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Thailand Approves Tax Relief Measures for Crypto Trading
11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...
How Crypto Trading Bots Work?
11.3.2022
Introduction Crypto trading bots are software programs that can automatically execute trades on behalf of the user. They can be programmed to trade 24 hours a day and seven days a week and can be set up to buy or sell at certain price points. Trading bots are designed to work on all major...
Bitoftrade: A New Anonymous Exchange to Leverage the Power of Crypto Trading
10.3.2022
PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered the market with a transparent, non-custodial solution that makes advanced trading tools accessible to any type of trader. bitoftrade allows users to get more from their crypto portfolio. The platform offers...
Nordic Fintech Lunar Raises $77M, Builds Crypto Trading Platform
10.3.2022
Nordic neobank Lunar raised $77 million at a $2 billion valuation and introduced a crypto trading platform
Crypto Trading in Russia Rises Again as Price Discounts Emerge
8.3.2022
Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...
Nagax, the Crypto Trading Platform of German Fintech Naga, Set to Launch
7.3.2022
The social trading platform announced in January will focus on cryptocurrencies and include a crypto wallet and crypto exchange with more than 50 assets
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine
4.3.2022
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny...
Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike
4.3.2022
Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...
Study: 77% of Saudis Aware of Cryptocurrencies, Only 18% Currently Buying and Selling
3.3.2022
More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies. Easy Accessibility of Virtual Coins According to the findings of...
‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
Enhance Your Crypto Trading Profits with the Most Advanced Spot Grid Strategies
2.3.2022
Grid trading is a sort of quantitative strategy used in trading, and trading bots are used to automate buying and selling on Spot Trading. The Spot Grid trading strategy is created to place orders at a preset interval within configured price ranges. Spot Grid strategies involve placing orders...
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
24.2.2022
Japan Exchange Group alerts against imposter crypto trading platforms
22.2.2022
Japanese investors are advised to look out for fraudulent companies replicating the JPX brand names, logos and URLs to offer crypto trading
Crypto trading firm Amber valued at $3B after big Singaporean investment
22.2.2022
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer
Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading
17.2.2022
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...
Aussie trading platform SelfWealth to offer crypto trading to its 325K users
16.2.2022
BTC Markets CEO Caroline Bowler emphasized that the partnership with SelfWealth demonstrated further legitimacy of broad-scale crypto adoption
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low
14.2.2022
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...
Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022
14.2.2022
The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers.
The plans include an online portal that allows clients to place orders for various digital...