Tuesday, July 27

crypto trading

crypto, crypto trading, IPO, Markets, Robinhood, Tech Insider, trading app, weekend BI US

Robinhood CEO says the company is all-in on crypto and that users can expect new crypto features at’some point’

Robinhood CEO Vlad Tenev says the company is focused on expanding its crypto offerings. He said users can expect a crypto wallet at "some point." It's a glimpse at the company's future ahead of it's highly anticipated IPO. LoadingSomething is loading. Robinhood CEO Vlad Tenev announced Saturday that crypto is a lynchpin of the retail investme...
Bitcoin, crypto, crypto trading, Doge, Dogecoin, dogecoin price, Ether, eToro, Markets, MI Exclusive

Dogecoin trading volumes shot up 1,250% in the 2nd quarter to almost $1 billion a day as big exchanges cashed in

Dogecoin trading volumes shot up 1,250% to close to $1 billion in the second quarter, data shows. Overall global trading volumes rose 32% to $18.82 billion a day on average amid volatile markets. High volatility benefits exchanges but there are signs that the crypto crash is weighing on volumes. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. LoadingSomething is loading. ...
ADA, América, Bitcoin, Coinshares, crypto trading, Cryptocurrencies, digital assets, Ether, Europe, Markets, MI Exclusive, UK

Crypto trading volumes have fallen to a 9-month low as Europeans ditch bitcoin, although US investors are still buying: CoinShares

British flag and US flag Alex Wong Bitcoin has seen outflows in Europe but inflows from North America in the latest week, according to CoinShares. Trading volumes totalled $1.58 billion for the week to July 9, the lowest since October. Multi-asset investment products, like the Bitwise 10 crypto index fund, were the most popular last week. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency trading volumes fell to their lowest in nine months in the latest week, as bitcoin continued to fluctuate in a relatively narrow range, according to data from digital asset manager CoinShares on Tuesday.Outflows picked up speed in Europe, where regulators have toughened their scrutiny of cryptocurrency trading in general, while US investors were net buyers o...
Binance, Bitcoin, Coinbase, crypto exchanges, crypto trading, Cryptocurrencies, digital assets, Ether, Ethereum, Kraken, Markets, MI Exclusive

The amount of bitcoin held on exchanges is at its lowest in 6 months, while ether reserves are at record lows, indicating any sell-offs could be a lot more modest

Ethereum, Bitcoin and Litecoin Yuriko Nakao The amount of bitcoin and ether traders hold in exchanges relative to total supply has dropped dramatically in the past few weeks, which analysts say cuts the chances of another big sell-off in the two cryptocurrencies.The ratio of bitcoin held on exchanges versus total number of coins in circulation has fallen to 13% in July, its the lowest level in 6 months, according to data from crypto analytics group Santiment on Tuesday.Similarly, the amount of ether held on exchanges as a percentage of total supply fell to just 18% in June, which is the lowest on record and the most recent figures from Santiment.Santiment tweet Santiment "The ratio of bitcoin's supply on exchanges has encouragingly slid down to its lowest since early January....
Binance, Britain, crypto, crypto trading, Cryptocurrencies, Fraud, Markets, MI Exclusive, Scams, TSB

A major UK bank will ban its customers from trading on cryptocurrency platforms because of its concerns over fraud

Scam on keyboard. Peter Dazeley British lender TSB is going to ban its customers from buying cryptocurrencies from accounts that it believes are vulnerable to fraud. "We take our obligation to protect customers extremely seriously and continually review merchants and websites with excessively high fraud rates," a TSB spokesperson said in an email to Insider on Monday. The bank said it had not yet put a deadline in place for any bans to take effect. The bank's decision follows after the UK regulator stopped crypto platform Binance from operating in Britain without written consent. TSB, which is owned by Spain's Banco Sabadell, said that between March 15th and April 15th, 849 of its clients lost money via Binance accounts. The bank's decision affects its more than 5 million...