Right now, there's no good place for them to go to bet
against the cryptocurrency market other than expensive futures markets like the CME and centralized exchanges.
The Polish central bank (NFB) has been accused of paying prominent Polish YouTubers to run a «low down and dirty» smear campaign
against the cryptocurrency market, without properly disclosing sponsorship.
Can I mitigate
against the cryptocurrency market crashing?
Naturally, Garlinghouse's remarks are largely intended to encourage Ripple investment
against the cryptocurrency market's dominator.
Not exact matches
That said, the company has a heavy vested interest in the
cryptocurrency markets, with Roger Ver taking an open stance for the new Bitcoin Cash and
against «Bitcoin Core» (i.e., BCT) for reasons similar to Oldenburg's.
When Jeremy Allaire cofounded Circle in 2013, dark - web
markets and criminal activities dominated the discussion about
cryptocurrency — and he cut
against the grain by resolving to work closely with regulators.
LONDON, April 12 -
Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two - week highs, with people active in the
market citing a squeeze on traders who have bet
against prices, given a lack of obvious news to trigger the gains.
The sudden jump forced traders who had bet
against the
cryptocurrency to buy back into the
market.
The value of
cryptocurrencies has fallen across the
market against the U.S. dollar after the news of the attack broke out.
Just two days after being granted a preliminary injunction in its case
against Patrick McDonnell and Coin Drop
Markets, the CFTC used that ruling to give notice of supplemental authority in another
cryptocurrency - related case.
That said, the SEC has brought a number of cases
against blatant fraudsters in the
cryptocurrency markets as well as
against ICOs that clearly fall under the scope of securities law (e.g., Munchee).
The US Securities and Exchange Commission (SEC) has taken action
against the fourth Initial Coin Offering (ICO) in the past four months, effectively signaling the end of an era on the
cryptocurrency market where shady ICOs have dominated this year's news cycle.
In an official International Monetary Fund Blog post yesterday, IMF Managing Director Christine Lagarde showered positive sentiment on the
cryptocurrency market, though also cautioned
against both «crypto - condemnation» and «crypto - euphoria.»
Market Overview Bitcoin and other
cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that Bitcoin has developed an impressive immunity
against the usual correction triggers of tax selling, regulatory fears, exchange hacks and other FUD that have plagued crypto -
markets since Q1 2018.
It experienced a dip in excess of 12 %
against both Ethereum and Bitcoin, the two pivotal
cryptocurrencies that indirectly «run» the
market.
The
cryptocurrency market has also entered a period of uncertainty, as investors continue to fret about possible regulatory action
against digital currency exchanges.
It's still not great, of course, and as far as traditional equities
markets go, a cost 50 % decline is a disaster, but in the
cryptocurrency markets, and especially
against the backdrop of the bloodbath we have seen across other points over the last few weeks, it's a drop in the ocean.
TRON (TRON) is one of the few
cryptocurrencies that is currently standing taller
against an uncertain
market environment.
Rather contrary to the previous precedent of «going
against» government interference and regulation, the management of Ripple (the third largest
cryptocurrency), has invited the government to play their role in
cryptocurrency markets.
Crypto assets provide a hedge
against volatility of
cryptocurrencies and bring the liquidity of global
markets into crypto.
EOS continues to be solid
against its peers in the soft
cryptocurrency market.
When traded as CFD pairs in the
markets,
cryptocurrencies are usually paired
against the US Dollar, and less commonly
against the Euro and British Pound.
The offering will pit Nasdaq
against two bigger competitors, CME Group Inc. and Cboe Global
Markets Inc., both of which already announced plans to offer
cryptocurrency derivatives.
«As the
cryptocurrency markets continue to evolve, DFS is directing virtual currency companies to take the necessary steps to guard
against fraud, and to be extra vigilant about manipulation.
Canada's regional financial
markets and services regulator the British Columbia Securities Commission (BCSC) has issued a warning
against the Cryp Trade
cryptocurrency platform.
However, the central bank is still hesitant on allowing
cryptocurrency trading as explained by the chairman of State Duma Committee for Financial
Markets, Anatoly Aksakov, «The central bank is
against the legalization of this type of digital currency, since in this case, citizens can start actively investing in crypto - tools, not taking into account possible risks.»
The imposition of fines
against cryptocurrency exchanges for poor security measures is optimistic for the South Korean
cryptocurrency market in the long run, because it has shown that the government has taken the approach of regulating the
market and protecting investors, rather than issuing an outright ban on
cryptocurrency trading.
When Jeremy Allaire cofounded Circle in 2013, dark - web
markets and criminal activities dominated the discussion about
cryptocurrency — and he cut
against the grain by resolving to work closely with regulators.
Unfortunately, the Chinese government then cracked down heavily on the
cryptocurrency market, issuing stringent warnings
against ICOs.
On Friday, the Securities and Exchange Commission and Commodities Futures Trading Commission released a joint statement emphasizing their commitment to take action
against fraud in both
cryptocurrencies and the initial coin offering
market.
Yet, even as one U.K financial regulator has warned
against investing in derivatives that rely on
cryptocurrencies, Morini remains convinced his work is headed towards a derivatives
market that leverages the best of the old and the new.
Hong Kong - based
cryptocurrency exchange OKEx has pushed back
against allegations that it manipulated its bitcoin futures
market last week.
Finally, on August 24, the SEC issued a suspension order
against American Security Resources Corp. (renamed to Bitcoin Crypto Currency Exchange Corp.) due to statements in press releases «concerning, among other things, the company's business transition to the
cryptocurrency markets and early adoption of blockchain technology.»
During the Satoshi's Vision Conference in Tokyo, news.Bitcoin.com spoke with the CEO of Bitkan, Fang Yu, about the recent regulatory actions
against cryptocurrency exchanges in China alongside her company's new venture a vertical paid
market called the Bitkan «K Site.»
The
cryptocurrency markets continued to shake off their weekend slump on Tuesday, and most large - cap
cryptocurrencies posted strong returns
against the US dollar.
There are four goals of price stable Smart Coins (bitAssets)-- a relatively reliable solution to predict the future value of a token, a predictable stable price with reduced volatility, hedging
against volatile
cryptocurrency markets and price action, and a unit of account distinct from assets with capital gains or losses (which has increased tax liability).
This weekend the
cryptocurrency markets went on contending
against the setback caused by a false regulatory announcement from South Korea this past week.
It experienced a dip in excess of 12 %
against both Ethereum and Bitcoin, the two pivotal
cryptocurrencies that indirectly «run» the
market.
This much is obvious from the fact that BTC dominance — a measure of how of Bitcoin fares
against the rest of the
cryptocurrency market — is above 50 % again.
Because of the same reason, Bitcoin is recovering part of the total
market capitalization that lost during the last year
against other
cryptocurrencies.
The CBOE is still waiting for regulatory approval on the move, the report said, which would provide institutional investors with an avenue to hedge
against volatility in the fast - growing
cryptocurrency markets.
The six largest
cryptocurrencies, including the flagship bitcoin, have all sunk in the last 24 hours, according to data from
Markets Insider, following a major cyberattack
against a Japanese
cryptocurrency exchange last week which resulted in the loss of $ 400 million.
Hong Kong also turned unkind with the national
market regulator calling for more stringent regulations
against Binance and other
cryptocurrency exchanges.
«As the
cryptocurrency markets continue to evolve, DFS is directing virtual currency companies to take the necessary steps to guard
against fraud, and to be extra vigilant about manipulation.
Bitcoin experts including BitGo engineer Jameson Lopp also suggested that investors and traders should consider basing off the dominance index of Bitcoin on the global M1 supply
against currencies such as the USD, instead of altcoins in the
cryptocurrency market.
It is still the fourth biggest
cryptocurrency by
market cap, so maybe now isn't yet the time to bet
against it.
That said, central banks and other financial watchdogs are starting to put the brakes on crypto
markets by warning
against initial coin offerings and the
cryptocurrencies that encourage them.
Recent reports indicate that intelligence services in South Korea suspect that North Korea is behind additional attacks
against domestic
cryptocurrency exchanges, including
market - leader Bithumb.
Once launched, Bitcoin futures contracts would allow investors and traders to trade the
cryptocurrency at a certain
market value, something that would hedge
against any risks that the digital currency may suddenly plunge in value.
The embracive stance toward blockchain technology is in stark contrast to China's crippling curbs
against local
cryptocurrency markets which has seen initial coin offerings (ICOs) outlawed and crypto exchanges phased out to effectively shutter domestic trading
markets.