On-chain data shows that cryptocurrency whale activity has surged for an umber of altcoins, including the meme-inspired cryptocurrency Dogecoin ($DOGE), Uniswap’s governance token $UNI, and Ethereum layer-2 scaling solution Polygon ($MATIC).
South Korea has recently raided its seven local crypto exchange platforms while investigating a fraud case linked to the downfall of Terraform Labs.
The cryptocurrency market experienced a small recovery phase as it crossed the $1.03 trillion market cap. Two of the leading cryptos, Bitcoin [BTC] and Ethereum [ETH] witnessed a surge in their respective price action over the last seven days.
Epic Games founder and CEO Tim Sweeney says his firm “definitely won’t” follow Minecraft's developers in banning non-fungible tokens (NFTs).
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific in nature,” Coinbase stressed.
Bitcoin price analysis for July 22, 2022, comes on a sluggish note for the world’s biggest cryptocurrency as we can confirm that the token has dropped by 0.79% in the last 24 hours indicating that the buyers don’t have what it takes to retain the $23K price level as of now. Furthermore, amidst Finland authorities selling over $47 million worth BTC, it is expected that lower prices might follow.
There are dozens of centralized and decentralized exchanges on the market, each offering unique advantages and disadvantages regarding its platforms. Today we will look at OKX, a highly popular centralized crypto exchange offering a high selection of digital assets and relatively low trading fees on its global platform.