Crypto News

Crypto Casinos – a Viable Alternative to the Traditional Gambling Model?
We all know the events of 2020 and the effect it had on the lives of many, but for the online gambling industry, it is one that resulted in a massive uplift in the number of users accessing their services. In fact, some online casinos actually reported record amounts of revenue their businesses generated throughout 2020 and the first half of 2021.

Binance Coin, Dogecoin Price Analysis: October 19, 2021
Binance Coin is on the verge of cracking the supply zone at $500 as part of the plan to close the gap to $600. Dogecoin is back on the investors’ preferred crypto-asset list as it gains traction to $0.3.

Arbitrum extends lead over Optimism as Uniswap posts record volume on L2
The world’s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again.

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers
Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients.

Analysts predict Valkyrie will launch Bitcoin Futures ETF this week
Commentators are predicting that a second futures-based Bitcoin exchange-traded fund (ETF) will go live by the end of the week following the launch of ProShares’ Bitcoin Strategy ETF later today.

Binance Burns $639 Million Worth of $BNB Tokens
Leading cryptocurrency exchange Binance has announced it has burned 1.335 million BNB tokens, meaning that $639.4 million worth of the cryptocurrency has been permanently removed from circulation.

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network.

Unique Polygon ($MATIC) Address Numbers Hit 100 Million All-Time High
The number of unique addresses on the Polygon (MATIC) network has recently hit a new all-time high above 100 million as users keep taking advantage of the low transaction fees on its network and using it to access decentralized finance (DeFi) applications.