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Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?
12.6.2023
Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."
Following the SEC's actions against Coinbase and Binance, Stark...
Robinhood Reports 68 Percent Decline in Crypto Trading Compared to 2022
12.6.2023
Robinhood Markets Inc. reported on Monday that crypto trading plummeted 68 percent compared to the previous year.
Crypto trading was close to $2.1 billion in May 2023 compared to $6.6 billion just a year before, the mobile focused brokerage firm said in its report on monthly operating data. ...
Crypto trading is proven addictive; Avorak Trade helps keep mental stability
12.6.2023
For many people, the world of crypto trading has proven to be incredibly addicting. Market dynamics are constantly shifting, and the ongoing appeal of possible rewards makes it easy for traders to become captivated by the thrill and uncertainty. Let’s examine how Avorak Trade, a reliable trading...
Robinhood’s May Crypto Trading Volume Falls 68% to $2.1B
12.6.2023
The trading platform recently delisted three tokens that were classified as securities in the SEC's lawsuit against Coinbase and Binance
Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: ‘Get Out of Crypto Platforms Now’
10.6.2023
John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms are high-risk, perilous,...
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
8.6.2023
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
yPredict Raises $2 Million for Making AI Crypto Trading Easy – 100x Potential in 2023?
2.6.2023
In the ever-expanding arena of crypto markets, the rules of the game have evolved beyond recognition - no longer does longevity in the market guarantee dominance or gains.
Today, the winners are those who ride the crest of innovation, adeptly navigating the shifting tides of a rapidly changing...
Hackers Breach Nigerian Crypto Trading Platform — BTC and Naira Assets Compromised
29.5.2023
The Nigerian gift card and crypto trading platform, Patricia, announced on May 26 that one of its trading applications had been breached and that BTC as well as naira assets were compromised. The crypto exchange platform said it has since suspended withdrawals and is presently “undergoing...
Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations
29.5.2023
Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to...
OKX enhances its application for crypto trading in Hong Kong
25.5.2023
OKX is making sure it becomes the potential candidate to gain wider access to the market of Hong Kong. The most recent attempt is launching the enhanced version of its mobile application for customers, specifically in the said region, in accordance with the VASPs requirements. OKX is the second...
Crypto Trading Platform Bitget to Offer Off-Exchange Settlement With Copper’s ClearLoop
25.5.2023
Digital assets safely held within Copper’s infrastructure can be simultaneously delegated to trade on Bitget
Bitcoin Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading for Retail Investors
23.5.2023
Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading
23.5.2023
The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage
Crypto Trading Platform Hotbit Terminates CEX Operations
22.5.2023
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform
UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling
21.5.2023
A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more akin to gambling rather than a financial service, the U.K. Treasury Committee stated that “Cryptocurrencies such as bitcoin have no intrinsic value and serve...
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...
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
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...