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Deposits on ‘Big Four’ South Korean Exchanges up 1,368%
5.10.2021
"https://cryptonews.com/news/s-korean-mp-bids-to-prevent-crypto-crisis-while-kimchi-premi-11218.htm">kimchi premium traders making “illegal transactions.”Upbit, the market-leading exchange, and Korbit, the first trading platform in the nation appear to have received their permits within h
Traders pile into altcoins after Bitcoin bulls take hold of $50K
5.10.2021
LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
3.10.2021
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price
Study Findings Show 83.7% of Luno Users Are Bullish on Bitcoin’s Resurgence
2.10.2021
About 83.7% of those surveyed by Luno in a recent study believe the price of bitcoin will rise significantly in the next few months. In fact, 59.4% of the more bullish respondents are expecting the leading crypto to rise to as much as $100,000. Bullish Beyond Bitcoin These are the findings...
Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges
2.10.2021
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities...
Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese
30.9.2021
While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders...
US Crypto Tax Loss Harvesters Make Hay While the Sun Shines – But the Clock’s Ticking
30.9.2021
hat crypto traders are allowed to write off their losses by selling tokens at lower prices – only buying the same type of coin again within the next 30 days. Furthermore, some traders seek to buy offsetting positions in a bid to avoid having to file capital gains declarations.CNBC
Traders identify $41K as Bitcoin’s key support to hold for the short-term
30.9.2021
While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
29.9.2021
CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
29.9.2021
Like other large-cap legacy altcoins, XRP is stuck in a rut, and data suggests investors are content just to sit and watch
Dollar Strength Remains High as Traders Wait for Tapering
29.9.2021
On Wednesday, the dollar was trading at its highest levels, driven higher by the U.S. rates and aided by market concerns about the Federal Reserve would begin to remove the support as global economic headwinds mount. The Japanese yen is a currency that is sensitive to the U.S. yields because higher...
SEC takes action against two meme stock wash traders
28.9.2021
The SEC asserts that the defendants unlawfully gleaned more than $700,000 through a wash-trading scheme that targeted exchanges offering market maker rebates
Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K
27.9.2021
Bitcoin needs to flip $43,600 to support in order to see bullish continuation and on-chain data signals that BTC accumulation continues to increase
South Korean Taxman to Be Granted Right to Search Crypto Tax Evaders’ Homes
25.9.2021
oins could be liquidated – and bailiffs could be sent to search their houses.Crypto is not yet taxable in South Korea, but as of January 1, 2022, all crypto profits above USD 2,100 will need to be declared, and traders will be
All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
25.9.2021
Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600
10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline
24.9.2021
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for...
Altcoin Traders Gets a New Darling as Bitclout Creator Launches DeSo
22.9.2021
ort for "decentralized social," is the first and only blockchain custom-built from the ground up to power and scale a new category of decentralized social applications to hundreds of millions of users," the team behind the project
Key Bitcoin options 'fear' indicator reflects traders' regulatory concerns
22.9.2021
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator
Most Surveyed South Koreans Want the Government to Tax Crypto
21.9.2021
ted the government to start taxing crypto traders and investors. The remainder stated they were unsure or undecided on the matter.Crypto tax was due to be introduced in October this year, but politicians agreed to push the launch back to January 1, 2022. The decision was made after domestic e
Bitcoin Trims Losses Ahead of Major Options Expiry
21.9.2021
recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho