FTX Token (FTT) rallies 105% as interest in derivatives trading grows
In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit’s open interest, but is there room for further upside? Go to Source Powered by WPeMatico
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Robinhood ordeal shows broken system and importance of regulation, crypto industry execs say
Richard Byworth of EQUOS and Aleks Svetski of Amber share their thoughts on Robinhood’s suspension of GameStop stock buys. Go to Source Powered by WPeMatico
Bitcoin price returns to troubled waters hours after Elon Musk’s BTC tweet
Bitcoin’s current volatility reflects traders’ excitement as the price bounces between key support and resistance levels. Go to Source Powered by WPeMatico
Coinbase comes back online following issues
Coinbase users were reporting issues with certain purchases, though normal function has now seemingly returned. Go to Source Powered by WPeMatico
FTX created a Wall Street Bets index including GME, DOGE and others
The FTX crypto exchange’s new index is called the Wall Street Bets Index. Go to Source Powered by WPeMatico
Dogecoin withdrawals get complicated during parabolic price increase
Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. Go to Source Powered by WPeMatico
Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues Additional KYC Rules Lack ‘a Proper Legal Basis’ Per the bitcoin … Read more
Stablecoin holdings on crypto exchanges hit a new all-time high
Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets. Go to Source Powered by WPeMatico
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the … Read more
Coinbase unveils plans for direct stock listing
The San Francisco-based digital currency exchange plans to go public later this year. Go to Source Powered by WPeMatico