Tags : Traders

Regulation

Crypto traders turn to OTC platforms amidst Bitcoin crackdown

Millionaires in China are turning to over-the-counter companies to commerce and purchase Bitcoin and different cryptocurrencies even because the native authorities says it might crackdown on the sector, as per a report on enterprise outlet Bloomberg right this moment. Rising trade price Officers within the nation mentioned earlier this month they’d seek out and finish […]Read More

Cryptocurrency

Traders lost $200 million trading Dogecoin and Shiba Inu (SHIB)

Dogecoin (DOGE) and Shiba Inu (SHIB) merchants misplaced over $200 million yesterday after Ethereum’s Vitalik Buterin dumped a part of his stack, information from markets taken by Bybt reveals. Whereas Dogecoin has been memed into supposed legitimacy by the likes of Elon Musk, ‘petcoin’ Shiba Inu went from near-obscurity to quickly develop into the world’s […]Read More

Cryptocurrency

Traders lose $46.5 million on first day of SHIB futures

Shiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival again in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, knowledge reveals. Merchants, nonetheless, misplaced hundreds of thousands of {dollars} punting on the forex’s futures. Thousands and thousands gone SHIB “traders,” as latest as these […]Read More

Regulation

Thailand mandates ‘in-person’ KYC for crypto traders

Thailand’s crypto merchants can be quickly required to be bodily current for opening an account at one of many many exchanges and pockets suppliers primarily based within the nation, native outlet Bangkok Post reported immediately. A rising crypto market The nation is a small, however rising, crypto market. As per the native Securities and Change […]Read More

Cryptocurrency

1 million crypto traders see nearly $10 billion in liquidations

Merchants noticed practically $10 billion in liquidations on Sunday morning because the crypto market noticed a deep pullback, information from markets software Bybt exhibits. Over 1 million particular person accounts had been liquidated. aftermath of at present pic.twitter.com/ujSlotcglr — crimson (@redxbt) April 18, 2021 Wooosh ‘Liquidations’ happen when merchants borrow extra capital from brokerages/exchanges (i.e., […]Read More

Bitcoin

Despite no laws, Indian minister says traders must pay taxes

An official from India’s ministry of finance stated Monday that each one positive aspects from buying and selling cryptocurrencies like Bitcoin have been liable to earnings tax, as per a report on markets outlet Financial Express. The sector exists in a authorized gray space within the nation, and buyers have been to date (seemingly) confused […]Read More

Market

After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What

Rallies in GameStock (NYSE: GME) shares in addition to dogecoin (DOGE) and bitcoin (BTC) are piquing the betting curiosity of merchants in China as a lot as they’re in the USA. On Weibo, the favored social media platform in China, the extremely energetic crypto group is speculating on which cryptocurrency can be subsequent to get […]Read More

Cryptocurrency

Local top? Why Bitcoin traders are starting to get slightly

The Bitcoin price has seen a relatively large pullback since December 27, after it hit a peak at $28,422. Following a 6.5% drop, technical analysts and traders are becoming slightly cautious in the short-term. The Bitcoin price chart. Source: BTCUSD on TradingView.com Bitcoin demand came from derivatives, not institutions The Bitcoin rally to over $28,000 […]Read More