Cryptocurrency

Later on this year, Thailand's Stock Exchange, SET, plans to set up a digital asset trading platform that won't involve cryptocurrency trading. The forum will allow both individual and institutional trading of every type of digital token, except crypto. According to SET, the reason behind the removal of cryptocurrency is the uncertainty of how to curb money laundering. SET previously announced that the exchange will use blockchain technology for payment services. The technology will be provided by Kasikorn Business-Technology Group,…

A new report from Chainalysis has indicated that the share of crypto transactions linked to criminal activities fell in 2020. According to the report, the percentage reduced from 2.1 recorded in 2019 to only 0.34. However, ransomware attacks have tripled in volumes when compared to what was recorded in 2019. A major drop in cryptocurrency criminal activities So often, regulators and mainstream media point out that criminals use cryptocurrencies like Bitcoin. Although the argument has been proven false in recent…

Many critics, including traditional financial institutions, have always argued that criminals use Bitcoin and cryptocurrencies for nefarious acts like washing dirty money, defrauding investors, financing terrorism, etc. Barring Crypto Customers Due to this, crypto traders in some parts of the world, like Australia, have trouble accessing banking services.   Earlier this week, reports revealed that Australian bitcoin exchange operator Allan Flynn filed a $290,000 (AUD 375,000) lawsuit against two Aussie banks for closing his accounts because he deals with cryptocurrencies.  Flynn…

The HaasOnline trading bot is considered one of the most advanced trading bots in the market at this time. This automated trading software is geared toward experienced traders seeking a fully functional platform. As such, you need a decent technical understanding to get the most out of this protocol.  Trading Bots Trading Bots play a vital role in the market nowadays. These preprogrammed trading algorithms save traders from the stress of monitoring the market 24/7. Think of trading bots as…

By accident, a British man threw a hard drive with Bitcoin into the trash has offered the local government more than $70 million to dig up landfills for retrieval. IT employee James Howells got rid of the device containing 7,500 Bitcoins between June and August 2013. He originally mined the virtual currency four years earlier when its value was still low. But when a rally valued cryptocurrency and looked for it, he discovered that he had mistakenly dumped the hard…

Diginex (EQOS), the Hong Kong-based digital assets group, has entered into definitive agreements with particular institutional investors to scale up aggregate gross proceeds of about $38.6 million via the private placement of its equity securities. Diginex will trade an aggregate of 2,571,669 of its ordinary shares together with warrants to acquire up to a total of 2,571,669 ordinary shares at $15.00 per share and accompanying warrant. The contracts should take effect straight away with a term of three years and…

The global crypto ATM market value is at $ 18.35 million in 2019, and it has a projection to reach $ 542.52 million by 2027, a CAGR of 52.7% over the forecast period. A research expert on cryptocurrency ATMs revealed a new analysis of the 2019-2027 situation, based on in-depth analysis with industry experts' involvement and the best suppliers in the business. The Cryptocurrency ATM Market Report analyzes stakeholder opportunities across Cryptocurrency ATMs and identifies high-growth segments.  The Analysis Details…

Bitcoin and other digital coins saw a two-day decline on Monday, wiping $170 billion from the entire cryptocurrency market. According to Coinmarketcap, its market cap was $1.1 trillion the day before and currently stands at $954.53 billion. The cryptocurrency sell-off occurred after a significant rally signaling investors profit cash out. Bitcoin is still up more than 340% in the past 12 months, hitting a record high of under $42,000 last week. Crypto Exchanges Report High Liquidation Volumes The largest cryptocurrency…

As a new cryptocurrency trader, there are many options to choose from. The market is hot right now, and selecting the right exchange for your trading activities will help you save on fees and secure higher ROIs. Notably, not all exchanges are created equal. Today, there are different types of exchanges. Each exchange has its options, features, and fee structure. Here are the best exchanges to start trading cryptocurrency. Bitstamp Bitstamp is another experienced exchange that has offered services to…