Are Advanced Trading Tools Causing the Bitcoin Price Drop? Exchanges, Experts Weigh In
Among the many theories behind Bitcoin’s recent price cold streak, one of the most prominent speculations is that of emerging trading tools causing downward pressure on the market. More and more exchanges have been adding value to their services by introducing such trading tools as futures, derivatives, leverage etc. - similar to the instruments used in traditional finance. Many argue that these tools are geared towards high-volume markets and, therefore, can prove too powerful for a relatively small Bitcoin market with a capitalization of under US$6 billion compared to the daily average....
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PRESS RELEASE. On 10 March 2022, bitoftrade, a new decentralized crypto exchange entered the market with a transparent, non-custodial solution that makes advanced trading tools accessible to any type of trader. bitoftrade allows users to get more from their crypto portfolio. The platform offers advanced trading tools such as leverage trading, limit orders and token swaps between over 900 tokens with optimized market prices directly from their wallets without registration or KYC verification. The last couple of years have seen fast-growing demand for crypto exchanges. During this time,....
Chinese exchange OKCoin announced today it will add futures trading to its platform, saying it is one of the first major exchanges in the world to offer users the chance to trade futures denominated in bitcoin. OKCoin's futures trading, which will be in beta for the next two weeks before going live, partly solves bitcoin's price volatility problem and reduces risks by allowing bitcoin earners to 'lock in' a future price. More advanced traders can use futures to utilize higher leverage opportunities for price speculation. Trading of derivatives like futures also serves to move volatility....
The SEC's decision to expand its digital assets section was received well by industry experts and came as no surprise, given the growing interest in cryptocurrencies. The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold.The SEC's Cyber Unit, which comprises the Crypto Assets and Cyber team, is expected to hire 20 new people to increase the overall force to 50 dedicated positions, as reported by Cointelegraph on May 3.....
The Crypto.com hack is less than a week old and still very fresh in the minds of investors in the space. In what was a brief attack, the hackers were able to access a portion of users’ accounts on the platform and steal their funds. In this report, we ask a couple of experts in […]
Trade24 is known to be more than just an efficient and secure forex and CFD trading services company. The UK-based broker focuses on assisting its clients' trading strategies by providing a rang of additional analytical tools. These tools include everything from a dedicated economic calendar to market news updates to daily/weekly market reviews, enabling each client to make real-time trading decision based on experts' analyses and the market's direction. Trading forex and other markets require a bit of skills and a lot of imagination. Each trade an investor places on the market has a....