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African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency
6.9.2021
A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African digital currency,” hence this needs to...
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
These 2 indicators gave traders a buy signal hours before Filecoin and Near rallied
18.8.2021
In the crypto market, it’s often the early bird that gets the worm. Here’s how two quant-style indicators flashed a bullish signal for FIL and NEAR
Pro traders know it's time to range trade when this classic pattern shows up
18.8.2021
Traders analyze bearish and bullish rectangles to spot trend changes and range trade stocks and cryptocurrencies
Strong fundamentals lure traders back to Audius, Raydium and Helium
17.8.2021
New partnerships, exchange listings and network expansion are the primary factors pushing AUDIO, RAY and HNT price higher
Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq
16.8.2021
Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be...
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
11.8.2021
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August...
Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
7.8.2021
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity gaming universe tapped an all-time high at $52 per unit 10 days ago. Despite...
SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs
5.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded...
Altcoins pump while traders anticipate a lower support test from Bitcoin
29.7.2021
RUNE, QNT and PERP continue to gather strength even as analysts expect a lower support test for Bitcoin price
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
n.exchange Partners with SwapSpace to Expand its Reach to More Traders
26.7.2021
London, England, July 2021 – n.exchange, a fast, reliable, and fully transparent cryptocurrency exchange built by crypto enthusiasts for crypto enthusiasts, partners with SwapSpace, a leading cryptocurrency exchange aggregator that combines the rates from leading non-custodial exchanges...
Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
Bitcoin investment product volumes fall to 38% of YTD average
20.7.2021
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish
German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan
17.7.2021
German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....
Oldest US Bank BNY Mellon to Provide Grayscale Bitcoin Trust With Asset Servicing and ETF Services
13.7.2021
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin trust upon its conversion to an exchange-traded fund (ETF). Grayscale Teams up With BNY Mellon Grayscale Investments...
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
13.7.2021
The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease...
Bitcoin dips below $33K as shorts spike, trader warns of 'violent' BTC price squeeze
12.7.2021
It may even be boring for traders right now, but Bitcoin is preparing a rare event which will shake up price action definitively, argues trader John Wick
US SEC Commissioner Says Bitcoin ETF Approval Long Overdue
5.7.2021
SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time ago. She emphasized that it is not the SEC’s job to approve or reject applications based on the merits of the underlying investment itself. “People...
Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow
2.7.2021
Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF). Skybridge Capital CEO Anthony Scaramucci revealed in the latest episode of The Scoop, published...