Cryptocoins News / Finance Magnates - 5 months ago
Digital
asset infrastructure provider BitGo has elevated Brett Reeves to Head of
European Sales while maintaining his existing role as Head of Go Network. His
over two decades of experience at leading investment banks in London's City is
expected to...
Cryptocoins News / Finance Magnates - 5 months ago
Deribit, a major venue for trading cryptocurrency options, is reviewing offers from potential acquirers, according to a Bloomberg report. The American crypto giant Kraken expressed interest in acquiring the options trading platform but did not procee...
Cryptocoins News / Finance Magnates - 5 months ago
Dogecoin (DOGE) made an impressive recovery today,
becoming the fastest-growing cryptocurrency among the top 10 cryptocurrencies
by market capitalization. The popular meme coin surged over 10%, rising from
$0.3254 to a high of $0.361.This remarkable...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin's
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level....
Cryptocoins News / Finance Magnates - 5 months ago
Crypto
exchange and digital asset trading platform Gate.io reported a total trading
volume of $3.8 trillion in 2024, representing a 120% increase from the previous
year, while its registered users exceeded 20 million.Gate.io Reports Record
$3.8 Trill...
Cryptocoins News / Finance Magnates - 5 months ago
A Florida
federal court has ordered Mosaic Exchange Ltd and its CEO Sean Michael to pay
over $1.1 million in penalties and restitution for operating a fraudulent
digital asset trading scheme that targeted investors across multiple countries.CFTC Secu...
Cryptocoins News / Finance Magnates - 5 months ago
A federal appeals court has ruled in favor of Coinbase, delivering a blow to the Securities and Exchange Commission (SEC) over its refusal to establish clear regulations for cryptocurrency.According to the ruling issued today (Monday), Judges critici...
Cryptocoins News / Finance Magnates - 5 months ago
Ethereum's price has been in a slump recently, slipping more than 15% in the past week amid bearish momentum in the overall crypto space. Ethereum's current struggles are mainly driven by a return to inflationary supply levels. Since April 2024, the...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin is facing a downward trend of lower highs and
lower lows, with both technical and fundamental analyses showing a bearish
momentum. At the time of publication, the price on CoinMarketCap was 90,567,
representing a 3% and 8% decline in the past...
Cryptocoins News / Finance Magnates - 5 months ago
The
cryptocurrency market witnessed extraordinary trading activity in December
2024, with total spot trading volume across major exchanges reaching $2.14
trillion, marking an 8% increase from November's $1.99 trillion and a
staggering 142% year-over-...
Cryptocoins News / Finance Magnates - 5 months ago
The authorities in Singapore have labelled Polymarket as an “illegal gambling site” and blocked it within the city-state. Now, Singaporeans attempting to visit the crypto-betting platform are shown a notice from the country’s Gambling Regulatory Auth...
Cryptocoins News / Finance Magnates - 5 months ago
Kenya is turning the page on its restrictive
cryptocurrency policies with plans to legalize virtual assets. The Treasury
Cabinet Secretary, John Mbadi, announced the move today (Friday) in what could
mark a shift in the East African country’s financi...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin has
experienced a significant decline this week, with the cryptocurrency dropping
from its recent high above $100,000 to around $91,200. This sharp downturn has
sent ripples through the entire crypto market, triggering substantial
liquidation...
Cryptocoins News / Finance Magnates - 5 months ago
The UK Treasury has introduced an amendment to the Financial
Services and Markets Act 2000 (FSMA), set to take effect on January 31, 2025.
This change distinctly separates blockchain validation activities, such as
cryptocurrency staking, from collect...
Cryptocoins News / Finance Magnates - 5 months ago
ADA is nearing the $0.8455 support level, which, if
breached, could lead to further downward momentum. Cardano (ADA) is experiencing a resurgence, with its
price climbing over 9.5% in the past 24 hours. After hitting a low of $0.8873
on January 9, th...
Cryptocoins News / Finance Magnates - 5 months ago
Ripple, a San Francisco-based blockchain company, recently
transferred $682 million worth of XRP to an unknown wallet, according to data
from Whale Alert, a service that tracks large cryptocurrency transactions.Meanwhile, XRPUSD has been moving upwar...
Cryptocoins News / Finance Magnates - 5 months ago
The
cryptocurrency over-the-counter (OTC) market experienced unprecedented growth
in 2024, with trading volumes more than doubling amid strong institutional
adoption and favorable market conditions. Total OTC
trading volume surged 106% year-over-year...
Cryptocoins News / Finance Magnates - 5 months ago
XRP, the cryptocurrency supporting the Ripple blockchain, might experience bearish momentum as funding rates have turned negative on multiple derivatives exchanges today (Friday). Although the rates shifted into the positive region on many exchanges,...
Cryptocoins News / Finance Magnates - 5 months ago
Kraken has announced a new initiative for clients receiving
funds from FTX on its platform. These clients will be eligible for fee credits,
allowing them to trade up to $50,000 in cryptocurrency without incurring
trading fees.Kraken Partners to Distr...
Cryptocoins News / Finance Magnates - 5 months ago
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart
Alderoty attended a private dinner with President-elect Donald Trump on January
6. Garlinghouse shared details of the dinner on social media, describing it as
a “great dinner” and a “strong...
Cryptocoins News / Finance Magnates - 5 months ago
Standard
Chartered has obtained regulatory approval in Luxembourg to provide digital
asset custody services, establishing a foothold in the European Union as the
region implements its Markets in Crypto Assets (MiCA) regulation. Standard Chartered Win...
Cryptocoins News / Finance Magnates - 5 months ago
Backpack Exchange responded to FTX's claims hours after the bankrupt exchange called the acquisition of its Cyprus entity unauthorised. The latest press release from Backpack emphasised that it has already purchased FTX EU from former insiders, with...
Cryptocoins News / Finance Magnates - 5 months ago
The bankrupt cryptocurrency exchange FTX clarified today (Thursday) that Backpack's “purported” acquisition of its Cyprus division had not been approved by the court, nor had Backpack been authorized to distribute funds to FTX customers.Further, the...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin's dramatic two-day plunge has rattled the
crypto market, erasing nearly all of its early 2025 gains and sparking a fresh
wave of investor anxiety. Amid fears of rising inflation, surging bond yields,
and potential US tariff policies under the...
Cryptocoins News / Finance Magnates - 5 months ago
Revolut has partnered with Pyth Network to contribute its
price data to the decentralized finance (DeFi) ecosystem. This collaboration
allows Revolut to serve as a data publisher for Pyth, providing trusted price
information to market participants.Re...