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Crypto Trading and Strategies

Archived coverage · Forkast crypto archive

  • Crypto Trading and Strategies

    Japan’s SBI Holdings announces plans to launch crypto fund by November

    In another positive move for Japan’s crypto industry, financial services group SBI Holdings Inc. plans to launch a crypto fund in the country before the end of November, according to a report by Bloomberg. Fast facts Citing Tomoya Asakura, president of SBI affiliate Morningstar Japan K.K., Bloomberg reported the fund could grow to several hundred […]

    Lachlan Keller

  • Crypto Trading and Strategies

    FTX FTT token hits all-time high after LedgerX acquisition

    FTX’s exchange token — FTT — has reached a new all-time high following the exchange’s acquisition of crypto derivatives platform LedgerX earlier this week. Fast facts The token hit US$66.33 this morning, according to CoinMarketCap, breaking its previous high of US$61.28, which it set back on May 11, right before the market-wide crash. FTT had […]

    Lachlan Keller

  • Crypto Trading and Strategies

    Crypto exchange Zipmex raises $41M in Series B round for aggressive Asia expansion

    Zipmex, a Singapore-based cryptocurrency exchange, has completed a US$41 million Series B funding round as it innovates toward a “full 360 digital banking offering,” the company said during a media briefing today. Fast facts Investors in Zipmex’s Series B funding round indicate increasing institutional buy-in to the digital assets industry. The investors include Krungsri Finnovate, […]

    Michelle Lim

  • Crypto Trading and Strategies

    Hacked crypto exchange Liquid secures $120M loan from FTX

    While the funds stolen in last week’s cyberattack on Liquid are yet to be returned, the Japanese exchange has secured a US$120 million loan from fellow exchange FTX to cover losses. Fast facts Sam Bankman-Fried, the billionaire CEO of Hong-Kong based FTX, took to Twitter to make the announcement, saying he had always admired Liquid’s […]

    Lachlan Keller

  • Crypto Trading and Strategies

    Led by Vietnam and India, global crypto adoption jumps over 880%

    Asia is now tops in the world in cryptocurrency adoption. Vietnam, India and Pakistan are now the top three countries in the world in crypto use — and other Asian countries aren’t far behind, according to Chainalysis’ 2021 Global Crypto Adoption Index published today. Fast facts Thailand, China and the Philippines also ranked in the […]

    Michelle Lim

  • Crypto Trading and Strategies

    Crypto exchanges diving into esports sponsorships to engage young digital natives

    Bybit, a cryptocurrency exchange based in Singapore, announced today a multi-year partnership with popular esports team NAVI (“Natus Vincere”), which will display Bybit’s logo on NAVI’s jerseys as well as charity initiatives, school projects, and anti-hate and anti-bullying campaigns. Fast facts “The Covid-19 pandemic has changed many established conventions in a number of human experiences,” […]

    Michelle Lim

  • Crypto Trading and Strategies

    BC Group’s OSL digital asset revenues jump 70% in first half

    BC Technology Group, a Hong Kong-listed technology digital asset company and parent of OSL, the first licensed digital asset platform in the city, today announced that its group revenues rose 54% year on year to HK$153 million (US$20 million) in the first half of 2021, driven by a 70% increase in OSL’s digital asset business […]

    Michelle Lim