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Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
15.8.2022
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users in 2022
Crypto Listing and Delisting Announcements: Week 33
15.8.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Kimchi Premium Trading Total Could Be Almost Twice as High as First Thought, Says Regulator
15.8.2022
The sum total of illegal kimchi premium trading conducted via South Korean banks could be as high as USD 6.5 billion, regulators claim – and authorities in the nation say they are now investigating “all” domestic commercial banks over the matter....
Read More: Kimchi Premium Trading Total Could...
Bitcoin, Ethereum Technical Analysis: BTC Lower, Following Brief Rally Above $25,000
15.8.2022
Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session. As of writing, the global cryptocurrency market cap is currently trading 2.85% lower. Ethereum also dropped lower on Monday, with prices moving away from a recent high above...
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence
14.8.2022
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading...
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates
14.8.2022
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic....
Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban
13.8.2022
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting....
Institutional Investors Are Increasingly Using Crypto Options Trading to Hedge Their Bets in Bear Market
13.8.2022
Options trading volume has risen on crypto exchanges, and even miners are using options strategies to muddle through the current, uncertain environment
Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday
13.8.2022
Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly...
Bitcoin, Ethereum Technical Analysis: ETH Hits $2,000 for First Time Since May
13.8.2022
Ethereum was trading above $2,000 to start the weekend, as the token hit its highest point since May. Crypto markets were back in the green, after marginally consolidating in Friday’s session. Bitcoin moved closer to $25,000 on Saturday, however has still yet to breach this ceiling. Bitcoin...
What is a Bear Trap & How Do You Trade It?
13.8.2022
Trading terminology can be confusing for first-time traders and investors, especially in the crypto markets where new terms (often based on memes) pop up on a regular basis.
In this guide, you will learn what a bear trap is and what you need to look out for when you spot one....
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Uzbekistan blocks access to foreign crypto exchanges over unregistered trading
12.8.2022
The national regulator urges the industry players to comply with the local legislation
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
FTX partners with Paradigm for 'one-click' futures spread trading
12.8.2022
The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies
GBPAUD Offering Trading Opportunities
12.8.2022
As the financial market is recovering from its recent downfall, the pound is weakened against most major currencies, and the currency is still weak against names like the CHF and the USD. Amid the market’s stabilization, traders find ample investment opportunities in the GBPAUD pair. The trading...
New Crypto Exchange Platform Bitflex Launches Futures Trading Competition with $15,000 Prize Pool
12.8.2022
PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform...
Study: Number of People Working in Blockchain Industry Went up by 76%, Large Gap in Demand for Technical Talent Exists
12.8.2022
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in...
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
12.8.2022
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital...
Crypto Derivative Trading Volume Rose for First Time in 4 Months as Market Rallied in July
12.8.2022
While leverage boosts returns, it exposes traders to forced liquidations, which inject volatility into the market
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
12.8.2022
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos...