Ripple has filed a motion to compel the United States Securities and Exchange Commission to disclose its internal cryptocurrency trading policies as part of the ongoing legal battle with the securities regulator. James Filan, an attorney closely following the SEC's case against Ripple, shared a new motion document seeking to bring clarity to whether the SEC permitted its own employees to trade XRP, which, as per the regulator’s allegations, is an unregistered security. Filed on Friday on behalf of several defendants — including Ripple Labs, Ripple CEO Brad Garlinghouse, and Ripple executive chairman Chris Larsen — the motion asks the …

Every week, subscribers of Cointelegraph's data analytics platform receive a detailed breakdown of each algorithmic tool's performance. Over the weekend, Cointelegraph's Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, shared the latest VORTECS™ Report with its subscriber community. The full report, available only to subscribers, zooms in on the past week’s biggest-gaining tokens as identified by the system's artificial intelligence tools and offers interpretations of the data that it makes available to traders. Here are some of the highlights of the latest report: Altseason is here. The Altseason Indicator, CT Markets Pro's metric that assesses …

In a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets while advocating for investments in traditional safe-havens such as gold. The co-founder of Paulson & Co, a New York-based firm launched in 1994, Paulson was a historic beneficiary of the United States housing financial market collapse of 2008 after placing a legendary successful short position. However, Paulson recently took the decision to devolve his hedge fund into a family office after a 76.5% reduction in assets under management, from a peak of $38 billion in 2011 to $9 billion in …

Whenever there's data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it's degenerate gamblers using high leverage or other risky instruments. There's no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market. Recently, concerned investors such as Nithin Kamath, the founder and CEO at Zerodha, questioned how derivatives exchanges could handle extreme volatility while offering 100x leverage. When a platform offers leverage or funds the customer to buy for more than the money in the account, the platform takes …

An artificial intelligence-powered platform designed to enhance traditional mobile banking with seamless crypto integration is about to launch v2 of its mobile application, describing it as an all-in-one crypto-financial solution. BlockBank, which describes itself as a platform designed for professional traders and new retail market participants, reported that the new version of its application is a significant advancement compared to what has been offered in the space so far. The application is said to consist of four main components: a centralized custodial wallet, a non-custodial Web 3.0 wallet, banking and an AI-powered robo-advisor. The team emphasized that users won’t have …

Crypto grew to represent 73% of trading commissions on popular retail trading app eToro in the second quarter. eToro announced its Q2 results on Aug. 25, with the firm posting $362 million worth of total trading commissions and reporting its assets under administration had reached $9.4 billion. In an investor update released on the same day, the firm outlined that crypto-assets accounted for 73%, or $264.26 million of commissions, which marked a massive 2259% increase compared to the $11.2 million reported in Q2 2020. Overall trading volumes are up 125% on Q2 2020, with Yoni Assia, the CEO and co-founder …

VGX is the native token of Voyager, a cryptocurrency broker, and the asset is designed to generate staking rewards for its holders as well as boost their yield earnings on other digital assets. Over the last 30 days, the asset delivered even more value as it has more than doubled its price against the United States dollar and gained 46% over the resurging Bitcoin (BTC). What caused the coin’s price to soar, and was there a way to anticipate its rally early on? Breaking news, familiar market patterns VGX’s August price surge was an expected byproduct of bullish news coming …

Over the weekend, Cointelegraph's Markets Pro subscription service, which offers institutional-grade research tools for crypto traders, shared its latest VORTECS™ Report with its Discord community. The report, available only to subscribers, highlights the past week’s biggest-gaining tokens as identified by the system's artificial intelligence algorithm. Ten top altcoins made profits of 50% or greater, half of them rallying following either an 80+ VORTECS™ Score or a timely NewsQuake™. The longer, the better: High-scoring coins delivered robust average returns that increased after longer times. Listing announcements propelled SRM and Enjin Coin (ENJ) to solid gains. Four out of ten top-gaining coins …

Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017. In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the past few years, as well as Visa’s commercial incentives in this investment. Sheffield claimed, “To help our clients …

In financial markets, the uneven distribution of information comes hand in hand with the uneven distribution of economic power. The cryptocurrency market is no exception, and oftentimes, those with insider knowledge or access to industry-grade data intelligence tools can put their digital assets to work in ways the everyday retail investor can’t. Still, regular traders can profitably leverage publicly available, market-moving news if they are lucky enough to get to it before the rest of the pack. Research suggests that certain types of news announcements — such as those related to staking, listings and partnerships — have the greatest potential …

Retail shareholders of crypto-friendly trading app Robinhood are demanding a crypto wallet along with a branded hat and hoodie, a public shareholders questionnaire revealed. The public question crowdsourcing platform Say, which was Robinhood’s first purchase after it went public, enabled retail shareholders of Robinhood to ask and upvote questions in a Reddit-style interface. “Management will address a selection of the most upvoted questions relating to Robinhood’s business and financial results on the earnings call,” Say explained. The top question directed to the Robinhood management by retail shareholders as of Wednesday was about introducing a crypto wallet within the trading app. …

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of a trading range. Sometimes, this leads to the formation of a rectangle pattern, which can also be described as a consolidation or a congestion zone. Bearish and bullish rectangles are generally considered to be a continuation pattern, but on many occasions, they act as a reversal pattern that signals the completion of a major top or bottom. Before diving in to learn more about the …