OKX has announced a partnership with Forteus, a digital asset management firm, and Komainu, a regulated digital asset custody provider. This agreement enables Forteus to trade continuously on the OKX platform while its assets remain securely held in segregated custody with Komainu. Custody Secures Crypto Trading Under the terms of the arrangement,
Ren Protocol Announces Upgrade Amid Binance Delisting
Ren Protocol has broken nearly a year of silence by announcing its v2 network upgrade, just hours after Binance confirmed it would delist REN. The timing of the announcement sparked skepticism from critics, with many questioning the project’s credibility and intentions. As the team faces criticism for slow progress on its replacement network,
Market Analysis: EUR/USD Attempts Recovery While USD/JPY Dips
EUR/USD is recovering losses from the 1.0335 zone. USD/JPY is declining and showing bearish signs below the 154.00 level. Important Takeaways for EUR/USD and USD/JPY Analysis Today · The Euro struggled to start a fresh increase and declined below the 1.0500 zone. · There is a key contracting triangle forming with resistance at 1.0500 on […]
Tornado Cash Triumph: Court Blocks Treasury Overreach in Crypto Sanction
A big milestone in the legal battle surrounding Tornado Cash was reached when a United States appeals court sided with the platform’s users, ruling against the Treasury’s sanctions on its smart contracts.
What Is the DJIA, and How Can You Trade It?
The Dow Jones Industrial Average (DJIA) is one of the world’s most recognised stock indices, often seen as a barometer for the US economy. Tracking 30 influential companies, the DJIA offers insights into market trends and economic shifts. This article explores what the DJIA represents, how it’s constructed, and how to trade it. Dow Jones […]
Kraken to Shut Down NFT Marketplace Amid Industry Challenges
Kraken’s NFT Marketplace Closure Kraken’s NFT marketplace, introduced in 2022, allowed users to buy, sell, and trade digital collectibles without gas fees for transactions. However, as of November 27, 2024, new listings and trades are disabled, and the trading platform will fully shut down by February 27, 2025. Kraken attributed this move to its
The Biggest Bitcoin Miner from Wall Street Calls for US Strategic Reserve amid Global Race
Wall Street Bitcoin mining giant MARA Holdings (NASDAQ: MARA) issued a stark warning about the United States’ need to secure dominance in Bitcoin holdings and mining operations. The company framed this as a critical national security imperative in the wake of growing global competition. MARA Urges US Government to Secure Bitcoin Dominance The
CFTC Might Get Full Oversight over the US Crypto Market Under President Trump
The incoming Donald Trump administration in the US White House is considering granting oversight of the cryptocurrency industry to the Commodity Futures Trading Commission (CFTC), according to a Fox Business report. Crypto Regulatory Shift in the US Although not officially confirmed, this move could bring the regulation of spot markets for digital
Euro and Pound Correct Ahead of Key Economic Data Releases
The start of the final trading week of November has been eventful. Several currency pairs experienced a “gap” or price difference between Friday’s close and Monday’s opening. For instance, the GBP/USD pair opened 60 pips lower, EUR/USD saw a 70-pip gap, and USD/JPY opened with a 50-pip difference. At the week’s outset,
Trump eyes handing CFTC oversight of crypto: Report
Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.