Market

The EU explores adding Bitcoin and cryptocurrency exposure to its €12 trillion investment market. Potential inclusion could surpass the market size of current Bitcoin ETFs and signal new all-time highs for BTC and ETH. The European Securities and Markets Authority (ESMA), the EU’s key financial regulator, recently issued a Call for Evidence to review the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). The aim is to assess the risks and benefits associated with allowing UCITS…

With Binance founder and former CEO Changpeng “CZ” Zhao recently sentenced to four months imprisonment, a WSJ report is alleging that the crypto exchange giant fired one of its investigators who exposed market manipulation by one of the company’s clients, DWF Labs. Binance, however, denied the report, stating that the cryptocurrency exchange maintains a strict market surveillance program that does not tolerate market abuse. DWF Supposedly Involved in Wash Trading Worth $300 Million According to a report by the Wall…

The post Binance Officials Respond to Market Manipulation Allegations Alongside DWF Labs’ Wash Trading Activities appeared first on Coinpedia Fintech News Binance has been under the spotlight of controversy ever since harsh allegations of market manipulation involving DWF Labs were placed against the company. Reports were released claiming that committed significant wash trading activities worth $300 million have been conducted in the last year by DWF Labs.  After seeing such allegations, several key figures in charge of running Binance have…

The post Crypto Analyst Predicts Upcoming Altseason, Citing Historical Market Trends Seen In 2018 -21 appeared first on Coinpedia Fintech News Cryptocurrency markets may be on the cusp of an exciting shift, according to a prominent crypto analyst who recently took to Twitter with bold predictions. The analyst’s tweet suggests that what we’ve witnessed so far in altcoin movements could be just the beginning of a larger uptrend, likening it to market structures observed from 2018 to 2021. Altcoin Season…

As the clock ticks closer to the end of today, May 3, the cryptocurrency market braces itself for potential upheavals, with roughly $2.4 billion worth of Bitcoin and Ethereum options set to expire. This significant event could catalyze notable shifts in market dynamics, steering the trajectory of Bitcoin and Ethereum prices in the near term. Notably, Options contracts in the crypto sphere allow traders to hedge against price volatility or speculate on future price movements without directly holding the assets.…

Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in Transferable Securities (UCITS) Eligible Assets Directive (EAD). This move could potentially enable the integration of cryptocurrencies into a vast investment market valued at approximately €12…

Ripple plans to launch a stablecoin in June, aiming to offer stability by pegging its value to the U.S. dollar. The SEC has raised concerns about Ripple’s stablecoin, alleging it could be an “unregistered crypto asset.” Ripple’s Chief Technology Officer, David Schwartz, recently hinted at the imminent launch of the company’s stablecoin during the XRP Las Vegas conference. With the stablecoin backed by U.S. dollar deposits and government bonds, Ripple aims to provide stability and security with a 1:1 peg…

The post BEFE Coin: The Latest Meme Craze Sweeping the Cryptocurrency Market appeared first on Coinpedia Fintech News The cryptocurrency market thrives on innovation, but sometimes, a little lighthearted fun goes a long way. Enter BEFE, the latest memecoin in the market, with the potential to take down the coins at the top. Every crypto enthusiast must have heard of a memecoin in the market that is making a historic jump and paving a new path for memecoins. Well, BEFE…

The post Binance Shocker: No Market Manipulation by DWF Labs, Denies Reports! appeared first on Coinpedia Fintech News Binance, one of the world’s largest digital asset exchanges, has firmly denied allegations of market manipulation involving DWF Labs. This controversy has resurfaced following claims made by an anonymous source alleging significant wash trading activities amounting to $300 million during the previous year. Allegations Of Market Manipulation As per the reports, DWF Labs, a prominent Web3 investment and market-making firm has come…