Coinbase, one of the world’s leading cryptocurrency exchanges, has announced that retail traders in the United States will now have the ability to trade crypto futures. This new development, made possible through Coinbase Financial Markets, opens up opportunities for advanced users to engage in futures trading for Bitcoin (BTC) and Ethereum (ETH). As Coinbase continues
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The UK’s Financial Conduct Authority (FCA) recently issued a warning regarding Bitfinex, a cryptocurrency exchange. The FCA stated that Bitfinex may be promoting financial services or products without proper authorization, urging investors to avoid dealing with the firm. This article will delve into the details of the FCA warning and examine the implications for potential
Meme coins have been making headlines this week, with a surge in trading volumes and market anticipation. One notable meme coin that is gaining attention is Sponge token ($SPONGE). Despite the recent increase in trading volumes across meme coin charts, $SPONGE has managed to stand out. In the last 24 hours, its trading volume has
Blockchain analytics firm Nansen recently revealed that bankrupt cryptocurrency exchange FTX has conducted several transactions, moving a total of $156 million worth of digital assets, including Ethereum (ETH) and Solana (SOL), in the past week. This article critically examines these movements and the implications they may have for FTX and its stakeholders. On October 30,
Solana (SOL) has demonstrated impressive strength in recent trading sessions, breaking above the key resistance at $35 against the US Dollar. With its price now trading above $35 and the 100 simple moving average (4 hours), SOL is showing promising signs of a potential fresh rally towards the $38 level. This surge comes as Solana
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently caught the attention of crypto enthusiasts due to its price action. The asset’s price trajectory has been discussed by Pentoshi, a notable crypto analyst, who suggests the possibility of an uptick in value if current conditions persist. In this article, we will delve into Pentoshi’s
South Korea’s dedicated unit for investigating cryptocurrency crimes is facing tremendous challenges just over a year after its launch. Operating as a part of the Seoul Southern District Prosecutors’ Office and formerly known as the Financial and Securities Crime Coalition Team, this unit, humorously referred to as the Yeoido Grim Reaper, was initially responsible for
The U.K. Treasury has recently unveiled its regulatory strategy for the crypto industry. The new approach will be implemented in multiple phases, with the first phase focusing on fiat-backed stablecoins. This article will delve into the details of the U.K.’s regulatory plan and analyze its potential impact on the crypto market. The initial phase of
In recent weeks, the cryptocurrency world has been captivated by a remarkable event – the sudden explosion of a little-known token called AICGFI. This enigmatic meme coin has experienced an astonishing 10x surge in its market value, fueled by promises of decentralized artificial intelligence. While numerous moon-shot tokens have gained attention in the decentralized exchange
Recent developments in Russia have highlighted the potential consequences of making cryptocurrency donations to foreign entities. Alexander Vechirko, a Russian citizen, has been charged with high treason for allegedly donating crypto to Ukraine’s military. This incident sheds light on the increasing scrutiny surrounding cryptocurrency transactions and raises concerns about the privacy and security of these
