crypto trading

Crypto Shorts, Robinhood Revenue, Plus500 H1, XRP Market Cap: Editor’s Pick

In a quieter week for news, let’s take a look at the news stories that dominated the worlds of forex, fintech and crypto in our best of the week segment.$160 Million Worth of Crypto Shorts Liquidated in the Last 24 HoursThe trading week kicked off with the news that the total market cap of crypto assets crossed the level of $2 trillion on Sunday after a strong rally in altcoins.Almost $160 million worth of short crypto trading positions were liquidated in the previous 24 hours. Approximately $55 million worth of short

Can DeFi Survive Without CeFi? Bitrue’s Hybrid Solution Might Be The Middleground

Decentralized finance has been crypto’s defining motif this year, thanks in no small part to the ascendance of token mining solutions popularly known as yield farming. However, despite billions of dollars of crypto assets being locked into DeFi protocols, it has still to be determined whether decentralized finance can realize the lofty goals that inspired its creation, like banking the unbanked and providing greater financial inclusion. What’s beyond dispute is that the legacy financial system crippled by excessive regulations and distorted by extremely loose central banks’ monetary policies is badly

Delhi Police Launches Probe Against Pluto Exchange Operator

Rate this post The Economic Offence Wing of Delhi Police has launched a probe against the operator of Pluto Exchange. This action has been taken after around 43 investors have filed a complaint with the Economic Offence Wing (EOW). It was reported earlier that Pluto Exchange is accused of deceiving around 43 investors which is worth more than $272,000.  The accused Bharat Verma, the founder of Pluto Exchange, was allegedly involved in an investment scheme where they defrauded investors by claiming that they are running crypto trading and mining operations

All You Need to Know about Crypto Credit Cards 

Table of Contents 4.7 / 5 ( 3 votes ) Businesses today have very well adapted and grown to the idea of cryptocurrencies and have realized the benefits that comes with it for both customers and businesses alike. Therefore businesses have become more accustomed to accepting payments in cryptocurrencies and this is where crypto credit cards come in handy.  Cryptocurrency doesn’t come as easy in exchanging as traditional currency does hence customers and merchants do face some problems in making payments using digital currency and cryptocurrency credit cards seems to

StormGain Signs Long-Term Partnership with Serie A’s SS Lazio

Cryptocurrency trading platform StormGain is proud to announce a multi-year deal to become the Official Crypto Trading Partner of SS Lazio. The sponsorship aligns two partners who pride themselves on combining tradition with innovation to achieve success. StormGain marries crypto trading with the latest technologies to help its clients achieve positive results. Lazio combines rich tradition with a forward-thinking mindset to bring on-pitch success. The 2020/21 season marks a significant moment for the team in this regard as they return to the UEFA Champions League, Europe’s leading club competition. With

Stocks Continue Downward Move While Bitcoin Fights to Stay Above $10,000

One criticism that often comes up when speaking with skeptics about crypto trading is the prospect that whales control this market. Well, that may be true, but the issue isn’t any worse than it is in any other market. The big story crossing financial media today is about a large hedge fund who’s been pushing around the world’s biggest tech stocks. So all the narratives about the Federal Reserve, QE, new retail money, stock splits, tech equities being immune to the virus, and pure momentum have fallen by the wayside,

Here’s how Tether is bringing stiff competition to the US Dollar

Tether has become more mainstream than ever. It ranks third with a market capitalization of $13.7 B with its market dominance having increased by 2.9% since August 31, 2020.Source: CoinMarketCapHowever, this level of dominance and explosive growth makes it an outlier in stablecoins. Tether was introduced as the ‘digital dollar’ for facilitating entry into cryptocurrency markets and trading. However, it has become more instrumental to liquidity on exchanges.The Tether inflow to cryptocurrency exchanges has increased in the past 30 days. Source: ChainalysisThus it is instrumental in generating liquidity to absorb demand

Europe’s Revolut app now offers crypto trading for Aussie users

After opening its doors to Australians last month, one of the largest brokerage firms in Europe is now offering crypto trading services.U.K.-based money app Revolut announced on Sept. 3 that its tens of thousands of Australian customers are now able to buy, sell, and hold crypto assets. Users can convert their fiat into Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), XRP, and Stellar (XLM). Revolut stated that its ‘Metal plan’ customers could now transfer digital assets to other users, as well as exercise the option to round up