Tag: Exchange

Crypto Exchange Coinbase Mostly Loses Motion to Dismiss a Class Action

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A group of Coinbase shareholders sued the exchange in 2022, alleging the exchange “made materially false and misleading statements” about its operations and risk of regulatory action. United States District Judge Brian Martinotti, of the District of New Jersey, ruled Thursday that while the plaintiffs had a plausible case that Coinbase acted “negligently” when it came to regulatory action (the SEC did, in fact, sue Coinbase), they did not bring a plausible case for most of the allegations. Source

Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full Indonesian PFAK License From Bappebti

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin reaches $55k as exchange net flows plunge

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Bitcoin is back to the psychological $55,000 zone amid declining on-chain activity on exchanges. Bitcoin (BTC) is up 0.9% in the past 24 hours and is trading at $55,000 at the time of writing. The leading cryptocurrency briefly fell to an intraday low of $53,650 on Sept. 8 as bearish sentiment dominated the crypto market. Bitcoin price, RSI and exchange activity – Sept. 9 | Source: Santiment Moreover, BTC’s daily trading volume increased by 33%, reaching $22 billion. According to data provided by Santiment, Bitcoin witnessed a daily exchange inflow…

Crypto Exchange Woo X Introduces Copy Trading, With a Twist

However, the existing model required recalibration, according to Woo X COO Willy Chuang, such that lead traders don’t just profit from exchange fees or other misaligned incentives. Another improvement was finding a way to reduce the consistent pressure on lead traders to always outperform, which prompted Woo X to add the flexibility of a countertrade option. Source

Moscow Exchange Opts out of Russia’s Crypto Trading Program

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The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of a legislative package to legalize digital currencies, allowing exchange trading under the oversight of the […] Source

Bitcoin falls below $54k, exchange inflows increase

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The Bitcoin price and the broader crypto market have struggled over the past two weeks. With further price declines, investors have started moving funds into the exchanges. Bitcoin (BTC) plunged to a one-month low of around $53,000 on Sept. 6, bringing strong bearish momentum to the cryptocurrency market. BTC and altcoins saw over $295 million in liquidations a day later.  The Bitcoin price recorded mild gains again that helped the global crypto market cap surpass the $2 trillion mark. BTC is up by 0.25% in the past 24 hours and…

Pot Gets Stirred As New Meme Gem Prepares For Tier-1 Exchange Launch

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Este artículo también está disponible en español. Mpeppe (MPEPE) is stirring up the pot, standing tall next to giants like Dogecoin (DOGE) and Shiba Inu (SHIB). With an impending Tier-1 exchange launch, Mpeppe (MPEPE) is preparing to reshape the meme coin landscape, leveraging its innovative model of wealth creation and community-driven projects. The question on everyone’s mind is: will Mpeppe (MPEPE) become the next big player in the meme coin world? Mpeppe (MPEPE)’s Unique Approach: More Than Just a Meme Coin At its core, Mpeppe (MPEPE) is more than just…

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

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Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.” The project is a ZK rollup, one of the two main types of rollup solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. ZK rollups run computations off the chain and then…

Solana Struggles To Hit $140, Leaving Mpeppe’s $1 Dream Open For Debate After Tier-1 Exchange Listing Approaching

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Este artículo también está disponible en español. Solana (SOL) has been struggling to maintain its momentum, with the token facing significant market volatility as it battles to reach the $140 mark. Investors who once celebrated Solana’s scalability and speed now find themselves concerned about the future of the coin as its price continues to face challenges. At the same time, Mpeppe (MPEPE) is gaining significant attention with its upcoming listing on tier-1 exchanges, sparking debate about whether it could reach the elusive $1 mark. Solana’s Volatility and Struggles to Hit…

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […] Source CryptoX Portal