Altcoin News by Thebittimes.Com

International broker Interactive Brokers has partnered with OSL to offer retail customers crypto trading in Hong Kong. American trading giant Interactive Brokers has become the first securities broker in Hong Kong to be approved to allow retail customers to trade crypto. In an effort to expand its services in the city the brokerage giant selected OSL, Hong Kong’s public cryptocurrency company, to trade Bitcoin (BTC) and Ethereum (ETH), according to a blog announcement published by OSL on Nov. 28 2023. Under the partnership agreement, Interactive Brokers’ retail investors in Hong Kong now have access to crypto trading “through a single unified platform powered by OSL.” “This expansion with Interactive Brokers is a testament to our enduring commitment to lead the regulated evolution of the digital asset market.” OSL CEO Hugh Madden You might also like: Hong Kong police investigates Hounax exchange for alleged rug pull David Friedland...

Bitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse. Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors have turned increasingly bullish on Bitcoin and started accumulating more BTC despite the ongoing market crisis, according to a report released by the blockchain intelligence platform Glassnode on Nov. 27. According to the data, there are at least two types of retail Bitcoin investors that have been accumulating the record amount of BTC following the collapse of FTX. The first type of investors — classified as shrimps — defines entities or investors that hold less than 1 Bitcoin ($16,500), while the second type — crabs — are a category of addresses holding up to 10 BTC ($165,000). “Shrimp” investors have reportedly added 96,200 BTC ($1,6 billion) ...