Crypto Related Stocks in Asia See Volatile Trading Amid Bitcoin Recovery
Traditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week. Original Source
Read MoreTraditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week. Original Source
Read MoreWarren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now
Read MoreThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms “commingling” services. SEC Chair Gensler on Crypto Exchanges Trading Against Customers SEC Chairman Gary Gensler said in
Read MoreBuilt on Nasdaq's trading technology, the platform will allow users to buy bitcoin and ether. Source
Read MoreIn December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil's most valuable companies, though its market cap has since fallen to around $17.4 billion. As of February, Berkshire Hathaway owned about $1 billion worth of shares in the company, despite CEO Warren
Read MoreBitcoin was down over 3.5% throughout the trading day in Asia, briefly touching the $30,230 mark, according to the CoinDesk price index, as the Luna Foundation Guard (LFG) moves the entirety of its reserves to bitcoin exchanges to defend UST’s peg. Source
Read MoreU.S. crypto exchange Coinbase posted trading volumes of $TK billion. Source
Read MoreHyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on
Read MoreCrypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors. Source
Read MoreSecurity breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges is also a factor for price dips.Rufas Kamau, research and markets analyst at Scope Markets Kenya, explained his thoughts on how keeping BTC on an
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