Category: Trading

Hedge fund Millennium reminds employees to report crypto holdings

Hedge fund Millennium reminds employees to report crypto holdings

Millennium Management, a New York-based hedge fund managing over $57 billion in assets, recently instructed its staff to disclose any personal crypto trading to the firm’s compliance team. The move is the latest indication of crypto become both a topic — and investment — of interest among Wall Street’s largest titans. A source familiar with […]

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Court Ruling Threatens 17 Crypto Exchanges in Russia

Court Ruling Threatens 17 Crypto Exchanges in Russia

Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down Blacklisted Crypto Exchanges A number of websites providing options to exchange, cash […]

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Binance shuts down derivatives trading in South Africa

Binance shuts down derivatives trading in South Africa

Global crypto exchange Binance is cutting down its crypto trading offerings in South Africa. On October 8, Binance published a blog post announcing the immediate end to futures, options, margin and leveraged trading for users in South Africa. Users with open positions will have until January 6 to close them. On the firm’s local Telegram […]

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CFTC charges 12 crypto options merchants with failure to register

CFTC charges 12 crypto options merchants with failure to register

The Commodity Futures Trading Commission is setting its sights on options trading firms that it says have failed to register. On September 29, the CFTC announced charges against 14 merchants, 12 of which offer binary options based on foreign currencies and cryptocurrencies. The CFTC alleges that the 14 have either failed to register or have […]

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To what extent are Bitcoin exchange flows, trading volumes, and price related? A historical view

To what extent are Bitcoin exchange flows, trading volumes, and price related? A historical view

Quick Take The net amount of Bitcoin flowing into exchanges was only weakly related to the amount of Bitcoin being traded The amount of Bitcoin being traded is predicted by its internal structure over time much better than are the net amount of Bitcoin flowing into exchanges Despite a clear relationship between Bitcoin trading volumes […]

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Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current score of +24% and even […]

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Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians […]

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Laos Authorizes Cryptocurrency Mining and Trading Activities

Laos Authorizes Cryptocurrency Mining and Trading Activities

Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining operations in the country, according to the office of […]

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