Don Wilson, founder of DRW, the Chicago‐based high‐speed trading firm, discusses his history with cryoto assets and the trends he’s seeing in Asia.
The NY Attorney General’s Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.
Peer‐to‐peer (P2P) trading activity has significantly rebounded during recent weeks, following the record low in volume posted for the week of the 1st of September. The increased trading activity appears to have mostly occurred in the Latin American and emerging BTC markets — with record volume posted by the Peruvian, Argentinian, and Philippine Localbitcoins markets..
While the wider crypto markets remain shaky, Ripple and Ethereum have seen a major boost and recovery, respectively.
XRP is reporting double‐digit gains today, despite a generally bearish trend across the wider crypto markets.
Bitcoin’s drop to five‐day lows on Monday has likely shifted risk in favor of a test of demand around key support levels below $6,000.
Founding partners of the $1 billion blockchain fund backed by a Chinese city government are planning to roll out a Japanese yen‐pegged stablecoin.
Crypto markets see a sharp decline, with Bitcoin dropping by $200 within a few hours and total market cap below $200 billion again.
The worlds second largest cryptocurrency, ether (ETH), erased more than half of last week’s rally today amid a broader market sell‐off.
Caspian, a project aimed at giving crypto traders better tools, has attracted $16 million in funding from top industry investors.