The regulator claims Kraken accepted client trades and funds. Kraken was the sole margin provider and held all client assets physically. The CFTC fined crypto exchange Kraken $1.25 million for illegally offering some products. Between June 2020 and July 2021, Kraken, fined for facilitating margined retail commodity transactions in digital
Jamie Dimon, mentions that Bitcoin’s price may double in five years. Coinbase will also allow customers to deposit paychecks directly in crypto. This month has been a crypto high tide. Consequently, netizens expect a riskier September than usual. Industry insiders are unconcerned about the Chinese crackdown and the US infrastructure
Ukraine has passed legislation regulating cryptocurrency. The government is optimistic about the crypto economy’s growth. Ukraine is the sixth nation in recent weeks to set regulations for the cryptocurrency industry. Thus, indicating that governments worldwide recognize bitcoin’s permanence. The Ukrainian Parliament voted almost unanimously in September to legalize and regulate
Bitcoin owners and investors have a diverse portfolio. 20% of urban Indians in the top four metros hold bitcoin. According to Survey by Kantar, 83 percent of urban Indians are aware of bitcoin, and 16% possess it. The study shows that bitcoin sentiment is volatile, with tweets or news on
A popular cryptocurrency exchange just added Cosmos. Cosmos is termed as ‘Blockchain 3.0’. Some in the crypto sector are worried about the amount of fragmentation in blockchain networks. Moreover, there are hundreds, yet few can converse. Furthermore, This is something that Cosmos hopes to alter by making it accessible. Cosmos
Despite a long wait, finally WallStreetBets enters into the cryptocurrency industry. Discussions to be mainly focused on Bitcoin (BTC), Ethereum (ETH) and other prominent coins. Discussions regarding scams, predictions and crypto fanning are not allowed. Even a random novice into the stock market industry will be knowing the WallStreetBets! The
GoldFinX (GIX) has skyrocketed to 1674% within a day. The platform uses the concept of Contract mining. The new partner of GoldFinX is Sanctum Global Ventures. Expanding the network with new partnerships is playing a vital role in the crypto market. Users are attracted to the updates when it regards
IoTeX has been up 36.59% in the last 24 hours. It enabled EVM-based Dapps to grow without worrying about gas costs. IoTeX, headquartered in Singapore, hopes to dig into the enormous market for “smart” gadgets with its secure blockchain network. The IoTeX concept relies on the gadgets’ massive quantities of
This brings together global telephony and blockchain technologies. Cardano’s parent firm, Input Output, announced it collaborated with Chainlink. Cardano is rising in the world cryptocurrency. The blockchain community believes it has potential. According to CoinMarketCap, ADA is the third-largest cryptocurrency by market capitalization. Following such positive days, Cardano founder and
Despite the odds, the Altcoin space has done well. Bitcoin has recently gained widespread recognition and popular usage. This year, the crypto market had a wild ride from the Bull Run to the Evergrande disaster and FUD. The charts have swung. Professional traders, however, are experts. And await the fourth-quarter
