EU watchdog warns of small number of exchanges dominating crypto

ESMA has pointed out that crypto trading is heavily dominated by a few players, which could lead to significant risks for the entire financial market infrastructure. On April 10, a new report was made public. This occurs as the European Union (EU) readies itself to enforce MiCA, an extensive regulatory structure intended for cryptocurrencies – … Read more

What are inflows and outflows on crypto exchanges?

Inflows on crypto exchanges, explained An equivalent expression for “inflows of digital assets into cryptocurrency exchanges” could be “the amount of cryptocurrency and digital tokens entering exchanges.” Inflows occur for various reasons in the cryptocurrency market, including investors buying, selling, or transferring cryptocurrencies among wallets. These inflows play a crucial role in evaluating investor sentiment, … Read more

Bitcoin mining difficulty sets new high of 86T pre-halving

As we approach the upcoming Bitcoin (BTC) halving, the challenge of mining it becomes increasingly harder due to this significant event reducing miner rewards by half. The mining difficulty for Bitcoin has been increased once more prior to the upcoming Bitcoin halving event, reaching an unprecedented high of 86.4 trillion, as indicated by information from … Read more

Bitget exchange volume topped $1.6T in Q1

In the opening three months of this year, the total futures and spot transaction value on crypto platform Bitget reached an impressive $1.4 trillion and $160 billion. This represents a significant surge from the $658 billion in futures trading and $59 billion in spot trading recorded during Q1 of 2023. Based on its Q1 2024 … Read more

eToro CEO urges investors: Embrace long-term vision amid market turmoil

Yoni Assia, the head of eToro’s trading platform, emphasized the significance of learning from past market downturns (bear cycles) and uptrends (bull cycles) to anticipate investing trends in both traditional and crypto markets. At the Paris Blockchain Week on April 10, Assia conversed with CryptoMoon’s Editor-at-Large Kristina Lucrezia Cornèr about eToro’s experiences during various cryptocurrency … Read more