Huge saga faced the OKX exchange and it’s users as their native token ,OKB,plunges 50% in a flash putting many in loss. Many users were left in panic ,as the kept figuring out the cause of the abnormal price fluctuation. Some users bantered over so many ideas to know the cause,as some accused whales(traders with […]
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Mass liquidation on OKX ,as price flashes lower
Popular Crypto Exchange – “OKX”, Alleged of scam Operation
The second largest exchange,OKX,with over $10 billion liquidity in trading volume ,has been trolled for been deceptive in their operation. Amidst their recent global development, gaining a regulatory approval in Dubai and monthly proof of reserves ,OKX faces a saga, questioning it’s transparency and fairness The accusers to this claim is the lastest token network […]
Bitcoin won’t succeed even after ETF , Castle fund CEO gives reasons..
The chief executive officer of the Castle funds investment firm , Dan Hoover ,in a meeting with crypto-news throws more light on the Bitcoin ETF , already discussed by cryptofxrate. Dan gives more insights on the Bitcoin ETF which was approved earlier on January 2024.Stating the Cons and Pros of the ETF approvals and also […]
Pastor faces legal actions for defrauding members with fake crypto coin.
The pastor of the victorious grace church in Colorado ,Pastor Eligio “Eli” Regalado and his wife, Kaitlyn,are in the face of judgment over an allege of defrauding members with fake crypto token. These members were been leverage upon in believing that the crypto token is from God and it’s success is guaranteed by Him . […]
Why did bitcoin market price fall after ETF approval?
Many withnessed the Bitcoin ETF approval earlier on January 2024,but do we really know what an ETF is? According to investopedia -“An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund” Bitcoin ETF was more like posing bitcoin ,a cryptocurrencies,into the stock market space With the description […]
X(twitter) accepts crypto payments, Analysts predicts:.
Elon musk owned social media X formerly twitter,sets off payment plans. As spotted on twitter, on January 19th 2023,an account themed “X Payments” was brought into limelight. With a vision of making twitter an arena for Financial activities around the globe,Musk company proposes more money transmitter license in USA. X now getting approved by […]
US treasury officials alarms on cryptocurrency regulation
The US treasury official calls for immediate cryptocurrency regulation,After their treasury’s 2022 report mandating the use of cryptocurrency . The U.S treasury Assistant Secretary for Financial Institutions,Graham steele ,in the report emphasized the positive effects cryptocurrency can offer in the economy. He lamented on the great benefit posed from using cryptocurrency such as cross border payment,bills […]
Bitcoin Market Analysis Report 16 May 2019
Bitcoin Market Analysis Report 16 May 2019 Bitcoin Market Update At the time of writing, the Bitcoin price is sitting at $8,028 representing a gain of 1.58% in the last 24 hours. More than 830M worth of BTC were exchanged in the BTC/USD market representing a 15% share of the global daily volume. The […]
Bitcoin Market Analysis Report 07 May 2019
Bitcoin Market Analysis Report 07 May 2019 Bitcoin Market Update According to Cryptofxrates report, Bitcoin price is sitting at $5,928 representing a gain of 4.78% in the last 24 hours. More than $250M worth of BTC were exchanged in the BTC/USD market representing a 10% share of the global daily volume. The pair with most […]