Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users

Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and the generally friendly landscape for cryptocurrencies. Support … Read more

Binance Resumes Offering Futures Trading Products to South African Users

One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users, Binance suggested it has rectified issues with the regional regulator and that its activities in South Africa are now above board. Products Offered Unchanged Almost … Read more

Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind

While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues as Accessibility Broadens With the first Proshares bitcoin exchange-traded fund (ETF) with ticker BITO opening … Read more

Indonesia’s Futures Regulator Issues New Rules for Crypto Assets

Indonesia’s Futures Exchange Supervisory Board (Bappebti) has announced new regulations on the implementation of physical markets for crypto assets in futures trading. The rules focus on good governance for cryptocurrency tradèrs, legal certainty and consumer protection. They will also require the regulator to establish a physical market for futures trading in virtual currencies. Also read: Crypto … Read more

Okex Socializes Loss From Over $400 Million Bet Among BTC Futures Traders

Anyone getting involved with leveraged trading must assume upon themselves the risks associated with the potentially highly rewarding practice. A recent event should remind traders that, sometimes, even when the trade goes your way, you can still take a hit. Okex socialized one trader’s massive loss on BTC futures with a clawback. Also Read: The … Read more

Indonesia to Regulate Cryptocurrencies as Commodities

Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation. Also read: Crypto … Read more

UK Firm Launches Ethereum Futures Trading

Ever since Bitcoin futures contracts became a thing, people have been wondering when other currencies would receive a similar treatment. Although that is not a straightforward process, some progress has been made where Ethereum is concerned. Crypto Facilities, a UK-based trading platform, has begun offering ETH/USD futures. Ethereum Futures Have Arrived With so many people … Read more

The Satoshi Revolution – Chapter 3: Wall Streeting Bitcoin (Part 5)

The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Wall Streeting Bitcoin (Chapter 3, Part 5) Bitcoin was supposed to demonstrate the power of a true free market. Instead it’s full of scams, rent-seekers, theft, useless for real purchases…. … Read more