The crypto market seems to be once again heating up, with Bitcoin (BTC) flirting with the $60,000 mark for almost a week now. However, despite its bullish outlook, the flagship crypto has failed to steer clear of the aforementioned price range with any sort of conviction, even though it did break through once, albeit for a brief period of time. Regardless, analysts, such as Filbfilb, co-founder of trading suite DecenTrader, and Willy Woo believe that with the Coinbase IPO looming large on the horizon, Bitcoin seems primed for big things in the near term, especially as the premier crypto continues …

Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal limits” set by one of the infrastructure providers. The load on Wazir’s system reportedly created “a ripple effect on all the services,” causing some of the exchange’s 1.8 million users to report being unable to see any funds in their accounts during the outage. “It’s because parts of the system are not working,” said Shetty. “One such system is the one that shows …

If prices plummet in an illiquid market, how soon before anyone notices? While fungible tokens traded on centralized and decentralized exchanges have significant transparency regarding price movements, nonfungible tokens can be harder to track. Because of their illiquid nature, gauging the sentiment of the overall market for a project can be difficult — a dynamic that has led one eGirl Capital member, Mewny, to dub NFT corrections ‘silent crashes.’ i really like @mewn21 phrasing of NFT crash as a "silent crash" why? in liquid markets, you can see prices going down every day. in NFT-land, sellers have slower "market reaction". …

Thailand’s Securities and Exchange Commission has clarified its guidelines to stipulate that those trading cryptocurrencies in the country should have some foundational knowledge. In a Facebook Live video from the Thai SEC today, secretary-general Ruenvadee Suwanmongkol said the regulatory body’s proposed guidelines now say that people interested in investing in digital assets must have previous experience in crypto trading. She added that those new to the market should attend a cryptocurrency trading training course or pass a test to prove their knowledge. Suwanmongkol said that the commission was organizing a free training course called Crypto 101 for investors who have …

Anchorage Digital Bank, a pioneer of digital asset custody, and cryptocurrency trading platform Prometheum are in the final approval phase for an alternative trading system, or ATS, tailed specifically for crypto investors. Prometheum Ember ATS, also known as PEATS, is vying to bring alternative trading system technology to digital assets. PEATS will open to traders pending final regulatory approval by the United States Securities and Exchange Commission, or SEC. PEATS is currently undergoing the SEC's rigorous "Three-Step Process" for approving a public ATS. Once launched, Anchorage will custody all digital assets transacted through PEATS. Commonly found in traditional financial markets, …

Cryptocurrency wallet and trading platform Uphold has received regulatory approval to purchase JNK Securities, a U.S. broker-dealer. In an announcement from Uphold today, the U.S. Financial Industry Regulatory Authority, or FINRA, gave the firm the green light to acquire JNK Securities. Uphold said the acquisition is aimed at allowing the platform to launch fractional equities in the United States later this year in addition to providing an interface for users to trade between crypto, stocks, carbon credits, precious metals, and other assets. “Bitcoin to Tesla stock in one seamless user experience will soon become a reality for our U.S. customers,” …

What are the tools that TradeSanta offers? The platform enables traders to connect their accounts to top exchanges, and set up a bot in under five minutes. TradeSanta supports a wealth of long and short strategies, and enables technical indicators to be used so trades are opened at opportune moments. The company also says it paves the way for large volumes of crypto to be traded without impacting spot prices. No two traders are the same, let alone their trading tactics. Preset bot templates are available — and as an alternative, customized strategies can also be built from scratch. Coupled …

As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated. The situation becomes even worse as centralized exchanges also offer staking opportunities. Therefore, the need for a liquidity aggregator that connects to several decentralized and centralized exchanges has become quite clear. Orion Protocol aims to provide access from a single platform for users to trade and swap pools. Instead of competing with exchanges, the service aggregates order books and liquidity into one decentralized platform. When in …

A social crypto trading platform connects professional traders with new investors — creating a win-win situation. Learning about cryptocurrencies can be a steep learning curve, and according to Tycoon, mastering the art of trading well is also difficult and time consuming. The platform aims to improve accessibility into this flourishing space through the use of API technology — meaning that a trader who is starting out can connect to a more experienced professional and copy their moves in real time. Tycoon says this approach can help newcomers accelerate their educational journey, all while potentially making the process much more rewarding …

In the month since Cointelegraph Markets Pro launched, bringing professional crypto market intelligence to every investor, the platform has helped hundreds of early subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief round-up, we wanted to draw attention to some of the highlights since the platform went live, including a critical look at a variety of back-tested strategies that the Markets Pro team has been tracking. Cointelegraph Markets Pro consists of two unique research features, in addition to a wide variety of market performance metrics and access to a …

Bitcoin (BTC) briefly reclaimed the $60,000 level on March 18 as concerns over the strength of the equities market mounte due to rising U.S. Treasury yields. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin began increasing in the late-night trading hours on March 17, and it briefly crossed above $60,150 before meeting overhead resistance. According to Ben Lilly, an analyst and co-founder of Jarvis Labs, momentum from stablecoin issuance has translated into good price action for BTC over the past two days. This is in contrast to the stop-and-go action in new issuance seen earlier in …

FalconX, a cryptocurrency exchange focused on institutional investors, has raised $50 million from Tiger Global and B Capital Group — highlighting once again that digital assets are becoming more mainstream. FalconX didn’t specify how the funds would be deployed, but if it’s anything like previous fundraisers, the money will likely go towards business development. FalconX raised $17 million in May 2020 to finance several growth initiatives, including adding new infrastructure and expanding its product offerings. At the time, FalconX told Cointelegraph that it uses data science to provide a more competitive trading environment for professional investors. In addition to Tiger …