Global #cryptocurrency

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced that it will close all customer accounts in Canada effective December 31, 2024. This decision was communicated to Canadian users via email on September 30, giving them a 90-day window to withdraw their assets from the platform.

Ethereum (ETH) is currently navigating a challenging price environment, struggling to maintain levels above $2,700. Following a recent downturn, the cryptocurrency has experienced significant corrections, with the price dipping below crucial support levels.

Recent on-chain data reveals a notable trend among XRP whales, who have significantly increased their holdings in the cryptocurrency over the past ten days. This accumulation may be a contributing factor to the asset's recent price surge, prompting analysts to monitor the situation closely.

Conceived as a lighthearted parody of Bitcoin, Dogecoin has defied expectations, emerging as a major player in the crypto world with a market cap of $18 billion and a remarkable 147,592% increase from its all-time low in May 2015. While it has minted hundreds of millionaires, co-founder Billy Markus—also known by his Twitter alias Shibetoshi Nakamoto—has expressed that he isn’t one of them.

In recent days, Coinbase, the largest U.S. cryptocurrency platform, has experienced an unexpected resurgence in its mobile app popularity.

The Virtual Asset Regulatory Authority (VARA) of Dubai has issued a new directive requiring all marketing materials for digital assets to include a clear disclaimer warning about the potential for loss of value and high volatility.