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Genesis to stop offering crypto trading services

15.9.2023
Genesis has announced that it will no longer offer crypto trading services. These include digital asset spot and derivative services. The development comes after it reached a credit agreement with DGC, or Digital Currency Group. The agreement allows 70% to 90% credit recovery. Genesis had to take...

Rachel Lin, CEO of SynFutures, on DeFi, Decentralized Derivatives Trading, and NFT Futures | Ep. 265

15.9.2023
In an exclusive interview with cryptonews.com, Rachel Lin, CEO and Co-Founder of SynFutures, talks about the recent trend of well-known TradFi players entering the crypto space, removing unnecessary intermediaries in TradFi, and the potential to power the unbanked and underbanked.... Read More:...

Bitcoin, Ethereum Technical Analysis: BTC Bulls Keep Price Close to 2-Week High, Following Strong US Retail Sales

15.9.2023
Bitcoin continued to trade close to a multi-week high on Friday, as bulls continued to target the $27,000 level. The move came following stronger than expected U.S. retail sales figures, which rose by 0.6% in August. Ethereum also traded higher in today’s session. Bitcoin Bitcoin remained...

Genesis Terminates Crypto Spot and Derivatives Trading Services – What’s Going On?

15.9.2023
Digital Currency Group’s Genesis that went bankrupt in January this year, continues to get hit by the bear crypto market. The digital assets lender is winding down its cryptocurrency spot and derivative trading business completely.... Read More: Genesis Terminates Crypto Spot and Derivatives...

Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs

15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...

Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges

15.9.2023
Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner...

Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court

15.9.2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...

Genesis announces winding down of crypto trading services

14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details

Genesis Has Ceased All Crypto Trading Services: Spokesperson

14.9.2023

Biggest Movers: TRX Rises to Strongest Point Since July, SOL Extends Gains

14.9.2023
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in...

Bitcoin Price Prediction as Daily Trading Volume Surges Past $10 Billion – Are Whales Buying Again?

14.9.2023
As Bitcoin continues its oscillating dance on the charts, it gives subtle hints of a resurgence. The premier cryptocurrency currently trades at $26,244, marking a nearly 1.25% rise on Thursday. This surge is juxtaposed against an intriguing backdrop: Economist Peter Schiff has been vociferously...

Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience

14.9.2023
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West...

XRP, SOL Lead Slight Crypto Majors' Recovery After FTX Sell-Off Fears

14.9.2023
BTC rose 1.5% to trade over $26,100 in European morning hours on Thursday, while Ether neared $1,700 before falling to $1,650

Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets

14.9.2023
The DEX was developed in a direct response to the fallout from the collapse of crypto exchange FTX

Three Arrows Founders Hit With 9-Year Trading Ban in Singapore

14.9.2023
MAS says the Order bans the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore

Ethereum Price Prediction as $10 Billion Trading Volume Comes In – Can ETH Reach $10,000?

13.9.2023
Ether (ETH), the cryptocurrency that powers the world’s largest and most widely used smart-contract-enabled layer 1 blockchain Ethereum, has been nudging higher in recent trade and was last changing hands around 0.5% higher in the last 24 hours in the $1,610 area, now up close to 5% from earlier...