Crypto News

Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes

Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.Source link

Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges

Tornado Cash's co-founder, Roman Storm, has filed a dismissal motion for charges related to money laundering and violating the IEEPA. (Read More)Source link

44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months

Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase and Binance Face Outflows A significant volume ofSource link

Bitcoin Becomes More Volatile Than Ether as Halving Approaches

Bitcoin's annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether's 30-day realized volatility by nearly 10 percentage points.Source link

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

According to a recent report by Bitget Research, Western Europe is witnessing a significant rise in daily active crypto traders, with Germany and France leading the way. The study also highlights the region's strong engagement in decentralized finance (DeFi) and preference for centralized exchanges. (Read More)Source link