Derivatives data shows Bitcoin whales added to their leveraged positions after BTC price topped out at $42,600.
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
VGX, LUNA and PERP saw double-digit gains even as Bitcoin’s momentum slumps and bulls fight to hold the $38,000 level.2115
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote.3683
Certain members of Congress want assurances that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules.2127
FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.”1552
Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore.6463
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings, which include markets like lending and DeFi.4619
Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle.5319
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020.14585
Bitcoin price has hit a few barriers but many altcoins appear positioned for continuation.23554
- Brad Garlinghouse's lawyers file request for Binance documents in 'international' challenge to SEC lawsuit
"The offers and sales that the SEC challenges did not occur in this country and are not subject to the law that the SEC has invoked in this case," said the legal team.13788
Ether risks bearish exposure as ETH’s price rises against falling volumes, but three crucial on-chain indicators suggest a dissenting scenario.15574
Sources claim that several mid-sized crypto exchanges in South Korea will be unable to get approval from the FSC.24539
Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance.39838
The crypto exchange has been served with a notice to stop offering its services in the country.85063