Coins▪︎Trading▪︎Crypto News

2024-05-07 20:34:58 Revolut launches standalone crypto trading platform for UK retail customers

Global fintech company Revolut rolled out Revolut X on Tuesday — a standalone crypto trading platform available to its UK retail customers. The firm launched in the UK offering money transfers in 2015 and began allowing users to buy, hold and exchange cryptocurrencies in 2017. Since then, it has become the UK’s largest fintech company and has reached more than 40 million customers worldwide.

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Coin | Trading | News Buka / Bagaimana

2024-05-07 08:02:33 Analysts Stand Firm on $150K Bitcoin Price Forecast Citing 'a Healthy Cycle'

Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for increased corporate bitcoin investments.

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Coin | Trading | News Buka / Bagaimana

2024-05-06 21:22:29 Bitcoin surpasses one billion transactions processed, eight hundred weeks after launch

Eight hundred weeks and one day after Bitcoin launched on January 3, 2009, with the minting of its genesis block, the world's most valuable cryptocurrency has surpassed one billion processed transactions. launched on January 3, 2009, with the minting of its genesis block, the world's most valuable cryptocurrency has surpassed one billion processed transactions.

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Coin | Trading | News Buka / Bagaimana

2024-05-05 20:52:21 Bitcoin will ‘propel the next leg up’ if key trading pattern confirms — Traders

Bitcoin’s price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a crypto trader. “If we don’t break straight through $67.5k then something like this forming over the next month would make sense for a bottom pattern reversal,” crypto trader Matthew Hyland explained in a May 4 post on X.

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2024-05-05 07:10:25 Coinbase faces copycat class action suit asserting tokens are securities in echo of pending case

Coinbase, the largest cryptocurrency exchange in the United States by volume, is facing a fresh lawsuit from customers who say the company's entire business model was illegal from the start, in an echo of a case already faced by the company. In a statement, the company called the claims "legally baseless," writing, "We have full faith in the judicial process and look forward to addressing them in full at the appropriate time."

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2024-05-04 20:03:12 Bitcoin Whales Bagged $2.8B Worth of BTC in a Day: CryptoQuant

Bitcoin’s recent market correction that dragged the world’s largest cryptocurrency near the low of $56,500 turned out to be a good opportunity for high-profile investors. Data shared by CryptoQuant CEO Ki Young Ju revealed that whales have accumulated a whopping 47,000 BTC – worth more than $2.8 billion in current price – over the past 24 hours alone. This shopping spree signals the beginning of “a new era” for the primary cryptocurrency, according to the exec.

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2024-05-03 21:23:01 Bitcoin holds above $59,000 as short liquidations spike

Bitcoin short liquidations spiked above $24 million in the past 24 hours as the price rebounded from a multi-month low of below $57,000 on Monday. A total of $33 million in bitcoin positions were liquidated in the past 24 hours amid the volatility. The wider cryptocurrency market experienced over $112 million in liquidations during the same period. Of these combined crypto liquidations, the vast majority — around $70 million — were short positions, according to Coinglass data.

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2024-05-03 09:11:28 JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets

JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold.

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2024-05-02 19:47:18 Arkansas governor to reportedly sign two bills regulating crypto mining activities

Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state. These legislative initiatives respond directly to concerns raised following the passage of Act 851. Although Act 851 sailed through the 2023 regular session, it has faced backlash for its perceived lack of oversight regarding crypto mining activities.

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2024-05-02 07:45:39 UK sharpens focus on crypto regulation in latest anti-money laundering report

The UK Financial Conduct Authority (FCA)’s recent anti-money laundering and counter-terrorist funding (AML/CTF) efforts have focused heavily on crypto. The UK Treasury said in a May 1 report that the FCA considers crypto firms — like retail and wholesale banks and wealth management firms — to be “particularly vulnerable” to financial crime and at the highest risk for exploitation through money laundering.

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Coin | Trading | News Buka / Bagaimana