Category: Exchanges

What is a cryptocurrency mixer and how does it work?

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The rapid expansion of cryptocurrencies and the development of crypto infrastructure and vulnerabilities like crypto mixers or tumblers have been a source of concern for government agencies in charge of financial security. Many people use crypto mixers to keep their cryptocurrency transactions private by mixing potentially identifiable cryptocurrency funds with vast sums of other funds. These services are often used to anonymize fund transfers between services and do not require Know Your Customer (KYC) checks. As a result, the risk of employing crypto mixers to launder money or conceal earnings…

Cryptocurrency vs. Stocks: Key differences explained

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Both the crypto and the stock markets are volatile and subject to external influences. However, there are also differences between them. When we’re talking about cryptocurrency vs. stocks, there is a big difference in how they are traded. Cryptocurrency can be bought at a cryptocurrency exchange, whereas you can buy stocks at the stock exchange. Of course, there are differences in the exchanges and opening hours, as previously described.  Normally, the crypto market is more volatile than the stock market. However, the stock market is also subject to volatility due…

DigiThree Labs Joins Hands with LCX Exchange

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In an effort to increase the security of users, DigiThree Labs and LCX recently announced a collaboration. Both companies have partnered to provide a formal Proof-of-Concept agreement. Q4 2021 volumes have gone up or down and how much? According to the details shared by LCX, the new partnership will enhance user security and will eventually play an important role in the growth of the digital asset ecosystem. Founded in 2018, LCX is a regulated platform for buying and selling of digital currencies. LCX highlighted the importance of a secure and…

Digital Asset Exchange Crypto.com Rolls Out Support for Six Low-Cap Altcoins, Spurring Multiple Rallies

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Crypto exchange giant Crypto.com is expanding its app roster by adding half a dozen up-and-coming altcoins. The app announced its latest listing of play-to-earn metaverse token Merit Circle (MC), joining the marketplace’s more than 250 cryptocurrencies and stablecoins. The decentralized autonomous organization gives voting rights to all MC holders, and players have access to over two dozen games. Merit Circle has surged upward in two waves after the listing announcement, rising by 14.3% from $2.30 to a high of $2.63. MC is up 11.25% on the day and trading for…

Trader Who Correctly Called Historic Bitcoin Crash Updates Outlook on Top Cryptocurrency

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A seasoned trader known in crypto circles for correctly predicting Bitcoin’s massive 2018 meltdown says BTC is actually in a “historical bull market” despite trading in a wide range for months. In a new interview with StockCharts, Brandt says Bitcoin is currently taking a breather after crypto assets surged by around 17 times since the crash of March 2020 that was triggered by the Covid-19 pandemic. “You know Bitcoin is in a big trading range. It’s in a very historical bull market, an incredible market. I’ve traded for 47 years,…

Korean crypto exchanges are now in compliance with the Travel Rule

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South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure. Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be restricted to user-verified wallets and a select number of exchanges that have adopted their anti-money laundering system. The Travel Rule is a set of guidelines issued by the international financial watchdog Financial Action Task Force (FATF) designed to help authorities track…

Ethereum (ETH) Disappearing From Exchanges As ETH 2.0 Deposits Accelerate: Santiment

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A leading crypto analytics firm says that Ethereum (ETH) has been moving off exchanges since late February. In a new blog post, Santiment says that the exchange outflow should help reduce sell-pressure for ETH, which just cracked above $3,000 this week. “ETH saw an acceleration in Supply on Exchange in early Feb 2022, which quite evidently reflected its sell pressure through February. However, since late Feb, we are starting to see a continued outflow and it’s still ongoing for now, which should help alleviate sell pressure.” Ethereum is trading at…

How to invest in cryptocurrency

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In today’s reality, cryptocurrency has become the epicenter of many people’s asset investments. Despite this, most of the people who have heard about investment processes, bitcoins and other things still doubt and are afraid to invest in cryptocurrency. The main reason is the lack of knowledge in this area.  People simply don’t know how to invest in cryptocurrencies. The good news is that its process is not as complicated as it seems and you can get involved in it with minimal costs. Since cryptocurrencies are not currently regulated, the process…

Fidelity Lists Bitcoin ETPs at SIX Swiss Exchange

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Fidelity Exchange Traded Products GmbH has listed two new Bitcoin ETPs in US Dollar and Swiss Franc at SIX Swiss Exchange today, the platform confirmed in a press release. With the addition of new Bitcoin ETPs, investors now have the option to access 208 products based on 18 digital currencies. Q4 2021 volumes have gone up or down and how much? The latest listing by Fidelity at the SIX Swiss Exchange brought the total number of crypto ETP issuers to 10. Moreover, the number of tradeable crypto ETPs reached 133.…

Japanese crypto exchange Coincheck eyes Nasdaq listing after $1.25B SPAC deal

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Coincheck Inc., a Japan-based crypto exchange with over 1.5 million verified customers, is eyeing Nasdaq listing after a special purpose acquisition company (SPAC) merger with Thunder Bridge Capital Partners IV, Inc. The combined holding company would be called Coincheck Group, N.V and is expected to list on Nasdaq after finalization of the deal by the second quarter of 2022 with the ticker symbol CNCK. SPACs are publicly traded corporations that do not conduct business. They sell their stock to the public to obtain funding for the future acquisition of a private…