Facebook in Talks with the CFTC, QuadrigaCX Update: The Weekly Show
- Stay up to date with the top stories in the crypto sector.

FBI Starts Investigating into QuadrigaCX
Multiple agencies in the United States have started to investigate the exchange, including the Federal Bureau of Investigation (FBI), in hopes to find a solution to the exchange’s financial crisis, as Finance Magnates reported.
Although the FBI has only recently admitted its official involvement with the Canadian crypto exchange, according to Fortune, it initiated an investigation on the doomed exchange in March.
Does this mean we will finally have a resolution to the QuadrigaCX saga?
Facebook in Talks with CFTC
Facebook Inc. is in talks with the US Commodity Futures Trading Commission (CFTC) about the future of its cryptocurrency project - reportedly known internally as “GlobalCoin”, according to a report from the Financial Times on Sunday.
The social media network is not only in talks with CFTC, however, as it has also been in talks with the US Treasury, although neither party has spoken publicly about the interactions just yet.
Because of the large scale of Facebook’s project, could this lead to more clear cryptocurrency regulation?
LMAX Digital Reports Record Trading Volume in May
After a sluggish April, LMAX Digital managed to report a record trading volume in May of $5 billion, as Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. Read this Term and crypto demand return to the market - particular from Asia.
On the 12th of May, the regulated institutional exchange achieved a record high of more than $400 million in daily spot volumes. This is more than double what was recorded in April, which stood at $2.2 billion.
In this edition of The Weekly Show, we answered the question - does this mean the crypto winter is over?
FBI Starts Investigating into QuadrigaCX
Multiple agencies in the United States have started to investigate the exchange, including the Federal Bureau of Investigation (FBI), in hopes to find a solution to the exchange’s financial crisis, as Finance Magnates reported.
Although the FBI has only recently admitted its official involvement with the Canadian crypto exchange, according to Fortune, it initiated an investigation on the doomed exchange in March.
Does this mean we will finally have a resolution to the QuadrigaCX saga?
Facebook in Talks with CFTC
Facebook Inc. is in talks with the US Commodity Futures Trading Commission (CFTC) about the future of its cryptocurrency project - reportedly known internally as “GlobalCoin”, according to a report from the Financial Times on Sunday.
The social media network is not only in talks with CFTC, however, as it has also been in talks with the US Treasury, although neither party has spoken publicly about the interactions just yet.
Because of the large scale of Facebook’s project, could this lead to more clear cryptocurrency regulation?
LMAX Digital Reports Record Trading Volume in May
After a sluggish April, LMAX Digital managed to report a record trading volume in May of $5 billion, as Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets. Read this Term and crypto demand return to the market - particular from Asia.
On the 12th of May, the regulated institutional exchange achieved a record high of more than $400 million in daily spot volumes. This is more than double what was recorded in April, which stood at $2.2 billion.
In this edition of The Weekly Show, we answered the question - does this mean the crypto winter is over?