Markets

CoinspeakerBitstamp to Expand Derivatives Trading in Europe amid Fundraise Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. Bitstamp to Expand Derivatives Trading in Europe amid Fundraise

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...

Cardano (ADA) has shown promising indications of growth in Q2 despite lackluster market activity. Emerging infrastructure such as stablecoins, programming languages, and wallets are helping Cardano developers to craft advanced applications enriched with enhanced user experiences, according to a new report by Messari. The blockchain intelligence platform reported that the Cardano ecosystem has managed to diversify with newer protocols that have contributed significantly to...

Several top meme coins have dropped significantly over the weekend, with Shiba Inu one of the worst affected, down 4.69% in 24 hours. Other high-value meme coins are also down in the last seven days, with Dogecoin and Pepe down 6% and 10%, respectively. However, newer low-cap meme coins have pushed ahead unfazed, with Shibie Coin and Wall Street Memes leading the way amongst the next generation of viral crypto assets. Shiba Inu Loses Its Recent Gains Amid Bearish Market...

CoinspeakerBerkshire Hathaway Shares Up 2% after Impressive Q2 2023 Report Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments. Berkshire Hathaway Shares Up 2% after Impressive Q2 2023 Report

CoinspeakerHua Hong Shares Up 13% Following Public Debut Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.  Hua Hong Shares Up 13% Following Public Debut

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

Cameron Winklevoss – one half of the Winklevoss Twins who run the Gemini crypto exchange in New York – is confident bitcoin is about to burst out of its shell and reach a new bullish peak nobody is prepared for. Cameron Winklevoss on the Future of BTC’s Price At the end of June, the price of bitcoin rose beyond $31,000. This is the highest bitcoin’s been all year, and certainly higher than where it was for most of 2022, arguably the most bearish period on record...

Lawyers for Coinbase Global asked a U.S. judge Friday to dismiss a suit by the Securities and Exchange Commission. They brought the arguments to back up their request. Coinbase lawyers ask judge to dismiss SEC lawsuit The SEC lawsuit filed June 6, alleges the crypto exchange is an unregistered securities broker and exchange. In the motion to dismiss the suit, Coinbase says: “The SEC misreads Howey in asserting that a ‘scheme’ without a contractual undertaking will suffice.”...

El Salvador is really gaining traction as a leading bitcoin haven. El Salvador was Smart to Implement Bitcoin Not long ago, professional surfer Kelly Slater commented on social media: The government has really put an emphasis on surfing (and bitcoin). A crypto winter and bear market were both responsible for bitcoin shedding quite a bit of value in 2022, and while we’re not entirely out of the woods yet, El Salvador continues to gain a lot of talent and business...