Major Malaysian financial firm to invest in regulated crypto exchange
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets. Go to Source Powered by WPeMatico
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Bullish $10K Ethereum call options excite traders but there’s a catch
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level? Go to Source Powered by WPeMatico
PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses $90M
PancakeSwap’s DEX volume has grown by 350% in six weeks, causing its CAKE token rally 444% and the platform appears on track for even larger gains. Go to Source Powered by WPeMatico
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. Banks Taking Immediate Action Immediately following the letter’s publication, some banks and other financial … Read more
Record $6.5B futures open interest signals traders are bullish on Ethereum
The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage. Go to Source Powered by WPeMatico
Coinbase outage caused crypto purchase issues, not an intentional ban
Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties. Go to Source Powered by WPeMatico
Here’s why Bitcoin price is struggling to reclaim $38,000
Bitcoin price may have flipped $35,000 back to support but data shows this week’s 15% move may have prompted top traders to open short positions. Go to Source Powered by WPeMatico
Exchange temporarily halts Ether withdrawals as gas fees hit new highs
Average gas fees hit a new all-time high of $17.5 per transaction on Feb. 3, triggering some exchanges to halt Ether and ERC-20 withdrawals. Go to Source Powered by WPeMatico
Finance giant SBI expands cryptocurrency lending service to XRP
After launching its crypto lending service in late 2020, SBI has now added support for XRP. Go to Source Powered by WPeMatico
Uphold to launch crypto cards in Europe with new acquisition
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Go to Source Powered by WPeMatico