Users of the site itself suffered the most because of the situation with the Binance cryptocurrency exchange – they lost $96.55 million. They are followed by users of OKX ($81.30 million) and Bybit ($36.77 million). Also, almost 109,000 positions of traders have been liquidated in the last 24 hours. Bitcoin orders accounted for about $111 million and Ether $38 million. The largest single liquidation order, worth $9.94 million, was recorded on the Bitmex exchange. Yesterday,

Tether, the USDT stablecoin issuer, has announced that it is expanding its presence in the Georgian market through an investment in payment processing operator CityPay.io. CityPay.io operates in over 600 locations across the country, including shops, hotels, restaurants, and more. CityPay.io is available to Wendy’s and Radisson Hotels customers. The investment in CityPay.io is the first step towards expanding the company’s presence in Georgia, Tether says.  “We are excited to work with CityPay.io to bring

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

Decentralized crypto exchange Gate.io has denied rumors of its insolvency problems, which Twitter users have linked to the crisis on the Multichain platform. The Gate.io team stated that “the company’s operations are going well” and that all forces are now focused on creating a subsidiary trading platform in Hong Kong called Gate.HK. The announcement came after it was circulated on Twitter  that  the exchange was insolvent due to an alleged connection to the Multichain Cross-Chain

Hedging, Scalping & News Trading – What Are They?   These are commonly known strategies across the Forex and CFD trading markets, but what exactly are they? Here is a light guide for beginners who are interested in learning more about these trading techniques as well as, a brief introduction to technical and fundamental analysis.      1. Hedging To hedge, in trading, is to take an inverse position in an asset or trade that

According to Reuters, holders of the first cryptocurrency on the Binance Australia platform are selling bitcoin at a discount of 9,000 Australian dollars (almost $6,000). On the Binance Australia platform, the price of bitcoin was around 34,000 Australian dollars ($23,000). At the same time, on the local cryptocurrency exchange BTC Markets, the price of the first cryptocurrency reached 43,000 Australian dollars ($28,050), and outside of Australia, bitcoin was trading at $27,790. Reuters suggests that such

Investing in the stock market can be daunting, especially for beginners with little knowledge or experience. But there’s a type of investment that offers a relatively safe way to get started: index funds. In this article, we’ll explore why index funds are a great investment choice and why you should consider them for your portfolio. However, this article should not be construed as investment advice, as you should always do thorough research and determine your

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get

The American billionaire and reality show star Shark Tank proposed an option by which cryptocurrency issuers could avoid persecution by the US Securities and Exchange Commission (SEC). Mark Cuban believes that crypto-issuers could immediately issue their assets and use them to provide liquidity through decentralized finance (DeFi), but then it is worth disbanding the original organizations that issued crypto-assets. Cuban is confident that this will ensure true decentralization, and regulators will not be able to

Tesla and SpaceX CEO Elon Musk warned investors not to put everything on the line when investing in Dogecoin, stating that DOGE is his favorite coin. At a London conference hosted by The Wall Street Journal, Elon Musk urged investors not to place too much hope on the meme cryptocurrency DOGE. Crypto assets are characterized by high volatility, and such investments can entail risks, the billionaire said. However, he openly admitted that among all digital