Cryptocurrency Exchange

The best traders know how to identify important price levels. These are called support and resistance levels. A common market dynamic is levels of support converting into resistance and levels of resistance turning into support. As you can see on the chart, the $203 level has been both support and...

A California judge has ruled that the lawsuit filed by the Gary Gensler-led Securities and Exchange Commission against cryptocurrency exchange Kraken will proceed to trial, paving way for another high-voltage legal battle between the regulator and a high-profile blockchain-based company. What...

The trustee of Mt. Gox, the defunct Japanese crypto exchange that collapsed a decade ago, announced Friday that the company has started issuing payments in Bitcoin (CRYPTO: BTC) and Bitcoin Cash (CRYPTO: BCH) to some of its creditors. Additional repayments to other users of the compromised exchange...

Kraken, a leading cryptocurrency exchange, announced its decision to delist the privacy coin Monero (CRYPTO: XMR) for its customers in Ireland and Belgium. What Happened: Kraken will cease all XMR trading and deposits starting May 10, an official press release stated. The exchange has advised its...

A tag named ‘U.S. Government’ on the Arkham blockchain platform transferred a significant amount of Bitcoin on Tuesday, April 2. What Happened: A wallet that’s associated with the government sent 30,175 Bitcoin (CRYPTO: BTC), valued at roughly $2 billion based on current prices,...

FTX, a bankrupt cryptocurrency exchange, will sell a significant portion of its 8% holding in the artificial intelligence startup Anthropic. What Happened: Official court filings on Friday, revealed that the FTX has finalized a deal with institutional investors to sell 67% of its total 8% share in...

Diamond Standard Co. has introduced a new system for international money transfer - Carats. Unlike traditional cryptocurrencies or fiat currencies, the new digital commodity currency, Carats, is backed by physical diamonds held in Brinks vaults. This innovation allows users to send and receive...

Gemini, a prominent cryptocurrency exchange, has agreed to reimburse at least $1.1 billion to customers of its defunct lending program. The company will also pay a $37 million fine as part of a settlement with the New York Department of Financial Services (NYDFS). What Happened: The settlement,...

A new online service, OnlyFake, reportedly utilizing advanced artificial intelligence (AI) technologies, was successful creating counterfeit driver's licenses and passports. These fake IDs were used to pass Know Your Customer (KYC) checks on several cryptocurrency exchanges, raising...

Grayscale CEO Michael Sonnenshein on Tuesday made a public call for the approval of spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) options, emphasizing the importance of developing a robust market for these options. What Happened: In a post shared on X, formerly Twitter, ...

Coinbase Global Inc. (NASDAQ: COIN) on Monday submitted a petition to a federal appeals court, challenging a decision made by the U.S. Securities and Exchange Commission (SEC). The SEC had rejected Coinbase's appeal for the establishment of new regulations tailored to the digital asset industry...

Portuguese professional soccer star Cristiano Ronaldo has been named in a class-action lawsuit filed in a United States district court in Florida, that centers around his involvement in promoting the cryptocurrency exchange Binance (CRYPTO: BNB). The suit, filed on Nov. 27, 2023, stated...

Cryptocurrency platform Zipmex is offering to compensate its creditors as part of its recent restructuring effort. As for what the compensation rate will be remains uncertain. What Happened: The Singapore-based company is proposing 3.35 cents per dollar, but the rate might increase to 29.35 cents...

Decentralized trading platforms Velodrome and Aerodrome have alerted users about security breaches. What Happened: Both exchanges issued warnings Wednesday, urging users to refrain from using either website "for the time being." "Our front end is currently compromised,"...

The Philippines' Securities and Exchange Commission (SEC) has initiated steps to restrict access to Binance. The latest advisory follows recent legal developments involving the crypto exchange's former CEO, Changpeng Zhao. The Philippine's SEC warned the public that Binance is not...