Markets

Leading trading technology provider Mercury Digital Assets has unveiled its new BEACON OTC platform. The software is designed to provide several crypto markets – including ATMs and digital exchanges – with institutional services that will help them provide crypto derivatives and spot trading for customers. Mercury Digital Is a Leading OTC Provider Crypto has come a long way in the past several years. While initially traders could only invest in specific coins through...

ETH had seen a difficult weekend so far, unable to move away from the critical support at $2.5K. The overall crypto market sentiment is slightly bearish after Bitcoin got sharply rejected below $40K. Key Support levels: $2,560, $2,330 Key Resistance levels: $2,800, $3,000 Since ETH got rejected at the $3,000 resistance level, the price quickly dropped towards the key support at $2.5K. The latter was the daily low in the past three days – Friday, Saturday, and Sunday. So far...

The crypto market has become more and more popular in recent years, from which many traders have made huge profits. However, traders who are busy or just entering the crypto market usually have no time or no experience to trade. Therefore, Bexplus has launched Copy Trading to make it easier for novice or amateur traders to make money and learn the trading skills from the successful traders. In the meantime, it provides a channel for excellent traders to show themselves...

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced that it has secured an FSP from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective as of 07 February 2022. Following receipt of this FSP, SEBA Bank has opened an office in Abu Dhabi ADGM to strengthen support for its regional partners in the provision of regulated digital asset services. The FSP authorises SEBA Bank to conduct regulated activities in the...

Dappradar just released its February 2022 Dapp industry report and found steady activity across the blockchain and DeFi space in the face of bearish market conditions. Meanwhile, the NFT market appears to have entered a consolidation phase. A Quietly Growing Industry According to the report from DappRadar, interest from governments and financial institutions in web 3 technologies is on the rise. They are finding increasing use-cases for blockchain and various ways to embed it...

Bitcoin’s price has been declining over the past few days, almost reverting all gains from the past greenish week. In fact, Bitcoin lost over $6K over the past 3-days. However, there is a positive sign for the bulls: Despite the fear and uncertainty in the market, the divergence between the long-term holders (accumulating) and short-term holders (spending in loss) is much more significant in this crash compared to May 2021’s 50% drop. Technical Analysis By: Edris The Daily...

Scooter Braun – an American media mogul and the manager of Justin Bieber, Ariana Grande, and Demi Lovato – reportedly sold his luxurious property in Texas for $18.5 million worth of bitcoin. The deal marked the biggest cryptocurrency real estate transaction in the state’s history. A House in Exchange for Bitcoin Similar to other market niches, cryptocurrencies have become an important feature in the real estate business. According to a recent coverage by the Wall Street...

The adverse price developments in the crypto market continued, with bitcoin dropping below $40,000. Most altcoins are deep in the red as well, with Terra losing 7% and BNB dropping to $380. Bitcoin Lost $6K in 3 Days The ongoing war between Russia and Ukraine harmed all financial markets upon its start, but bitcoin managed to recover all losses immediately when the West refused to get directly involved. It kept climbing, reclaimed $40,000, and even soared to a three-week high...

The cryptocurrency derivatives market has become more popular than ever as traders find it more exciting and profitable than spot trading. However, with the regulatory status of the crypto industry still in murky waters, several crypto derivatives exchanges available in the market are not properly licensed to provide such services to their traders. Eightcap aims to solve this problem by providing crypto traders with a regulated and secure platform for trading derivative...

Bitcoin has surged. The world’s number one digital currency by market cap is once again trading above the $40,000 mark, meaning the Russian invasion of Ukraine may be having sudden opposite effects. Ukraine Invasion May Have Aided BTC Over the past week, the world watched in horror as Russia invaded its neighbor Ukraine. The price of bitcoin immediately began to tank as fears of war began running across the globe. Traders began to view their digital asset savings...