the crypto boasted a market capitalization of $1.33 trillion.

Looking at altcoins, the Ethereum price plunged 0.78% to $3,284.74 at press time with a market valuation of $394.55 billion. Whilst, ETH saw its trading volume drop by 27.98%, reaching $14.90 billion. Meanwhile, the Binance Coin (BNB) price defied the bearish sentiment and gained 3.77%, reaching $577.48. On the contrary, its 24-hour trade volume slumped by 3.67% to $2.26 billion.

The Solana price approached a drop below the $190 mark again. The Solana price declined 3.34%, settling at $182.11. In addition, SOL witnessed a 15.94% crash in trade volume to $3.81 billion in the last 24 hours. Whilst, the XRP price extended lower than the $0.59 level. The XRP price recorded a slump of 1.94%, reaching $0.5879. On the other hand, XRP’s trading volume dipped 5.83% to $2.00 billion.

Meanwhile, the Cardano price tumbled 2.72% to $0.5706 today. Whilst, ADA recorded a 26.08% decline in its 24-hour trading volume, settling at $466.28 million. As the top crypto prices crashed today, the meme coin arena followed suit. The Dogecoin price was down by 5.94% to $0.1743 while its rival, Shiba Inu price dipped by 3.60% and traded at $0.00002616.

Also Read: Bitcoin (BTC) Price: Is Long-Term Holder Selloff A Blessing In Disguise?

Top Crypto Prices Today Are
Pepe Coin (PEPE)

The Pepe Coin (PEPE) crypto, a hyped Solana meme coin, didn’t see much change in price today. At press time, the Pepe Coin price was down by 0.26% to $0.000006737 with a market valuation of $2.83 billion. In addition, the 24-hour trade volume for PEPE slumped 16.19% to $510.13 million.

Pendle Soars 28%

Pendle (PENDLE), an Olympus Pro ecosystem token, recorded an impressive surge of nearly 28% and ranked as the top crypto gainer today. The Ethena price was up by 27.64% to $6.27 at the time of reporting. Moreover, its trade volume skyrocketed by a staggering 229.37% and stood at $332.14 million. Furthermore, the Pendle crypto recorded a new all-time high of $6.63 amid the rally today.

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Bitcoin cryptocurrency exchange Cryptocurrency news Investment News

Bitcoin Soars to Recover $70,000, AI Predicts Ethereum and Rebel Satoshi Price Rising in Late 2024

Buckle up, cryptocurrency enthusiasts, because the market is taking off! After a brief dip, Bitcoin, the undisputed king of cryptocurrencies, recovered and reclaimed the $71,000 mark. This bullish rise is a welcome sign for investors who were starting to sweat after a period of profit-taking.

But Bitcoin isn’t the only major cryptocurrency it celebrates. Leading altcoin Ethereum and new memecoin Rebel Satoshi are also showing strong signs of life, with experts using artificial intelligence predicting a prosperous end to the year for both.

Bitcoin’s Resilient Recovery

Bitcoin’s recent volatility can be attributed to a classic case of profit-taking after hitting record highs last week.

However, the Federal Reserve’s decision to maintain interest rates and signal possible cuts for the end of 2024 injected a dose of optimism into the market. This and the weakening dollar fueled Bitcoin’s impressive return.

Analysts are cautiously optimistic, but one thing is certain: Bitcoin’s resilience is in sight.

Ethereum Boost After Dencun Update

While Bitcoin is in the spotlight, Ethereum, the innovative altcoin that powers decentralized applications (dApps), is quietly charting its own course. For good reason, Ethereum has consistently been ranked among the best cryptocurrency investments. Its unique blockchain technology allows developers to create secure and transparent applications, fostering a thriving ecosystem.

With the Ethereum Dencun upgrade just completed, experts are predicting even better things for Ethereum in the coming months.

The Dencun update on Ethereum introduces new data storage capabilities aimed at reducing the fee costs of its Layer 2 scaling solutions. The update also implements a fixed limit for validator input to manage the growth of the validator pool and maintain a efficient communication between nodes.

AI predicts a bullish end for Ethereum and Rebel Satoshi

The future of cryptocurrencies may be a murky picture, but artificial intelligence (AI) offers some intriguing insights. AI can predict potential price movements by analyzing large amounts of historical data and market trends. According to recent AI predictions, Ethereum and memecoin sensation Rebel Satoshi could see significant price increases by the end of 2024.

Rebel Satoshi: the renegade memecoin causing a sensation

The memecoin space, once dominated by Dogecoin, has welcomed a passionate new challenger: Rebel Satoshi ($RBLZ).

Inspired by the rebellious spirit of historical figures like Guy Fawkes and Satoshi Nakamoto (the pseudonymous creator of Bitcoin), Rebel Satoshi offers a unique combination of community, utility and investment potential.

Described by some investors as the best memecoin of the moment, Rebel Satoshi has a collection of 9,999 unique NFTs (non-fungible tokens) with exclusive digital art and collectibles. Owning $RBLZ grants users access to a vibrant marketplace, the opportunity to participate in missions and claim rewards, and the ability to stake their tokens for additional benefits.

Enter $RECQ: Feeding the Rebel Spirit

The Rebel Satoshi ecosystem is further driven by a second token, $RECQ, the native transactional token. Think of $RBLZ as the gold standard, the long-term investment that unlocks exclusive membership benefits. $RECQ, on the other hand, is the everyday currency used for purchases in the Rebel Satoshi universe, from arcade games and NFTs to in-game items and merchandise.

The future of cryptocurrencies: a multi-currency universe

The cryptocurrency market is evolving rapidly and it is increasingly clear that there is no “best cryptocurrency”. Instead, a diverse portfolio that includes established players like Bitcoin and Ethereum, along with promising altcoins and innovative memecoins like Rebel Satoshi, could be the key to long-term success.

With the rise of $RECQ fueling the Rebel Satoshi ecosystem and AI predictions predicting a bright future for Ethereum, the cryptocurrency landscape is full of exciting possibilities. As always, do your own research before investing, but one thing is for sure: the future of cryptocurrencies looks optimistic!

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Bitcoin Bitcoin Investment cryptocurrency exchange Cryptocurrency news Ripple

Ripple and Dogecoin investors rush to draw coin pre-sale

As Ripple and Dogecoin investors look for new opportunities, Raffle Coin (RAFF) emerges in its pre-sale phase, attracting huge interest with its $0.020 Stage 1 tokens.

Ripple’s Effect on Regulatory Reform

As Rep. French Hill said, the recent “ruling” against the SEC “in a court of public opinion” shows the need for SEC regulatory reform. This development will expose the commission’s regulatory overreach and the impact it would have on the cryptocurrency industry.

During a hearing on Capitol Hill, Rep. Hill delved into the SEC’s loss in a case involving Ripple Labs, with a federal court finding that the company did not violate securities law by offering Ripple. This decision marks a significant victory for Ripple and sparks debate about the need for reform within the SEC.

Dogecoin Navigates Market Volatility

However, in light of market fluctuations, Dogecoin continues to be a topic of discussion among investors. As they say, during ups and downs, Dogecoin’s current trading price and market indicators raise doubts about whether this asset is quite good for investment.

Analysts say they are cautiously optimistic as Dogecoin navigates uncertain economic conditions while awaiting macroeconomic developments. Although Dogecoin has reduced its value in recent sessions, its resilience and potential to be among the winners in the future are remarkable.

Raffle Coin becomes important in the definition

In these market uncertainties, the pre-sale of Raffle Coin (RAFF) gives an opportunity to the investor. It offers many uses and benefits in the ecosystem; Therefore, Raffle Coin defines the way we conduct a giveaway by interacting with decentralized platforms. Easy to use, with instant withdrawals and a wide variety of prizes, Raffle Coin democratizes giveaways. The Raff token has been fully approved for audit and the locked liquidity will give confidence to investors.