Cryptocurrency Analysis and News Portal
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
Read More
Centralized exchanges (CEXs) have created opportunities for users to trade, buy and sell digital assets, but there are still thousands of tokens on a variety of blockchains that cannot be used as margin for hedging, trading or speculation.Moreover, leveraged trading on existing permissioned CEXs has substantial barriers to entry and
Read More
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.The finance minister of India announced a 30% tax on crypto holdings during the budget session on Feb. 1,
Read More
Zcash, one of the first privacy-focused cryptocurrencies, saw its ZEC token post gains in Asian trading as the protocol’s shift toward proof-of-stake and compliance directives won more support from market participants.Zcash cleared the $100 mark, rising as much as 6% over 24 hours and 12% so far this week, according
Read More
Founded in 2017, the Aurox trading terminal was launched in September 2020 and has gathered some 60,000 users to date, all done on an entirely self-funded basis, eschewing VC involvement, Khazaradze added. Neither has the platform completed any pre-sales of the Aurox token (URUS), launched in February 2021. Source
Read More
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has warned that plans by the agency to reform government securities trading could threaten decentralized finance (DeFi).Affectionately referred to as "Crypto Mom" for her longstanding support for the industry, Peirce believes a new SEC 654-page plan designed to add oversight to
Read More
At the time of publication, the oldest cryptocurrency is changing hands at over $38,100, up slightly over the past 24 hours, according to CryptoX data. Ether, the second biggest cryptocurrency by market capitalization, was trading over $2,600 up slightly over the same period. Source
Read More
LooksRare made its debut on Jan.10 and the recently launched NFT marketplace has drawn a lot of attention, not only because its daily trade volumes were more than double Opensea’s on the second day of trading, but also because it has become the new playground for wash traders.Wash trading is
Read More
BTCWith an increase in the number of retail investors dabbling in derivatives trading and investors hopping into decentralized exchanges (DEXs) due to regulations in the United States and China, there has been a rise in users utilizing derivatives DEXs, with Bitcoin (BTC) whales moving into derivatives and an increase in
Read More
Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.” Robinhood’s Crypto
Read More