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OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
24.5.2024
Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather subdued, ranging between $3,640 to $3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval...
New York customers can avail of XRP trading by Coinbase now
24.5.2024
The largest crypto exchange in the USA has reintroduced support for XRP, a leading cryptocurrency, in New York on 23rd May 2024. New York residents can buy and sell cryptocurrency on Coinbase once again and trade on Coinbase.com or the cryptocurrency exchange’s mobile applications. The legal head...
JayX Launches Unique LK Trading Contest: Win Big Even with Losses
24.5.2024
PRESS RELEASE. JayX, a leader in blockchain innovation, is thrilled to announce the LK Trading Contest, a novel event designed to engage traders of all levels with its unique dual prize structure. Running from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high...
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
Ether ETF approved, but Gary Gensler didn’t vote for it — Here’s why
24.5.2024
Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee, including SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC
SEC’s ETF nod could bring ‘ETH season’ if 3 key indicators hold
24.5.2024
Three key indicators suggest the possibility that ETH could surpass its all-time high, according to a crypto trader
Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst
24.5.2024
Newly-approved spot Ethereum exchange-traded funds (ETFs) could potentially hit the market by mid-June, as per Bloomberg ETF analyst James Seyffart
The post Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst appeared first on Cryptonews
Ethereum Price Prediction as SEC Approves Ethereum ETFs – Where is ETH Headed Next?
24.5.2024
The Ethereum (ETH) price is trading choppy in late Thursday trade as in wake of news dropping that the US SEC has approved spot Ethereum ETFs, a spectacular u-turn that has shocked the market that, up until one week ago, was betting that Ethereum ETFs would be rejected this week.
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Ether ETFs Clear Major Hurdle, Though SEC Hasn't Cleared Them for Trading Yet
23.5.2024
The Securities and Exchanges Commission (SEC) on Thursday approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF), marking a key step forward in bringing the fund on the market
Coinbase Re-Introduces XRP Trading for New York Customers
23.5.2024
Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.
The post Coinbase Re-Introduces XRP Trading for New York Customers appeared first on Cryptonews
Coinbase reopens XRP trading in New York
23.5.2024
Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP
Coinbase Reenables XRP Trading in New York
23.5.2024
“Coinbase Reenables XRP Trading in New York” – In a significant development for the cryptocurrency community in the Empire State, Coinbase has reenabled XRP trading in New York. The announcement was made by Paul Grewal, Coinbase’s Chief Legal Officer, via a social media...
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
23.5.2024
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over...
Japanese E-commerce Giant Mercari Launches Ethereum Trading
23.5.2024
The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app.
The post Japanese E-commerce Giant Mercari Launches Ethereum Trading appeared first on Cryptonews
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
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South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally
22.5.2024
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premium is in a similar range. South Korea’s...
Crypto Exchange Bitget Appoints Gracy Chen as CEO
22.5.2024
Cryptocurrency derivatives trading platform Bitget has promoted Gracy Chen as its new CEO taking over from Sandra Lou, who is moving on to pursue other business goals.
The post Crypto Exchange Bitget Appoints Gracy Chen as CEO appeared first on Cryptonews
Bitcoin and Ethereum ETPs debut on London Stock Exchange after FCA nod
22.5.2024
The physical ETPs will only be available to professional and institutional investors as the retail ban on crypto trading and sale of crypto derivatives