Bitget Exchange Expands Team, User Base, and Coin Listings Amid Market Resurgence

Bitget, a crypto derivatives exchange based in Seychelles, has seen significant growth, expanding its team from 1,100 to 1,500 employees and its user base from 8 million to 20 million. In an open letter, Bitget’s Managing Director, Gracy Chen, credited the support team for playing a crucial role in recovering over 495,000 USDT in missing […]

Final Steps Underway for Spot Bitcoin ETF Debut on Wall Street

The final preparations for the launch of a spot Bitcoin exchange-traded fund (ETF) on Wall Street are underway, with asset managers expected to submit their final revisions by the morning of Jan. 8, says Bloomberg analyst Eric Balchunas. These revisions, to be submitted through S-1 filings no later than 8:00 a.m. Eastern Time, or 13:00 […]

Doge Whales Move Billions Amid Upcoming DOGE-1 Space Mission

Whale Alert, the on-chain data tracker, has reported multiple transfers of Dogecoins between unknown whales and crypto exchanges Binance and Robinhood. These large transfers, amounting to 1.88 billion DOGE tokens throughout the week, have caught the attention of investors. The reason behind these transfers could be the upcoming DOGE-1 space mission, which aims to take […]

Coinbase Plans to Launch Crypto Derivatives in the EU

Crypto exchange Coinbase has announced plans to launch crypto-linked derivatives in the European Union (EU). The US-based exchange is set to acquire a holding company with a MiFID II license, which will enable it to offer regulated derivatives in the EU. This move is part of Coinbase’s global expansion strategy, with the exchange currently only […]

Coinbase Plans to Acquire Cyprus Entity to Boost EU Derivatives Offerings

Cryptocurrency exchange heavyweight, Coinbase, has unveiled plans to acquire a Markets in Financial Instruments Directive (MiFID)-licensed entity based in Cyprus. This strategic acquisition is aimed at expanding Coinbase’s derivatives offerings across the European Union.The acquisition, which is still subject to regulatory approval, is expected to significantly boost Coinbase’s market presence by 2024. The company is […]

Paradigm Sells 6,500 ETH to Coinbase, Triggers Ethereum Price Dip

Ethereum, a leading cryptocurrency, has recently seen significant activity in the broader crypto market following a major transaction. Paradigm, an institutional liquidity network, has reportedly transferred a large amount of Ethereum to Coinbase, one of the world’s top crypto exchanges. This move has attracted considerable attention from global crypto market enthusiasts, especially as it coincided […]

SEC Instructs Bitcoin ETF Exchanges to Submit Final Filings

The U.S. Securities and Exchange Commission (SEC) has reportedly instructed several ETF participants to submit updated filings. This information was revealed by Bloomberg on January 5, citing four sources. The SEC has asked exchanges and issuers to submit the final versions of their 19b-4 filings as early as Friday.Two of Bloomberg’s sources also mentioned that […]

Taiwan’s ACE Exchange Founder Arrested Over $32 Million Crypto Fraud

ACE Exchange, a leading crypto trading platform in Taiwan, is currently under investigation for alleged fraudulent activities. The local authorities estimate the fraud to be worth over $32 million. The company, however, has clarified that its employees are not implicated in the alleged fraud case.The founder of ACE Exchange, David Pan, and 13 other suspects, […]

Binance Monitors Privacy Coins Amid Regulatory Concerns and Volatility

Binance, a prominent cryptocurrency exchange, has recently announced the addition of three major privacy-focused coins to its monitoring list due to concerns about volatility and regulation. The coins in question are Monero (XMR), Zcash (ZEC), and Firo (FIRO), which join seven other coins under review for potential delisting.These coins have been given a “monitoring tag” […]

Binance Monitors Privacy Coins Amid Regulatory Concerns and Volatility

Binance, a prominent cryptocurrency exchange, has recently announced that it has placed three leading privacy-focused coins on its monitoring list due to volatility and regulatory concerns. The coins in question are Monero (XMR), Zcash (ZEC), and Firo (FIRO), along with seven other coins that are also under review and may face possible delisting.These coins now […]