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Alongside Market Relief Package, US CFTC Warns of COVID-19-Linked Crypto Scams

United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the widespread coronavirus fears.In a statement issued on March 19, the CFTC highlighted that fraudsters commonly use major news events like

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Bitcoin Rebounds From Market’s Worst Day in 5 Months; Big Relief Rally Ahead?

Bitcoin bounced after Sunday’s steep declines, which had seen the cryptocurrency logging its worst daily performance since September 2019.The bitcoin-to-dollar exchange rate on Tuesday jumped 2.21 percent to establish a new intraday high at circa $8,094. The pair’s rebound, which appeared almost like a “dead cat bounce,” raised hopes for

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KuCoin’s USD 50M FCoin Market Maker Support to Provide Some Relief to the Affected

The reputed cryptocurrency trading and exchange platform, KuCoin has emerged as the champion of market makers on the now troubled FCoin crypto platform by launching the Market Maker Support Program.  The program that went live today is slated to benefit the affected FCoin market makers in two different ways.The Chinese

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Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

ViewBitcoin is struggling to draw bids despite a confirmed "golden cross" pattern on the daily chart. That, coupled with bearish short duration indicators, suggests scope for a convincing break below the 2020 rising trendline currently near $9,700. That would expose the next support at $9,200.The bearish case would weaken if

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Paxos Launches Settlement Platform for Equity Securities After SEC Relief

Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities.In an Oct. 28 press release, digital asset trust company Paxos stated that it is moving forward with the launch of its blockchain-based settlement platform, having received

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Binance Charity Accepts Cryptocurrency Donations for Hurricane Relief

Binance Charity, the philanthropic wing of major cryptocurrency exchange Binance, has begun a campaign to help support victims of Hurricane Dorian.On Sept. 5, Binance Charity started accepting cryptocurrency donations for a campaign that will help provide food and aid for hurricane victims through local organizations in affected areas.On the

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