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Institutional FX
Trading Turnover on SIX Swiss Exchange Hits CHF 122.1 Billion in January
2022-02-02T08:52:11.719+02:00
The exchange recorded the highest single-day in turnover on 5 January.
The total number of trades also increased last month.
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AstroPay Enhances Presence in Cryptocurrency Market
2022-02-01T15:41:44.828+02:00
The company has expanded its offering to reach a broader range of users.
AstroPay offers innovative online payment solutions.
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CryptoCurrency
Amber Group Procures DeCurret Inc. Enabling Its Entry to Japan’s Crypto Market
2022-02-01T13:53:02.580+02:00
It has acquired a Crypto-Asset Exchange Service Provider registered with the FSA.
The purchase will build on the synergies between Amber Group and DeCurret.
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CryptoCurrency
Op-ed
Ark Invest Has Big Ideas for Crypto
2022-02-01T11:31:43.616+02:00
Ark is an investment management firm that was founded by Cathie Wood in 2014.
It specializes in disruptive technologies including cryptocurrencies.
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News
India to Tax Crypto Gains at 30%, No Exemption Is Allowed
2022-02-01T10:01:04.219+02:00
There will be a 1 percent tax deductible at source (TDS) for all transactions.
The central bank is also planning to launch a digital currency.
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Bitcoin Network Processed $3 Trillion Worth of Payments in 2021
2022-02-01T09:03:49.621+02:00
In terms of annual transaction volume, Bitcoin surpassed Amex and Discover.
Only Visa and Mastercard processed more volume than BTC.
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Deutsche Börse Reports a Surge in Demand for Crypto Products
2022-01-31T14:01:17.466+02:00
Average monthly trading volumes in crypto ETNs climbed 922% in 2021.
The performance of ETFs touched a new record high last year.
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Bitcoin and Ethereum See Slow Recovery
2022-01-31T12:43:09.318+02:00
BTC surged by almost 8% in the last 7 days.
Ethereum’s market cap stabilized near $300 billion.
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Cryptocurrency Exchange Binance Restricts 281 Accounts of Nigerian Users
2022-01-31T11:15:57.290+02:00
Nearly 38% of the accounts were restricted at the request of law enforcement agencies.
According to the exchange, it has resolved 79 cases.
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Thought Leaders
Non-Custodial DEX Launches on Cardano
2022-01-31T10:53:35.272+02:00
Those looking for a safe and scalable Cardano-based DEX will be excited to try out ADAX.
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ADAX
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Grayscale’s Digital AUM Drops to $32 Billion
2022-01-29T11:47:51.751+02:00
The company still holds more than $23 billion worth of BTC assets under management.
Ethereum is the second-largest holding of Grayscale.
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Bitcoin’s Market Dominance Increases, Price Struggles around $36,000
2022-01-28T12:29:28.817+02:00
The market cap of BTC is hovering near $700 billion.
The crypto asset accounts for 42% of the total market cap of digital currencies.
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Bitget Inks a Sponsorship Deal with Team Spirit
2022-01-28T09:02:23.171+02:00
Team Spirit is a prominent esports organization in Russia.
Bitget is now the official crypto partner of the team.
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Robinhood Reports a Net Loss of $423 Million for Q4 2021
2022-01-28T07:59:07.021+02:00
However, the total net revenues surged 14% in the latest quarter.
The shares of Robinhood dropped heavily in the pre-market trading.
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TP ICAP Adds Susquehanna as Market Market for Upcoming Crypto Platform
2022-01-27T11:23:55.135+02:00
It has onboarded four market makers for the spot crypto trading platform.
The platform will be launched later this year.
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SEC Probes Crypto Firms for Offering Lending Products
2022-01-27T09:28:29.337+02:00
The federal regulator is investigating three companies.
Many state regulators took enforcement actions against crypto lending firms.
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Cryptocurrency Money Laundering Climbs 30% in 2021
2022-01-27T09:13:36.976+02:00
The role of DeFi in illegal transactions has increased.
In 2021, cyber criminals laundered over $8.6 billion worth of digital currencies.
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Short-Term Bitcoin Holders Face Historic Losses
2022-01-27T08:02:54.740+02:00
The crypto asset is down by nearly 50% from its all-time high.
The realized profitability of short-term BTC holders has reached a record low level.
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Thought Leaders
Investing in Real Estate Doesn’t Need to Be Hard, Says Immocation CEO
2022-01-26T18:07:40.688+02:00
Real estate is often seen as an exclusively old-age arrangement.
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Bullish Exchange Hits Record Daily Trading Volume of $300 Million
2022-01-26T15:02:38.548+02:00
The exchange saw a 24-hour trading volume of over $300 million on 25 January 2022.
The total trading volume has crossed the mark of $5 billion.
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Op-ed
CryptoCurrency
Op-ed
Markets Within Markets: NFTs Thrive in the Crash
2022-01-26T12:51:33.664+02:00
Many level 1 blockchains have formed their own self-contained ecosystems.
Cardano has for a long time been sitting comfortably among the top cryptocurrencies.
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FTX US Raises $400 Million in Funding, Tops $8 Billion Valuation
2022-01-26T12:00:52.045+02:00
The investment round saw participation from Japan’s SoftBank and Singapore’s Temasek.
The US arm of crypto exchange FTX is planning to enhance its offerings.
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XREX Obtains Money Services Business License from FINTRAC
2022-01-26T10:43:11.014+02:00
The Financial Transactions and Reports Analysis Centre is Canada’s financial intelligence unit.
The license will allow the company to expand its presence in North America.
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XRP Address Transfers 90 Million Coins to Bithumb
2022-01-26T09:17:28.562+02:00
The value of the transaction stands at approximately $56 million.
The digital asset climbed by almost 5% in the last 24 hours.
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Institutional Crypto Inflows Return, BTC Products Gain Popularity
2022-01-26T08:38:50.346+02:00
Bitcoin investment products attracted $14 million worth of inflows last week.
Ethereum remained under pressure with outflows worth $16 million.
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