FreiExchange News The FreiExchange News Channel offers comprehensive coverage of all things related to FreiExchange and its various trading assets. It presents up-to-the-minute news, nuanced market analyses, trends, forecasts, and recent market changes. The latest two news from FreiExchange :
Bitcoin Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Bull Run,
Korea eyes FX rules for stablecoins used in cross-border trade: report
BTC takes a bull breather at the key $90,000 barrier that CoinDesk identified last week.Crypto trade
South Korea is planning to impose foreign exchange controls on stablecoins, underscoring the governm
The EUROC stablecoin was issued in June 2022, allowing for a Circle-backed DeFi forex market to emerge for the first time.
Onomy protocol founder Lalo Bazzi highlights self-custody as one of the “core tenants of crypto” as the market comes down from the FTX scandal which saw millions of user funds mismanaged.
BNB Chain represents 36.6% of the market share for GameFi ecosystems, which is followed by Ethereum at 20.2% and Polygon at 11.8%.
The latest partnership extension comes after a successful year for both brands.
Bitstamp, a bitcoin exchange based in Luxembourg has announced the launch of Tether’s first Euro-based stablecoin, EURt. Tether-issued stablecoins already hold a dominant position in the European crypto sphere, and with rising demand for stablecoins, EURt could be the answer to exceptional profit margins for Bitstamp. The press released has dated the launch to 22nd July, Thursday and it states that the coin will be available for trading on both, on the website, i.e., bitstamp.net, and the Bitstamp app.
It is well-known that poor trading conduct is commonplace across the cryptocurrency markets. Unfortunately, there isn’t much to speak of in terms of enforcement.
How cryptocurrency is socially and economically perceived by countries is in a constant state of change. Every article of news such as “China To Ban Crypto,” or “Tesla Accepts Bitcoin,” directly affects crypto market prices. Related to the effect of such current events, opinions held on bitcoin are in a constant state of flux. South Korea’s views on Bitcoin and crypto have fluctuated between 2017 and 2021, ranging between “zero,” and “hero,” in recent times. With that said, cryptocurrencies in South Korea stand in contradiction to the global market. But why is this?
Bitcoin evangelist Max Keiser says that BTC has the potential to become the new base layer currency and replace the entire $5 trillion foreign exchange (FX) market.