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Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’
29.1.2024
Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little history, no inherent economic value, no cash flow,...
Tiger Brokers Opens Door for Crypto Trading in Hong Kong + More Crypto News
26.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Tiger Brokers Opens Door for Crypto Trading in Hong Kong Arbitrum One Integrates Chainlink Functions on Mainnet Colosseum Launches New Platform...
Chinese Crypto Market Recorded $86.4B in Raw Transaction Volume in a Year, Eclipsing Hong Kong
25.1.2024
In the face of China’s economic downturn and a sluggish stock market, Chinese investors are turning to the crypto market as a safer alternative to traditional investments, despite the government’s crypto ban. Chinese citizens are finding creative ways to enter the crypto market, fueling...
Austria’s RLB NÖ-Wien Bank Allows Crypto Trading Using Bitpanda Tech
25.1.2024
Austrian cooperative bank Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) is allowing clients to trade digital assets using their banking apps using Bitpanda infrastructure starting from today. Bitpanda says that a large traditional bank such as RLB NÖ-Wien embracing digital assets is...
Crypto.com’s Spot Trading Volume Soars, Surpassing Kraken and KuCoin – Can it Overtake Binance Next?
25.1.2024
Crypto.com has experienced a surge in its spot trading volume, surpassing major competitors Kraken and KuCoin. The platform’s impressive performance has positioned it as the 9th largest cryptocurrency exchange globally, with its spot volume accounting for over 3 percent of the global market....
Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia
25.1.2024
Bakkt Holdings, crypto trading and custody platform, announced the expansion of its crypto operations in several crypto-friendly international jurisdictions. The digital assets solutions firm has established crypto trading and onramp capabilities in Brazil and Guatemala, adding to Bakkt’s existing...
British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
24.1.2024
Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British...
Immediate Intal AI Review – Scam or Legitimate Trading Platform
23.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Intal AI is a crypto trading platform that promises to let users experience the future of trading. It portrays itself as a provider of an AI-powered trading system, letting users...
Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens
19.1.2024
Former employees of crypto trading firm LedgerPrime have unveiled a new hedge fund named Split Capital, focusing on liquid tokens. Split Capital’s founders include Zaheer Ebtikar, Michael Churchouse, and Nai Boonkongkird, with Shiliang Tang, former chief investment officer at LedgerPrime...
China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ
18.1.2024
Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters
South Korean Gov’t to ‘Completely Review’ Crypto Tax Law
18.1.2024
Source: HyunJun/Adobe The South Korean government says it will “completely re-examine” the “need” to tax crypto traders on their earnings. As things stand, traders are set to be taxed on their earnings from January 2025. But per News1, the government will “review” its stance on the taxation...
QCP Capital Predicts ETH to Outperform BTC Amid ETH Spot ETF Approval Expectations
17.1.2024
QCP Capital, a Singapore-based crypto trading firm, has forecasted that Ethereum will outperform Bitcoin in the medium term. In a recent post on Telegram, the company argued that the narrative surrounding potential ETH Spot ETF approvals will help ETH outshine the BTC in the short future. QCP said...
Everix Edge Review – Scam or Legitimate Trading Platform
17.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Everix Edge is a crypto trading platform that promises to allow investors to interact with the wild frontier of crypto trading via highly advanced investment tools. The platform claims to bring...
Vortex Edge Review – Scam or Legitimate Trading Platform?
17.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Vortex Edge is a crypto trading platform that claims to help investors discover a ‘new era of possibilities”. Using the perfect blend of advanced technology and effortless trading...
Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading
15.1.2024
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token...
South Korea’s Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
15.1.2024
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South...
Immediate Serax Review – Scam or Legitimate Trading Platform
15.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Serax claims itself to be a crypto trading platform capable of empowering investors’ trading potential. According to the platform’s website, it has been instrumental...
Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why
12.1.2024
Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI crypto gaining traction during...
Cryptocurrency Regulations Set to Help Minimize Risks Associated With Crypto Trading — Turkey Finance Minister
12.1.2024
Mehmet Simsek, the Turkish Finance Minister, recently revealed that a draft of his country’s crypto regulations is now in the final stage. Simsek said that once they come into force, the new regulations will help minimize the risks that are associated with trading crypto assets. Minimum...
Crypto Titans are Strategically Piling into This Dark Horse Token – 14-Day Countdown Begins
11.1.2024
Crypto titans have taken an interest in Launchpad XYZ’s presale offering early access to its AI-powered crypto trading platform. Image by hiddencatch, Adobe Stock. Accurately predicting price movements has long been the holy grail for investors and traders across all markets. But volatility...