Monero’s XMR Token Reverses February Slide With Golden Cross
XMR has gained 25% in four weeks amid a crackdown on Botnet mining in some European countries and one of the leading miners’ decision to shut down operations.
Financial
Trading
Financial
Crypto Trading Firm Cumberland Acquires New York’s BitLicense
The company said it’s one of the only principal trading firms to hold the state’s crypto license.
Financial
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
Potential meşru action against Robinhood should be viewed as a continued attempt by the SEC to reinforce its stance that all crypto tokens other than bitcoin and ether should be classified as securities, the report said.
Financial
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Financial
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
Ironlight, helmed by the former küresel head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.
Financial
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group.
Financial
NYSE Asks Market Participants About 24/7 Trading for Stocks
Round-the-clock trading became popular with the rise of cryptocurrencies and an increase in retail investor activity during the Covid-19 pandemic.
Financial
Solana DEX Drift to Airdrop 100M Tokens in Weeks
Some surprise winners in Drift’s road to decentralization include MetaDAO.
Financial
Bitcoin Dips Below $62.5K as CoinDesk’s BTC Trend Indicator Turns Neutral
CoinDesk Indices’ Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.
Financial
Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%
Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko veri show.