trading

‘Alarm' rings as crypto trading outpaces the South Korean stock market

‘Alarm’ rings as crypto trading outpaces the South Korean stock market

For the first time in South Korean history, crypto trading volumes have outperformed stock market activity, with crypto trading growing at an alarming rate, according to some. Crypto trading volume figures peaked at USD 21.5 billion per day on April 15, according to Yonhap and Segye Ilbo, as well as Kyunghyang Shinmun. In March, the […]

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Governor says, Nigeria’s central bank is not discouraging people from trading crypto

Nigeria’s central bank governor, Godwin Emefiele, has reportedly clarified the bank’s position on the use of cryptocurrencies in the country. Which had previously prohibited banks from servicing crypto exchanges. According to local news outlet TodayNG, CBN deputy governor Adamu Lamtek said on behalf of Emefiele. That the bank had not banned Nigerian residents from buying, […]

Bitcoin Falls Below $9K as Traders Indicates 'Technical' Retrace

Bitcoin Falls Below $9K as Traders Indicates ‘Technical’ Retrace

Bitcoin (BTC) bounced off $8,500 on April 30 after fresh uncertainty saw the largest cryptocurrency shed in hours at 8 percent. BTC price tests re-established support Cointelegraph Markets and CoinMarketCap data on Thursday’s trading showed a rapid turnaround for Bitcoin, diving from highs of $9,440 to lows of $8,530. At press time, support was staying […]

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

Bitcoin’s Unstoppable Uptrend Reached Over $9,100

For the Bitcoin industry, the past 24 hours is volatile. The cryptocurrency has been in an almost relentless uptrend since breaking past $7,800 on Wednesday morning. Surging past resistance after resistance in the $7,000s, $8,000s, and most recently, the ever-important $9,000-level. This extreme uptrend comes on the back of an increase in buying volume on […]

3 Ways Ethereum’s Bullish Structure Can Avoid a Downtrend in Bitcoin

3 Ways Ethereum’s Bullish Structure Can Avoid a Downtrend in Bitcoin

Ether price has climbed 114 percent since March 13 and the altcoin may be on the verge of higher rallying. Increased activity on the blockchain of the Ethereum and the upcoming launch of ETH 2.0 tend to bolster the Ether price and these factors may also help the market action of Bitcoin. Unlike Ether (ETH), […]

Bitcoin at Risk in 90 years as IMF Alerts of Worst Decline

Bitcoin at Risk in 90 years as IMF Alerts of Worst Decline

The International Monetary Fund (IMF) has released a clear forecast that before it gets better. The ongoing global economic recession caused by ‘the big lockdown’ will get even worse. As for Bitcoin (BTC) witnessing a record correlation with the traditional markets. If it has any chance of delivering the highly awaited post-halving bull run, the […]

Binance P2P adds five new fiat currencies in lating america

Binance P2P Adds Five New Fiat Currencies in Latin America

Cryptocurrency exchange Binance has rolled our peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies. Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian Real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN) and Peruvian Sol (PEN). Supported cryptocurrencies include Bitcoin, Ether, Tether, Binance […]