Key takeaways: The New York State Department of Financial Services (NYDFS) has imposed a $30 million fine on Robinhood’s crypto division According to the NYDFS, Robinhood did not adequately comply with the state’s anti-money laundering and cybersecurity regulations Robinhood will also have to hire an independent consultant who will thoroughly evaluate the company’s compliance measures…
Key Takeaways The World Series of Trading (WSOT) competition records massive success in terms of participants and prize money Traders gained profits as high as 10,000% and the prize pool was up to $8 Million Bybit continues to partner with UNICEF for the event, donating up to $40,000 for STEAM education program targeted at a…
It’s no secret we’re in the middle of a cryptocurrency bear market. Anyone who’s still clutching to their coins has seen their portfolio nosedive double digits in the past few months. But now is not the time to “take your ball and go home.” No, it’s the time to set yourself up for the next bull market — wherever that may be.
Nexo now supports the Optimism (OP) token Cryptocurrency lending platform Nexo now supports Optimism’s OP token on a wide selection of its services. Nexo users can now purchase OP tokens with their debit or credit cards with 0% fees for a limited time, or trade OP across 6 different trading pairs. OP swaps on Nexo…
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.
Futures are a type of financial derivatives that oblige parties to buy or sell a specific commodity, asset, or security at a predetermined future date for a set price. Since the financial contract allows investors to make a profit regardless of the way the market prices move, it is not surprising that futures are one of the most popular investment instruments, both in traditional finance and in crypto.
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,…
While most people have genuinely not seen sense in early investment, a reward comes with a good investment in the long term. If you start to invest early enough, you have a great future set up for you as soon as you retire.
When Bitcoin first appeared in 2009, it was full of mysteries. For one, few people understood how it worked. Secondly, banks and governments were afraid it would replace fiat currencies.