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Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors


  Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders. The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for...

Listing Frenzy! Coinbase Adds Nearly 100 Crypto Assets for Trading in 2021


The expansion of Coinbase in terms of its tradable assets has touched the three-digit mark of 139. The exchange platform added 83 assets in 2021. There are a few more days left in 2021. It may or may not add more tradable assets, but the current number of 83 has caught everyone’s eyes. Coinbase...

Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer


  The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests.... Read More: Asian...

China Censors Crypto-Themed Short Videos Shared Online


An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips...

Robinhood Launches Cryptocurrency Gifts Program


Trading platform Robinhood is launching a cryptocurrency gifts program, allowing users to gift several cryptocurrencies, including bitcoin, dogecoin, ether, bitcoin cash, and litecoin. As with crypto trading, gifts are commission free and users can gift as little as $1 in cryptocurrency....

Upbit Operator Posts Record Profits, Eyes US Expansion


  The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform. According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency


Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...

Crypto Trades Expected to Become Reportable by Platforms In 3 Years - Survey


  Cryptoasset trades are expected to be subject to official reporting requirements as soon as within three years, with the United States likely being the first country to introduce such regulations on trading platforms, a new survey conducted by business analytics firm IHS Markit in October this...

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