Popular trading platform Robinhood unveiled on Thursday the launch of crypto transfers. The new feature will allow Robinhood users to send and receive Bitcoin and a plethora of other supported cryptocurrencies directly on the blockchain.
Binance, the world’s largest cryptocurrency trading platform, announced on Wednesday a special promotion to commemorate its fifth anniversary. According to the official statement, Binance is eliminating trading fees on thirteen Bitcoin trading pairs. The full list of stablecoin and fiat currency trading pairs eligible for zero trading fees includes:
The Bank for International Settlements (BIS), a global central bank governing body, is seemingly getting ready to welcome Bitcoin (BTC) and other cryptocurrencies into the reserve assets fold, by allowing banks to keep up to one percent of their reserves in digital currencies.
It is critical to determine which token will reign next in the crypto market. Bitcoin(BTC), Litecoin(LTC) and RoboApe (RBA) are all trying great choices, and according to most crypto experts, their prices are expected to rise significantly this year despite the bearish market we’re experiencing.
It’s not hard to see why crypto betting has become a popular way to wager on sports events and casino gaming. The proliferation of newly launched crypto casinos hasn’t arrived out of nowhere; there has been considerable publicity gained by the sites that went before them, with the improved anonymity, better offers and greater versatility of crypto betting sites a definite selling point.
On Thursday, the US Securities and Exchange Commission (SEC) announced it rejected Grayscale’s Bitcoin exchange traded fund (ETF) application over concerns of potential price manipulation and the lack of investors’ protection.
Three Arrows Capital (3AC), a major cryptocurrency hedge fund and venture capital investor, has been hit particularly hard by the recent crypto downturn. The firm was heavily invested in Terra before the ecosystem’s monumental collapse earlier this year. In addition, the fund’s positions on a number of digital trading platforms – including FTX, Derebit, BlockFi, Genesis, and BitMEX – were recently closed and collateral liquidated.
Key takeaways: Margin trading is a leverage trading strategy used by experienced traders in both traditional and crypto markets to maximize profits Binance Margin allows traders to increase their purchasing power, diversify their portfolio, hedge against the market, and increase potential profits Binance Margin is loved by many experienced traders because it offers several advantages,…
ProShares, the Maryland-headquartered issuer of exchange-traded funds (ETFs), is launching the first short Bitcoin-linked ETF in the United States. As the name suggests, the ProShares Short Bitcoin Strategy ETF (BITI) will let traders pursue investment opportunities pertaining to Bitcoin’s negative price movements.