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Three Arrows Capital Founders Launch Exchange Where You Can Trade 3AC Bankruptcy Claims
9.2.2023
Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level
7.2.2023
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600. Bitcoin Bitcoin (BTC)...
Report: Korean Regulator Approves Issuance and Distribution of Security Tokens
7.2.2023
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that...
JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’
6.2.2023
A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023....
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
5.2.2023
These cybercriminals reach out to romance-seekers from dating apps like Tinder before convincing them to invest in their fraudulent cryptocurrency investment schemes
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend
4.2.2023
Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better than the 185,000 many were expecting. Bitcoin mostly...
Biggest Movers: SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling
3.2.2023
Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cryptocurrency market cap falling 1.28% at the time of writing. Polkadot was also higher, as...
Indonesia targets launch of its national crypto exchange by June
3.2.2023
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021
China's Hainan to boost NFT oversight as digital yuan trial ramps
31.1.2023
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior
Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
30.1.2023
The move comes one week after Cumberland inked a deal Canada-based crypto platform BitBuy to boost liquidity on that exchange
India should reduce TDS on crypto trade in the 2023 budget
27.1.2023
Cryptocurrency in India is going through a process of legal identification. There is little surety if the country will legalize the digital currency considering that the digital rupee has started circulating in the market. An application of 1% TDS on the transfer of virtual digital assets worth...
What is an ascending triangle pattern and how to trade it?
27.1.2023
Ascending triangle patterns are one of the most popular chart indicators traders use, but it does not always mean the price will rally
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
27.1.2023
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
25.1.2023
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and...
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says
24.1.2023
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto...
China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs
23.1.2023
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind...
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K
22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...
This Bitcoin Chinese New Year Trade Has Been A winner for Last 8 Years
22.1.2023
Bitcoin has extended gains over the weekend ahead of celebrations for the Lunar New Year holiday and the Spring Festival throughout Southeast Asia, rallying to its highest level since August....
Read More: This Bitcoin Chinese New Year Trade Has Been A winner for Last 8 Years
UAE Minister Says Crypto Will Play a "Major Role for UAE Trade Going Forward"
21.1.2023
The United Arab Emirates plans to use crypto for trade in the future and also set up a working regulatory framework, according to the country's minister of state for foreign trade.
Speaking with Bloomberg on Jan. 20 in Davos Switzerland, where the World Economic Forum's annual meeting is taking...
Crypto to play 'major role' in UAE trade: foreign trade Minister
21.1.2023
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth