FTX has opened up trading of a new derivative contract tied to Robinhood ahead of the trading app’s initial public offering. Robinhood submitted its S-1 to go public at the end of March. FTX CEO Sam Bankman-Fried hinted back in December that the exchange might launch a pre-IPO Robinhood contract. It wouldn’t be the first …
FTX kicks off trading for pre-IPO Robinhood contract Read More »
The U.S. District Court for the Southern District of New York has ordered the operator of bitcoin trading scheme Control-Finance to pay nearly $143 million in restitution and $429 million in penalties. Benjamin Reynolds allegedly failed to attend multiple court dates in a case from the Commodity Futures Trading Commission (CFTC), resulting in a default …
Owner of bitcoin trading scheme Control-Finance ordered to pay $572 million Read More »
Coinbase has settled with the Commodity Futures Trading Commission, according to a Friday announcement, and will pay a $6.5 million penalty. The settlement focused on two areas: information about trade activity on Coinbase’s GDAX trading platform and allegations of wash trading by a Coinbase employee during a six-week period in 2016. The U.S. regulator said …
Ripple CEO Brad Garlinghouse has once again addressed the SEC lawsuit against his company. In a recent interview, Garlinghouse countered the allegations and said that the legal action was “misguided” and that its crypto asset has traded for eight years in the US before regulators filed the lawsuit last December. Recently, the Commission chose to …
Ripple CEO: XRP will continue trading, even if Ripple ceases to exist Read More »
CME Group is on the cusp of launching its long-awaited ether (ETH) futures product. The derivatives exchange said in a Sunday morning tweet that ETH futures will go at 6 p.m. ET on Sunday “for a first trade date of Feb. 8.” CME’s ETH futures were announced in mid-December to much fanfare. Per contract details …
CME is about to open its doors to ETH futures trading Read More »
Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk …
Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share Read More »
Farmers struggling amid Argentina’s hyperinflation and the economic effects of the coronavirus pandemic may soon find relief through the tokenization of agricultural assets using blockchain technology. According to a press release on Thursday, blockchain infrastructure provider CoreLedger and soon-to-launch peer-to-peer marketplace Abakus are aiming to create a digital barter economy within the country. CoreLedger’s technology …
Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce Read More »
Quick Take Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online. Data suggests this is actually happening — but prominent crypto traders aren’t exactly sure what’s driving it. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block. …
Market insiders struggle to explain Asia’s typically bearish crypto trading sessions Read More »
Decrypting Cryptocurrency In the modern world, money is no longer just paper bills you can hold in your hand. Currencies, wholly digital, have emerged in the internet age and carved out space in Decrypting Cryptocurrency In the modern world, money is no longer just paper bills you can hold in your hand. Currencies, …
Trading in crypto: what to learn from Forex markets Read More »
Coinbase announced Monday that it will suspend trading in XRP globally next month, nearly a week after the U.S. Securities and Exchange Commission hit Ripple with a lawsuit. The firm announced the move in a blog post shared with The Block. Coinbase said that XRP trading will transition to limit-only beginning immediately on December 28 …
Coinbase says it will suspend XRP trading next month Read More »