P2P trading volume of bitcoin in Nigeria has increased by 15% year-over-year, according to data from LocalBitcoins and Paxful. This is despite a ban on crypto enforced by the Nigerian Central Bank. Da...
Tag: Trading
Chainalysis Detects ‘Significant’ Wash Trading Using NFTs – News Bitcoin News
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors...
NFTs Sees Increase in Manipulative Trading Practices: Chainalysis
Non-fungible tokens (NFT) have witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported. The platform published a report that said...
Nets Not Trading James Harden, Nash Says
Topline Brooklyn Nets head coach Steve Nash told reporters Sunday the team will not be trading guard James Harden, as Thursday trade deadline looms, despite reports the front office has been exploring...
Buy Cognizant Technology Solutions And Sell Short Macerich
Photographer: Michael Nagle/Bloomberg © 2021 Bloomberg Finance LP The market direction in the next week is unclear. In terms of wave formation, a fifth wave to the downside appears due. However, the s...
Crypto Trading firm Aurox against Private Token Sale: focused on platform users
Aurox is in early negotiations to go public this year, however, it is not clear if this would be through a SPAC, reverse merger, or other vehicles for legal reasons. While other firms have dealt with ...
Primex Finance Raises $5.7M To Launch Its DEX-Agnostic Cross-Margin Trading Protocol
Primex Finance, a decentralized finance protocol for cross-DEX margin trading with trader scoring mechanisms, said today it has closed on a $5.7 million strategic fund raise. The round was co-led b...
Market Intelligence Firm Chainalysis Issues Warning Over Murky Trading Practices in Nascent Crypto Sector
New data from crypto insights firm Chainalysis reveals that wash trading may be artificially inflating the value of non-fungible tokens (NFTs). In a new report, the market intelligence firm finds that...
StockTwits rolls out crypto trading service through FTX partnership
The FTX cryptocurrency exchange continues to record major partnership deals that seek to boost the growth of the exchange. The exchange has secured a deal with StockTwits to allow users on the investm...
New gold-based stablecoin by trading giant Mitsui reportedly on the way
Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency wil...
Crypto Spot Trading Volumes Hit a 14-Month Low Since December 2020
Amid the continued decline in the crypto assets the spot trading volumes have taken a severe hit over earlier this year in January. Digital asset data provider CryptoCompare reports that the total spo...
Saxo Bank Forex Trading Volume Rises by 21%
As the first month of 2022 passed very quickly, firms were eager to show their performance for the first month. The Denmark-based investment bank, Saxo, has posted some positive statistics for January...
Indian Central Bank Warns against Unregulated FX Trading Platforms
The Indian central bank has issued a warning on Thursday against locally unregulated forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of gener...
Why NFTs Took Over Crypto Trading Volume While Ether Struggled
The NFTs market had one of its best months yet in January with a record trading volume of $6 billion while cryptocurrencies like Bitcoin and Ether plunged dramatically over the investors’ fear of the ...
Stocktwits.com Launches Crypto Trading Platform With FTX US
Stocktwits.com, a social media site at the center of last year’s meme stock mania, is launching a cryptocurrency trading platform. Based in New York, Stocktwits.com announced that it is partnering wit...
Stocktwits Opens Cryptocurrency Trading Services to Its Customers
Stocktwits, a social trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders i...
Saxo Bank Sees 21% MoM Jump in January Trading Volumes
Saxo Bank has released its trading metrics for January 2022, reporting a solid monthly and yearly jump in demand. The total monthly volume on the platform in the month came in at $438 billion, with a ...
FTX Is Now One of the Biggest Trading Platforms Out There
Cryptocurrency exchange FTX is one of the newest digital currency platforms out there, but its size, scope, and popularity just keep growing. It’s been announced that the exchange now bears a valuatio...
Bitcoin Trading Volume Crashes Again After Brief Surge
The Bitcoin trading volume observed a surge earlier as the price of the crypto crashed below $40k. However, the metric has now once again come back down as the coin has become calmer. Bitcoin Trading ...
The Significance of Institutional Grade Infrastructure in Shaping the Future of Cryptocurrency Trading
Quick take The inherently volatile nature of cryptocurrency in relation to price adjustments and order spikes can often result in exchange outages Whilst some proponents of cryptocurrency propose out...
Unscrupulous traders made $8.9M via wash trading NFTs, says Chainalysis data
TL;DR breakdown NFT sellers are suspected of making hundreds of wash deals More than $44 billion (£32 billion) worth of bitcoin was sent to NFT-related smart contracts last year Non-fungible tokens (N...
XTB to Start Forex Trading in South Africa in Second Half of the Year
XTB, a Poland-based online forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, t...
Crypto Exchange FTX Acquires Liquid Trading Platform
The cryptocurrency exchange FTX has acquired the Liquid Group and all of its operating subsidiaries, which include the Quoine Corporation. Liquid Acquired In a blog released earlier today, crypto tra...
Unleashing Liquidity in DeFi Trading
Centralized exchanges (CEXs) have created opportunities for users to trade, buy and sell digital assets, but there are still thousands of tokens on a variety of blockchains that cannot be used as marg...
Capri Holdings shares jumped 10% in premarket trading: how come?
Shares of Capri Holdings Ltd (NYSE: CPRI) are up more than 10% in premarket trading after the fashion company reported better-than-expected results for its fiscal third quarter. Q3 results Capri said ...
Botswana to Regulate Cryptocurrency Trading (Report)
The government of the African country Botswana has reportedly passed a bill to impose a comprehensive regulatory framework on cryptocurrency trading. The initiative is part of its efforts to tighten a...
‘Significant’ Wash Trading, Money Laundering in NFT Market: Chainalysis
Chainalysis—a blockchain analytics platform—has found “significant” evidence of wash trading and money laundering in the emerging NFT market. “As is the case with any new technology, NFTs offer poten...
Crypto tax doesn’t legalize trading, says Indian tax department chief
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India. The finance ministe...
Trading Turnover on SIX Swiss Exchange Hits CHF 122.1 Billion in January
With a trading turnover of CHF 122.1 Billion in January 2022, the SIX Swiss Exchange witnessed a month-on-month spike of approximately 23.2%. The exchange also saw a sharp increase in the total number...