Tag: Trading

It seems that the crypto community has taken a big step towards one critical realization: Trading on a cryptocurrency exchange in hopes of getting rich only benefits the exchange itself. In the news feeds I’ve read recently, it appears that everyone, without exception, has had a take on a story of the hamster that traded…

Bitcoin price fell Tuesday below $30,000 for the first time since last month, which drags down other digital currencies as investors worldwide fret about the Delta variant and the next stage of the COVID-19 pandemic. According to CoinMarketCap data, the whole cryptocurrency market lost about $89 billion in 24 hours. However, Glassnode’s report indicates large…

Robinhood said it anticipates retail trading is slowing down in the third quarter of 2021 relative to the second quarter, especially in cryptocurrencies. Crypto trading accounts for about 17% of Robinhood’s revenue. Popular stock trading app Robinhood warned that potential trading revenue will be lower and new clients as the boom in retail investing starts…

As the China Ministry of Public Security said, the police have arrested more than 1,100 suspects of using cryptocurrencies for illegal activities, like laundering money and telecom frauds. The Chinese authorities stated they have crackdown more than 170 gangs responsible for using crypto for criminal purposes. The arrests follow China has stepped up efforts to…