crypto trading

Bitcoin price drops nearly 10% in 24 hours, dips below $60,000

Quick Take The price of bitcoin has declined nearly 10% in the last 24 hours. It fell below $59,000 but has since rebounded slightly. advertisement The price of bitcoin has declined nearly 10% in the last 24 hours, dipping significantly below $60,000 before bouncing back. The drop seems to be triggered by the infrastructure bill signed by U.S. President Joe Biden yesterday, Darius Sit, co-founder of crypto trading firm QCP Capital told The Block. The bill includes tax reporting provisions that require crypto exchanges to report information to both the

LBank Exchange Will List LMCSWAP on November 15, 2021

press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will

Crypto ETP Provider ETC Group Crosses $2 Billion Worth of AUM

ETC Group, a provider of institutional-grade digital asset-back securities, now has more than $2 billion worth of crypto assets under management (AUM). The company achieved the milestone for the first time in its history.ETC Group’s Bitcoin ETP alone accounts for more than $1.6 billion worth of AUM. In the last 10 months, the overall value of ETC Group’s AUM increased sharply due to a surge in the popularity of crypto trading products.As part of its expansion plan, ETC Group recently hired ETF expert Tim Bevan as co-CEO, Julian Kelly as

U.S. Banks Entering Cryptocurrency Adds Real Legitimacy To The Industry

The United States government is once again adding more legitimacy and credibility to the rapidly growing cryptocurrency industry. This is through clear regulations that will further incorporate the sector into the country’s financial system and economy. Sponsored Sponsored In an interview with Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corp. (FDIC), said that banks must be allowed to hold crypto on their balance sheets, provide custodial accounts in digital assets and facilitate crypto trading for clients. Thus, demonstrating the rapid rise of digital assets this year. In addition to

Burger King partners with Robinhood Crypto to give away cryptocurrencies.

According to a press release, fast-food chain Burger King is partnering with Robinhood Crypto to give away a range of cryptocurrencies. The rewards on offer are 20 bitcoin, around $1.17 million, 200 ether $800,000, and 2 million Dogecoin ($472,000). The odds of winning a bitcoin prize, according to the release, are 100,011 to 1. Earlier, Robinhood reported a 35 percent yearly surge in its revenue. The cryptocurrencies will be given away to Burger King’s Royal Perks members. The cryptocurrencies will be given away to Burger King’s Royal Perks members, a

Crypto Job Hiring Sees Huge Demand as Industry Grows

The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

Phemex: Trade simply and manage risks efficiently

The Phemex exchange was founded in 2019 by a group of experienced Wall Street executives who wanted to build a professional and transparent crypto trading platform with a customer-centric approach. Phemex empowers its users to access the right set of tools in order to manage risks associated with trading crypto. The Phemex Story The team chose the name Phemex in order to highlight their dedication to building a trustworthy trading platform. Pheme is the Greek god of fame which represents the public voice, while MEX stands for mercantile exchange. Together,

Steve Cohen Invests in Crypto Trading Firm Radkl

The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

BIC’s Video News Show: Robinhood IPO

In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

What is Star Atlas? (POLIS & ATLAS)

Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a