Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
Continue ReadingExchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo. Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO […]
Continue ReadingUnited Kingdom-based social trading platform eToro has added support for Tron. United Kingdom–based social trading platform eToro has announced the listing of Tron (TRX), the firm tweeted on Monday, March 25. The announcement comes on the heels of the launch of eToro’s crypto trading services in the United States earlier in March. The company announced […]
Continue ReadingA recent report from Bloomberg analysts states that Bitcoin could be nearing another significant sell-off. Key price movement indicators show that Bitcoin (BTC) could be heading for another move downward, according to a recent report from Bloomberg on March 12. The report states, “Technical gauges signaling long-term buying demand for Bitcoin are deteriorating” and as […]
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The CEO of cryptocurrency exchange Binance has alluded to a new fiat-to-crypto exchange in Argentina on Twitter. CEO of cryptocurrency exchange Binance, Changpeng Zhao, has hinted at the creation of a new fiat-to-crypto exchange in Argentina in a tweet sent on March 9. The tweet was in reply to a piece published by crypto news […]
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Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States. Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States, according to a press release shared by the company with Cointelegraph on March 7. The exchange, which […]
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The financial capital of the world can afford to be picky — but does it stifle fintech innovation? Recently the New York Department of Financial Services (NYDFS) grant statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of […]
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Elon Musk recently stated that Bitcoin is a better transfer of value than paper money. On the week, the coin is up by almost 10 percent. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you […]
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A new survey from investment platform eToro has revealed that 43 percent of millennial traders trust traditional stock exchanges less than crypto exchanges. Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from […]
Continue ReadingMorgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the […]
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