Page 15 - Crypto Trading

Bitcoin sags after its longest streak of monthly gains since 2021

The token slid as much as 3.6% and was trading at $28,504 as of 6:40 a.m. in New York. Smaller coins such as Ether and Solana also retreated, as did an index of the top 100 digital assets

Crypto exchange CoinDCX releases proof of reserve for January-March 2023

As of March 24, 2023, CoinDCX has reserves of 199.4 million tether (USDT) against the liabilities in 198.5 million tether (USDT)

Regulating crypto without global consensus will not be effective: FM

Underlining that global consensus is necessary for regulation of crypto, before India makes any move on it, Union Finance Minister Nirmala Sitharaman on Sunday said a global template may have to be created, and everyone will have to work together on it, otherwise regulating it will not be effective. The Minister, however, said it does not mean controlling of 'distributed ledger technology', which has its goodness and potential. "The G20 of which the India is currently holding the Presidency, it was India's proposal and it has been taken on board, I'm glad that the G20 has kept it in its agenda for this year, the IMF has given a paper on crypto currency and the way it can affect the macroeconomic stability. The Financial Stability Board (FSB), which was set up by G20, has agreed to give a report that will also focus on financial stability," Sitharaman said. "Their (FSB) report and IMF's report are going to be discussed in July when Finance Ministers and Central Bank Governors will .

SVB still seeing outflows after first citizens takeover, FT says

First Citizens' stock has risen more than 77% since the takeover, with its price hitting a record last week

FTX crypto exchange restart plan draws possible bid From tribe capital

Founded in 2018, Tribe was a venture investor in both FTX, the international exchange, and FTX US, the American entity

Bitcoin stalls near $30,000 after the token's biggest drop in over a month

Recent economic data have helped to firm bets on a quarter-point Fed rate hike in May while tempering projections for subsequent policy easing

Twitter partners with Israeli company, users can soon trade stocks, crypto

Twitter has partnered with Israel-based social trading company eToro, which will allow users to access stocks, cryptocurrencies and other financial assets

Crypto exchange Binance temporarily suspends all spot trading

According to Arcane Research, the world's largest crypto exchange has also increased its market share of Bitcoin spot volume to over 90 per cent in recent quarters, because of zero commission

Binance halts deposits, withdrawals after technical glitches: CEO Zhao

"Engine 1 is back online. Still need more time to do reconciliations, and for other engines to catch up," Zhao said in a subsequent tweet

Unbacked crypto assets pose financial and fiscal risks, warns IMF

The paper was presented to the G20 finance ministers and central bank governors in February in Bengaluru, and was made public on Monday

Billions worth of crypto trades at risk as shutdown of 3 banks takes toll

On Sunday, regulators in New York closed Signature Bank. As of March 8, the bank still held $16.5 billion in crypto-related deposits

Crypto wrap: Silvergate fallout pulls market down, Bitcoin at two-week low

Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Crypto wrap: 'Surprise rally' in crypto market on US inflation data

The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%

Binance moved $400 mn from US partner to firm managed by CEO Zhao

Over the first 3 months of 2021, more than $400 mn flowed from the Binance.US account at California-based Silvergate Bank to this trading firm, Merit Peak Ltd, according to records for the quarter

Indian crypto exchange WazirX moves funds after Binance cuts off service

Binance said it provided Zanmai wallet services "only as a tech solution for their operations of the WazirX exchange"

Economic Survey flags concerns on Crypto, pushes for global regulation

Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus

Bitcoin barrels toward historic January as crypto market jumps by $280 bn

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing

Crypto firms go out of business as cryptocurrency collapse continues

Company officials blame the failure on the low liquidity of the crypto market caused by last November's collapse of FTX, and other abnormal developments in the industry in recent months

Signature Bank pulls back from crypto transactions below $100,000: Binance

The shift comes after the Federal Deposit Insurance Corporation warned of crypto-asset risks