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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...
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
12.8.2022
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee....
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
Robinhood to face class action lawsuit from meme stock debacle: Report
11.8.2022
It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks
Biggest Movers: ATOM Climbs to Highest Point Since May, While SOL Rises by Over 10%
11.8.2022
Cosmos rose to its highest point since May earlier in today’s session, as crypto markets surged on Thursday. The global market cap is trading over 6.27% higher as of writing, with bullish sentiment sweeping through. Solana was trading over 10% higher in today’s session . Cosmos (ATOM)...
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
11.8.2022
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul
Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way
10.8.2022
A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid
SBI Group reports investee getting CFTC approval for OTC derivatives trading in US
10.8.2022
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Crypto Trading Platform Hotbit Suspends Service Amid Criminal Investigation Into Former Employee
10.8.2022
Hotbit suspended crypto trading, deposits and withdrawals due to a criminal investigation into a former employee that led law-enforcement authorities to freeze some of the firm's funds