Huobi DM Whacks USD $20 Billion Worth Trading Volume, Despite Crypto Winter

Despite looking at the current bear market, the digital asset trading service at Huobi, also familiar as Huobi Derivative Market “Huobi DM” counts its trading volume rising USD $20 billion. This milestone faced nearly 15 days following Huobi DM rack up its initial USD $10 billion with respect to trading volume during its first operational…

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Thailand Stock Exchange Applies for Digital License for Crypto Trading

Thailand is rapidly becoming one of the most crypto friendly nations in Southeast Asia despite still being in the grips of a military dictatorship. The Stock Exchange of Thailand (SET) has plans to apply for a digital license which will enable it to operate a cryptocurrency exchange. Thai Bourse Eyes Crypto The SET is keen…

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Denmark’s Tax Authorities to Gather Data about Crypto Traders, Clamps Down on Digital Asset Traders

The Danish Tax Agency, Skattestyrelsen, announced on January 14 via their website, that it will be gathering trader data from 3 digital currency exchanges including localbitcoins to guarantee that clients are fully paying the right taxes. Data about foreign citizens, companies and organizations will be shared with other nations. Skattestyrelsen declared it has been endowed…

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Have You Tried These Winning Tactics In Cryptocurrencies Trading?

Cryptocurrency trading is a rewarding venture to those who are patient enough to learn and discipline enough to manage funds. Trading requires consistency in strategizing and planning how to invest your money. Here we shall review five winning tactics in cryptocurrency trading. Before we jump right to the meat and bones of this article lets…

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Exchanges News: Huobi Trial Eos Exchange, Sharespost Facilitates Security Token Transaction

In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the…

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Beware of the BitMEX Trading bot Scam on Telegram

Even though Bitcoin has been around for over 10 years now, cryptocurrency scams are still claiming many victims. It is somewhat uncanny how easy it can be to trick people into giving up their credentials or funds in exchange for services they might not even need. One new scam is currently making the rounds, and…

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XRP’s tweet volume has a stronger correlation to its trading volume than Bitcoin [BTC] or Ethereum [ETH]

XRP community is one of the most active and passionate crypto-community in the space and according to data from “The Tie”, XRP’s Tweet volume is directly correlated to the Trade volume of XRP. In addition, XRP has the strongest correlation when compared to the dominant cryptocurrency, Bitcoin or Ethereum. The Tie tweeted: “Interesting look at…

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Crypto Trading Update: Another Pullback Paints Markets Red

FOMO Moments Another day, another pullback. Yesterday’s big $10 billion pump could not be sustained and markets have retreated again this Sunday. Total capitalization has sunk back below $130 billion as crypto assets fail to maintain momentum over the weekend. Bitcoin hit an intraday high of $3,960 twice but could not break resistance there. A…

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Turkish People Tend to Store Funds in Bitcoin Rather Than the National Currency

Even though the cryptocurrency market is a highly volatile field, Turkish investors prefer Bitcoin over the national currency, the lira. In autumn, trading volumes in Turkey alone rose by 37%, proving that Bitcoin’s popularity was not affected by the bear crypto market trend. Gross Inflation Grasped Turkey    Having peaked at over 25%, inflation in…

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Binance Ready to Open Trading of Two Pairs Using Ripple [XRP] as the Quote Currency

One of the largest cryptocurrency exchange, Binance has announced its intention to open trading on two pairs with XRP as a base token. The two pairs which would be added with Ripple XRP are Tron TRX and Zcoin XZC. The Ethereum trading market on Binance that groups the pair would be renamed to the ALTS…

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Crypto Market Nimble & Abounds with Pump-and-Dump Schemes, Research Reveals

Scammers were engineering the price of cryptocurrencies such as Bitcoin (BTC), Ripple (XRP) Ethereum (ETH) such that they could stump their holdings onto unforeseen traders at a much higher price, shows a new academic paper analysing the size of market invective in digital assets. Several researchers established around 4,818 known pump-and -pump efforts between the…

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HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders

The tax agency of the U.K published an exhaustive explanation of how it looks at digital assets plus how users will be taxed on their holdings, on Wednesday, December 19, 2018. Now, individuals who get crypto as a gift won’t pay the same taxes as those anticipating to accumulate money with them. The UK government…

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Japan’s Monex Group Launching Crypto Exchange in the US

Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. U.S. Expansion Tokyo Stock Exchange-listed Monex Group (8698.T) held a business strategy briefing session…

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There is a Chance of Bitcoin Falling to $3,000 Before Starting a Bull Run

The prolonged bear market has left traders with no hope at all. Now it is highly probable that the Bitcoin price will sink further and go down to $3,000 or even less. However, Bitcoin seems to resemble a lottery ticket and one never knows what it can bring. BTC Analysis    According to expert researchers,…

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Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

FOMO Moments The bears are still exerting their control over crypto markets as the downward slide continues. Total market capitalization has dropped back below $110 billion and is heading back towards a new yearly low. Bitcoin has failed to register any gains on the day and has sunk another 1.5% on the day to $3,450…

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Eye on the Prize – Nagezeni Lambo Giveaway will Entice You

Ending months of relative stability, crypto markets have rarely been as turbulent as they are now. Traders who are usually cool will now be panicking as the price of their investments fall. Bitcoin below US$4,000 is a scary proposition for those who’ve been in the market for a year or more. Altcoins, which were supposed…

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Trading Indicators: Exponential Moving Average (EMA)

What Is Exponential Moving Average (EMA)? Cryptocurrency trading requires logical patience and willingness to learn new things. Developing a profitable trading strategy demands knowledge of all the relevant trading tools users can leverage. Here we shall explore one of such tools, the Exponential Moving Average (EMA), a trading indicator. The exponential moving average (EMA) is…

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How Is Trading Cryptocurrency Different From Stocks and Forex?

The stocks markets are the largest market in the world. The cryptocurrency market, on the other hand, has a combined market capitalization of more than $136,083,600,469. Both of this two markets run all day and all night all year round and is accessible from every part of the world. The two markets employ millions of…

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UBS Pays $120,000 for

The Australian Securities and Investments Commission (ASIC) announced today that UBS Securities Australia Limited (UBS) has paid a penalty of AU$120,000 ($87,408) to comply with an infringement notice given by the Markets Disciplinary Panel (MDP), a peer review panel. The matter is in regards to a number of transactions relating to six on-market buy-backs on…

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XRP Ledger transaction volume surpasses total trading volume: Are the gears of Ripple’s xRapid’s liquidity pool moving?

Opinion: XRP has been one of the coins that has held its own in the recent brutal bear market, proving to have a much more healthier bounceback than many others in the top 10 cryptocurrencies. Even in the midst of the bear market, the coin has been able to prove its worth, taking the #2…

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