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Synthetix racks up over $1M in daily fees as SNX token value surges 100%
20.6.2022
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens
Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collection
20.6.2022
Noah Davis, the NFT expert for the auction house Christie’s, said he’s not looking to change the plan for CryptoPunks when he leads the project and has invited holders to a one-on-one chat
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
19.6.2022
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have...
What’s a Bear Market?
19.6.2022
Vidhura S Tennekoon, Assistant Professor of Economics, IUPUI._____
A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.” ...
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What is a bear trap in trading and how to avoid it?
19.6.2022
Intended to convince market participants of a price correction, bear traps are orchestrated by entities with large holdings to make quick profits
What is an Iceberg order and how to use it?
18.6.2022
What is an iceberg order and how to use it? Avoid major changes in the crypto market by using reverse orders
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000
18.6.2022
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended...
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
17.6.2022
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that established broad new requirements for trading platforms
Genesis Trading Mitigated Losses With a 'Large Counterparty,' CEO Says
17.6.2022
Genesis’ update comes after crypto fund Three Arrows Capital confirmed heavy losses during the market rout
Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday
17.6.2022
HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen for two of the last three days, and this comes as XMR climbed for the first time in nearly two weeks. Helium (HNT) HNT was trading higher today, as bulls...
Crypto's uses and misuses: Binance-Reuters quarrel raises questions
17.6.2022
Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector?
Next 6-12 Months to be ‘Brutal’, but Ivestment ‘Planting Season’ Starts Now, Arthur Hayes Says
17.6.2022
Although the liquidity situation in financial markets will remain “brutal” for the next 6 to 12 months, the “planting season” for asset allocators is now, before central banks bring their droplets of liquidity, the former BitMEX CEO, Arthur Hayes, wrote in a new essay....
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FTX Agrees to Acquire Canadian Trading Platform Bitvo as It Eyes Regional Expansion
17.6.2022
FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
17.6.2022
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session,...
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
17.6.2022
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...
SOL price trending toward yearly low as Solana TVL drops $870M in three days
16.6.2022
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price
Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
16.6.2022
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike....
Three Arrows Capital ‘Ghosted Us’ After USD 1M Went Missing, Trading Firm Claims
16.6.2022
The drama surrounding the troubled crypto hedge fund Three Arrows Capital is continuing, with one trading firm now saying USD 1m was removed from its trading account by the hedge fund, and that Three Arrows Capital’s co-founder Kyle Davies can no longer be reached....
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