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Binance Discontinues Futures and Derivatives Products in Germany, Italy, and the Netherlands
3.8.2021
Binance, the leading cryptocurrency exchange by trading volumes, announced it is discontinuing its derivatives and futures products in Germany, Italy, and the Netherlands. This is likely the consequence of the regulatory crackdown that governments all over the world have exerted on Binance lately....
Bitcoin technicals: How low will BTC price go after failing at $42K resistance?
2.8.2021
Bitcoin price rejection at $42,000 means BTC is now trying to find new high lows, but at what price levels?
US Lawmaker Introduces Legislation to Regulate Crypto Assets and Protect Investors
2.8.2021
A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act. The legislation would “provide the Securities and Exchange Commission (SEC) with authority over digital asset securities and the Commodity Futures Trading Commission (CFTC) with authority over...
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
2.8.2021
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich warned those already involved in crypto trading to be prepared for the consequences as this...
Nigerian crypto adoption rises despite govt crackdown
2.8.2021
Nigerians are still hungry for crypto despite the central bank's efforts to quash it
Analysts Discuss Bitcoin Over-the-Counter Desks Bubbling With BTC Demand
1.8.2021
Digital currency markets have been gathering gains again moving past the lows seen a few weeks ago. This week crypto traders have been discussing over-the-counter (OTC) desks bubbling with demand for bitcoin as the co-founder of 21st Paradigm explained, “high net worth individuals [and]...
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours
31.7.2021
Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at 8:00 p.m. (EDT). The entire market capitalization of all 10,000+ crypto assets is $1.64 trillion on Saturday, up over 6% during the last day. Bitcoin Climbs...
Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’
30.7.2021
The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through...
Crypto Trading Spiking Through Gamification and Trading Competitions
30.7.2021
A variety of subtle and obvious design details have been pushing app-based trading toward a more gamified experience. Platforms like eToro, League of Traders, and Zignaly have incorporated features like visualized portfolios, leaderboards, and top-trader profiles. These in-app features present...
Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
30.7.2021
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut
Binance to shut down crypto derivatives trading in Europe
30.7.2021
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands
PayPal set to launch crypto trading in the UK and may embrace DeFi
30.7.2021
The global payments platform wants to let British customers trade crypto on its new “super app”
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
30.7.2021
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of its crypto services in partnership with Lukka, an enterprise crypto asset data and software provider. State Street Launching New Crypto Services State...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Bitcoin bulls control Friday's $1.7B monthly options expiry
29.7.2021
Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry
VORTECS™ Spotlight: Here’s why Telcoin’s (TEL) rebound eclipsed most altcoins
28.7.2021
As Bitcoin price reversed course, a key trading indicator flashed bullish hours before TEL embarked on a sharp 82% rally
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
28.7.2021
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018....
ETH's trading volume grew much faster than BTC’s in first half of 2021
28.7.2021
Trading volumes for ETH increased by 1,461% over the first half of 2020
Fans Upset At Magic: The Gathering Arena's Special New Digital Cards
27.7.2021
Coming to Magic: The Gathering Arena on August 12, the Jumpstart: Historic Horizons expansion adds a trio of new game mechanics that only work in the digital version of the popular trading card game, along with 31 new digital only cards. The move away from traditional paper is rubbing some fans...