“Plagiarism” and “wash trading” issues forced NFT marketplace to suspend sales

“Plagiarism” and “wash trading” issues forced NFT marketplace to suspend sales

The foremost NFT platform, The Cent, has announced the suspension of sales of the blockchain-backed digital arts for the time being.  The decision to stop most of its transactions was made after... Read more »
Singaporean megabank DBS works on expanding Bitcoin trading to retail

Singaporean megabank DBS works on expanding Bitcoin trading to retail

DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, according to the CEO. DBS Bank CEO Piyush Gupta spoke of the bank’s... Read more »
Top Canadian Trading App Finally Embraces Crypto Fully

Top Canadian Trading App Finally Embraces Crypto Fully

In 2020, Wealthsimple dipped its toes into crypto by offering Bitcoin and Ethereum trading. Now, the online investment platform is fully embracing crypto by including capabilities like hosted wallets and several other... Read more »
Indonesia's Regulator Prohibits Financial Firms From Facilitating Crypto Trading

Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading

Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the... Read more »
Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give... Read more »
Coinbase acquires FairX to offer crypto derivatives trading in the US

Coinbase acquires FairX to offer crypto derivatives trading in the US

Leading crypto exchange Coinbase announced the acquisition of FairX, a derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). The following acquisition will enable Coinbase to enter and explore the derivative... Read more »
German online bank N26 rushes to launch crypto trading in 2022

German online bank N26 rushes to launch crypto trading in 2022

German online bank N26, revealed its plans to launch crypto trading service this year and add equities brokerage after that, reported Financial Times. The bank, which counts as one of the biggest... Read more »
REN price at risk of 50% drop after a bearish trading pattern shows up

REN price at risk of 50% drop after a bearish trading pattern shows up

The prospects of Ren (REN) continuing its ongoing rebound to fresh highs appear slim as a classic bearish reversal pattern begins to emerge. Dubbed head and shoulders, the setup appears when the... Read more »
OpenSea Saw a 646x Increase in Trading Volume in 2021

OpenSea Saw a 646x Increase in Trading Volume in 2021

Key Takeaways Transaction volume on OpenSea surpassed $14 billion in 2021, up by a factor of 646 compared to 2020. Top collections such as Bored Ape Yacht Club and Decentraland accounted for... Read more »
New to crypto trading? Here are 5 tips on how to start 2022 on the right foot

New to crypto trading? Here are 5 tips on how to start 2022 on the right foot

It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure... Read more »