Tagged: crypto trading

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

Coinbase Reveals it’s Now Recruiting Skilled Tech Professionals in India, Despite Nation’s Lack of Regulatory Clarity on Cryptos

Digital asset marketplace Coinbase has revealed that it’s planning to hire in India, a country that has been attempting to ban “private” cryptocurrencies like Bitcoin. However, the nation’s authorities recently clarified that they’re not going to shut off crypto activity completely, meaning digital currencies may… Read More

Bitcoin Ban: Billionaire Investor Thinks US Government Might Outlaw BTC for Similar Reasons to why Holding Gold Became Illegal

Billionaire investor Ray Dalio thinks that there’s a good chance that Bitcoin, the leading digital currency, could get banned in a manner that’s somewhat similar to when the American government decided to make it illegal to privately own gold. Dalio, who’s the founder of $150… Read More

Binance Explains why Consumers Should Use Cryptocurrencies for Settling Cross-Border Transactions

Digital asset exchange Binance, which is being investigated by CFTC for a possible violation of US rules, recently explained why people should consider using cryptocurrencies when making cross-border payments. Binance notes in a blog post that traditional borderless transactions can be “cumbersome” with each transfer… Read More

CoinShares Digital Asset Fund Flow Report: Ethereum Comprised Nearly Half of Flows, Record $55.8B AUM

Digital assets firm CoinShares has released its weekly Fund Flows Report (on March 15, 2021). The digital asset fund flows report notes that crypto-asset investment products closed on Friday (March 12, 2021) with an all-time record $55.8 billion AUM – which came after positive price… Read More

Researchers Argue that Wash Trading Might become Problem in Fast-Growing Blockchain based NFT Market

A digital artwork piece by Beeple recently set auction records (on Thursday / March 11, 2021)  when it sold at Christie’s for $69 million. Twitter CEO Jack Dorsey is auctioning the NFT or non-fungible token for the first tweet ever, “just setting up my twttr,”… Read More

South Korean Authorities are Reportedly Planning to Impose Heavy Fines on Businesses Violating Crypto Regulations

South Korean authorities have stated that they’re planning to impose heavy penalties or fines on individuals and businesses violating applicable guidelines for cryptocurrency transactions. The Korean financial regulator stated that it would impose a fine on virtual currency exchanges if they fail to report suspicious… Read More

Indian Government Officials to Take “Very Calibrated” Position on Regulating or Monitoring Bitcoin and Other Crypto Transactions

The Indian government may not completely ban (or attempt to) the use of decentralized cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). During a recent interview (conducted on March 5, 2021), India’s finance minister Nirmala Sitharaman clarified that she intends to support innovative crypto initiatives. #CNBCTV18IBLA… Read More

SEC in Thailand Is Reportedly Backing off its Initial Plan to Set 1M Baht Minimum Annual Income Requirement for Crypto Investors

The Securities and Exchange Commission (SEC) in Thailand is reportedly backing off its initial draft plan that would have required a 1-million-baht (appr. $32,800) minimum annual income and various other requirements for local crypto investors. The Thai SEC clarified that the draft bill was meant… Read More

Pankaj Balani: Delta Exchange CEO Predicts that Crypto Derivatives will Grow Significantly in Coming Years, but 2021 Is the Year of Options

We recently connected with Pankaj Balani, Co-founder and CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta Exchange offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. As previously reported, the company aims to support… Read More

Binance Claims its Peer to Peer Digital Assets Marketplace has Become one of its “Key Features”

Leading crypto exchange Binance notes that their peer-to-peer service helps users establish a “competitive” peer-to-peer digital currency trading business. Since its launch back in October 2019 for just a single market, Binance P2P has become a major global marketplace for peer-to-peer trading of virtual currencies…. Read More

Over $117M in Loans via DeFi Platforms Compound, Maker Liquidated on Feb 22, Marking Largest Liquidations in Market History: Report

Crypto exchange OKCoin confirms in a new report that Ethereum (ETH) scaling has recently seen a boost, while the total value locked in decentralized finance (DeFi) has plummeted. DeFi pulse data shows that there’s currently just under $35 billion worth of value locked in DeFi… Read More

Gemini Says Offering Excellent Customer Experience Is Key Priority, Company Launches Cryptopedia, a Free Crypto Education Platform

US-based digital asset exchange Gemini says it’s committed to providing an “excellent” customer experience. Gemini states that being accessible to their users and “prompt” with their responses to customer support requests or inquiries remains a “top” priority at the exchange. Recently, the company’s customer support… Read More

Philippines based Moneybees, an OTC Cryptocurrency Service, Launches New Outlets to Support Local Bitcoin, Ethereum Transactions

Moneybees, which claims to be the very first over-the-counter (OTC) cryptocurrency service in the Philippines, has announced that it’s launching three new outlets this month. The outlets are being opened to accommodate the growing demand for OTC transactions among Filipino cryptocurrency traders and investors, according… Read More

$700B+ Added to Crypto Markets, BTC Now Over $1T, ETH Over $200B, Binance Coin Skyrockets to No. 3 Crypto: Report

Leading crypto exchange Binance has published it Month 43 (since launching operations) report. The report from Binance includes comments on the recent Binance Coin (BNB) price action and the Binance Smart Chain (BSC), which is being more widely-adopted in the crypto space. The digital asset… Read More

Digital Investment Platform Robinhood to Enable Deposits and Withdrawals for Bitcoin and Other Cryptocurrencies

Digital investment platform Robinhood stated on Wednesday (February 17, 2021) that it is planning to give its clients the option to deposit and withdraw digital currencies, including the “meme crypto” Dogecoin (DOGE). The stock trading app has become really popular with younger Millennial and Gen… Read More

Digital Asset Savings Platform ICONFi Introduces Mobile App for Bitcoin, Ethereum, USDT, ICX Trading

Crypto-asset savings platform ICONFi has introduced its mobile app on Android and iOS. As confirmed in a release shared with CI, available globally, ICONFi aims to offer simple, flexible, and fixed earning products that allow investors to grow and diversify their digital asset holdings. The… Read More

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