What short squeeze? Here’s what is really behind XRP’s recent 170% rally
These key metrics show there’s more to the recent Dogecoin and XRP pumps than just short-seller liquidations. Go to Source Powered by WPeMatico
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Former Bank of China exec joins BitMEX operator as non-executive board director
Once reportedly the highest-paid executive at the Bank of China, Wai Kin Chim has joined BitMEX’s parent firm as an independent non-executive board director. Go to Source Powered by WPeMatico
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
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