Investors trade over $11 billion worth of crypto assets on exchanges on a daily basis. What that figure does not include, however, are over-the-counter trades that are said to dwarf on-exchange trading volumes as large investors prefer to conduct their bitcoin trades away from the prying eyes of exchange order books. What is the OTC…
Dogecoin (DOGE) was based on the Shiba Inu meme, and released on December 6th, 2013, making it one of the oldest coins in existence at 4.8 years old (or 33.6 in DOGE years). DOGE has an available coin supply of 116.12 billion, one of the highest among all coins, and a market cap of US$756…
In the first few years after bitcoin was launched, it was not an easy feat to buy and sell the digital currency. Peer-to-peer transactions with strangers or insecure exchanges were the only options. Fast forward to today and the crypto asset trading ecosystem has matured to the point where it offers many of the same…
There are so many ongoing Ripple lawsuits that you have to count them with both hands. Sure, it’s unfortunate, but it keeps Ripple in the public eye, providing the masses with constant XRP news; this isn’t the case for many altcoins as Bitcoin (BTC) often hogs all the attention and altcoins get left behind. Recently, however,…
The cryptocurrency market is rebounding today, after a brutal couple of weeks on the market. Ethereum (ETH), Litecoin (LTC), and Monero (XMR) are among the coins making the biggest surge this morning. Recently, the market hit its year-low, and many of the coins reached their yearly lows as well. Let’s take a closer look at…
Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space. Morgan Stanley Bitcoin Derivatives According to a person familiar with the venture,…
To the casual observer, the difference between a centralized and a decentralized exchange might not be immediately obvious. Put simply, Binance, Coinbase pro, Kraken and Okex are among the most popular platforms for trading crypto — and all operate a ‘centralized’, clearing house style system where a single organization manages the flow of operations on…
Yesterday, it was announced that OKEx founder Star Xu had been taken into police custody for fraud allegations. If no substantial evidence was found, Xu would be released from custody in a 24-hour period. According to local news reports, Xu has been released and isn’t pleased. OKEx Founder Strikes Back “I have no fictional facts,…
In a major announcement, Huobi Global buys BitTrade. Huobi Japan Holding Ltd, Huobi Global’s wholly owned subsidiary, just acquired the majority stake of Japan’s BitTrade. Huobi Global owns and operates Huobi, the third largest cryptocurrency exchange by daily trade volume. Huobi Global Buys BitTrade Huobi will partner with BitTrade, one of the only 16 regulated…
Stablecoins are becoming popular. There’s no denying it; a number have hit the market this year. In fact, just yesterday, the Winklevoss twins announced the Gemini Dollar—the first-ever regulated stablecoin. Not to mention Carbon launched CarbonUSD, a US dollar backed stablecoin, today. And yet, despite the crypto market displaying optimism around the latest trend in…
