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Turkey tightens crypto regulations with new rules for exchanges, custodians

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with…

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Lower leverage as positions grow

Lower leverage as positions grow

Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges. On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss…

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Will Bitcoin price reclaim $95K before the end of March?

Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin’s…

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How to buy Bitcoin with a Credit Card: Beginner guide

Key takeaways Buying Bitcoin with a credit card offers nearly instant transactions and convenience, but it costs you higher fees and potential blocked transactions from card providers. Centralized exchanges like Coinbase and Kraken are the easiest reputable platforms on which to buy Bitcoin with credit cards. To protect yourself during transactions, only use trusted exchanges…

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Dollar dithers, yen gains on BOJ rate hike bets

Dollar dithers, yen gains on BOJ rate hike bets

By Rae Wee SINGAPORE (Reuters) -The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on U.S. inflation and growth, while the yen ticked higher on favourable domestic conditions for more policy tightening. A rise in global trade tensions and worries over U.S. recession risks have…

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New XRP Pair Goes Live on Major Exchange

Binance US, the local arm of cryptocurrency trading behemoth Binance, has announced that the XRP/USD pair is now available for trading.  Due to the SEC lawsuit against Ripple, the cryptocurrency trading platform moved to suspend XRP trading in early 2021 in lockstep with the vast majority of other leading US-based exchanges of the likes of…

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