Crypto Exchange Trading Volume Sinks Amid Debt-Ceiling Talks

Also Read: SEC Staff Emails Reveal XRP Failed Howey Test

advertisement

Conclusion On Debt Ceiling To Pump Market?

Data Depicts that the top Crypto exchanges‘ spot trading volume dropped by a huge margin over the past day. Binance, the world’s largest Crypto exchange trading vol dipped by over 34% in the last 24 hours. It now stands at around $3.3 billion.

Coinbase, the U.S. biggest Crypto exchange trading vol declined by almost 40% over the past day to stand at $302 million. However, Kraken registered a slide of around 48% in its 24 hour trading volume to stand at $142 million.

exchange crypto
Source: CoinMarketCap

Also Read: AI Regulations Soon? G7 Nations Agree AI Needs Rules

Recommended Articles
ethereum price crypto news
Crypto Telegram Channels List 2023 [Updated]
Must Read
ethereum price crypto news
Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
ethereum price crypto news
Explained: What is Layer 0 in Blockchain? Layer Zero Crypto Examples
Must Read
ethereum price crypto news
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
ethereum price crypto news
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

According to reports, U.S. President Joe Biden is planning to talk with Kevin McCarthy on Sunday over raising the federal $31.4 trillion debt ceiling. Biden is attending the G7 summit organized in Japan. However, he’ll be having conversations with the top speaker after a reported disagreement between the officials. Read More Crypto News Here…

Supposedly, the deadline of June 1, 2023, is closing in. The Treasury Department issued a warning to the top authority that they might not be able to pay all its debts.

Comments

Post a Comment

Popular posts from this blog

AI creates fake IDs to bypass verification: Is it the end of KYC?

Image
In order to trade cryptocurrencies using some of the major crypto markets, investors must go through a “Know Your Customer” (KYC) verification step and provide a valid identification (ID) document. However, technological advancements in artificial intelligence (AI) could threaten this current model. A new AI-based tool now allows people to create realistic fake IDs within minutes for $15, as reported by 404 Media . Interestingly, Joseph Cox, co-founder of 404 Media and journalist, tested the tool and successfully bypass ed the verification check on OKX. “Massive implications for crime and cybersecurity.” – Joseph Cox New: inside the underground site where "neural networks" churn out fake IDs – I tested, made two IDs in minutes – used one to successfully bypass the identity verification check on a cryptocurrency exchange – massive implications for crime, cybersecurityhttps://t.co/hCjHWbKJPf pic.twitter.com/sd8ofmdEOE — Joseph Cox (@josephfco...
Read more

AI predicts Dogecoin price for August 31, 2024

Image
Amid an exceptionally volatile period for the majority of assets in the cryptocurrency sector, Dogecoin (DOGE) is having trouble staying on course, with advanced machine learning and artificial intelligence (AI) algorithms not seeing much improvement in the following weeks. As it happens, Dogecoin has followed the rest of the crypto market, including the industry’s representative – Bitcoin (BTC) – in making a significant price recovery in a single day after a particularly difficult week that has witnessed various other markets around the world dipping. AI DOGE price prediction So, how high can Dogecoin go? Not a lot – in fact, the opposite, at least if you ask the AI algorithm deployed by crypto monitoring and forecasting platform PricePredictions , which projects DOGE price to continue declining towards the end of this month, with an expected drop to $0.084256 by August 31, 2024. ...
Read more

Ripple: Man Sells House Worth $800,000 To Buy XRP Tokens

Image
The cryptocurrency sector is rarely dormant. In a new development, an X handle by the name of Myles G Investment shared an interesting story outlining his father’s bold move concerning Ripple ’s native token XRP. Discussing it in length on X, Myles G Investment shared how his father liquidated a whopping $800,000 to invest in Ripple ’s XRP.  Dubbed a move that is rather bold and powerful, Myles contended that the community should seek inspiration from his father’s unhinged admiration and faith for XRP.  Also Read: Ripple XRP: Machine Learning AI Predicts Price for March 1, 2024 Ripple: Man Liquidates $800,000 to buy XRP The crypto Twitter community is always brimming with significant investment stories. One such story caught the attention at X, where a man reportedly sold his residential property to buy XRP.  Myles G Investment, a profile on X, caught the attention of the users when he shared how his father invested $800,000 in Rip...
Read more