Category: Trading

Bank of Korea to Monitor Crypto Transactions Using Financial Records

Bank of Korea to Monitor Crypto Transactions Using Financial Records

South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. South Korean Central Bank to Intensify Screening of Crypto-Related […]

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Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders

The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned, although spending crypto on imports through approved banks and exchanges remains […]

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Robinhood CEO holds up crypto exchanges as model for faster stock settlement

During a webinar on Tuesday, the CEOs of  Robinhood and Paxos juggled ideas for speeding up stock settlement times. Robinhood’s Vlad Tenev has been in the public spotlight since wild volatility in meme-driven stocks like GameStop and AMC pushed the popular stock trading app into the public eye earlier this year. At the time, he […]

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Brian Brooks plots ambitious path to take Binance.US out of Asian crypto giant’s shadow

Quick Take Brian Brooks — former head of the Office of the Comptroller of the Currency and chief compliance officer of Coinbase — is joining crypto exchange Binance.US as CEO. The former regulator spoke with The Block about the major hurdles facing his new firm and how he plans to overcome them. This feature story […]

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South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike

During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone, in South Korea, the premium on bitcoin climbed 4.56% higher than […]

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Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs

On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume during the last week. Meanwhile, the dex Pancakeswap, an […]

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Shorting for the Brave

Hedge funds avoid highly public shorts on equities for fear of raising the ire of the Reddit brigade, which punished short sellers in GameStop (+6.26%) Asian regulators and exchange operators may take advantage of the opportunity to adopt a more liberal approach to SPACs to entice capital across the Pacific After the beating that hedge funds […]

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Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. […]

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DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

This week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0.143 per unit on Wednesday and has spiked more than 104% during the last week. Meanwhile, the billionaire investor and television personality, Mark Cuban, […]

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Coinbase’s first day on Nasdaq ends with an $85.7 billion valuation

Crypto exchange Coinbase has reached the end of its first day of public trading. The firm’s stock closed out Wednesday’s trading session at a price of $328.28 following its direct listing on Nasdaq. Accounting for the fully diluted capitalization of 261.3 million shares of common stock, that pegs Coinbase’s end-of-day valuation at approximately $85.7 billion. […]

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