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AUD/USD Currency Stays in Focus as Traders Await Omicron News


Following last week’s volatile market nature, Asia-Pacific markets are expected to start trading cautiously. The economic calendar is currently light, allowing prevailing risk trends to remain controlled. The developing Omicron variant of Covid-19 impacted mood last week, causing risk...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss


  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

AUD Threatens Key Level as APAC Traders Await Omicron News


The week started rough for the AUD as the US cuts off travel with South Africa. The safe-haven currency made the decision amid the threat of a new pandemic variant, Omicron. The announcement affected the market significantly, hurting the portfolio of numerous Australian forex brokers. The new virus...

Flexible Staking Now Live on Bybit’s ByFi Center


Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC,...

Selling Hits Crypto Market Again as New COVID Variant Spooks Traders


Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa. At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price...

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges


Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...

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