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Brokers
Dukascopy Enhances Crypto Offerings with P2P Exchange Launch
2022-05-16T13:10:22.355+02:00
The new platform will initially support 12 top cryptocurrencies.
It is focused to secure the fiat funds during the transactions.
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Dogecoin Has Potential as Currency, Says Elon Musk
2022-05-16T11:40:28.166+02:00
Musk has been one of the biggest supporters of the meme coin.
DOGE is currently the 10th largest cryptocurrency in the world.
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Goldman Sachs Joins Elwood’s $70 Million Series A Funding Round
2022-05-16T09:30:00.134+02:00
The investment round was co-led by Dawn Capital.
The company aims to expand its institutional services.
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Regulation
Nigerian Regulator Defines Crypto as Securities, Clarifies Listing Rules
2022-05-16T09:04:41.757+02:00
Exchanges in the country need to be registered with the regulator.
They need to obtain licenses for the issuance and transfer of securities.
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News
Shiba Inu and Dogecoin Lose Momentum
2022-05-14T15:39:49.555+02:00
SHIB has dropped by more than 40% within the last week.
Dogecoin has failed to retain the recent rally.
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Retail FX
Rising Crypto Sports Sponsorships: Are FX Brands Still in the Game?
2022-05-14T13:24:16.192+02:00
FX companies have dominated the global sports sponsorship sector during the last decade.
However, with huge marketing budgets, crypto brands have cracked some historic sponsorship deals in the last 2 years.
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CryptoCurrency
Crypto Market: Sustainable Rally or Dead Cat Bounce?
2022-05-13T16:34:58.466+02:00
The market cap of digital assets has dropped by more than $500 billion in the last 7 days.
However, Friday’s 10% rebound has given crypto supporters a glimpse of optimism.
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Binance Announces Suspension of LUNA and UST Trading
2022-05-13T14:14:13.621+02:00
The company has suspended spot trading for the LUNA/BUSD and UST/BUSD trading pairs.
Cryptocurrency LUNA has crashed by more than 99%.
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News
Chainalysis Secures $170 Million in Series F Funding
2022-05-13T08:17:35.267+02:00
The company received a valuation of $8.6 billion.
The investment round was led by GIC.
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Retail FX
FX and Crypto Trading Platform CEO Charged for $59 Million Fraud
2022-05-13T07:17:10.249+02:00
He promised investors a weekly return of 5 percent.
He only invested a part of the investors’ funds and suffered a loss of over $6 million.
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News
US Authorities Sentence Crypto Trader to 42 Months in Prison
2022-05-12T08:49:19.851+02:00
Jeremy Spence defrauded more than 170 investors.
The Securities and Commodities fraud unit is handling the case.
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Executive Moves
EQONEX Selects Paul Ewing as Chief Operating Officer
2022-05-11T16:07:21.306+02:00
Daniel Ling has been appointed as the CFO.
Andrew Eldon has resigned from his position as the COO.
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News
Gate.io Introduces Institutional Services Arm
2022-05-11T12:23:57.263+02:00
The new arm will facilitate market makers and brokers.
Gate Institutional will also issue an exclusive NFT pass.
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News
Bitcoin Exchange Inflows Increase during Market Correction
2022-05-11T10:55:22.255+02:00
In just one week, 0.52% of the Bitcoin supply has returned to exchanges.
Amid market correction, the BTC supply in profit has decreased by almost 10%.
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Op-ed
CryptoCurrency
Op-ed
Crypto Crashes Clear the Air for NFTs
2022-05-10T18:30:00.000+02:00
Crypto markets are so volatile that there isn’t usually too emotional a reaction to dips in prices.
Just occasionally though, total fear takes over, and it is getting close to that kind of panic.
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News
KuCoin Secures $150 Million in Funding, Tops $10 Billion Valuation
2022-05-10T15:47:27.421+02:00
The funding round was led by Jump Crypto.
The investment round also saw participation from multiple funds.
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News
Weekly Institutional BTC Flows Turn Positive
2022-05-10T08:53:16.488+02:00
BTC investment products attracted $45 million last week despite price correction.
Ethereum flows remained negative as ETH products saw outflows worth $12.5 million.
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Op-ed
CryptoCurrency
Op-ed
Convergence in the Metaverse
2022-05-09T18:30:00.000+02:00
Learning about Bitcoin could take you down multiple rabbit holes.
You soon find yourself studying history, psychology, stock markets and more.
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Thought Leaders
BDSwiss Expands Its Cryptocurrency Offering with 9 New CFDs
2022-05-09T13:04:47.826+02:00
The new additions bring the total number of cryptos available to trade to 26 crypto-pairs.
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Bitcoin Plunge Continues, BTC Dips by 50% since All-Time High
2022-05-09T08:11:37.987+02:00
The crypto asset is now trading near its lowest level in almost 4 months.
In the past 24 hours, approximately $200 million worth of long crypto positions have been liquidated.
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News
Staking Contract of Ethereum 2.0 Reaches 12.4 Million ETH
2022-05-07T10:35:49.144+02:00
The total value of deposited coins under ETH 2.0’s staking contract has reached $33 billion.
Ethereum has seen a sharp decline in its price recently.
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Regulation
Argentina’s Central Bank Prohibits Banks from Offering Crypto Services
2022-05-06T11:22:33.523+02:00
At least two banks in the country are offering crypto trading.
Cryptocurrencies are not regulated in the country.
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Bitcoin Holder Moves $300 Million Worth of BTC from Coinbase
2022-05-06T09:47:43.004+02:00
8,000 coins were transferred on 3 May.
BTC has decreased by nearly 10% in the last 7 days.
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Crypto Adoption Increases in the UK
2022-05-05T14:03:43.153+02:00
Nearly 33% of UK consumers have purchased digital assets.
61% of crypto owners are planning to increase their holdings.
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News
Weekly Institutional BTC Outflows Reach the Highest Level since June 2021.
2022-05-04T10:12:14.141+02:00
Outflows from BTC investment products reached $133 million last week.
FTX Token saw a sharp surge in weekly inflows.
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