Today, we saw a bit of a stabilization in the cryptocurrency market led by Bitcoin which is still at the 26,000 level after the sharp decline over the past weekend. Also today, Ethereum is settling near the $1,640 level. We continue to see mixed news moving the cryptocurrency market. Where we have seen the return of cryptocurrency outflows during the last week. According to data provided by […]
During the past weekend over the last two days, Bitcoin traders were surprised by a significant downward movement that brought the price of Bitcoin to levels around $24,000. Historically, it’s unusual for Bitcoin or cryptocurrency currencies to experience price fluctuations of around 10% within just two or three days. The recent drop of 11.4% from $29,340 to $24,980 between August 15th and August 20th caught many off-guard […]
Coinbase is acquiring a minority stake in Circle Internet Financial, and the companies are ending their Centre Consortium partnership that issued the USD Coin (USDC). USDC is the world’s second-largest stablecoin, and as part of these changes, Circle will assume full control over its issuance and governance. On Monday, the SEC announced charges against Titan Global Capital Management USA LLC, a New York-based FinTech investment adviser, for […]
The U.S. Securities and Exchange Commission (SEC) has sought permission to appeal a ruling concerning Ripple’s XRP sales through exchanges. This appeal specifically targets the judgment that Ripple’s XRP sales did not breach securities law, arguing that retail investors’ expectations differ from institutional ones when purchasing from Ripple directly. Cryptocurrency exchange Bitget has decided to enhance its know-your-customer (KYC) requirements for its users. Effective from September 1, […]
Hani Abuagla The price of Bitcoin falls sharply after rumors appeared on the WSJ yesterday night that SpaceX had sold its entire investment in the cryptocurrency, worth $373 million. Cryptocurrency market sentiment has been quite soft for some time and volatility has remained at its lowest levels in 7 years. As expected, the period of consolidation and uncertainty ended with a rebound in volatility. Bitcoin price plunged […]
Bitcoin, previously known for its ‘wild price swings’, is now trading sideways which is both a blessing and a curse for investors, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The analysis from deVere Group’s Nigel Green comes as volatility for major cryptocurrencies including Bitcoin and Ether are at multi-year lows – and have been for several months […]
Birmingham, UK – News Direct – 8 August 2023 – The cryptocurrency market has been volatile in recent months, but there are some signs that a Bitcoin bounce could be coming. Bitcoin (BTC) has been trading sideways for the past few weeks, and some analysts believe that the cryptocurrency is due for a breakout. One of the reasons for this optimism is the accumulation of BTC by […]
From AI hype to uncertain China’s reopening: join the international broker OctaFX as it compiles the 12 most important events that shaped the Forex market in the past year. KUALA LUMPUR, MALAYSIA – Media OutReach – 9 August 2023 – The past year thoroughly shook the financial markets and had a lasting impact on the Forex market. As OctaFX celebrates its 12th anniversary, the company took this […]
SINGAPORE – Media OutReach – 27 July 2023 – BingX, a cryptocurrency exchange , is thrilled to unveil the listing of a new trading pair, WLD/USDT, for the highly anticipated Worldcoin (WLD). This momentous move comes as part of BingX’s commitment to offer a diverse range of trading opportunities to its esteemed users. Worldcoin, founded over three years ago with an audacious vision, aims to establish a […]
DUBAI, UNITED ARAB EMIRATES – Media OutReach – 14 July 2023 – Trading bots on Bybit, the world’s third most visited crypto exchange, have broken all-time highs for trading volume in the last 24 hours, on the back of a sudden crypto rally that saw XRP surge 70%. Bybit’s free trading bots, which use algorithmic trading strategies to automatically submit buy and sell orders, hit a combined […]
HONG KONG SAR – Media OutReach – 14 July 2023 – Today, IX Asia Indexes announced the 2023 2nd quarter review of the ixCrypto Index (“IXCI”), ixCrypto Portfolio Indexes, ixCrypto Infrastructure Index (“IXFI”) and ixCrypto Stable Coin Index (“IXSCI”). The constituents change and recapping at 40% of IXCI and ixCrypto Portfolio Indexes will be effective on July 21, 2023 (Friday) while the IXFI and IXSCI result will […]
HONG KONG SAR – Media OutReach – 12 July 2023 – Today, IX ASIA INDEXES announced the 1st Half 2023 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classify digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens […]
Over the past ten years, the true believers of the cryptocurrency revolution have turned what was once considered the gallery of the financial world into a new trillion-dollar asset class. Now they are ready to receive congratulations counting their digital coins. At the same time, even among entrepreneurs, not everyone has a clear idea of what cryptocurrency is and how to work with it. This is how […]
With high-interest USD and BTC accounts now accessible to more regions in Asia, Xapo Bank opens the doors to untapped financial opportunities for the region’s young tech-savvy professionals GIBRALTAR – Media OutReach – 22 June 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with the utility of Bitcoin and stablecoins, today announced that it will begin accepting members across South Asia, including […]
By Arun Kumar Shrivastav After shaking the foundation of traditional finance and making central banks give a war cry, the cryptocurrency world faces one of its most critical moments as it moves forward nonchalantly. With over a trillion dollars in market cap and the bitcoin keeping in the range of $26,000, it’s not a doom […]
The post US SEC’s Lawsuits Against Binance And Coinbase Hit Cryptocurrency Market first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 10 June 2023 – In June 2023, CoinW’s philanthropic mission perseveres in Taiwan. “CoinW Official” and “CoinW Taiwan,” in association with the Pepe Chinese community, Pudgy Penguins, Dogewow, Floki, and other elite animal-themed NFT and MEME initiatives, organized a Stray Animals Charity Week. Under the theme of “PETS ARE FAMILY,” the CoinW Taiwan team, representatives from Taiwan’s blockchain institutions, authoritative blockchain media […]
SINGAPORE – Media OutReach – 2 June 2023 – BingX, the leading social trading platform, is proud to announce its innovative peer-to-peer (P2P) trading feature, empowering users to buy and sell cryptocurrencies directly with P2P merchants at the best agreed-upon prices. With BingX P2P, traders can enjoy reduced fees, enhanced trust and security, community interaction, and competitive pricing, making it the go-to platform for seamless and rewarding […]
By Arun Kumar Shrivastav The European Union’s Markets in Crypto Assets (MiCA) regulation has achieved its long-awaited final consent from the council. This groundbreaking legislation, aimed at harmonizing cryptocurrency laws across all 27 EU member states, has undergone several delays but has emerged triumphant. The MiCA proposal holds immense significance as it seeks to establish […]
The post Approval Of MiCA Regulation Leads To A New Dawn For Cryptocurrencies In EU first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 25 May 2023 – BingX, one of the leading crypto exchanges, is proud to recap their presence at The Bitcoin 2023 conference that was held this past week in Miami. The conference itself featured unique activations, attendee experiences and an agenda of builders, politicians, business leaders and more of the most influential people in the world sharing their insight into this technological, […]
By Arun Kumar Shrivastav Hedge fund manager and macroeconomic expert Hugh Hendry has raised concerns about the US banking system and the American economy as a whole. In a recent interview with Bloomberg Markets, Hendry warned that mass panic and capital flight from the US banking sector are justified given the decline in the M2 […]
The post US Banking System Faultlines And High Debts Give Lifeline To Bitcoin first appeared on IPA Newspack.
