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Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade
16.12.2023
The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron ore commodity bulk trade, establishing...
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
15.12.2023
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization...
Bitwise Analyst Predicts Bitcoin Price to Trade Above $80K Amid Halvening and ETF Launch in 2024
14.12.2023
Source: Pexels Bitwise’s senior research analyst, Ryan Rasmussen, predicted a new all-time high for Bitcoin price next year, surpassing $80,000. The prediction aligns with the anticipated launch of the first spot Bitcoin ETF and the scheduled halving event in April 2024, identified as pivotal...
Coinbase Announces Spot Crypto Trading for Non-US Investors
13.12.2023
Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global expansion. The start of something new Beginning on Thursday, December 14th, non-US institutional clients will be able to trade Bitcoin...
Brazilian Unicorn Nubank to Launch Crypto Withdrawals
13.12.2023
Source: sidneydealmeida/Adobe The Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals from its platform – following a deal that will let them trade USD Coin (USDC). Per Brazil’s Livecoins, the bank has apparently “responded to calls from the Brazilian...
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
Google Ad Change Policy Specifically Targets Cryptocurrency Coin Trusts – Here’s the Latest
11.12.2023
Source: Pixabay Silicon Valley tech giant Google is updating its crypto ad policy to improve its advertising standards, effective January 29, 2024. The revision, specifically, targets Cryptocurrency Coin Trusts – a financial product allowing investors to trade in trusts holding large cryptocurrency...
FTC Is Still Trying To Block The Xbox And Activision Merger
7.12.2023
Just when we thought Microsoft’s Activision acquisition was finally set in stone two months ago, it looks like the Federal Trade Commission has made another appeal to block Master Chief and John Call of Duty’s marriage.Read more
Bitcoin Price Targets $50,000 as Crypto Bull Run Explodes And BTC Cloud Mining Token Bitcoin Minetrix Pumps to $5m
7.12.2023
  Wednesday, December 6th, 2023 – The Bitcoin price is powering higher to trade above $43,000, its highest level since April 2022, igniting a firestorm of interest in Bitcoin cloud-mining innovator Bitcoin Minetrix, which has raised $5 million from investors with more to come. Market watchers...
10 Best Crypto Leverage Trading Platforms 2023
7.12.2023
There are many different ways to trade cryptocurrencies with leverage. Some of the most common include crypto futures, options, and tokenized derivatives. In this guide, we review the 1o best crypto leverage trading platforms for 2023. We also explain how crypto leverage works, the best tradable...
Zodia Custody Launches New Product to Facilitate Crypto Transfers and Trade Settlements for Institutional Investors
7.12.2023
Image Source: Pixabay Zodia Custody, a crypto custody firm backed by Standard Chartered, has announced the launch of a new product intended to facilitate seamless crypto transfers for institutional investors. Dubbed “Interchange Connect,” the offering aims to create a “network...
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
6.12.2023
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin Bitcoin’s (BTC) market...
Belarus Wants to Use Its CBDC to Evade Sanctions
6.12.2023
Source: christophe/Adobe Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners. Per Belarus’ Ekonomicheskaya Gazeta, President Alexander Lukashenko could issue a CBDC-related verdict in the coming days....
Ethereum Technical Analysis: ETH’s Strong Averages Clash With Oscillator Signals
4.12.2023
As ethereum marks a significant price of $2,250, its movement within a 24-hour range of $2,151 to $2,271 reflects strong activity in the crypto market. With a substantial trade volume of $26.82 billion and a market capitalization of $269 billion, ether demonstrates its continued and dynamic...
TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers
4.12.2023
Tron's native token [TRX] traded at a premium of up to 17% on recently-hacked exchange Poloniex over the weekend, creating a potentially lucrative arbitrage trade
SEC Calls for Comments on Fidelity’s Spot Ether ETF Application
30.11.2023
The U.S. Securities and Exchange Commission (SEC) is soliciting comments from the public regarding Fidelity’s potential spot Ether exchange-traded fund (ETF). Fidelity’s argument According to a notice filed Thursday, Cboe BZK Exchange is looking to list and trade shares of Fidelity’s Ethereum...
The Rupee sees a modest gain against the USD in early trade
30.11.2023
The Indian Rupee (₹) and the US Dollar ($) have been trading in a familiar territory for almost a month. The range is ₹81-₹84. The INR is currently at ₹83.30 for every US Dollar. However, the currency has been reported to have made some modest gains against the US counterpart in early trade. ...
Hong Kong Securities Association is Considering an ‘ICO’ Issuance Mechanism
30.11.2023
Source: iStock/Onfokus The Hong Kong Securities & Futures Professionals Association, an influential industry trade group, has proposed the establishment of an initial coin offering (ICO) portal in the city. The suggestion was included in the group’s comments on the Hong...
Hong Kong Securities Trade Group Proposes Initial Coin Offering Portal
30.11.2023
Hong Kong was once a hub for ICOs until regulators cracked down. Times have changed
Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong
28.11.2023
Source: Pixabay / Andy Leung Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong....