crypto trading

Circle (CRYPTO: USDC) CEO and co-founder Jeremy Allaire expressed his positive outlook towards the growth of Web3 in Hong Kong and the chances of mainland China's opening up to cryptocurrencies. "The reality is that every other major financial market in the world is also embracing digital...

The fate of Bitcoin (CRYPTO: BTC) appears to be disengaging from the mood swings of the U.S. stock markets. The 90-day rolling correlation between the fluctuations in Bitcoin's spot price and the changes in the Nasdaq and S&P 500, two key U.S. equity indices, has dropped to nearly zero....

Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...

The Monetary Authority of Singapore (MAS) has announced new requirements for Digital Payment Token (DPT) service providers to safe keep customer assets under a statutory trust by the end of the year. This move aims to mitigate the risk of loss or misuse of customers' assets and facilitate the...

Bitcoin (CRYPTO: BTC), the world's largest digital currency with a market cap of more than $592 billion, has seen a remarkable rise in popularity and value among financial institutions. According to crypto purchasing platform Swan Bitcoin, institutional investors have been feeling the FOMO, or...

Crypto exchange KuCoin on Wednesday announced that it will be implementing an upgrade to its Know Your Customer (KYC) authentication protocols that seek to embrace global compliance standards, foster a more secure trading environment, and enhance the security measures for user accounts. As of...

Bitcoin (CRYPTO: BTC) miners have transferred over a billion dollars worth of Bitcoin to cryptocurrency exchanges in the past two weeks, apparently not for selling the tokens. The information on this massive transfer was revealed through a series of tweets from CryptoQuant, which shed light on the...

Bybit has secured a license to operate a crypto exchange and provide custody services in Cyprus. The license, granted by Cyprus's regulatory authorities, enables Bybit to provide trading between crypto pairs and fiat currency pairs, along with financial services related to crypto assets, and...

An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million and yielded a minuscule net profit of $3.24. Flash loans are essentially loans without...

Hong Kong's Securities and Futures Commission (SFC) has announced that it will start accepting applications for crypto trading platform licenses beginning June 1. The SFC's new guidelines aim to regulate the crypto industry and protect retail investors. According to the guidelines, licensed...

Digital asset investment products have witnessed a net outflow of $32 million in the past week, marking the fifth week in a row of this downward trend, with the total over this period amounting to $232 million (0.7% of total assets under management), according to a report. In its digital asset fund...

Duncan Trenholme, co-head of digital assets at TP ICAP, the largest interdealer-broker worldwide, says that the crypto industry can garner insights from traditional finance to enhance conflict-of-interest mitigation and the protection of customer funds. He believes that these crucial areas have...

Crypto-focused Hashkey Group is reportedly in the preliminary stage of discussions to gather a funding round that could elevate its valuation above $1 billion. This move comes as the Hong Kong-based company aims to capitalize on the city's drive towards digital asset development. Quoting...

Pakistan's official approach towards cryptocurrencies is becoming increasingly strict, despite the continued enthusiasm from its citizens who seek a hedge against the depreciating national currency amid the country's volatile political climate. During a meeting with the Senate Standing...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has decided to broaden the reach of its subscription-based product, Coinbase One, to encompass the United Kingdom, Germany, and Ireland. In an emailed statement to Benzinga, the company said that the product, priced at a...