Market Update: Bears Claw Crypto Prices Below Long-Term Support

Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to … Read more

Appetite for Bitcoin Futures Is Growing

After all the fanfare, fevered anticipation, and breathless media coverage, Bakkt’s launch of bitcoin futures on Monday was a damp squib. Despite the rollout of physically delivered BTC futures going without a hitch, volumes were low, while the less said about bitcoin’s price in the aftermath, the better. Despite this inauspicious start, however, there is … Read more

The Changing Face of Cryptocurrency Trading in 2019

The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey for supremacy, launching new features and products designed to woo the competition and cement their … Read more

Binance Adds Margin as Exchange Competition Heats Up

This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid to give market leaders Bitmex and Deribit … Read more

Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin … Read more

The Number of Crypto Exchanges Offering Margin Has Multiplied

Until recently, Bitmex, Deribit and a handful of established exchanges were the only places where traders could get their leverage fix. This has now changed with the emergence of dozens of exchanges offering leverage and plenty more on their way. Binance and Kucoin – two platforms famed for driving this year’s other exchange trend, the … Read more

Kraken Launches Margin Trading for BCH Pairings

Kraken has launched margin trading for Bitcoin Cash pairings, now supporting leveraged trading for BCH/XBT, BCH/USD, and BCH/EUR markets. The exchange has also launched margin trading for XRP, now offering up to 5x leverage on XRP pairings. Also Read: Bitcoin Cash Mining Showcased at the Houston Rockets Game Kraken Launches Leverage Trading for Bitcoin Cash and … Read more

The Daily: Wall Street-Backed Crypto Futures, Market Manipulation as a Service

Cryptocurrency attracts a diverse crowd, from speculators to scammers, and from financiers to gamblers. These groups, and their often opposing aims, are what make the cryptoconomy such a strange yet compelling place. In today’s edition of The Daily, for instance, we’ve got stories pertaining to a Wall Street-funded futures exchange, another US platform ending its … Read more

Synthetic Bitcoin Is 100x More Lethal Than the Real Thing

Derivatives trading isn’t new, but it’s been enjoying a renaissance of late. As the cryptocurrency market has traded sideways, traders have upped the leverage and rushed to swap BTC derivatives that promise greater risk and reward. While platforms like Bitmex and Deribit have profited from the boom in synthetic assets, many traders have been left … Read more

P2P Cryptocurrency Lending Grows Increasingly Popular in China

China is reportedly witnessing a surge in peer-to-peer (P2P) cryptocurrency lending amid the country’s recent liquidity crunch and the virtual currency markets’ bear season. Despite regulatory uncertainty, entrepreneurs are reportedly eying opportunities in the nascent industry. Also Read: Theories Abound After BTC Leaps While Bitmex is Down Peer-to-Peer Cryptocurrency Lending Gains Popularity in China During Bear … Read more