Tag: Trading

XRP tops Bitcoin on Upbit with $2.6B in trading volume in 24 hours

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The trading volume of XRP tokens on the South Korean crypto exchange Upbit has surpassed that of Bitcoin (BTC) in the past 24 hours. The XRP/KRW trading pair saw $2.6 billion in trading volume in the last 24 hours owing to Ripple’s partial win against the United States Securities and Exchange (SEC) Commission in its long-drawn court battle. The buying frenzy for XRP saw the token account for 46% of all trading volume on Upbit followed by Bitcoin with just 5% of the total share. XRP token led the bullish…

XRP tops Bitcoin on Upbit with $2.6B of trading volume in 24 hours

Trading volume of XRP (XRP) tokens on the South Korean crypto exchange Upbit has surpassed Bitcoin (BTC) in the past 24 hours. The XRP/KRW trading pair saw $2.6 billion in trading volume in the last 24 hours following Ripple’s partial win against the United States Securities and Exchange Commission (SEC) in its long-running court battle. The XRP buying frenzy saw the token account for 46% of all trading volume on Upbit, followed by Bitcoin with just 5% of the total share. XRP led the bullish momentum in the crypto market…

Digitex Founder Ordered to Pay $16M to Resolve U.S. CFTC Action, Banned From Trading

“This order resolves yet another action against an individual and digital asset exchange illegally offering futures contracts to U.S. customers,” said Ian McGinley, the CFTC’s enforcement director, in a statement. He noted the court also found that Todd had “attempted to manipulate Digitex’s native utility token, DGTX, by allegedly ‘pumping’ the token’s price through the use of a computerized bot.” Source

GMX popular in DEX trading but this token likely to take over DeFi

In 2023, the market capitalization of the global cryptocurrency industry reached $1.2 trillion, which exceeded expectations considering the regulatory challenges faced by many crypto platforms in the previous year. Despite these challenges, there remains a sustained level of interest in cryptocurrencies. GMX has been rapidly growing in recent months. DigiToads has also gained attention as an altcoin with potential in 2023 due to its hybrid decentralized finance (DeFi) model that provides users various avenues to generate residual income. DigiToads presale tracked by investors in 2023 DigiToads is a cryptocurrency project that…

Binance advises Dutch customers to use licensed local trading partner, Coinmerce

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Due to regulatory concerns, Binance is leaving The Netherlands. As an alternative option for trading needs, Binance has recommended that its customers in the country use Coinmerce. Binance issues Coinmerce notice Binance customers in The Netherlands reported on July 6 that they had been advised by the platform to use Coinmerce for their crypto trading needs. Coinmerce is a crypto exchange, one of the few platforms that Dutch authorities have registered. “Over the coming days, you will receive…

AI Crypto Trading Bots Are the New ‘Edge’

Some traders, for example, swear by using chart patterns such as “head and shoulders,” which looks like a small hill on the left, then a big hill in the middle, then another small hill on the right. The theory is that this is bearish and a potential signal to sell. (You’d also look at many other factors, of course.) The AI bot could scour every single cryptocurrency — and every trading pair, not just BTC/USD but more exotic ones like SOL/BTC — at every second around the clock, hunting for…

Exploring tools like ChatGPT in crypto trading and how investors can ride the AI wave via Fetch and InQubeta presale

Artificial Intelligence (AI) has rapidly transformed various industries, and crypto trading is no exception. AI-powered tools and technologies have the potential to revolutionize the way traders analyze market trends, make informed decisions, and maximize their profits.  We will explore the power of AI tools, such as ChatGPT, in crypto trading and highlight two cryptocurrencies, fetch (FET) and inqubeta (QUBE), that leverage AI to create opportunities investors can consider. AI tools in crypto trading AI tools like ChatGPT have emerged as invaluable resources for crypto traders. They harness the power of…

CEX crypto trading hits $2.7T in June amid SEC lawsuits, BlackRock Bitcoin ETF filing

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The combined spot and derivatives trading volume on centralized exchanges (CEXs) climbed 14.2% in June to $2.71 trillion, according to CCData’s monthly exchange report. Binance, Binance.US and Coinbase all saw their market share decline in the past month. As per the report, the first rise in trading volume in three months was backed by BlackRock’s exchange-traded fund (ETF) filing and regulators’ complaints against crypto exchanges Binance and Coinbase in the United States. Binance saw a surge in withdrawals following the Securities and Exchange Commission (SEC) lawsuit on June 5. As…