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Statement from SEC Member: How Will Biden Management Take Care of Cryptocurrency Regulations?

Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of liquidations is causing extreme volatility and large price swings in the cryptocurrency market.Total Bitcoin liquidations. Source: Bybt.com In the Bitcoin futures market, traders borrow additional capital to bet …

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Blockchain.com Also Stops Trading XRP

Blockchain.com, a crypto exchange, has announced that it will stop trading XRP. This is a ruling over the SEC’s lawsuit against Ripple, the company behind XRP, claiming that the token is actually an unregistered security. Exchanges like Coinbase and eToro have said they will stop all XRP transactions. Blockchain.com, a …

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