The SFC’s enforcement chief pointed out problems related to existing regulatory uncertainty over the crypto space. The Securities and Futures Commission (SFC) of Hong Kong has expressed concern over the lack of regulation for dealing with fraud in the crypto space, local news agency The Standard reports May 30. SFC enforcement chief Thomas Atkinson has […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time. Wednesday, May 29 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day. Market visualization courtesy of […]
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Cryptocurrency markets have seen mixed signals today, with most top coins trading sideways and Bitcoin trading at around $8,732. Tuesday, May 28 — Major cryptocurrencies have continued trading sideways, reporting mixed signals at press time, according to Cointelegraph’s Coin360 data. Market visualization from Coin360 After steadily pushing to the $9,000 price mark on May 27, […]
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Following research claiming that 95% of volume on unregulated exchanges is fake, Bitwise clarified that it does not impact BTC’s price. American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of […]
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There exists a possibility the abrupt fall of bitcoin to $6,400 could hinder the chances of an ETF approval. On May 17, bitcoin’s (BTC) price experienced a “flash crash,” dropping to $6,400 within minutes, which was triggered by a 5,000 BTC sell-off — equivalent to around $35 million at the time. An individual investor, speculated […]
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sponsored A crypto derivatives exchange says it offers competitive advantages over rivals thanks to its partnerships with established industry players. A crypto futures exchange says its features mean it is well-positioned to solve current problems that exist among rivals. The team behind FTX claims they were driven to act after “hours of feedback” to established […]
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin approaches the $8,000 mark again. Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is […]
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Cryptocurrency markets are turning green, having overcome the drop in the beginning of the day. Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360. Market visualization from Coin360 The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually […]
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IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX. Trading IT infrastructure company Avelacom has partnered with digital currency exchange Seed CX, according to a press release published on May 23. The partnership aims to allow institutional clients of Avelacom — an IT infrastructure provider for the financial services industry — to […]
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Robinhood Crypto officially launched its commission-free trading in New York after acquiring a BitLicense in January 2019. American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by the New York State Department […]
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