Inexperienced and small crypto derivatives traders are outperformed by more savvy players and their positions are "disproportionately liquidated," according to a recent study by researchers from the Carnegie Mellon University CyLab. They analyzed publicly available trading data from major crypto derivatives exchange BitMEX and collected price and volume data for…
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Source: Adobe/o_du_van The South Korean crypto exchange Coinone has been feting a double windfall – with a gaming giant snapping up a minority stake in the company and a legal boost leaving its CEO in the clear over gambling allegations. While three domestic gaming firms have been variously linked to deals to take over the Coinone rival Bithumb, Gamevil – a top-300 KODAQ-listed mobile…
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The South Korean government is consulting on plans to regulate overseas remittances and banks with ties to crypto exchanges over concerns money is flowing abroad from the country in crypto purchases. Per Maeil Kyungjae, it appears that some South Korea-based investors are attempting to exploit the kimchi premium by transferring fiat abroad to buy crypto from over-the-counter…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here.
AscendEX Listings: OptionRoom (ROOM) Zignaly (ZIG) JulSwap (JULD)…
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Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African customers in 2020, also reveals that “around 65% of Luno’s […]…
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Former SEC Chairman Harvey Pitt says that he expects a “fair amount” of crypto regulation coming from the U.S. Securities and Exchange Commission (SEC) following the confirmation of the new chairman. Former SEC Chair Expects ‘Fair Amount’ of New Crypto Regulation Harvey Pitt talked about the future of cryptocurrency regulation under the new chairman, Gary […]…
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After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on […]…
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Canada has been approving crypto exchange-traded funds (ETF) more quickly than the United States and after three successful bitcoin ETFs, the country has approved three ethereum-based ETFs. The three ether ETFs in Canada will debut on Toronto’s stock exchange (TSX) on April 20, 2021. Three Ethereum ETFs Set to Launch in Canada Next Week Back […]…
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This was very busy week in crypto: one day before the Coinbase direct listing, BTC and ETH hit their new all-time highs, and dogecoin led the market, soon landing on the 8th spot by market capitalization, while many industry insiders saw the listing as a bullish event for the crypto space and for DeFi.
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Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended.
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