Cryptocurrency Analysis and News Portal
According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality
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"Basically, we're trying to get people away from custodial exchanges," said ShapeShift CEO Erik Voorhees. Original Source
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Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum.
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The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms. Source
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Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which
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Ripple price is currently correcting higher and is trading above $0.2520 against the US dollar.The price seems to be approaching a major resistance area near the $0.2600 level.This week’s crucial bearish trend line is intact with resistance near $0.2600 on the hourly chart of the XRP/USD pair (data source from
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The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis. Source
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China appears set to crack down on crypto trading again after President Xi Jinping's praise for blockchain tech revived speculation in the sector. Source
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Ethereum price is struggling to climb higher above the $188 resistance against the US Dollar.The price is currently trading near the $182 support area, which holds the key.There is a key bearish trend line forming with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is
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Crypto.com, a Hong Kong-based cryptocurrency service provider that offers users lending services, crypto payments through Visa debit card services and more, has announced the launch of its cryptocurrency exchange. The firm says the new crypto trading venue will be initially available to only its retail and institutional customers via its
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