Tag: Trading

  • The Complete Guide to Bot Trading: Automate Your Cryptocurrency Strategies

    In the ever-evolving digital realm of cryptocurrency, trading is moving way beyond mere human speed and precision. Bot trading, an innovative game-changer, is transforming the landscape drastically – empowering traders to automate their strategies with unparalleled efficiency while they sleep. So, whether you’re a seasoned trader or just dipping your toes into the turbulent waves…

  • Paytm expects F&O and equity trading to be big part of financial services revenue in 12-18 months

    Paytm’s parent company One97 Communications expects wealth management through futures and options (F&O) and equity trading to become a big part of financial services distribution revenue in the next 12-18 months, its president and chief operating officer Bhavesh Gupta told analysts on Saturday.He said with Paytm now focusing on high-ticket loans, the loss in revenue…

  • Bitcoin price drops to around $42,000 after spot ETF trading begins

    The price of Bitcoin nosedived to around $42,000, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started trading in the US.Bitcoin reached a high of $46,000 last week and surged to a two-year high of $49,000 last week, when bitcoin ETFs began trading in the US. Elevate Your Tech Prowess with…

  • Bitwise bitcoin ETF draws most inflows on first trading day, company says

    Crypto asset manager Bitwise said on Friday that $240 million flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. The US Securities and Exchange Commission approved 11 spot bitcoin ETFs this week, including BlackRock‘s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin…

  • US bitcoin ETFs see $4.6 billion in volume in first day of trading

    US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday.The products mark a watershed moment for the cryptocurrency industry that will test whether digital assets – still viewed by…

  • $3 Billion of New Bitcoin Funds Change Hands in First Trading Day

    Bitcoin’s price briefly rose to $49,000 on Thursday before dipping to $46,000. Optimism that the funds were nearing approval by the Securities and Exchange Commission drove Bitcoin’s price up more than 60 percent over recent months to its highest levels since the market imploded in 2022. The approvals were a major victory for the crypto…

  • Nigerian central bank lifts ban on crypto trading

    Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular.The Central Bank of Nigeria (CBN) in February 2021 barred banks and financial institutions from dealing in or facilitating transactions in crypto assets, citing money laundering…