Category: Trading

Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive Outages Since the Beginning of 2021 According to Bangkok […]

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Leading Crypto Derivatives Exchange Bit.com Set to Launch Bitcoin Cash Options

Leading Crypto Derivatives Exchange Bit.com Set to Launch Bitcoin Cash Options

On January 21, the derivatives exchange by Matrixport, Bit.com, announced the launch of the first bitcoin cash perpetual swaps and options. The exchange says before the product launch there was no options market for bitcoin cash and the firm believes there’s room for improvement in this arena of crypto derivatives. Bit.com to Launch Crypto Economy’s […]

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Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021

Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021

Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China […]

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Crypto market maker Wintermute raises $20 million from Pantera Capital, Fidelity’s Avon

Crypto market maker Wintermute raises $20 million from Pantera Capital, Fidelity’s Avon

Cryptocurrency market maker Wintermute has raised $20 million in a Series B funding round to expand into new businesses and geographies. The round was backed by Pantera Capital, Fidelity’s Avon Ventures, and Sino Global Capital, among others. Existing investors Blockchain.com Ventures and Lightspeed Venture Partners also participated in the round.  In a note to The […]

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Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method of investing called dollar-cost averaging or DCA, a scheme that’s considered far […]

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While bitcoin was cratering over the weekend, institutions were buying

While bitcoin was cratering over the weekend, institutions were buying

Bitcoin is recouping losses clocked in over the weekend, which isn’t a surprise to market participants servicing institutional investors. At last check, bitcoin was trading up more than 9% at more than $37,000. That’s a far cry from the levels over the weekend, when a wave of long liquidations of leveraged retail trades sent the […]

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Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of […]

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$2.9 billion: Bitcoin liquidations kick up broader market headwinds

$2.9 billion: Bitcoin liquidations kick up broader market headwinds

Bitcoin’s historic rise came to a halt over the weekend — but the industry’s largest trading desks aren’t too concerned.  After soaring to all-time highs near $42,000, the price of bitcoin briefly dropped below $31,000 on Monday in a move that market-making executives say was driven by a flurry of liquidations. Coinbase saw a low […]

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Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. Cryptocurrencies across the world have seen […]

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BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’

BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’

The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. This post has been updated at 1: 50 p.m. (EST) to reflect the […]

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