Not exact matches
The
trader, who is only known by his bitcoin address, purchased the
coins between Feb. 9 and Feb. 12, hiking his holdings in the
digital currency to more than 96,000
coins from about 55,000
coins.
The CFTC said: «These pump and dumps occur in the largely unregulated cash market for virtual currencies and
digital tokens, and typically on platforms that offer a wide array of
coin pairings for
traders to buy and sell.
While many cryptocurrency investors don't follow technical analysis, the
digital -
coin universe is drawing interest from professional
traders who pay growing attention to the indicators, after the token vaulted to a record in December.
Earlier this week, SEC chairman Jay Clayton reinforced the regulator's message to potential
digital currency
traders on the risks involved with initial
coin offerings (ICOs) during an interview with Fox Business.
The comment by Kim Dong - yeon on Wednesday comes as
traders at home and around the world have been spooked by conflicting comments from government officials in South Korea, a major hub for cryptocurrency trade, that Seoul was planning to ban local
digital coin exchanges.
If it weren't for bitcoin miners, investors,
traders and consumers would have none of the leading
digital coin with which to transact.
These exchanges, which match buyers and sellers and sometimes hold
traders» funds, have become magnets for fraud and mires of technological dysfunction, a Reuters examination shows, posing an underappreciated risk to anyone who trades
digital coins.
Digital coin exchanges are also frequently under assault by hackers, resulting in down times that can sideline
traders at critical moments.
This week, US Securities and Exchange Commission (SEC) chairman Jay Clayton bolstered the national regulator's message to potential
digital currency
traders on the risks involved with initial
coin offerings (ICOs).
Additionally, during a recent television interview, SEC chairman Jay Clayton reinforced the regulator's message to potential
digital currency
traders on the risks involved with initial
coin offerings (ICOs).
The
digital currency, however, found a floor at some $ 15,000 per
coin — this only after several platforms suspended
traders from selling.