Hot Topics
Coin Gecko

Advertisement

Litecoin (LTC) Likely To Decline Further But Significant Upside Might Soon Follow

Litecoin (LTC) is due for major downside from current levels. The price has already declined below the 61.8% fib retracement level from the last top of the previously broken market structure. It is now eyeing a decline to the 38.2% fib retracement level around $50. We are likely to see this move come to fruition as LTC/USD is already trading below its 50 day EMA as well as the 21 day EMA. However, the 38.2% might serve as a strong support short term not only because it is the 38.2% fib retracement level but also because it coincides to the...

Read More
snapex banner

India’s Central Bank Given A Fortnight To Justify Crypto Situation

India’s outlook on crypto is less than favourable. It’s been known for a while now that India basically hates cryptocurrency but now, the Supreme Court in the country has slammed its central bank over how it dealt with the crypto situation and has even ordered it to address the complaints. In an ongoing hearing into the actions of the Reserve Bank of India (RBI) on 21st August, the court ruled that officials had not correctly responded to the concerns from the cryptocurrency industry over its actions. In July last year, the reserve bank banned other banks from servicing crypto operators...

Read More

Crypto-Geography: How Cryptocurrency is Progressing in Mexico

How often do you happen to scroll through your newsfeed and bump into some enlightening crypto news from another part of the world? We’ve all been surprised at times and caught ourselves thinking: “Gee, I don’t know anything about crypto in this country!” This article about crypto in Mexico is the first in our series of regional crypto-geography articles that will explore the diverse attitudes that exist towards blockchain all over the world.  Cryptocurrency Regulations & Economic Situation in Mexico Officially, Mexican Fintech companies should be having a hard time of it following the passage of the country’s Fintech Act...

Read More
snapex banner

Would It Be Better If Facebook Threw In The Towel?

Ever since it was announced, Facebook’s upcoming stablecoin, Libra has been getting slated by regulators over privacy concerns and understandably so as the social network has had a controversial few years when it comes to the legal system. As the Amazon rainforest roars in flames (of which you can help here), several jurisdictions all across the world have expressed their concerns over the Libra project, it is now the turn of EU authorities to push back against Facebook plans. As reported by Reuters, EU antitrust regulators could be looking formally to investigate Facebook’s stablecoin cryptocurrency in the near future. The...

Read More

Deribit Teams Up With Paradigm To Offer Block Trading Of Crypto Derivatives

Dutch trading platform Deribit has announced it is teaming up with OTC trading communication platform Paradigm to offer a block trading solution for cryptocurrency derivative products. The solution will cover multiple types of crypto-derivative products and will be the first of its kind. It aims to cater to the fast-growing institutional market for cryptocurrency derivatives.  Using the solution, institutional traders will be able to negotiate a block trade privately on Paradigm’s chat feature. Once the deal is agreed, it will be submitted automatically to Deribit for execution and clearing. Clients will have access to BTC and ETH-backed derivative products.  Block...

Read More