Crypto Exchanges Are Trading Against Their Customers Often – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns over crypto trading platforms “commingling” services. SEC Chair Gensler on Crypto Exchanges Trading Against Customers SEC Chairman Gary Gensler said in an interview with Bloomberg News Tuesday that some cryptocurrency exchange platforms may be betting against their own customers. Gensler expressed concerns that crypto exchanges are not segregating different parts of their businesses, such as trading, custody, and market-making.…

How long will the crypto bear market last? Raoul Pal’s macro analysis

Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions.  “The Fed are unlikely to raise rates as far and as fast as people expect. My guess is they probably stop raising rates sometime in the summer and that will be it,” he said in an exclusive interview with Cointelegraph. Pal sees the combination of high interest rates and…

AXS Jumps Over 20%, as MATIC Falls to 13-Month Low – Market Updates Bitcoin News

Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April. Axie Infinity (AXS) AXS was one of the biggest gainers in crypto markets on Thursday, as prices rallied following a three-day losing streak. Following a low of $16.42 on Thursday, AXS/USD surged to an intraday peak of $24.26 during today’s session. As a result of today’s rebound in price,…

Ethereum Tumbles To 10-Month Lows As Sell-Offs Intensifies

Ethereum has been on a downward trend with the rest of the market. Most notable though had been the movement of the digital asset in the last 24 hours. Ethereum which had been holding up above the $2,000 level had finally succumbed to pressure from bears. This saw it lose about 20% of its value in a day and had effectively pushed it back toward the $1,600 level. The push behind this remains the same; massive sell-offs. Ethereum Investors Want Out Investors in the second-largest cryptocurrency by market cap, Ethereum,…

Bitcoin could target $32K, says trader as LUNA crashes below one penny

Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as the market recovered from its lowest levels since late 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY looms large as BTC recovers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $29,500, holding higher after the Wall Street open. The pair was volatile but showing few signs of fresh capitulation, with a sea of long positions on major exchange Bitfinex exhibiting what analysts believed was conviction over lower levels not returning. Bitfinex longs even managed…

Crypto Trading for Beginners in Tamil | Cryptocurrency Day Trading | No Skills Required.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 1. Wazirx APP Link : 2. Wazirx Tutorial video : Twitter: Telegram: Crypto Rules: 1.Dont invest your personal money for trading. Invest what you can afford to loose. 2.100% success not possible in Crypto Trading. 3.Dont focus on money only focus on Profit%. Set your target %. 4.Dont trade shit coins only trade coins with huge marketcap.use coinmarketcap for analysis. 5.If you are not satisfied then use small amount to trade. 6.Must use stop loss to avoid big loss. 7.Also consider trading…

Terra blockchain officially halted following LUNA price collapse

Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token.  Terraform Labs’ official Twitter handle confirmed that the blockchain network was halted at a block height of 7,603,700. The move follows a series of dramatic events that triggered an unprecedented decline in the price of LUNA and its associated TerraUSD (UST) stablecoin. The stablecoin, which was designed to maintain algorithmic parity with the United States dollar, lost its peg…

LUNA Issuer Terra Halts Blockchain After Week of Losses

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