Coinbase made $1.6 billion in profits in the second quarter, as ETH volume surpassed BTC
Coinbase made $2.23 billion in revenue in the second quarter, above analyst expectations of $1.78 billion, this was a significant increase over the previous quarter’s $1.78 billion. When it comes to trading volume, Ethereum (ETH) overtook Bitcoin (BTC) on Coinbase for the first time in the second quarter of 2021, resulting in $2.23 billion in […]
Independent Reserve survey reveals that 43% of Singaporeans own digital assets
This year’s inaugural Independent Reserve Cryptocurrency Index, was determined by polling 1,000 Singaporeans from a diverse range of backgrounds, including gender, age, and geographic area. According to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve, cryptocurrency adoption is increasing in Singapore, particularly among younger generations looking to capitalise on the generational wealth potential […]
Bermuda Monetary Authority issues a crypto trading licence to a multi-asset exchange
According to Bermuda Premier’s David Burt, the approval of the 24 Exchange by the regulatory authority is the “first licence of its kind to be issued in Bermuda.” Crucial regulatory permission has been obtained by a multi-asset class trading firm in Bermuda, allowing it to provide cryptocurrency trading services to its clients. The Bermuda Monetary […]
Iranian Authorities Order Stoppage of Crypto Mining By All Licensed Miners in Iran
Despite the fact that crypto miners continue to place a high demand on the country’s power system, even the Iranian minister of labour has noticed electricity interruptions at his residence. Under the leadership of Hassan Rouhani, Eshaq Jahangiri, Iran’s first vice president, has called on all lawfully functioning cryptocurrency miners in the nation to cease […]
ADA and DOGE replace Bitcoin on the eToro trading platform
In the last year, bitcoin has fallen off the radar with eToro users residing in the U.S. Despite increased volatility, cryptocurrencies are on the rise. Altcoins are becoming increasingly popular among American users of the renowned eToro trading site, with the likes of Cardano (ADA) and Dogecoin (DOGE) becoming more popular buy-and-hold assets than Bitcoin […]