Category Archives: Finance

Popular cryptocurrency exchanges and Their Advantages

Advertisements In recent years, interest in cryptocurrencies has only grown, attracting the attention of more and more people. Cryptocurrencies open up many exciting investment opportunities when appropriately used. Before you choose a cryptocurrency exchange, you need to consider some subtleties. First, you need to understand what is a cryptocurrency exchange. This unique platform is designedContinue reading “Popular cryptocurrency exchanges and Their Advantages”

A Taiwanese investment fund is set to invest about 4,000 billion dongs in Vietnamese securities.

Advertisements From May 8, the China Trust Vietnam Opportunity Fund will continue to raise investment capital in Vietnam in Taiwan dollars. This is the fund’s fifth capital raise, with a total value of around NT$5 billion or US$163 million (VND3,824 billion). Following this capital increase, the fund’s total capital mobilization is about NT$16.5 billion, orContinue reading “A Taiwanese investment fund is set to invest about 4,000 billion dongs in Vietnamese securities.”

Crypto Whales Accumulate Millions in Pepecoin as Trading Volume Shifts to Binance

Advertisements Larger market participants are buying up the meme coin even as prices dunk, suggesting another leg up might be on the cards soon. Pepecoin (PEPE) traders remain unfazed by the recent price correction and are adding to their holdings in a move that suggests bullish price action for the tokens in the coming weeks.Continue reading “Crypto Whales Accumulate Millions in Pepecoin as Trading Volume Shifts to Binance”

Crypto Options Exchange Deribit’s Ether Volatility Index Hits Record Low

Advertisements Deribit’s forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced considering the lingering macroeconomic uncertainties. The downtrend in leading crypto options exchange Deribit’s forward-looking ether volatility index (ETH DVOL) continues amid macroeconomic uncertainties and the pepecoin (PEPE) frenzy that has boosted demand for the EthereumContinue reading “Crypto Options Exchange Deribit’s Ether Volatility Index Hits Record Low”

South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers

Advertisements Local media reports Democratic Party lawmaker Kim Nam-kuk had previously co-sponsored a bill seeking to defer taxation on crypto profits. South Korea’s financial watchdog has reported to local prosecutors a series of crypto transactions by an opposition party lawmaker, which has sparked domestic outrage over a potential conflict of interest. Rep. Kim Nam-kuk ofContinue reading “South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers”

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

Advertisements The regulator, along with local police, raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat. U.K.’s financial regulator, the Financial Conduct Authority (FCA), is continuing its crackdown on unlawful crypto ATMs. The FCA said it has inspected sites in Exeter, Nottingham and Sheffield alongsideContinue reading “UK’s FCA Continues Crackdown on Unregistered Crypto ATMs”

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

Advertisements The Reserve Bank of Zimbabwe has said the tokens will be issued on May 8. The Reserve Bank of Zimbabwe (RBZ) invited individuals and financial institutions in the country to subscribe to its upcoming gold-backed digital token in a Thursday notice. Applications for the tokens must be for a minimum of $10 for individualsContinue reading “Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency”

3% Tax on Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

Advertisements The nation’s budget will be presented on June 8. Kenya’s Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year, according to a Bloomberg report that cites proposals presented to lawmakers. The nation’s budget will be presented on June 8. Kenya elected WilliamContinue reading “3% Tax on Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg”

Bitcoin’s Dominance Rate Surges After U.S. Banking Crisis

Advertisements Bitcoin’s outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said. Bitcoin’s (BTC) dominance rate, measuring the cryptocurrency’s share in the broader market, has risen sharply since the onset of the ongoing U.S. banking sector instability almost two months ago. Since early March, the dominanceContinue reading “Bitcoin’s Dominance Rate Surges After U.S. Banking Crisis”

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

Advertisements The Securities and Exchange Commission was about to define “digital asset” but deleted it in the final version of a rule, reversing a move that might have started formalizing crypto’s role. The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it erased whatContinue reading “U.S. SEC Changes Its Mind on Officially Labeling Digital Assets”

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