Cryptocurrency Analysis and News Portal
Crypto traders' urge to create leverage positions with Bitcoin (BTC) appears irresistible to many people, but it's impossible to know if these traders are extreme risk-takers or savvy market makers hedging their positions. The need to maintain hedges holds even if traders rely on leverage merely to reduce their counterparty
Read More
The regulator has maintained a steady stream of crypto cases over the past couple of years, but recent weeks saw a spate of enforcement actions and accusations that could form the basis of a kind of shadow rule for digital assets in the absence of formal cryptocurrency policy the industry
Read More
This week, Glenn Williams Jr. argues that decentralized exchanges (DEXes) have an intriguing road ahead amid the wreckage of FTX. Then, Kelly Chambers of THEIA8900 notes the digital-asset myopia among financial advisers focused on bitcoin (BTC) and Ethereum’s ETH. Source
Read More
The number of sales on Blur for the week ending on Feb. 6 stood at 20,603, roughly 9% of OpenSea’s total number of sales, which sits around 228,000, according to Nansen data. And when looking at the number of wallets interacting with the two NFT marketplaces, a similar trend emerges:
Read More
Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s Bank of China (PBoC) also announced that it
Read More
Binance has joined the Chamber of Digital Commerce, a United States crypto industry lobbying group, according to a Dec. 20 press release from the exchange. The move comes after Binance has been criticized for allegedly being unregulated.Binance’s vice president of public affairs Joanne Kubba expressed hope that the partnership would
Read More
Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production.Crypto mining companies Marathon Digital Holdings at 124.12%, Core Scientific at 110.39%, Hut 8 at 98.95% and Riot Blockchain
Read More
The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. The institution managed to seize more than 1,200 digital wallets of taxpayers that had debts and didn’t have a bank account, or other properties available to be collected by the courts.
Read More
On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions.As reported by local news outlet Money Today
Read More
With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part in this growing market.Set to take place in June, the Blockchain and Cryptocurrency Awareness Tour (BCAT) is a
Read More