Cryptocurrency Analysis and News Portal
As decentralized exchanges (DEXs) evolve, their functionalities become more and more advanced, often matching those of centralized exchanges (CEXs). One such functionality is the ability to place limit orders, which offers more flexibility and efficiency to DEX traders. This article looks at the existing limit order features and their prospective
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Kazakhstan has become the second-biggest contributor to the bitcoin network after a crackdown in China that started in May drove out crypto mining companies. It now accounts for 18% of the global hashrate, a measure of computing power used to mine bitcoin, according to the Cambridge Center for Alternative Finance. Source
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The ProShares Bitcoin Strategy exchange-traded fund (ETF) is on track to reach a limit on the number of futures contracts it’s allowed after quickly becoming a little too popular.After just a couple of days of trading, the ProShares ETF has reached 1,900 contracts sold for October and there is a
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Arc is Intel’s first full step into the world of discrete gaming graphics cards since 1998. Intel previously focused on integrated GPUs, which are built into the processor and share system memory with the central processing unit (CPU). Discrete cards are separate from the processor with independent memory and power
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Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in crypto, local news agency Interfax reported on Wednesday. To this end, lawmakers in the country’s parliament are reportedly considering new legislation
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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto The chairman of the Board of Governors of the
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“Fitch believes that the debt limit will be raised or suspended in time to avert a default event, but if this were not done in a timely manner, political brinkmanship and reduced financing flexibility could increase the risk of a U.S. sovereign default,” the agency said. Source
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Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value.” He also said that he did not understand why its value is so high. Taking a Step Back Foreign
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Changpeng Zhao stated that the crypto platform was already limiting leverage for its new users to 20 times.In reaction to an article by the New York Times, two leading crypto exchanges, FTX and Binance, have announced that they would be cutting the amount of maximum leverage their users can use
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Binance, the world’s largest cryptocurrency exchange, continues adopting new leverage trading restrictions on its futures platform in a move to expand consumer protection.After introducing a 20x leverage limit for new users on July 19, Binance Futures is preparing to apply the same limit for existing users soon, Binance CEO Changpeng
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