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Bitcoin faced choppy markets for most of Tuesday after briefly trading above $50,000 for the first time during early U.S. trading hours. With some remaining bullish, other analysts and traders warned about near-term price correction. Bitcoin (BTC) trading around 48,810.95 as of 21:00 UTC (4 p.m. ET). Gaining 0.39% over the previous 24 hours.  Bitcoin’s...
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This story originally appeared in The Continent, the pan-African weekly newspaper designed to be read and shared on WhatsApp. Subscribe here. Bitcoin. The currency of choice for drug dealers, terrorists, investors, spaceship enthusiasts —  and ordinary people, including many of us who just want to get paid for an honest day’s work.  Bitcoin. Because of...
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Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued last week claiming it is really a security. Coinbase first listed XRP on its retail-facing platforms in February 2019. Starting now, XRP trading “will move into limit only,” Coinbase wrote. It will be fully suspended on Tuesday, Jan....
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The creators of stablecoin platform Terra announced the launch of the Mirror Protocol Thursday, a way to mint crypto assets that mimic the value of shares in publicly traded companies like Apple or Tesla. “We were motivated to create a way for retail investors around the globe to more easily participate in the U.S. equities...
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Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees. Announced today, LVL (pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano and Bitcoin advocates Jimmy Song and Willy Woo, previously had no...
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Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction. A new consultation paper detailed by Clara Chiu, director of licensing at the Securities and Futures Commission (SFC), in a keynote speech at Hong Kong FinTech Week 2020 on Tuesday, will propose that the...
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The U.S. Commodity Futures Trading Commission alleged crypto trading platform BitMEX facilitated unregistered trading and other violations. The CFTC announced Thursday it was charging BitMEX, CEO Arthur Hayes, company owners Ben Delo and Samual Reed, and corporate entities HDR Global Trading Limited, 100x Holding Limited, ABS Global Trading Limited, Shine Effort Inc Limited and HDR...
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Price point Bitcoin was rising along with gold and U.S. stock futures early Friday as traders reacted to Federal Reserve Chair Jerome Powell’s plan to let inflation run hot in coming years as the economy heals from the coronavirus-induced recession.  The largest cryptocurrency, seen by some investors as a hedge against inflation, changed hands around $11,451, staying...
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This is not a guide of how to trade crypto. This is not about how to make money, how to invest, or where to find alpha.  But if you’ve dabbled in crypto-trading? Then you know this one thing: It can be all-consuming. When your money is on the line, suddenly you’re checking the prices more...
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Reasonable Crypto Debate — Michael Casey
May 27, 2023By
Most profitable crypto miners hit cryptocurrency market – The Mail & Guardian
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The next frontier in South African technology – The Mail & Guardian
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