Cryptocurrency Analysis and News Portal
Bitcoin is trading nicely above the $9,100 and $9,200 support levels against the US Dollar. BTC is forming a crucial breakout pattern and it must break $9,400 for a sustained upward move. Bitcoin is trading above the key $9,120 support level and the 100 simple moving average (4-hours). The price is facing
Read More
For ages, humans have relied on the simple concept of ‘trading’ to get around. In fact, trading is the central idea behind every economic society and financial institution in the world. It essentially is the exchange of goods and/or services between two or more entities. People and businesses have created
Read More
Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE).According to an announcement shared with Cryptox on July 9, OKEx announced that leveraged spot trading, perpetual swap contract trading, and saving features will launch tomorrow for the meme-based cryptocurrency, Dogecoin.OKEx did not answer Cryptox’s inquiry by
Read More
In a landmark announcement, Securities Commission Malaysia’s Shariah Advisory Council declared that digital assets trading was permissible.The Malaysian Shariah Advisory Council is the authority that oversees the implementation of Islamic laws in the operation of Islamic Financial Institutions.Securities Commission chairman Datuk Syed Zaid Albar made the announcement during an online
Read More
Singaporean crypto derivatives exchange Bybit has announced that it will soon launch a bi-annual trading competition with a 200 BTC ($1.8 million) prize pool. Dubbed the “World Series of Trading” or WSOT, the contest lays claim to being the world’s largest cryptocurrency trading competition. The inaugural event will take place
Read More
In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between cryptocurrencies and the long-awaited promised land of regulatory clarity.Securities regulation and the CFTC’s purviewTarbert was careful to outline the distinction between
Read More
Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin.The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is registered with the Securities and Exchange Commission and is 80% made up of U.S. Treasury
Read More
Digitex Futures, the commission-free bitcoin futures exchange platform by Digitex Ltd is on its way to achieving a significant milestone by listing its native DGTX exchange token on KuCoin. According to the recent announcement, DGTX/BTC and DGTX/ETC trading pairs will be available on IDG Ventures backed KuCoin global exchange from
Read More
U.K.-based cryptocurrency trading firm GPay Ltd has been wound up by the High Court ‘in the public interest,’ according to a recent
Read More
After the largest options expiry in history, bitcoin ended its fifth week of bouncing around the $9,000s price range. Bitcoin (BTC) was trading around $9,180 as of 20:00 UTC (4 p.m. ET), slipping almost 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday ET), bitcoin was changing
Read More