Cryptocurrency

Our weekly roundup of news from East Asia curates the industry's most important developments. GBA Capital, a Chinese venture capital fund based in Shenzhen, has pledged $10 billion for an inaugural Web3 fund focusing on virtual reality, metaverse assets, and non-fungible tokens.  During the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference on December 26, Haolong Li, Chairman of GBA Capital,saidthat its new Web3 Fund will help the region become the "world's meta-asset capital." GBA Capital is backed by China's state-owned National Engineering Laboratory and financial institutions including the Asia Pacific Investment Bank and China Europe International Financial Group. The firm provides education training, industry capital, and investment incubation for Web3 and AI startups. Tencent's new blockchain fleet management patent Chinese technology conglomerate Tencent ...

[unable to retrieve full-text content] US court orders Mirror Trading International to pay $1.7 billion in restitution for crypto fraud    Reuters

Historic transaction establishes combined company as one of the largest regulated crypto investing ecosystems in Canada with over 1.6 million registered users Mogo becomes the largest shareholder of the combined company, WonderFi Technologies Inc. VANCOUVER, British Columbia, July 10, 2023 --(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ("Mogo" or the "Company"), one of Canada's leading financial technology companies, today announced that Coinsquare Ltd. ("Coinsquare"), in which Mogo had a 34% ownership stake, WonderFi Technologies Inc. (TSX: WNDR; OTCQB: WONDF; WKN: A3C166) ("WonderFi") and CoinSmart Financial Inc. ("CoinSmart"), have closed their previously announced business combination transaction. This transaction positions the resulting entity, WonderFi, and its registered operating subsidiaries, as one of the largest regulated crypto investing ecosystems in Canada offering Canadians a wide range of diversified products ...

FOREX.com and Robinhood focus on different markets. As a result, the evaluation criteria for fees between both brokers are different. Robinhood offers zero-commission trading for stocks, options, ETFs, and cryptocurrencies. Investors can opt for a Robinhood Gold account for a monthly $5 fee. Gold members get access to margin trading (including $1,000 of interest-free margin), access to larger deposits, and access to Morningstar stock research reports. FOREX.com does not charge a fee, but instead charges a spread or commission based on trading volume. Pricing is based on the type of account a trader has with FOREX.com. For currency pairs, the spread is the difference between the bid and ask rates when trading currencies. The bid-ask spread is the difference between the prices at which a broker buys and sells a currency. Traders looking to sell are quoted the bid price, and a trader looking to buy is quoted the ask price. Spreads vary based on the currency, the time of day, economic cond...

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

A major transfer of 71.2 million DOGE , worth around $6.39 million , was made to the Robinhood trading platform, coinciding with a 3% drop in Dogecoin's value over the last 24 hours, sparking speculation among analysts about the cryptocurrency's price movements. Dogecoin's current trading price is $0.09066 , reflecting a 3% decrease in the past day, with market participants scrutinizing the potential influence of recent large transactions on the coin's sentiment. The Dogecoin market has seen several significant transactions, including transfers of 367 million DOGE ($33.63 million) and nearly 1 billion DOGE ($91.20 million) , highlighting a pattern of substantial whale movements that could impact its market trajectory. Big moves are happening in the world of Dogecoin! A whopping 71.2 million DOGE, valued at $6.39 million, has been sent off to trading platform Robinhood. But that's not all—this is just one part of a string of major transactions ...

News Home Tuesday, December 26, 2023 08:26 AM | InvestorsObserver Analysts Mentioned in this article Coinbase Global Inc (COIN) is lower by Tuesday morning, with the stock losing -1.05% in pre-market trading to 173.63. COIN's short-term technical score of 86 indicates that the stock has traded more bullishly over the last month than 86% of stocks on the market. In the Financial Data & Stock Exchanges industry, which ranks 7 out of 146 industries, the stock ranks higher than 75% of stock...