Popular
Daily Active Ethereum Addresses Rise by Over 120%
By Philip Maina 2 weeks agoSun Jul 28 2024 12:11:13 Reading Time: 2 minutes Active addresses across the Ethereum blockchain have increased by over 120% in six months Ethereum-based networks with the highest daily active addresses include Base and Linea The rise in active addresses across the blockchain is influenced by ongoing campaigns by the blockchain’s scaling layers The Ethereum blockchain registered an uptick in daily active addresses in the last six months with the rise attributed to campaigns by Ethereum layer 2 platforms. According to a report by Coinbase Institutional and Glassnode, Arbitrum, Linea and Base are among the...
“Prop Trading Is Another Iteration of Binary Options”: EBC Financial's UK CEO
“If you look at why traders are choosing to go to offshore brokerage entities, it’s happening because the client couldn't get what they wanted at home through the regulated entities,” David Barrett, the CEO of EBC Financial Group (UK), elaborated to Finance Magnates. “And a lot of that is due to leverage.” Barrett himself oversees EBC’s offshore unit, which is authorized by the regulator in the Cayman Islands. While the Financial Conduct Authority-regulated entity only onboards professional clients, the Cayman Islands unit takes retail ones, offering them contracts for differences (CFDs) trading services. EBC’s Cayman entity is a subsidiary of...
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits $62,729 Intraday High as Dozens of Crypto Assets See Double-Digit Gains The crypto economy is making a robust recovery following a steep decline over the weekend and a rough start to the week on Monday. On that day, BTC dipped to a level not seen...
