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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A teaser of the platform’s new look notably includes a view of margin trading, which CEO Changpeng Zhao previously said was in testing. Cryptocurrency exchange Binance delivered what appeared to be the first confirmation it had added margin trading for traders in a social media update on May 24. As part of its ongoing transition […]
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Japan’s House of Representatives passed crypto-related amendments to two financial laws to the upper house. The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21. The lower house has reportedly moved crypto-related amendments to the existing financial law to […]
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Crypto exchange Seed CX has announced support for stablecoins Paxos, USD Coin, and TrueUSD, which are currently pegged to U.S. dollars. Chicago-based crypto exchange Seed CX has announced support for stablecoins Paxos (PAX), USD Coin (USDC), and TrueUSD (TUSD) in a press release on May 14. The new stablecoin additions can be traded for U.S. […]
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sponsored An upcoming crypto exchange says its platform is built upon an institutional-grade trading engine capable of processing 2 million orders per second. A new blockchain trading platform says its secure, reliable infrastructure enables users “to stay ahead of market movements and manage risk and loss like never before.” As well as supporting a wide […]
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HBUS has announced the appointment of Oren Blonstein as its vice president of product and technology. HBUS, the operator of United States-based crypto exchange Huobi.com, has announced the appointment of technology and financial services veteran Oren Blonstein as its vice president of product and technology. The development was revealed in a press release shared with […]
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Changes made to the public API of Binance seemingly reveal that the company has enabled margin trading for nine trading pairs. Changes made to the public Application Programming Interface (API) of major cryptocurrency exchange Binance seemingly reveal that the company has enabled margin trading for nine trading pairs. As Cointelegraph previously reported in March, the […]
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sponsored A global crypto platform has launched a leveraged bitcoin CFD, enabling traders to speculate on the asset’s price movements against the Japanese yen and U.S. dollar. A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar. Liquid […]
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Will the bears now sink the price back to the lows, or will the major cryptocurrencies form a higher low? 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 should conduct your own research when […]
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