In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
The future of the Indian crypto market now directly depends on the court's decision in the litigation between the exchange and the Central Bank. The hearing at which a decision is to be made has already been postponed several times and is now scheduled for October 23.
Despite the approaching 10-year anniversary of cryptocurrency, skeptics have not yet exhausted their argument that this technology is nothing more than a digital money laundering tool. In an attempt to refute unfair accusations, the Binance exchange has joined the Chainalysis cryptocurrency study in order to preserve its transcontinental ecosystem.
When trading digital assets, speed is of the essence. Executing orders a fraction of a second ahead of the market makes a significant difference between profit and loss. It is not surprising that the cryptocurrency platform Deribit decided to analyze the speed of closing orders, since it showed the best results. In addition to Deribit, the analysis included exchanges Bitfinex, Binance, Coinbase, Bitmex and Okex.
Bithumb, South Korea's second largest cryptocurrency exchange, has officially launched a new decentralized trading exchange (DEX). This new initiative was made possible in partnership with One Root Network (RNT), which provided a decentralized protocol based on Ethereum technology to enable decentralized transactions.
The Kraken exchange has become the first exchange for American traders wishing to transact with the Tezos token.
The Singaporean cryptocurrency exchange Kucoin, which conducts daily transactions of ten million dollars, has decided to add support for the USDС token, around which scandals have not subsided.
The Yobit exchange continues to clearly demonstrate how the “Pump and Dump” scheme works in the cryptocurrency market and manipulates prices, inviting users to play this kind of “all or nothing” lottery.
The American exchange Coinbase is going to conquer the European market, given the high demand of European clients for crypto platform services, and is opening a representative office in Dublin. (Ireland)
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