Tag: cryptocurrency exchange

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Argentina’s Ripio acquires Brazil’s second-largest crypto exchange

Argentinian crypto firm Ripio has acquired Brazil’s BitcoinTrade, Brazil’s second-largest exchange by volume. Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade. According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country…
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5 reasons why Bitcoin price just reclaimed $33,000

Despite this week’s sharp Bitcoin price correction, BTC derivatives data and dip-buying bulls show the current rally remains intact. Two weeks ago, few investors would have expected Bitcoin (BTC) price to rally any higher than $20,000. In fact, most had forecast a $30,000 BTC price by mid-2022 or late 2023 at best.  This means that many…
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Bitcoin could hit $146K long-term by ‘crowding out gold,’ says JPMorgan

Strategists at the American megabank believe the cryptocurrency has a chance to hit $146,000 in future years if it can evolve into a compelling alternative to gold. Drawing parallels between Bitcoin (BTC) and gold’s role as a hedge for investors has been popular for years. Until now, the stark discrepancy in the total market capitalizations…
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5 factors show bulls control Ethereum price even after a 26% correction

Multiple data points show investors are strongly bullish on Ethereum price even after today’s sharp rejection at $1,160. On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following four hours. What is clear is that investors are anxiously awaiting the CME’s ETH futures launch, which is…
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A crypto New Year’s resolution: Modernize security infrastructure

In 2021 and in the years to come, the digital-asset space must take steps to identify and implement solutions for its security. It’s safe to say that 2020 has been a banner year for the digital-asset space. Bitcoin (BTC) soared past its previous high, and many other prominent cryptocurrencies reached their highest levels since the…
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4 reasons why Ethereum options traders expect ETH price to reach $880

Ethereum options data show traders anticipate a continued surge to $880 over the next four weeks. Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth…
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NY Times report alleges history of pay discrimination at Coinbase

“The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole,” wrote the New York Times. San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race.  According to a report from The New York Times journalist Nathaniel…
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Crypto-friendly trading firm eToro rumored to be prepping for 2021 IPO

eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange’s “Elite” program to prepare for an initial public offering. “EToro does not comment on…
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Exmo hackers withdraw part of stolen funds via Poloniex, exchange confirms

About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts. Hacked cryptocurrency exchange Exmo is not able to recover a large amount of stolen funds as hackers withdrew millions of dollars in crypto through the Poloniex crypto exchange. On Dec. 21, Exmo announced a…
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Coinbase IPO to further legitimize crypto, but limitations remain

“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges…
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