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WhiteBIT’s exchange native token WBT has gained more than 5% over the past week, in light of recent developments and in anticipation of its upcoming listing on Bitfinex. The listing would come just weeks after WhiteBIT launched a test network of its blockchain. According to CoinGecko, WBT is among its top 100 cryptocurrencies. At the time of writing, WBT was trading at $4.84, with a market capitalization of more than $697 million. The token’s latest daily trading volume came in at $9.9 million. WhiteBIT’s representatives primarily informed the community on May 26, 2023, about an upcoming listing on a major crypto exchange without naming it. The community was pleased when WhiteBIT and Bitfinex announced that WBT would be available for trading on the crypto exchange starting June 1, 2023. WBT is now in the largest institutional Bitfinex family! On the 1st of June, at noon, $WBT on the ERC-20 network will be listed on another world-class exchange, Bitfinex, in $WBT/$USDT

Earlier this month, the Hong Kong Securities and Futures Commission (SFC) announced that it will once again allow crypto trading for retail clients as of June 1. The decision comes after a consultation process with industry stakeholders during the period from 2021 when crypto trading was banned in China and Hong Kong . Despite significant hype surrounding Hong Kong’s lifting of its crypto ban, so far only two crypto exchanges have been registered by the SFC — OSL Exchange and HashKey Pro. However, Huboi announced last week that it has applied with the SFC to offer its services in Hong Kong and OKX has revealed it will be offering crypto trading to Hong Kong residents via its app. Binance has so far not announced that it intends to register with the SFC to offer its services in Hong Kong. The business closed shop in China in 2017 when crypto exchanges were banned. Read more: Hong Kong architect loses millions trading Tether, crypto on scam site Crypto will remain banned in mai

After increasing in PR ice in line with the recent Bitcoin (BTC) surge, Polygon (MATIC) declined in A PR il. This decline was triggered by a market-wide PR ice correction, with Polygon being one of the hardest hit. Collateral Network (COLT) has, however, remained unaffected by this correction, with early investors enjoying a 40% PR ice increase. BUY COLT TOKENS NOW Polygon (MATIC) Crashed 19.5% In April Polygon has dipped dramatically from its 2023 highs of over $1.51 . After two months of consecutive price increases, Polygon (MATIC) has dropped below $1 with one token worth just $0.8749 . With Bitcoin (BTC) now stuck below a new price barrier, analysts are now questioning whether or not Polygon will recover in May. PR ice chart for Polygon MATIC Source CoinMarketCap"> The 24 hour PR ice chart for Polygon MATIC Source CoinMarketCap Polygon recently announced it would develop Niger’s blockchain ecosystem, though this news has done little for its PR ice. I

BRICS is looking to create a new currency to take on the U.S. dollar on the international stage for cross-border transactions. China’s President Xi Jinping is moving to convince several countries to settle trade with the Chinese Yuan. France recently settled an LNG gas trade with the Chinese Yuan and not the U.S. dollar. In addition, Yuan is now the top traded currency in Russia and not the USD. The development is adding strain on the dollar’s prospects and challenging its supremacy as the world’s reserve currency. Also Read: What Happens to the U.S. Dollar if BRICS Launch New Currency? JUST IN: China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades. — Watcher.Guru (@WatcherGuru) March 29, 2023 However, despite the aggressive efforts, China does not want the Chinese Yuan to replace the U.S. dollar, reported Business Insider. While the Yuan is the top contender to take on the dollar, China does not want it t

The American entrepreneur and former CEO of the crypto exchange BitMEX Arthur Hayes predicted the bullish tendency of the largest cryptocurrency by market cap Bitcoin (BTC) in the following years, though he is not bullish about 2023. In a podcast on the YouTube channel “What Bitcoin Did,” the entrepreneur commented that the high expectations for BTC price wouldn’t turn fruitful this year, but only in 2024 and 2025. He stated: I don’t think we get up to $70,000 this year, I think next year is when we cross that barrier, then we get the blow-off top [2025], [2026] and then it’s Armageddon. Explaining the use of the term Armageddon, which literally stands for a catastrophic conflict, Hayes said that he expects a societal change or a major war, as a result of two factors including quantitative easing and social discontent. He added that such a conflict would lead to a further decline in the prices of equities and cryptocurrencies. When the host raised questions on the

In a shocking turn of events, the popular Arbitrum liquidity protocol, Jimbos, fell victim to a suspected cyber attack that resulted in the loss of over 4,000 ETH, estimated at approximately $7.5 million.  The incident has sent shockwaves through the crypto community, raising concerns about the security of DeFi platforms. The breach was first reported by PeckShield, a renowned blockchain security firm, through a tweet on their official Twitter account.  According to PeckShield’s Analysis , the hack resulted from a flaw in the protocol’s slippage control mechanism for liquidity-shifting operations. This vulnerability allowed the attacker to exploit an imbalanced price range, effectively manipulating the protocol-owned liquidity for profit. The jimbos protocol, the Arbitrum liquidity protocol, was suspected of being attacked and more than 4,000 ETH (approximately $7.5 million) was stolen. PeckShield: This hack is due to the lack of slippage control of liquidity-shifting

Ethereum has remained a revered name in the digital asset sector and a widely used blockchain network. As the growth of the market continues and people gravitate toward the development, we break down some commonly asked questions related to these programs. Now, let’s delve into whether or not Ethereum addresses are case-sensitive.  There are few networks as adopted as Ethereum, and as such, addresses Subsequently, ensuring that you have the correct address is a vital part of transferring digital assets. Thus, knowing the case sensitivity of the addresses is a crucial aspect of it. Ethereum Addresses Source: Redot.com Now, before we delve into case sensitivity, let’s understand these indicators a little more. An ETH address is kind of like your own ID on the blockchain. Moreover, this identifiable marker is how you are differentiated from every other entity operating within the network. Additionally, it allows the program to identify if the address is related to a wallet address, a

Join Our Telegram channel to stay up to date on breaking news coverage According to reports, Morgan Stanley, a US-based financial institution that provides a range of investment banking, securities, investment management and wealth management services, has finally received permission to open a new branch in China. The country’s securities watchdog, the China Securities Regulatory Commission (CSRC), said earlier today, May 26, it had allowed Morgan Stanley to set up a China futures company. The firm will be based in Beijing, and with it, Morgan Stanley will help open up the country’s futures market. CHINA FINANCE MINISTRY TO REOPEN 73 BLN YUAN OF 3-YEAR BONDS ON MARCH 23 #News #Forex #CHINA #YUAN #BOND #FINANCE — Capital Hungry (@Capital_Hungry) March 16, 2022 According to the regulator’s statement, this is only the first step. According to the Commission, In the next step, the China Securities Regulatory Commission (CSRC) will continue to deepen the opening up of the futu

As the landscape of cryptocurrency continues to evolve, significant movements are being observed among large-scale holders, also known as ‘whales’. Notably, a trend is emerging with whales of Shiba Inu (SHIB) migrating their investments toward a new project, Tradecurve (TCRV), which is currently making waves in its presale phase. Shiba Inu (SHIB) When it comes to meme crypto, there are few PR ojects that have made bigger waves than Shiba Inu (SHIB). With its rapid rise of 10,000% during the 2021 bull market, Shiba Inu (SHIB) has become a household name in the crypto world. Shiba Inu (SHIB), a cryptocurrency token that launched in August 2020, is inspired by the same breed of dog as Dogecoin (DOGE) – the Shiba Inu from Japan’s Chūbu region. The Shiba Inu (SHIB) team aims to establish a decentralized, community-driven platform where the future direction of the project is shaped by the users themselves. Unfortunately for those who bought Shiba Inu (SHIB) in 2021, the price o

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Solana (SOL) is one of them. Solana is an open-source, public blockchain that facilitates using smart contracts, decentralized applications (dApps), and NFTs (non-fungible tokens). The SOL token, which is intrinsic to the Solana blockchain, serves as a means of exchange and ensures the safety of the network via staking. If you are interested in the future of SOL and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading! Table of contents Solana (SOL) Overview What Is Solana (SOL)? Analysts’ View on Solana (SOL) Solana (SOL) Current Market Status Solana (SOL) Price Analysis 2023 Solana (SOL) Price Analysis – Bollinger Bands Solana (SOL) Price Analysis – Relative Strength Index Solana (SOL) Price Analysis – Moving Average Solana (SOL) Price Analysis – E