Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2021, Fairdesk Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few years, Fairdesk Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions…

Jumpex Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

Jumpex Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2024, Jumpex Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few months, Jumpex Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and…

Bybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty

Bybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty

DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, is excited to unveil its latest crypto derivatives report. This insightful report explores the market’s response to recent price fluctuations and the backdrop of the upcoming U.S. election. Key Insights: Decline in BTC Options Implied…

Crypto.com Sues SEC Over Regulation

Crypto.com Sues SEC Over Regulation

Crypto.com has taken a bold step in its ongoing battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit challenging the agency’s regulatory stance on cryptocurrencies. The legal action comes in response to a Wells Notice issued to Crypto.com, signaling potential enforcement actions due to alleged securities law violations. The Wells Notice,…

Ripple Faces SEC Appeal on XRP Status

Ripple Faces SEC Appeal on XRP Status

The ongoing battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken another turn as the SEC filed an appeal against the recent court ruling that declared XRP not to be a security. This legal struggle has captured the attention of the crypto industry, as it holds significant implications for the regulatory…

OpenSea Faces SEC Action Over NFT Sales

OpenSea Faces SEC Action Over NFT Sales

OpenSea, the leading NFT marketplace, has recently received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), indicating that the agency may take enforcement action against the company. This notice is generally a precursor to formal charges, giving the recipient a chance to respond before any official action is taken. The SEC’s investigation…

Bitcoin ETFs Gain Popularity Among Investors

Bitcoin ETFs Gain Popularity Among Investors

Bitcoin ETFs have recently seen a surge in popularity, attracting attention from major investors. These financial instruments offer a way to invest in Bitcoin without having to directly purchase and manage the cryptocurrency, which has been known for its volatility and security concerns. One of the key drivers behind this trend is the growing acceptance…

Goldman Sachs Invests $400M in Bitcoin ETFs

Goldman Sachs Invests $400M in Bitcoin ETFs

Goldman Sachs, one of the leading global investment banks, has made a significant move into the cryptocurrency market. According to a recent filing, the financial giant holds more than $400 million in Bitcoin Exchange-Traded Funds (ETFs). This investment marks a substantial shift in the bank’s strategy, showcasing its growing interest in the digital asset realm.…