Tag: Trading

Elon Musk’s X launches Smart Cashtags for crypto and stock tracking, adds one-tap trading access through Wealthsimple

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Elon Musk’s X has rolled out Smart Cashtags, a new feature that lets users view real-time stock and crypto data without leaving their timeline, according to head of product Nikita Bier. Cashtags, first introduced in January, is available for iPhone users in the US and Canada. The tool links stock and crypto tickers to live price charts and related posts within the app. The update allows users to tag specific assets or smart contracts, reducing confusion between similarly named crypto, stocks, and other instruments. When users search or post a…

Kavita Gupta: Ethereum outperforms Bitcoin, insider trading poses unique challenges in prediction markets, and long-term strategies are key for navigating volatility

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Key takeaways Ethereum has recently outperformed Bitcoin, signaling a shift in market dynamics. Insider trading definitions vary significantly between prediction markets and traditional securities. Prediction markets face challenges due to insider information affecting the odds. The Delta Blockchain Fund focuses on long-term positions rather than day-to-day trading. There have been significant inflows into Bitcoin and Ethereum ETFs after a period of withdrawals. The crypto market is not dead; prices are moving, indicating survival. Institutional money returning to the market is likely to drive up blue chip tokens. The market is…

SEC sets conditions for crypto trading apps to stay outside broker rules

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The US SEC’s Division of Trading and Markets has outlined conditions under which crypto asset trading interfaces such as DeFi front-ends, wallet apps, or crypto aggregators can operate without registering as brokers. Under US securities law, entities that facilitate or arrange securities transactions may be required to register as broker-dealers with the SEC. However, in a statement issued on April 13, SEC staff indicated that, subject to specified conditions, they would not recommend enforcement action against certain providers operating without registration. That effectively offers a time-limited, conditional staff no-objection framework…

South Korea Flags API Trading at 30% of Crypto Volume

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South Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover, warning that some traders are using automated tools to inflate volumes and manipulate prices. According to reports from Yonhap News Agency and Maeil Business Newspaper, the regulator warned that some traders are using automated tools to inflate volumes and manipulate prices, citing cases involving repeated small trades, spoofed orders and coordinated activity across multiple accounts.  The FSS said it will launch targeted investigations into accounts suspected of using APIs for…

Polymarket Traders Accused of Insider Trading on US-Iran Bet

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Three newly created wallets profited a combined $484,575 on Polymarket betting that the US and Iran would agree to a ceasefire by Tuesday, in the latest event to raise suspicion of insider trading. The wallets were created and funded on Tuesday and had no prior onchain activity before betting on Polymarket’s “US x Iran ceasefire by April 7” market, blockchain data shared by Lookonchain revealed on Wednesday.  Polymarket data shows the profits secured by the three wallets were $200,525, $158,600 and $125,450 at the time of writing.  The “yes” bets…

Democrats Question CFTC Chair on Insider Trading in Prediction Markets

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The seven House members may have affirmed the commission‘s authority over prediction markets, but asked questions about its inaction on insider trading. Seven members of the US House of Representatives sent a letter to Commodity Futures Trading Commission (CFTC) Chair Michael Selig, asking for information on the agency’s inaction on insider trading on prediction markets and event contracts related to war and conflicts. In a Monday letter, the seven US lawmakers said that the CFTC had the authority under the Commodities Exchange Act “to apply its rules and regulations for…

Morgan Stanley Bitcoin ETF set to begin trading tomorrow under MSBT

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Morgan Stanley’s spot Bitcoin ETF appears set to begin trading Wednesday after the SEC declared the Morgan Stanley Bitcoin Trust effective and the bank filed its final prospectus. Bloomberg ETF analyst Eric Balchunas said in a post on X that the fund looks set to go live April 8, citing a screenshot of the NYSE listing notice. The trust is expected to trade on NYSE Arca under the ticker MSBT. The filing confirms Morgan Stanley is entering the crowded US spot bitcoin ETF market with a physical product that will…

Stablecoins dominate crypto trading volumes amid geopolitical tensions

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Stablecoins now lead crypto trading volumes, showing a shift towards safer assets amid geopolitical tensions. Bitcoin’s odds of reaching $100,000 by June 30 face pressure, with current market sentiment skeptical. The focus on stablecoins indicates a risk-off environment, as investors prioritize safety over volatility. This trend could affect Bitcoin’s price targets, especially with odds for exceeding $100,000 by June 30 under scrutiny. Geopolitical tensions involving the US, Russia, Iran, and Venezuela drive the use of stablecoins as financial workarounds. The stablecoin surge suggests reliance on digital dollars to bypass traditional…

Schwab to launch spot Bitcoin and Ethereum trading in early 2026

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Charles Schwab plans to launch spot Bitcoin and Ethereum trading through its banking subsidiary in early 2026. The market for Bitcoin surpassing $100,000 by June 30 currently lacks specific odds. Schwab’s move into crypto trading marks a major step for institutional adoption, managing nearly $12 trillion in assets. This could strengthen bullish sentiment for Bitcoin, which has remained stable despite geopolitical tensions. Schwab joins other financial giants in embracing digital assets, aligning with U.S. regulatory trends. Increased institutional participation could drive crypto prices higher. The market reaction is unclear due…

Stablecoins Dominate Crypto Trading as Retail Activity Drops: CEX.io

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Stablecoins were a rare bright spot in an otherwise subdued crypto market in the first quarter, with supply growth and transaction activity pointing to sustained demand even as broader market conditions weakened. Total stablecoin supply increased by roughly $8 billion to a record $315 billion in Q1, according to data from CEX.IO. Although this marked the slowest pace of expansion since Q4 of 2023, it still represented growth during a period when the wider crypto market contracted. The data suggests investors rotated into stablecoins as a defensive strategy, boosting their…