Trader turns $1K into $750K trading Tron memecoin SunWukong

The European Union lately has been a hotbed for political and regulatory developments that could have a considerable impact on the day-to-day operations of the continent’s financial service providers. While the United Kingdom finally following through on its pledge to leave the bloc introduced political uncertainty for businesses with U.K. operations, implementation of new EU-wide…

On August 10, the United States Senate voted to pass a $1 trillion bill to revitalize America’s infrastructure. From the standpoint of the crypto community, miners in particular, the Senate’s foray into crypto legislation has been a disaster. Unless the language defining brokers in the bill is clarified, it will singlehandedly thwart the growth of…

A new investigation has revealed hundreds of Coinbase customer complaints around hacking and lost funds, drawing attention to the customer experience at crypto exchanges. 236 Total views 2 Total shares Popular cryptocurrency exchange Coinbase recently amassed a panoply of customer service complaints regarding account locking, hacking and even lost funds.A recent tweet by crypto analyst…

As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above the all-important $12,000 psychological threshold, only to once again slip right under. However, as part of this development, the total cap of the crypto market…

An upcoming merger is slated to see Diginex’s newly launched Equos exchange become the first crypto trading platform listed in the United States. 542 Total views 8 Total shares Blockchain-powered financial services company Diginex launched its new Equos digital asset exchange on July 30.The exchange will initially host crypto asset spot trading, with plans for…

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time. 2448 Total views 16 Total shares With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets.According to crypto market data aggregator Glassnode,…

China signs $400M CBDC cooperation agreement with UAE, Boyaa Interactive to purchase $100M in crypto, Victory Securities launches new Bitcoin fund in Hong Kong, and more! by Zhiyuan Sun 4 min December 7, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming

Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices.Cryptocurrency mining…

Online payments processor Stripe announced the launch of its lending service Stripe Capital for the U.S. internet businesses.On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — access to funds is usually granted on the next day. The press release states:“Stripe Capital’s full integration with Stripe means there’s…