Tags : Trading

Bitcoin

Bitcoin options shows 30% chance of BTC trading above $50,000

Bitcoin options shows 30% chance of BTC trading above $50,000 next month Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Analysis The options market shows a glimmer of where Bitcoin could go next. Shaurya Malwa · June 16, 2021 at 2:00 am […]Read More

Bitcoin

US SEC asks institutions to consider these 4 factors before

$270 billion fund Guggenheim is seeking Bitcoin exposure, SEC filing shows Guggenheim Partners, one of the world’s largest fund managers with $270 billion in client assets under management, is seeking exposure to Bitcoin as part of a new fund, a filing with the US Securities and Exchange Commission (SEC) showed yesterday. 2 min read → […]Read More

Bitcoin

US investors made over $4 billion trading Bitcoin last year

A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when compared to their traditional economic rankings. US Bitcoin investors lead gains The report broke down the estimated gains made by countries in 2020. What this means is that countries that could […]Read More

Regulation

South Korea bans crypto executives from trading on their own

Korean minister says all 200 crypto exchanges in the country face a risk of closing down Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per […]Read More

Bitcoin

China’s state-run media slams Bitcoin trading, calls for stricter supervision

Following the Bitcoin mining debacle that originated from China earlier this week, Xinhua News, the official state-run press agency of the People’s Republic of China, published a new article today, highlighting the risks of cryptocurrency trading. The authors of the publication started off by explaining how leveraged trading works—a method where users effectively borrow money […]Read More

Cryptocurrency

Traders lost $200 million trading Dogecoin and Shiba Inu (SHIB)

Dogecoin (DOGE) and Shiba Inu (SHIB) traders lost over $200 million yesterday after Ethereum’s Vitalik Buterin dumped part of his stack, data from markets taken by Bybt shows. While Dogecoin has been memed into supposed legitimacy by the likes of Elon Musk, ‘petcoin’ Shiba Inu went from near-obscurity to temporarily become the world’s twelfth-largest cryptocurrency […]Read More

Bitcoin

American institution Citibank is building a crypto trading and custody

American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients. According to a Financial Times report published today, the bank hasn’t yet decided when—if ever—it will actually offer its clients crypto services but is preparing for such eventuality nevertheless. Clients’ interest in […]Read More

Bitcoin

Goldman Sachs is trading Bitcoin a year after saying crypto

US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC. Goldman Sachs just formed an entire cryptocurrency trading team under their Global Currencies divsion. Last year, they called #bitcoin “not an asset class” — Documenting Bitcoin 🟩 (@DocumentingBTC) May 7, 2021 From no crypto to […]Read More