StreetInsider.com News Articles

Crypto trading bot Banana Gun clears $8B in annualized volume

Thu, 12 Mar 2026 08:05:05 -0400

Investing.com -- Banana Gun, an automated, Telegram-based crypto trading bot, has reached a major growth milestone, surpassing $8 billion in annualized trading volume, Investing.com has learned.

Banana Gun’s trading activity is now said to closely track patterns traditionally seen on retail brokerage platforms such as Robinhood and E*TRADE.

According to the data, average trade sizes are hovering around $635, roughly in line with typical retail equity and ETF transactions.

Banana Gun has processed $16.09 billion in cumulative volume and 25.3 million trades since its 2023 launch, supported by a global user base of 1.3 million.

The platform is currently averaging 16,619

Crypto trading bot Banana Gun clears $8B in annualized volume

Thu, 12 Mar 2026 08:05:05 -0400

Investing.com -- Banana Gun, an automated, Telegram-based crypto trading bot, has reached a major growth milestone, surpassing $8 billion in annualized trading volume, Investing.com has learned.

Banana Gun’s trading activity is now said to closely track patterns traditionally seen on retail brokerage platforms such as Robinhood and E*TRADE.

According to the data, average trade sizes are hovering around $635, roughly in line with typical retail equity and ETF transactions.

Banana Gun has processed $16.09 billion in cumulative volume and 25.3 million trades since its 2023 launch, supported by a global user base of 1.3 million.

The platform is currently averaging 16,619

Kashkari criticizes crypto, defends Fed independence amid political pressure

Thu, 19 Feb 2026 09:52:18 -0400

Investing.com -- Federal Reserve Bank of Minneapolis President Neel Kashkari delivered pointed criticism of cryptocurrency while defending the Fed’s independence during a speaking engagement in North Dakota on Thursday.

During a question-and-answer session, Kashkari expressed skepticism about cryptocurrency’s practical value, stating that "crypto has been around for more than a decade and it’s utterly useless," while contrasting it with artificial intelligence tools that people use daily.

When discussing payment innovations like stablecoins, Kashkari challenged their practical utility compared to existing payment systems like Venmo or Zelle. "I can send any one of you $5 with Venmo or PayPal or Zelle. So what

Kashkari criticizes crypto, defends Fed independence amid political pressure

Thu, 19 Feb 2026 09:52:18 -0400

China intensifies crypto crackdown: Central bank bans overseas issuance

Fri, 06 Feb 2026 08:41:22 -0400

Investing.com -- China’s central bank announced Friday that it will further tighten restrictions on virtual currencies and related business activities.

In a notice released by Chinese authorities, the central bank emphasized that "virtual currencies do not have the same legal status as fiat currencies" and declared that business activities related to virtual currencies are "illegal financial activities."

The statement also specified that "domestic entities and their controlled overseas entities are prohibited from issuing virtual currencies overseas" without official approval.

This move reinforces China’s long-standing prohibitive stance on cryptocurrency activities. The central bank’s announcement is part of a broader effort to control financial risks

China intensifies crypto crackdown: Central bank bans overseas issuance

Fri, 06 Feb 2026 08:41:22 -0400

Investing.com -- China’s central bank announced Friday that it will further tighten restrictions on virtual currencies and related business activities.

The statement also specified that "domestic entities and their controlled overseas entities are prohibited from issuing virtual currencies overseas" without official approval.

This move reinforces China’s long-standing prohibitive stance on cryptocurrency activities. The central bank’s announcement is part of a broader effort to control financial risks

China bans entities from issuing unapproved crypto overseas

Fri, 06 Feb 2026 08:15:54 -0400

(Updated - February 6, 2026 8:15 AM EST)

China has banned domestic entities from issuing unapproved cryptocurrencies overseas, according to a statement from the People's Bank of China reported by Xinhua news agency.

The central bank specifically prohibited Chinese entities and their subsidiaries from issuing yuan-linked stablecoins abroad without proper authorization. The statement represents an extension of China's domestic cryptocurrency restrictions to overseas activities by Chinese companies.

The People's Bank of China reiterated that cryptocurrency business remains illegal within China's borders. The new directive expands regulatory oversight to include international cryptocurrency activities conducted by Chinese entities.

The announcement comes as part of ongoing efforts

China bans entities from issuing unapproved crypto overseas

Fri, 06 Feb 2026 08:15:54 -0400

(Updated - February 6, 2026 8:15 AM EST)

China has banned domestic entities from issuing unapproved cryptocurrencies overseas, according to a statement from the People's Bank of China reported by Xinhua news agency.

The announcement comes as part of ongoing efforts

Bitcoin drops $70,000

Thu, 05 Feb 2026 06:28:28 -0400

Bitcoin dropped below $70,000 on Thursday, a level not seen since November 5th, 2024.

Bitcoin drops $70,000

Thu, 05 Feb 2026 06:28:28 -0400

Bitcoin dropped below $70,000 on Thursday, a level not seen since November 5th, 2024.

Bitcoin plummets, driving $2 trillion tumble in crypto market value

Thu, 05 Feb 2026 01:20:49 -0400

By Gertrude Chavez-Dreyfuss, Rae Wee and Amanda Cooper

NEW YORK/SINGAPORE/LONDON, Feb ⁠5 (Reuters) - Bitcoin plunged on Thursday, its ⁠decline accelerating amid ‍weakening risk sentiment driven in part by volatility in precious metals and a broad selloff in tech shares.

The world's largest cryptocurrency fell to a low of $63,295.74, its weakest level since October 2024, a month before Republican Donald

Bitcoin plummets, driving $2 trillion tumble in crypto market value

Thu, 05 Feb 2026 01:20:49 -0400

By Gertrude Chavez-Dreyfuss, Rae Wee and Amanda Cooper

The world's largest cryptocurrency fell to a low of $63,295.74, its weakest level since October 2024, a month before Republican Donald

Crypto market volatility triggers $2.5 billion in bitcoin liquidations