“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi. Singapore-based crypto lending platform Hodlnaut will partner with United States crypto exchange Okcoin in an effort to drive adoption and crypto transactions among users. In a Wednesday announcement, Hodlnaut…
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Despite Bitcoin struggling mightily over the last week or so, a price target of $100,000 looks quite realistic for the digital asset. After scaling up to a relative high of around $53,000 just over two weeks ago, it seemed as though Bitcoin (BTC) was well on its way to reclaiming its former all-time highs. However,…
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“Under our laws, they have to register with the Commission unless they qualify for an exemption,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure thinvestors are protected. In a prepared statement for his…
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An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high. Nonfungible tokens (NFTs) and play-to-earn gaming are two of the hottest trends in the crypto sector because each presents new avenues for attracting users and the unique character of each niche allows participants to generate wealth…
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CrossTower is betting on the growing crypto market in India despite uncertainty over the legal status of Bitcoin in the country. United States-based cryptocurrency exchange CrossTower is expanding operations to India despite the ongoing legal uncertainty over local crypto regulation. CrossTower has set up a local division in India and launched a cryptocurrency trading platform…
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One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so…
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Crypto derivatives markets are growing in popularity as traders seek strategic, short-term exposure to digital assets. Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put…
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Increased interoperability between blockchain networks and the release of Overledger 2.0.5 are just a few of the reasons for QNT’s 200% rally in August. Interoperability between blockchain networks has emerged as one of the most important concepts in the cryptocurrency ecosystem due to the fact that users are looking for the most cost-effective ways to…
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Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000. Traders were caught flat-footed on Sep. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. …
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The chair of the United Kingdom’s Financial Conduct Authority has warned that over-extending the reach of regulators could backfire in the case of some cryptocurrency tokens. Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the United Kingdom’s Financial Conduct…
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