An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.” An Alameda Trader’s ‘Fat Fingers’ Triggered a Flash Crash on … [Read more...]
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on platforms that are licensed,” … [Read more...]
TEE Token: The New Paradigm in Cryptocurrency Trading
Introduction Exciting news for the crypto community—TEE Token has now been listed on the LBank Exchange! In a world grappling with the complexity and volatility of the cryptocurrency market, the Guarantee Token Team proudly unveils TEE Token. Crafted to defy conventional paradigms, TEE Token pioneers a coin ecosystem centered on generating consistent profits from trading … [Read more...]
Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience
Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.” According to Uzoma James, Yellow Card’s West Africa regional manager, the partnership is expected to “make crypto trading … [Read more...]
Bybit Introduces Tradegpt: AI-Powered Chatbot Offers Real-Time Crypto Market Data, Trading Tips
Dubai’s Bybit cryptocurrency exchange has unveiled an artificial intelligence (AI)-powered instrument named Tradegpt. The new chatbot can scrutinize the exchange’s existing market data and offer an in-depth price evaluation by employing bitcoin’s current metrics as an example. Furthermore, the Bybit chatbot can recommend apt trading approaches for that … [Read more...]
Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000
Bitcoin started the weekend trading below the $ 26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $ 28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin Bitcoin continued to trend lower on Saturday, as the bears were once again in … [Read more...]
Coinbase Debuts Paypal’s PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase, the prominent cryptocurrency exchange headquartered in San Francisco, has incorporated … [Read more...]
Nigerian Crypto Trading Platform Unilaterally Converts User Funds to New Stablecoin — Move Sparks Exit Scam Fears
A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto trading platform’s unilateral decision to convert customer funds. Some critics have characterized the conversion of user funds as the … [Read more...]
Revolutionizing Crypto Trading: KyberSwap Introduces KyberAI – The Leading AI-Driven Crypto Trading Tool
KyberSwap, a leading decentralized exchange has unveiled KyberAI, a suite of AI-powered crypto tools poised to reshape how traders navigate the dynamic landscape of decentralized finance. KyberAI was developed to address the pressing need for predictive insights in the crypto market, offering bullish and bearish ratings for over 4000 tokens. By seamlessly amalgamating on-chain … [Read more...]
Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000
Bitcoin dropped below the $ 29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is expected to climb to a reading of 46.8. Ethereum fell to a five-week low. Bitcoin Bitcoin (BTC) slipped below the $ 29,000 level … [Read more...]
ATPBot Launches the Easiest Automated Crypto Trading Bot for Investors
PRESS RELEASE. ATPBot, the renowned leader in quantitative trading strategy development, proudly introduces its revolutionary auto trading bot to the cryptocurrency market. This cutting-edge bot boasts a user-friendly interface and a proven set of features, designed to cater to both novice and seasoned traders alike. ATPBot leverages the power of artificial intelligence to … [Read more...]
Copy Trading Has ‘Disrupted the Crypto Industry’ Says Bitget’s Gracy Chen
Copy trading has disrupted the crypto industry and is increasingly the trading strategy preferred by less experienced traders says Gracy Chen, managing director of the crypto trading platform Bitget. While copy trading is gaining popularity globally, traders and prospective users from Africa appear more interested in the strategy than those from other regions. Africa-Based … [Read more...]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Volatile Week of Trading
Bitcoin consolidated around the $ 30,000 level to start the weekend, as traders attempted to find a firm price floor on Saturday. The market has been volatile during the past week, as recent winners took profits, following the XRP-related bull run. Ethereum remained below $ 1,900 on Saturday. Bitcoin Bitcoin (BTC) started the weekend trading close to the $ 30,000 level, as … [Read more...]
ATPBot Launched a Real AI Quantitative Trading Bot
press release PRESS RELEASE. Recently, ATPBot, the first truly quantitative trading bot, announced that it can now connect to the Binance API for trading, providing users with more opportunities to trade cryptocurrencies. By registering ATPBot, connect to Binance Exchange, enter your investment amount and earn income. Users can experience an unparalleled trading … [Read more...]
Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, for allegedly … [Read more...]
