Cryptocoins News / Finance Magnates - 2 years ago
<p>According to blockchain analytics company Dune Analytics statistics, the market for Non-Fungible Tokens (NFTs) plummeted from its peak of $17 billion in early 2022 to $470 million in September 2022, which is a staggering decline of 97%. Whil...
Cryptocoins News / Finance Magnates - 2 years ago
<p>While 2021 was considered the golden year for crypto, 2022 wasn’t as kind. Major cryptocurrencies lost over 50% of their value throughout this year during the bear market. Now, it’s hard to imagine that at this time in 2021, Bitcoin was soar...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Bakkt Holdings (NYSE: BKKT), the cryptocurrency subsidiary of Intercontinental Exchange, is aiming to bolster its cryptocurrency and expand into other areas like <a href="https://www.financemagnates.com/terms/f/fintech/" target=...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Coinbase (Nasdaq: COIN) published its financials for the third quarter of 2022, reporting net revenue of $576 million. The figure dropped by more than 28 percent from the previous quarter and 53 percent from Q3 2021.</p><p>The &l...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company's transaction-based revenues increased slightly, the cryptocurrency sect...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The Australian Securities and <a href="https://www.financemagnates.com/terms/e/exchange/" target="_blank" id="b5da6e64-2afe-421d-9b81-16404b7d59d6_1" class="terms__main-term">Exchange</a>...
Cryptocoins News / Finance Magnates - 2 years ago
<p>There was a point in late 2021 when what’s referred to as the metaverse was driving a lot of online discussions and affecting cryptocurrencies. This was around the time that Facebook (the parent company of the social media platform, rather t...
Cryptocoins News / Finance Magnates - 2 years ago
<p> MoneyGram International (<a href="https://www.financemagnates.com/tag/moneygram/" target="_blank">NQ:MGI</a>), one of the leading global financial services providers, unveiled a new cryptocurrency service ye...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, <a href="https://www.financemagnat...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">LMAX Group, the operator of multiple institutional execution venues for forex and cryptocurrency trading, saw record performance during its fiscal year that ended on 31 December 2021.</p><p class="Ms...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The Dubai Financial Services Authority (<a href="https://www.financemagnates.com/tag/dfsa/">DFSA</a>) announced its initial list of 'Recognised Crypto Tokens' on Tuesday, changing its current regulatory regi...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Gemini, an American cryptocurrency exchange, has launched in six new countries in Europe.</p><p>These are Denmark, Sweden, Portugal, Czechia, Latvia and Liechtenstein, which Gillian Lynch, Gemini’s Head of Ireland and European Un...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Bitget, a major cryptocurrency platform, announced on Monday the newest addition to its trading offering dubbed 'Bitget Insights'. The new feature incorporates a social media platform with trading insights from verified traders a...
Cryptocoins News / Finance Magnates - 2 years ago
<p>B2C2, a cryptocurrency market-maker owned by Japan’s SBI Holdings, has expanded its offerings with the addition of electronic options trading for the over-the-counter (OTC) crypto market.</p><p>Announced on Monday, the new featur...
Cryptocoins News / Finance Magnates - 2 years ago
<p>On Monday, <a href="https://www.financemagnates.com/tag/argo/" target="_blank">Argo Blockchain</a> (LSE: ARB; NASDAQ: ARBK) announced the <a href="https://www.financemagnates.com/terms/c/crypto-mining/...
Cryptocoins News / Finance Magnates - 2 years ago
<p>One of the Four Asian Tigers, Hong Kong, is now <a href="https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/" target="_blank">set to allow crypto investments</a> to retail and inst...
Cryptocoins News / Finance Magnates - 2 years ago
<p>After close to a year characterized by a mixture of price decline and tightly range-bound sideways movement, it might seem counterintuitive to declare that this is an optimal moment to get into crypto.</p><p> Bitcoin and other co...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Over the last five years cryptocurrencies have exploded at an unprecedented rate, but so have the different methods of making income in the cryptocurrency world. No longer do investors have to simply rely on tradi...
Cryptocoins News / Finance Magnates - 2 years ago
<p>England's top football clubs are considering inking a £30 million a year non-fungible token (NFT) deal with French cryptocurrency startup Sorare.</p><p>According to a Sky News report, the Premier League held talks with 20 cl...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Crypto yield farming, or liquidity farming, is the act of lending or staking your cryptocurrency into a liquidity pool, through DeFi (Decentralized Finance) to receive rewards such as interest and more of their st...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Yield farming, or liquidity farming, is the act of lending or staking your cryptocurrency into a liquidity pool, through DeFi (Decentralized Finance) to receive rewards such as interest and more of their staked cr...
Cryptocoins News / Finance Magnates - 2 years ago
<p> CQG, a provider of trading, market data and technical analysis tools, in cooperation with NUTS Finance, a <a href="https://www.financemagnates.com/terms/b/blockchain/" target="_blank" id="be18ed01-45fc-4044-b447...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The High Court in the UK has closed down PGI Global UK Ltd for running a <a href="https://www.financemagnates.com/cryptocurrency/three-onecoin-crypto-scam-associates-faced-a-german-court/" target="_blank">cryptocurr...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Hong Kong is one of China's most prominent financial hubs, and now it might pivot in the direction of <a href="https://www.financemagnates.com/terms/c/cryptocurrencies/" target="_blank" id="b091101e-6e02-4b...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The leading cryptocurrency exchange, Binance, has partnered with Inswitch, a US-based global embedded financial technology company, to offer fiat and crypto on-and-off-ramp services to Latin Americans.</p><p> The service will en...
