Bookmarking Crypto Insights
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The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer … Read more
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. Go to Source
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests. Go to Source Powered by WPeMatico
Amid regulatory uncertainty, the approval has been seen as a small win for the U.S. crypto market and institutional investors. Go to Source Powered by WPeMatico
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Go to Source Powered by WPeMatico
Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. Go to Source Powered by WPeMatico
On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover. Go to Source Powered by WPeMatico
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an independent examiner to investigate the FTX Chapter 11 bankruptcy proceedings. The U.S. Trustee explained in the letter that FTX’s collapse was comparable to complex bankruptcy cases like Lehman’s, Washington Mutual Bank’s, … Read more
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies. Go to Source Powered by WPeMatico
Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage. Go to Source Powered by WPeMatico
