A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations. The founder of the infamous crypto exchange BitConnect, Satish Kumbhani, has been charged for allegedly misleading investors globally and defrauding them of $2.4 billion in the process.According to the Department of Justice (DOJ), a… More
Even in a red market, solid gains can be made. Here’s how Cointelegraph’s unique trading tools highlighted the assets with the strongest historical outlook. Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains investors managed to rake in earlier in the week.… More
Market corrections are scary, but savvy altcoin traders also know it is an opportunity to secure hefty gains — here’s how. Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the… More
Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory requirements,… More
Introduction For how long should a person remain in Forex? This is the commonly asked question in the community trading is a risky market. No person can provide assurance they will make a profit. Even the professionals fail to maintain a positive balance. After analyzing the trends, developing a strategy, and trying to find out […] More
In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. Investors who knew when to swap Bitcoin (BTC) and altcoins could have boosted their gains significantly in 2020, according to new research from eToro, the popular social trading platform. The challenge, of course,… More
Introduction Anyone who is thinking about trading in the financial market should know that they first need to create their trading account in order to get started. Since there are almost countless platforms that are available all around the world, choosing one to be your broker can be more significant and difficult than most people […] More
INTRODUCTION FXVC is a Cyprus Securities and Exchange Commission (CySEC) and a contract for difference (CFD) broker which offers to trade on over 250 financial instruments, which include Forex, Stocks, Indices, Crypto currencies and Commodities on its own proprietary, web-based trading platform which allows for fully customizable charts, high-speed execution and innovative trading tools. FXVC is […] More
The exchange is taking advantage of the growing Russian crypto market. As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.According to the announcement, he had previously served as partner and CEO… More
The East Asia crypto market has reacted fast to news of Beijing’s national digital currency and regional economic tumult. Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according to a new report from blockchain analytics firm Chainalysis.The report states that over 44% of… More
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