Global trading provider INFINOX brings on 25-year FX veteran Chris Hossain-Nelson to accelerate growth of its IX Prime institutional division IX Prime provides market infrastructure and liquidity to international exchanges including the B3, the world’s third largest derivatives exchange Hossain-Nelson, who joins from GMI UK, will drive global expansion of IX Prime as INFINOX consolidates a period of rapid growth […]

Finance officials from both sides of the globe are taking the opportunity to criticize the value and utility of cryptocurrencies, as media focus intensifies on the space following Coinbase’s direct listing on the Nasdaq. Bank of Korea Governor Lee Ju-yeol said cryptocurrencies had “considerable limitations” as a method of payment, following a monetary policy meeting on Thursday, reports local outlet […]

With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. However, despite this optimism, the Nigerian crypto industry continues to be plagued by constant hurdles that then […]

PRESS RELEASE. April 15, 2021, Singapore: EQUOS, the institutional-grade cryptocurrency exchange owned by Diginex (Nasdaq: EQOS), will host a webinar between Roger Ver, the Founder of Bitcoin.com, and Richard Byworth, CEO of Diginex, the first Nasdaq-listed company with a cryptocurrency exchange. They will debate the ‘Future of Digital Money’ and examine the trigger points that could lead to the ubiquitous […]

Ethereum extended its rally to a new all-time high near $2,450 against the US Dollar. ETH price is now consolidating gains, with high chances of more gains above the $2,450 level. Ethereum traded above $2,400 and topped near the $2,450 level. The price is now trading well above $2,400 and the 100 hourly simple moving average. There is a major […]

A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. Company Also Plans to Launch Its Mainnet to Compete With Kakao According to Yonhap, Cyworld is looking to […]

Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale’s AUM is creeping ever closer to the $57 billion holdings of the largest commodity ETF. The company has plans to convert into an ETF when regulations allow.  If the ETF had been approved already, Grayscale would be the second-largest commodity […]

After an impressive rally in the past days, XRP is currently moving sideways trading at $1,76 with 2.7% losses in the 24-hour chart. However, the confirmation of Gary Gensler as the Securities and Exchange Commission (SEC) Chairman by the U.S. Senate could bring further benefits to the token. With 53 votes in favor and 45 against, the U.S. Senate gave […]

Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock.  The $381 value put Coinbase’s market capitalization at $99.6 billion on a fully diluted basis. The stock peaked at $429.54 for a gain of 71.8% from the original reference price. It was […]