Tags : market

Market

Google reversing crypto ads ban a testament to blockchain market

The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services after a lengthy period of almost three years.  In this regard, a policy update blog released by the firm stated […]Read More

Market

Cryptocurrency custody gives commercial banks a foothold in the market

Custody services aren’t the most compelling corner of the crypto ecosystem, but 21st-century solutions for storing and safekeeping digital assets are critical if cryptocurrencies are to achieve widespread adoption.  For that reason, Cowen Inc.’s recent announcement that the 103-year old United States investment bank wants to hold crypto on behalf of asset managers and hedge […]Read More

Market

Capture the industry? Token IPOs aim for $200T global capital

Earlier in May, INX Limited — a Gibraltar-based blockchain trading platform — announced the completion of its INX token sale event, which took place via an initial public offering. The event marked the first time that the United States Securities and Exchange Commission approved a crypto-asset IPO. The SEC has been consistent in its characterization […]Read More

Bitcoin

Bitcoin dumps to $30,000 with $8 billion in crypto liquidations

Bitcoin fell to under $33,000 on some exchanges, reaching levels last seen in February this year. Millions gone ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place bigger bets on the assets they trade.  They pay a fixed fee for doing so, while exchanges close out these positions […]Read More

Cryptocurrency

Bitcoin dumps to $33,000 with $7 billion in crypto liquidations

Bitcoin fell to under $33,000 on some exchanges, reaching levels last seen in February this year. Millions gone ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place bigger bets on the assets they trade.  They pay a fixed fee for doing so, while exchanges close out these positions […]Read More

Cryptocurrency

Bitcoin dumps to $38,500, $2 billion in crypto liquidations as

Crypto markets took a hit Tuesday as $2 billion was lost to ‘liquidations,’ data from multiple sources shows. Bitcoin fell to under $38,500 on some exchanges, reaching levels last seen in February this year. Millions gone ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place bigger bets on […]Read More

Cryptocurrency

Wall Street veteran says these Tether risks are behind crypto

Wall Street veteran says these Tether risks are behind crypto market selloff Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Caitlin Long, the founder of crypto bank Avanti Bank and a leading blockchain advocate, took to Twitter yesterday to explain the market sell-off, linking it to […]Read More

Cryptocurrency

Dogecoin volumes in Korea exceeded those of its entire stock

South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. Dogecoin up As per local news outlet Hankyung, the average daily trading volume on the Korea Composite Stock Price Index (KOSPI)—a representative index of Korean companies—was just $9 billion […]Read More

Bitcoin

Crypto market livens up as MicroStrategy says it wants more

Prices of Bitcoin (BTC) and other major cryptocurrencies swiftly began to pick up steam today after a week of uncertainty, potentially boosted by MicroStrategy announcing its plans to continue buying BTC. According to crypto metrics platform CoinGecko, Bitcoin is currently trading at over $57,000, up roughly 7% on the day. Ethereum (ETH), the second-largest crypto […]Read More