Day: April 26, 2022

Bybit to Launch Cryptocurrency Options Trading

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Crypto derivatives platform, Bybit announced on Tuesday that it will further expand its product line by offering cryptocurrency options trading. The new products will be added alongside the existing line of perpetual futures contracts and expiration futures contracts. Take Advantage of the Biggest Financial Event in London. The decision to launch the new derivatives product was taken based on the feedback of Bybit’s existing user base, the company detailed. “Options is something that our existing clients have long been asking for since there has been no other revolutionary product offered…

US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto – Featured Bitcoin News

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Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge cryptocurrency and blockchain technology, all for the purpose of evading U.S. sanctions.” Virgil Griffith and Two Co-Conspirators at DPRK Cryptocurrency Conference The U.S. Department of Justice (DOJ) announced Monday that “two European citizens have been charged for conspiring with a U.S. citizen to assist North Korea in evading…

Tokens․com Makes a Big Metaverse Move into SuperWorld – Press release Bitcoin News

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press release PRESS RELEASE. The Web3 Investment firm has purchased 40 NFT plots of virtual real estate on the SuperWorld platform. From companies like Apple and Facebook to brands like Puma and Gucci and beyond, suffice it to say the Metaverse is becoming the new frontier for commerce and community. And right now, many forward-looking investment firms and financial institutions are exploring the myriad opportunities offered by Web 3 and the incipient Metaverse. SuperWorld is a virtual world in augmented reality (AR), similar to Decentraland or Cryptovoxels, both user-owned virtual…

Bitcoin’s Correlation With Gold-Backed PAXG Token Weakens to Record Low

“This reflects BTC’s increasing correlation with macro stock indices as well as its recent behavior as a risk asset rather than a store-of-value, and points to price turbulence ahead as markets digest the impact of further inflation and liquidity withdrawals,” Noelle Acheson, head of market insights at CryptoX’s sister concern Genesis Global said. Source BitcoinsCorrelationGoldBackedPAXGRecordTokenWeakens CryptoX Portal

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Crypto tax calculator Koinly integrates Terra into its platform

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Crypto tax calculation platform Koinly added Terra (LUNA) wallet support to make tax calculation easier for LUNA holders as the Canadian tax report deadline draws near.  Tony Dhanjal, head of tax at Koinly, said that LUNA support has been requested by many Koinly users, and with the integration, LUNA users will have a “way to accurately track and record their transactions to meet their tax obligations.” Calculating crypto tax is easy if a user’s crypto affairs are simple. However, Dhanjal told Cointelegraph that “the average crypto investor is connected to…

Equiti Announces Addition of More than 40 Fully Paid Cryptocurrency CFDs

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Equiti, a leading financial trading services provider, today announced that it has added more than 40 of the world’s most popular digital currencies as fully paid cryptocurrency CFDs to meet the growing demand of its customers. Take Advantage of the Biggest Financial Event in London. Trading fully paid cryptocurrencies as CFDs via the MT5 platform enables Equiti’s retail clients onboarded through Equiti Brokerage (Seychelles) Limited to trade on the company’s liquidity and hedge exposures without owning the real underlying coins or the need for a digital wallet. Equiti’s recently added…

Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin

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The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC). The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment options to the customers, reported WSJ. If the proposal to allocate BTC to their savings account gets approval from employers, it would allow retirement savers to allocate up to 20% of their portfolio in Bitcoin. Fidelity is currently in discussions…