Tagged: crypto trading

Bitcoin and Other Digital Assets Now Being Considered Investments but Not Medium-of-Exchange by Chinese Policymakers

China’s virtual yuan has been in development for the past 7 years (since 2014). Recently, Chinese officials had noted that Bitcoin (BTC) was not really a currency but they do think it’s a form of investment. Regulators in China are also eager to explore the… Read More

Bitcoin Ecosystem Developments are “Supportive of a Long-Term Investment Case” for BTC: Report

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

Dogecoin (DOGE) Now Available for Trading on Digital Asset Exchange OKCoin

Dogecoin is now available for trading on crypto-asset exchange OKCoin, according to a blog post update from the company on April 26, 2021. Beginning on Tuesday (April 26), OKCoin users may purchase and sell Dogecoin (DOGE) via the  platform. DOGE will be “available to everyone”… Read More

Uppsala Security and South Korean Digital Asset Exchange Bithumb Reportedly Helped Victim Recover 20M KRW from Alleged Fraud

Uppsala Security, a provider of tools for Crypto AML, Risk Management, Regulatory Compliance, and Cybersecurity revealed on Monday (April 26, 2021) that with assistance from Bithumb, one of South Korea’s leading digital asset exchanges, it has helped a victim to “recover approximately 20 million KRW”… Read More

DeFi Assets Dego Finance (DEGO), Mirror Protocol (MIR), Liquidity USD (LUSD) Listed on Poloniex

Digital asset exchange Poloniex revealed on April 25, 2021, that it’s pleased to welcome Dego Finance (DEGO) to its DeFi Innovation Zone. DEGO has reportedly joined over 100 other DeFi assets on Poloniex. Starting now (as of April 25), wallets are open and clients may… Read More

Digital Asset Custody Is Extremely Important Problem to Solve, According to Blaine Malone, Engineer at Gemini

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

Turkish Regulators are Working on Updating Crypto Regulations, as Another Major Exchange Faces Major Issues

Crypto investors in Turkey have been dealing with major issues lately. Another major digital currency exchange has collapsed in the country and its CEO is being detained by authorities. Turkish crypto exchange Vebitcoin has suspended its operations and claims that it decided to do so… Read More

Coinbase Pro Adds New Order Books for Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA), USDC

On Tuesday, April 20, 2021, Coinbase Pro will be adding support for new order books for several major digital assets including the Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA) and USDC (USDC). As noted in a blog post by the digital assets firm, the… Read More

South Korea to Introduce Updated Crypto Regulations due to Investors Engaging in Trading Activities with Investors, Platforms in Other Nations

Financial regulators in South Korea are reportedly discussing the launch of an updated regulatory framework for overseas remittances made by investors. These traders are allegedly trying to make huge profits by capitalizing on Bitcoin price gaps found on different cryptocurrency exchanges based in Korea and… Read More

Dogecoin (DOGE) Trading Frenzy Leads to System Overload on Robinhood, Platform Reports “Sporadic Crypto Order Failures”

The craze around virtual tokens recently led to DogeCoin or DOGE (had started off as a joke coin and still to a great extent) putting Robinhood Markets‘ trading system under great pressure due to excessive activity. Robinhood‘s management confirmed: “On Friday morning, we saw a… Read More

Binance May Add Stock Tokens Coinbase (COIN), after Tesla (TSLA), Also Reports Record-Breaking BNB Token Burn

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

Digital Asset Platform Luno in Malaysia Reports RM 1B or $240M in AUM following Bitcoin, Ethereum, Crypto Market Rally

Luno, a crypto-asset trading platform in Malaysia that has been cleared by the Securities Commission, has revealed that it’s now managing over RM 1 billion or $240 millon worth of digital assets. This milestone has been reached in less than 2 years since the company… Read More

Revolut Expands Crypto Offerings

Digital bank Revolut has added more names to the list of cryptocurrencies its users can purchase and trade. Last week, Revolut said it had Currency added Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph. Revolut already allows users to… Read More

P2P Bitcoin, Ethereum Exchange Paxful Denies there Was Data Leak, Confirms User Data and Funds Remain Safe

A recent post on Raidforums, a marketplace for purchasing and selling stolen data, has claimed that it has the personal details from millions of users on Paxful, a leading peer to peer Bitcoin (BTC) and Ethereum (ETH) exchange. However, Paxful‘s management stated that they’re false… Read More

There are “Signs” an Even “More Significant” Bitcoin, Ethereum, Crypto Market Move Is on Horizon: Report

After six months of double digit returns for Bitcoin (BTC) investors, some traders might be wondering whether this is the beginning of another 2017-type cryptocurrency market rally, the Kraken team writes in a blog post. The digital assets firm pointed out that Ethereum (ETH) and… Read More

CME Group to Expand Crypto Derivatives Offering with New Micro Bitcoin Futures Contract, Pending Regulatory Approval

CME Group, one of the world’s leading and most diverse derivatives marketplace, recently revealed that it would be expanding its suite of cryptocurrency derivatives with the launch of a new Micro Bitcoin futures contract on May 3, 2021 (subject to regulatory review and approval). Micro… Read More

Digital Asset Exchange Poloniex Lists Bitcoin Standard Hashrate Token or BTST, Platform Supports Over 80 DeFi Coins

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

Coinbase Adds Support for Ethereum Tokens Ankr (ANKR), Curve DAO Token (CRV), Storj (STORJ)

Digital asset marketplace Coinbase recently added several cryptocurrencies including Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) to Coinbase Pro, the platform for professional traders. Coinbase confirmed earlier this week that beginning on Tuesday (March 23, 2021), platform users will be able to transfer… Read More

Digital Asset Exchange Decoin Is Supporting Trading GameStop (GME) Stock Using Cryptocurrencies

Digital asset exchange Decoin announced recently that they will support trading GameStop (NYSE:GME) stock using cryptocurrencies. The Decoin team had noted that if you’re still unaware about what’s happening with r/wallstreetbets, then it’s “safe to say that you’ve been living under a rock.” As mentioned… Read More

Kraken Claims Over 7 Million Clients Globally, Kraken Bank Execs Share Latest Crypto Industry Insights

US-based crypto-assets firm Kraken asks when was the last time that a banking institution actually put customer requirements, security and “open access to all” first? David Kinitsky, Kraken Bank CEO, has shared reasons why customers require a “customized” banking structure that “modernizes” the products and… Read More

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