Category: Crypto Exchanges

Chinese state media signals tighter crypto regulations in Terra aftermath

May 31, 2022

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The China state-owned media outlet, the Economic Daily, has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem. In an article published May 31, the outlet detailed the collapse of TerraUSD (UST) and Luna (LUNA), explaining the workings of the algorithmic stablecoin. […]

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Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

February 12, 2022

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On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. 10781 Total views 38 Total shares “Sophisticated passive buying” on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold storage. Adjusted Bitcoin supply shock. Source: Willy Woo The price […]

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Small Ethereum investors increase exposure as ETH loses $4K level

December 13, 2021

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Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses […]

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Norwegian Block Exchange to become first Nordic crypto platform to list on Euronext

December 3, 2021

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“The future of the financial industry is built on blockchain technology,” said NBX CEO Stig Kjos-Mathisen. 4188 Total views 46 Total shares On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange. […]

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Shiba Inu gains over 30% in just 2 days as Kraken announces SHIB listing

November 30, 2021

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Shiba Inu (SHIB), a Dogecoin-inspired meme cryptocurrency, has emerged as one of the best performers across traditional and crypto markets entering the new weekly session as its price climbed by over 30% week-to-date. SHIB’s price reached $0.00005155 Tuesday after bouncing from its technical support near $0.00003560 at the beginning of this week. Its rebound signaled […]

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Shiba Inu slump continues: Data shows retail interest waning as SHIB down 60% in 4 weeks

November 24, 2021

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Shiba Inu (SHIB) edged further down on Nov. 24 as its appeal among the army of retail traders, who helped it rally by more than 535% to a record high of $0.00008854 earlier this year, declined. SHIB’s price dropped by nearly 60% after establishing the said all-time high on Oct. 28, signaling that traders have […]

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Korean Finance Minister vows to fight moves to delay the crypto tax code

September 17, 2021

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South Korea’s Minister of Strategy and Finance, Hong Nam-Ki has vowed that the controversial crypto tax code will come into effect on January 1st, 2022 despite moves this week by the majority Democratic Party to postpone it to 2023. The tax code will levy a 20% tax on income generated by crypto transactions in excess […]

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South Korea’s banking association alarmed by altcoin trading mania

May 10, 2021

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South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins. 1432 Total views 10 Total shares The Korea Federation of Banks has raised alarm over the increase in altcoin trading volumes across crypto exchanges in the country. According to a report by The Korea Herald on Monday, […]

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Bitcoin Exchange LVL Launches Mastercard Debit Card

January 22, 2021

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The card can spend crypto and fiat around the world. LVL’s debit card(LVL) Jan 22, 2021 at 5:01 p.m. UTCUpdated Jan 22, 2021 at 5:03 p.m. UTC Bitcoin Exchange LVL Launches Mastercard Debit Card Upstart cryptocurrency exchange LVL is opening pre-orders for a Mastercard debit card linked to bitcoin and fiat accounts. The card is […]

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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

December 9, 2020

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Dec 9, 2020 at 3:00 p.m. UTC Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm. Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by […]

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