Bitcoin has been trapped in the doldrums as of late, but the currency is still on the radar of several institutional investors such as Ricardo Salinas Pliego, a Mexican billionaire who is working with his bank to become the first Mexican financial institution to accept the world’s number one digital […]
Sheer Markets, a recently established financial institution that offers live streaming of NDF CFDs and EM currencies, announced the launch of their MT5 WebTrader as an addition to their platform toolkit for their traders. This includes both the desktop version of MT4 and MT5 trading platforms on Windows and Mac, […]
Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, eToro CEO Yoni Assia said: “We are seeing a significant increase in the interest of […]
Small-scale hydroelectric plants in China are reportedly looking for new customers as crypto miners go abroad amid a nationwide crackdown on mining activity. According to the South China Morning Post (SCMP), advertisements for small-scale hydro plants with 50-megawatt capacity have surged on Chinese secondhand e-commerce platforms such as Xianyu. According […]
Deutsche Börse Group, a leading German marketplace organizer for the trading of shares and other securities, announced today that the Group has acquired a majority stake in Switzerland-based Crypto Finance AG. According to an official announcement, Deutsche Börse Group is planning to expand its presence in the crypto market through a […]
Despite their popularity and news coverage, mining for cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Filecoin (FIL), and Chia (CHIA) is fraught with problems for most people. The investment in equipment needed to start is a high barrier to entry. Also, a large amount of energy used is costly and environmentally […]
Major global interdealer broker TP ICAP is launching a cryptocurrency trading platform with Fidelity Investments and British banking giant Standard Chartered. TP ICAP’s upcoming crypto exchange is scheduled for launch in the second half of 2021 and will initially offer trading exclusively for Bitcoin (BTC), the world’s largest cryptocurrency, Reuters […]
It’s a positive day for Dogecoin price. The meme token is $0.257, up 4.29% in the last 24 hours. According to Coingecko, it is up 45.4% from the last 7 days. It has been gaining traction as the focus changes to the meme coin’s long-term viability and faster transaction times […]
Ethereum investment products have experienced a record outflow of $50 million this past week, signaling bearish sentiment among institutional investors. According to the CoinShares’ “Digital Asset Fund Flows Weekly” report, Ether products have now experienced outflows for three consecutive weeks, with $64.3 million leaving the sector since the week ending […]
Bitcoin (BTC) is attempting to stage a relief rally but analysts at JPMorgan Chase believe that the short-term setup looks challenging. However, the analysts also pointed out that the crypto markets had started a healing process. A sign of this ‘healing process’ was seen when the crypto markets did not […]
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