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Chinese State-Owned Greenland Eyes Hong Kong Virtual Asset Trading License
18.5.2023
Chinese state-owned real estate firm Greenland Holdings has expressed interest in joining Hong Kong's digital assets hub.
A May 17 report by South China Morning Post (SCMP) revealed that Greenland is creating a new unit to acquire virtual assets trading licenses in Hong Kong.
The firm’s fintech...
USDC trading goes live in Singapore via Coinbase
18.5.2023
Coinbase recently conducted a commissioned study, revealing that 25% of the residents of Singapore feel that cryptocurrency is the future of finance. The number is at par with the UK and higher than the UK, where only 17% share the sentiments. The study has also revealed that what keeps people from...
Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment
18.5.2023
A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...
Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs
18.5.2023
The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade
Pakistani finance minister says crypto will never be legal because of FATF
17.5.2023
Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces
The Risks and Rewards of High-Frequency Crypto Trading
17.5.2023
High-frequency trading can be lucrative in newer markets like crypto, but HFT is not without its unique risks
China state-owned Greenland to apply for Hong Kong virtual asset trading license
17.5.2023
The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says
Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday’s Crypto Red Wave
17.5.2023
Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) was able to climb to a one-week...
Influential UK MPs Push for Crypto Trading to be Classified as Gambling
17.5.2023
The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service.
On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble...
UK panel recommends crypto trading be regulated like gambling
17.5.2023
In February, the UK Government proposed regulating cryptocurrency like a traditional financial instrument. However, the Treasury Select Committee has recommended otherwise. The Committee strongly believes that treating investments in retail trading of cryptocurrency is nothing like gambling. What...
StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
17.5.2023
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares
Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced
17.5.2023
Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
17.5.2023
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean...
Crypto retail trading should be regulated as gambling: UK lawmakers
17.5.2023
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed
Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations
16.5.2023
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default
Jump Trading Allegedly Supported Terra Before It Collapsed, New SEC Filings Show
16.5.2023
A US regulator’s court filings confirm that Jump Trading secretly supported Terraform Labs — the company behind the failed algorithmic stablecoin — about a year before the company collapsed.
The Securities and Exchange Commission filed a document last week showing a contract between Terraform...
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
16.5.2023
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
To fund this vision...
Dogecoin Price Prediction as $250 Million Trading Volume Comes In – Time to Buy?
16.5.2023
The price of Dogecoin (DOGE) has dropped by 1% in the past 24 hours, with its fall to $0.072064 coming as the cryptocurrency market as a whole suffers a 1.5% decline.
DOGE has also fallen by 1% in a week and by 20% in the past month, although its latest slip sees its 24-hour trading volume rise...
One Million Individual Wallets Now Hold a Whole Bitcoin
16.5.2023
The bump comes as transactional activity on Bitcoin has surged in the past few weeks