Trends
22 articles about Trends — crypto guides, analysis, and market commentary.
OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users
Hyperliquid's Oli Futures Contracts: Revolutionizing the Crypto Market Crypto enthusiasts and investors alike have been buzzing about the recent partnership between Hyperliquid and major oil companies. This collaboration marks a significant milestone in the world of cryptocurrency, as Hyperliquid's innovative Oli futur
US Senate committee to weigh crypto bill in milestone for digital assets
What is the legislation? The legislation, known as the "Cryptocurrency Regulation Act," aims to establish a framework for cryptocurrency regulation in the United States. It would require cryptocurrency companies to register with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commissi
Coinbase blames AWS for hours-long crypto trading outage
Coinbase Outage Causes Panic Among Crypto Traders On October 16, 2021, popular cryptocurrency exchange Coinbase experienced a major outage that left many traders unable to access their accounts. The outage lasted for several hours, causing panic and frustration among users. The company has since announced that the issu
Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
Restructuring Reward Programs The recent agreement reached by the Consumer Choice Institute (CCI) and major retail companies has sparked controversy in the cryptocurrency community. The agreement requires companies to restructure their reward programs from a "buy and hold" to a "buy and use" model. This means that cust
Binance adds prediction market to its app for millions of users
Lowering Barriers for Retail Users The integration of gas costs into the Binance platform is a game changer for retail users. With gas fees often being a significant barrier for new users looking to get into the crypto space, this move by Binance makes it easier for them to participate in the market. Retail investors c
South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations
What is KYC and Why is it Important? KYC, or Know Your Customer, is a process used by financial institutions and companies to verify the identity of their clients. It involves collecting personal information such as name, address, and identification documents, and using it to confirm the client's identity. KYC is cruci
Pi rallies more than 30% after Kraken announces listing
Why Bybit Refused to List Mobile Crypto Mining Platform Chinese Police Warnings Concerns About Scam The CEO of Bybit, Ben Zhou, recently made the decision to decline listing a mobile crypto mining platform on the exchange. This decision was made after receiving warnings from Chinese police about the project. This news
BitMEX co-founder pledges $27M to London maths institute after Trump pardon
Ben Delo’s Legal Troubles: In the world of cryptocurrency, controversies and legal troubles are not uncommon. One such high-profile case involved Ben Delo, the co-founder of the popular cryptocurrency exchange BitMEX. In 2022, Delo pleaded guilty to violating US banking laws and paid a hefty fine of $10 million. The Pr
Elon Musk's X to launch crypto and stock trading in ‘couple weeks'
Interacting with Ticker Symbols Users of our app will have the ability to interact with various ticker symbols for cryptocurrencies such as BTC, ETH, and ADA. This means they can click on these symbols within posts and be directed to the trade execution page. This feature will allow for quick and easy access to trading
Crypto.com Unveils US Prediction Markets Platform as Legal Pressure Mounts on Rivals
OG Platform Launches Amidst Regulatory Pressure As the cryptocurrency market continues to grow, the demand for reliable and secure trading platforms has also increased. In response, Crypto.com has launched its standalone platform, OG, which offers advanced trading features and enhanced security measures. With the launc
Galaxy warns Senate crypto bill gives US Treasury massive surveillance power
Background on the Draft Crypto Market Structure Bill The draft crypto market structure bill, also known as the "Crypto-Currency Act of 2020", has been making waves in the cryptocurrency community. It was initially introduced by Representative Paul Gosar in March 2020 and has since been gaining traction in Congress. Som
India's Tax Department Echoes Reserve Bank's Concerns on Crypto
Tax Authorities Raise Concerns on Virtual Digital Assets As the Union Budget presentation draws near, tax authorities have raised concerns about the enforcement challenges associated with virtual digital assets. This comes as no surprise, given the rising popularity of cryptocurrencies and other digital assets, such as
Lloyds Bank completes UK's first gilt purchase using tokenized deposits
Archax and Canton Network: As two leading players in the crypto industry, Archax and Canton Network were the perfect partners for Lloyds in this transaction. Archax is a digital assets exchange platform that offers institutional-grade services and deep liquidity. With a focus on security and compliance, Archax is a tru
Coinbase CEO says reopening GENIUS Act is ‘red line,' slams bank lobbying
Reopening the GENIUS Act The GENIUS Act, or the “Growing and Empowering Minority Depository Institutions and Credit Unions” Act, was introduced in 2020 as a way to help minority depository institutions (MDIs) and credit unions access capital and support. However, recently there have been discussions about reopening the
Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates
XStocks: A New Era of Tokenized Equity XStocks is a groundbreaking platform that brings traditional equity investments to the world of cryptocurrencies. It allows users to invest in tokenized stocks, giving them access to some of the biggest companies in the world, all through the use of blockchain technology. What is
SoftBank's PayPay changes the game for Binance Japan users
PayPay and SoftBank Partnership The Japanese mobile payment service, PayPay, has recently announced its partnership with SoftBank, one of the largest telecommunications companies in the world. This partnership is significant as SoftBank is also the backer of one of the top 10 public holders of Bitcoin, a popular crypto
21Shares files for Hype ETF amid robust crypto allure
Hype Token ETF in the Works The proposed ETF, named the Hype Token ETF, will be listed on the New York Stock Exchange under the ticker symbol HYPE. It will track the price of Hype token, a popular cryptocurrency that has gained significant traction in the market in recent months. The ETF will provide investors with a c
Coinbase Plans India Comeback After Securing Regulatory Registration With FIU
Regulatory Pressure Leads to Exchange Withdrawal As the cryptocurrency market continues to gain mainstream attention, governments around the world are taking notice and implementing regulations. This has been the case for the country, where the government has put pressure on cryptocurrency exchanges to comply with stri
Robinhood to pay $30M to settle US regulator probes
What Led to the Fines? Robinhood, the popular commission-free trading app, has been in hot water recently with regulators. In December 2020, the Financial Industry Regulatory Authority (FINRA) fined Robinhood $57 million for a variety of issues, including misleading customers about how it made money and not adequately
Vitalik Buterin joins calls to free crypto advocate Roger Ver
The Controversial Figure of Roger Ver Roger Ver, also known as "Bitcoin Jesus", is a polarizing figure in the world of cryptocurrency. He was one of the earliest and most vocal supporters of Bitcoin, and has been a prominent figure in the community since its early days. However, his controversial actions and statements
Upbit operator Dunamu files lawsuit to overturn business sanction
Regulators Find Faults in Dunamu's Verification Process Upbit's parent company Dunamu is facing serious consequences after regulators found faults in its verification process. This has caused a major setback for the popular cryptocurrency exchange platform. The company is now attempting to overturn the business sanctio
Japanese firm Remixpoint makes $59 million crypto reserve investments
Adding XRP and Dogecoin to Remixpoint's Crypto Portfolio Remixpoint, a Japanese company, has announced its latest additions to their crypto portfolio, with the inclusion of XRP and Dogecoin. This move comes after the company already held a significant share of Solana, another popular cryptocurrency. This news has cause