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Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
20.5.2022
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first
Binance Loans Adds Two Digital Assets As Collateral – BAL, and BAND
20.5.2022
Binance has added two digital assets to its Binance Loans platform to cover more registered traders who seek to acquire funds from the platform. The digital assets that have been added are BAL and BAND. Binance announced the news through a post on its official website. Binance Loans is a supportive...
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
Indian government's ‘blockchain not crypto’ stance highlights lack of understanding
19.5.2022
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate
FTX US to launch stock trading against stablecoins
19.5.2022
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange
BitMEX Lists New Pairs of Project Galaxy, Tron, and ApeCoin
19.5.2022
As per the Twitter post shared by BitMEX, new perpetual contracts based on Project Galaxy, Tron, and ApeCoin went live on the exchange on May 19. The five new perpetual contracts include GALUSD, GALUSDT, TRXUSD, TRXUSDT, and APEUSD. The trading platform would bring advanced features like Bitcoin...
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
18.5.2022
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
18.5.2022
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed
BitMEX launches spot crypto exchange following $30M penalty
17.5.2022
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
16.5.2022
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
14.5.2022
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA
Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
13.5.2022
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation
Breaking: Binance suspends LUNA and UST trading amid issues on Terra blockchain
13.5.2022
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain
WazirX Delists and Ceases Trading of LUNA/INR, LUNA/WRX, and LUNA/USDT
13.5.2022
WazirX has delisted three trading pairs from its platform. These three trading pairs are LUNA/INR, LUNA/WRX, and LUNA/USDT. The delisting has been done based on the recent review of these trading pairs. Users will be able to utilize Binance free transfer to withdraw their LUNA funds. The delisting...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
13.5.2022
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company
Crypto-associated stocks hammered as COIN and HOOD drop to record lows
12.5.2022
The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off
Nasdaq partners with XP to launch cryptocurrency exchange in Brazil
12.5.2022
The exchange, known as XTAGE, is currently scheduled to launch in Q2 2022
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
11.5.2022
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000
FTX US applies for trust charter in New York
11.5.2022
Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services