Crypto Market Erases $200 Billion In Market Value In 24 Hours; Regulator Warns Investors Could ‘Lose All Their Money’

Topline After a more than 100% surge over the past month, the cryptocurrency market is taking a massive hit Monday as regulators and other experts sound the alarm on bitcoin’s booming rally, but not everyone’s convinced the bearishness is warranted. The price of bitcoin has plunged a staggering 20% over the past day, and Bank…Continue Reading

Bitcoin on rise again as crypto investor demographic changes

Navigation for News Categories A new demographic of investors have been flocking to buy Bitcoin in the wake of the pandemic, driving the cryptocurrency to a three-year high. Photo: AFP The digital currency has been roll over the past three months, up 50 percent to about $26,000 per unit. Cryptocurrency firm Easy Crypto chief executive…Continue Reading

Crypto prime brokerage launches cross-exchange margin service

A screen showing Bitcoin exchange trading information. (Image credit: Bigstock/shevtsovy) Cyberx, a Hong Kong-based crypto prime brokerage, launched on Wednesday the world’s first cross-exchange portfolio margin service for spots and derivatives trading. Why it matters: Prime brokerage for cryptocurrencies is still a nascent industry, with only a handful companies around the world offering such services.…Continue Reading