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“# FTX customer seeks help after mistaken deposit allegedly results in $1M in fees ” A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault. On Oct. 6, the Rekt Blog published screenshots…
“# New Zealand’s Easy Crypto raises $11.75M, eyes stock market float ” New Zealand-based crypto exchange Easy Crypto has raised $11.75 million (NZD $17 million) in Series A funding, as the firm eyes a potential initial public offering (IPO) in the future. The round was led by venture capital fund Nuance Connected Capital. According to…
“# Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale ” EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has…
“# Price analysis 10/6: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization today, pulling the total crypto market capitalization close to $2.3 trillion. This marks a complete 100% recovery from the June 22 lows when the total crypto market capitalization had plunged to about…
“# UAE crypto exchange BitOasis raises $30M to expand in MENA ” Dubai-based cryptocurrency trading platform BitOasis is expanding in the Middle East and North Africa (MENA) with another major funding round. BitOasis closed a $30-million Series B funding round led by Chicago-based venture capital firm Jump Capital and Dubai-based VC company Wamda Capital, according…
“# Indian crypto exchange CoinSwitch Kuber raises $260M ” Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round. According to an official announcement on Oct. 6, the new funding has propelled CoinSwitch Kuber to the “very top” of Indian unicorns as the firm…
“# Robinhood launches 24/7 phone support, crypto users included ” Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing userbase, including the millions of users who’ve signed up to access cryptocurrency investments. Users of the app will now be able to speak with a live customer…
“# Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls? ” Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn’t seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether’s…
“# These 3 indicators flashed bullish ahead of the recent Bitcoin price pump ” In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset’s price action, which means it’s important to stress that correlation doesn’t imply causation. While it may be easy to connect a regulatory…
“# Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for…