Crypto Exchange and a Cryptocurrency: A type of digital currency known as “cryptocurrency” is a type of virtual currency that is used for safe online transactions, such as payments. Cryptocurrency exchanges are online marketplaces where you may buy and sell digital currencies. There are entire industries devoted to making it easier for people to use and exchange cryptocurrencies, with Bitcoin being the most well-known. Bitcoin is presently valued at $29K as of May 2022. A buyer and a seller of cryptocurrency exchanges are involved in a crypto exchange in the same way they would in any other financial transaction. All transactions take into account current market rates for the currencies involved. You can swap similar or varied currencies depending on your preferences. Coins and tokens can be stored in crypto wallets, which offer security and convenience of usage. Bitcoin exchanges that are the best “Finest” can be interpreted in many ways, but for this article, I’ll … [Read more...] about What is Crypto Exchange and a Cryptocurrency?
Fee free crypto trading
Coinbase Global Inc. said it’s being probed by the US Securities and Exchange Commission over its staking programs, which allow users to earn rewards for holding certain cryptocurrencies. The company “has received investigative subpoenas and requests from the SEC for documents and information about certain customer programs, operations and existing and intended future products,” according to a quarterly regulatory filing. The requests relate to Coinbase’s staking programs, asset-listing process, classification of assets and stablecoin products, the company said. Staking services are offered by many crypto exchanges as a key way to diversify revenue from trading, which tends to drop during market downturns. It allows users to generate yield on certain crypto holdings by delegating them to help verify transactions and secure the blockchain network. At Coinbase, blockchain-rewards revenue, primarily from staking, accounted for 8.5% of net revenue in the second quarter. It fell … [Read more...] about Coinbase under SEC scrutiny over its crypto-staking programs
Share to Twitter Share to Linkedin The Chicago Bulls are in a potentially difficult spot with guard Coby White, who is currently eligible for a contract extension. The 22-year-old will become a restricted free agent (RFA) in the summer of 2023 if he receives no extension, and that can be a bit of a drag for both parties. Look no further than the ongoing Collin Sexton situation in Cleveland these days. The former 24-point scorer has been offered $40 million over three seasons, which is substantially below market value for what he provides. Yet, the Cavs might get away with it due to the small market that remains out there. For White, the situation will be much the same next year, if he enters RFA. Seemingly, the Bulls should then be in the driver's seat and be able to dictate his future. There's some truth to that, but White's cap hold could complicate matters for Chicago. $22.2 million cap hold White is, indirectly, on the books for $22.2 million … [Read more...] about Extending Coby White Makes Future Trade Easier For Chicago Bulls
Share to Twitter Share to Linkedin The Philadelphia 76ers already overhauled their roster this offseason with the additions of P.J. Tucker, Danuel House Jr. and De'Anthony Melton, but they may not be done yet. On Wednesday, SNY's Ian Begley reported that "as of earlier this week, there were high-ranking members of the Sixers who've felt strongly" about discussing a potential Kevin Durant trade with the Brooklyn Nets. Begley also said Durant views the Sixers as a "welcome landing spot," while Frank Isola of the New York Dai DAI ly News added that Durant would like to play with James Harden again. Durant originally requested a trade from the Nets on June 30 , hours before free agency officially began. He reiterated that trade request this past weekend in a meeting with team governor Joe Tsai and said Tsai "needs to choose between Durant or the pairing of general manager Sean Marks and coach Steve Nash," according to Shams Charania of The … [Read more...] about Why A Kevin Durant Trade Is A Long Shot For The Sixers
(CTN News) – As investors struggle with the ongoing crypto crash, they think about Ethereum (ETH-USD) price predictions. Even a major player like Ethereum is vulnerable to that crash. Cryptocurrencies have lost value in recent days as a large portion of the market continues to fall. Ethereum is currently trading at around $2,000 per token. It hasn’t seen a price like that since July 2021. Some factors could be to blame for the crypto crash , according to investors. These include ongoing economic pressure. Inflation, rising interest rates, talk of a recession, and the war between Russia and Ukraine all contribute to this. It’s only natural that traders would want to know where cryptos are going following the current crash. Here are the latest Ethereum price predictions from experts! Ethereum Price Predictions Let’s look at WalletInvestor’s one-year price forecast for ETH of $4523.43. The next estimate comes from CryptoNewZ , which estimates that … [Read more...] about Ethereum Price Predictions: Will the Ethereum Crypto Recover?
- A + A (Aug 11): There is a well-known saying shared by both crypto experts and skeptics: “Not your keys, not your coins.” The phrase, popularized by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of a crypto wallet are the property of whoever has access to that wallet’s digital “keys.” This means that unless you personally have the keys to your crypto assets and store them offline, you are vulnerable to hacks, scams and bankruptcies. The endless stream of crypto scams has been well documented. So have the security breaches — and not to mention the eye-popping carbon emissions. Of course, offline storage requires an extra level of understanding, technological sophistication and inconvenience. Enter crypto exchanges like Coinbase and Crypto.com, which offer simple, convenient platforms for users to buy and sell cryptocurrencies and NFTs. However, the crypto crash has revealed that these firms are not just exchanges — they are more like banks. … [Read more...] about Crypto platforms say they’re exchanges, but they’re more like banks
- A + A (Aug 11): South Korean prosecutors made their first arrests in a probe of US$3.4 billion worth of foreign-exchange transactions for possible links to illegal cryptocurrency-related activities. Three people were held on allegations including setting up paper companies and operating a cryptocurrency trading business without registration, the Daegu District Prosecutors’ Office said in a text message on Thursday. The other charges were connected to false data submissions to banks and substantial foreign currency transfers abroad, according to the office. The people arrested are linked to a firm that sent 400 billion won (US$307 million) worth of funds overseas from a Woori Bank branch in Seoul to earn arbitrage profits, the Chosun Ilbo newspaper reported. The prosecutors’ office didn’t give specific figures. Woori Bank declined to comment as it is not privy to the details of the ongoing investigation. South Korea’s Financial Supervisory Service has said … [Read more...] about South Korea makes first arrests in major crypto-linked inquiry
Share to Twitter Share to Linkedin Topline A federal judge ruled Thursday that Robinhood must defend itself in court against a class action lawsuit related to the online brokerage’s January 2021 decision to halt trading in exploding “meme stocks” like AMC and GameStop, several outlets reported Thursday, though Robinhood vows to “vigorously defend” itself in the case. Key Facts Robinhood’s decision to temporarily bar the purchase of surging stocks like AMC, Bed Bath & Beyond and GameStop clears the “particularized threshold” of “market manipulation” for the suit to move forward, according to Cecilia Altonaga, the chief judge at the United States District Court for the Southern District of Florida, Bloomberg reported. Altonaga dismissed several of the allegations against Robinhood, according to Bloomberg, and noted the case presents “interesting legal questions, convoluted by the novelty of Robinhood’s platform.” The suit was … [Read more...] about Class Action Suit Moves Forward Against Robinhood Over Halting Meme Stock Trading
Football’s top ten earners are demolishing records, hauling in a combined $489 million as the world’s most valuable sports league continues its ascent. H is résumé is unparalleled, with seven Super Bowl titles and all-time passing records from completions to yards to touchdowns. Yet as Tom Brady heads into his 23rd professional season, the 45-year-old Tampa Bay Buccaneers quarterback is adding a new accolade: For the first time since Forbes began publishing a ranking of the NFL’s highest-paid players in 2010, he leads the list. Having given the New England Patriots discounts on his contracts for much of his career, Brady has never been higher than No. 2 on Forbes’ annual NFL earnings leaderboard. And he came in second for the first time just last year when, in his second season with Tampa Bay and with a new commitment to his endorsement portfolio, he landed behind the Dallas Cowboys’ Dak Prescott, whose $87 million in 2021 beat out Brady’s $72.5 million. This … [Read more...] about Highest-Paid NFL Players 2022: Tom Brady Leads The List For The First Time
Since the Forex market is dynamic and constantly evolving, liquidity providers are essential to its smooth operations. LPs give buyers and sellers quotations, which enables market participants to convert currencies with the least amount of hassle. Large banks or other financial organizations that offer the capital required to keep the market running are often liquidity providers in the Forex market. To keep the market liquid, these institutions frequently trade on their own account and quote both buying and selling prices for currencies. LPs are crucial in maintaining market stability since they are frequently the first to respond to changes in currency rates. The forex market is too big and intricate to be governed by one organization. Numerous LPs from all around the world offer quotations and execute trades on their own behalf. There is no centralized authority as a result, and prices remain steady. Because the FX market is open twenty-four hours a day, seven days a … [Read more...] about How Central Banks’ Intervention Can Stabilize the Forex Market?