Cryptocurrency Analysis and News Portal
In a massive crackdown on fraud and money-laundering, Hong Kong has announced a ban on the retail trading of digital currencies, and will now for all
Read More
European Central Bank President Christine Lagarde Sunday announced an ECB survey of public opinion regarding the issuance of a digital euro, implying the central bank is considering a retail central bank digital currency (CBDC), not just one intended for use between banks, which would represent a much more profound change
Read More
Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross Domestic Product (GDP) of the United Kingdom.Ant Group, a company that is in charge of the biggest payment platform in China records a mad
Read More
Coinbase is launching its Visa debit card in the U.S. early next year.The card will be available in all states except Hawaii and comes with a new rewards feature – 4% back in stellar or 1% back in bitcoin.Coinbase Card has been active in the U.K. and European Union since April
Read More
The Financial Conduct Authority (FCA) has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of crypto assets to retail consumers.The U.K. financial regulator said it considers these products to be ill-suited for retail consumers due to the harm they pose, asserting
Read MoreCrypto prices may still be weighed down by a difficult global economic atmosphere, according to Joel Birch, co-founder of automated crypto investing platform Stacked. "I don't necessarily think that 2020 is going to be the year of some type of major retail bull run, largely due to the fact that the
Read More
Blockchain investment firm Digital Currency Group (DCG) has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers spanning over 40 countries. Luno will continue to operate as an independent, wholly-owned subsidiary of DCG, the companies said. The financial terms of the acquisition were not disclosed in an announcement Wednesday. The
Read More
Decentralized finance (DeFi) has exploded in 2020, but retail interest in the space remains quite low, if measured by Google search queries. These suggest it may still be too early to draw parallels between DeFi’s growth and the initial coin offering (ICO) bubble of the final months of 2017 and
Read More
Three trading platforms focused on the retail market have participated in the $4.75 million Series C for a crypto settlement service. Source
Read More
Money market fund balances declined for the third month in a row. Investors are putting extra cash to work in stocks. Retail traders may have gotten the Fed to keep the party going. After hitting a record of $4.8 trillion following the market’s biggest panic in over a decade, money market funds are
Read More