March 2024

Binance-backed HKVAEX Shuts Down Amid Hong Kong Regulatory Tightening What Happened? The Binance-linked HKVAEX exchange, operating as BX Services Ltd, has announced its closure and withdrawal of its operational license application in Hong Kong. The decision comes in response to the tightening regulatory environment in the region, with the Securities and Futures Commission (SFC) playing…

Bitcoin ETFs surpass $12 billion in net inflows as GBTC selling slows Introduction Quick Take BitMEX data shows that the Bitcoin (BTC) exchange-traded funds (ETFs) witnessed another day of net inflows on March 28, totaling $183.0 million, equivalent to 2,587.9 BTC. This marks the fourth consecutive day of inflows. While the Grayscale Bitcoin Trust (GBTC)…

Welcome to the Cryptoverse! BlockDAG’s 100M Liquidity Post-Launch The cryptocurrency world is abuzz with the latest news of BlockDAG’s much-anticipated launch and the impressive 100M liquidity that followed. This new player in the market is already being hailed as the top crypto for April 2024, and for good reason! BlockDAG brings with it revolutionary DAG…

Welcome to the Exciting World of Cryptocurrency! Hey there, fellow crypto enthusiasts! Have you heard the news about Bitget Wallet? This week, they have made waves in the world of cryptocurrency by recording unprecedented highs in their weekly Swap order volume. With a whopping 388,757 transactions processed, they have claimed the top global position, surpassing…