Analyses OKEx Withdrawal Freeze Shakes up Crypto Market – Price Analysis, 19 Oct 2020

Last week the crypto market was shaken by the suspension of cryptocurrency/digital assets withdrawals on OKEx, one of the biggest exchanges. Source: Twitter OKEx explained the cryptocurrency withdrawal suspension with being "out of touch" with one of the private keyholders, preventing the "associated authorization" from being completed. The exc...

Analyses CFTC's Crackdown on BitMEX Causes FUD – Price Analysis, 5 Oct 2020

On October 1st, the US Commodity Futures Trading Commission (CFTC) filed an action against cryptocurrency derivatives exchange BitMEX and its owners, including co-founder and CEO Arthur Hayes. The authority accused them of running an unregistered trading platform and violating CFTC rules, including anti-money laundering and customer identificati...

Analyses Everyone Is Talking About DeFi – Price Analysis, 21 Sep 2020

Everyone in the cryptocurrency world is talking about DeFi! The Klondike fever in the world of decentralized finance intensifies. On Wednesday, September 16th, Uniswap launched its governance token UNI. Uniswap is a decentralized protocol for automated liquidity provision on Ethereum, according to public info on its website. While last week most...

Analyses Interest in Crypto Constantly on the Rise – Price Analysis, 14 Sep 2020

Interest in cryptocurrencies is constantly increasing. In August, the trading volumes on crypto exchanges went up by 75%, according to data by The Block. Last month, the spot crypto trading volume reached $191.2 billion. In July, this figure was $109.3 billion: Source: The Block One of the reasons behind the growing interest in cryptocurrencies...