Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

Advertisements The move may reflect users’ unease about Binance’s regulatory dispute in the U.S., which saw it landed with a $4.3 billion fine in November Cryptocurrency exchange Binance now allows larger traders to keep their assets at independent banks, the Financial Times reported on Tuesday. Previously, they had to hold their assets on the exchangeContinue reading “Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT”

Polymarket Traders See 55% Chance of Second Trump Presidency

Advertisements Trump recently won the first two Republican Party primaries. The U.S. presidential election is ten months away, and traders from Polymarket, a decentralized prediction platform, seem confident that former President Donald Trump will return to power. As of writing, the Yes side shares in the Trump prediction market tied to the “Presidential Election WinnerContinue reading “Polymarket Traders See 55% Chance of Second Trump Presidency”

Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance

Advertisements The platform settled over $500 million in trades on Sunday, briefly becoming the biggest on-chain trading platform. Solana-based trading aggregator Jupiter settled over $500 million in trades in the past 24 hours ahead of its planned token issuance on Wednesday, overtaking Uniswap v3 to become the biggest trading platform by that metric. Jupiter hasContinue reading “Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance”

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is ‘Stronger Than Many People Realize’

Advertisements Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade. Shares of Coinbase (COIN) rose as much as 6% on Friday after investment bank Oppenheimer raised the rating of the stockContinue reading “Coinbase Upgraded by Oppenheimer as Crypto Exchange Is ‘Stronger Than Many People Realize’”

Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry

Advertisements Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report. Bitcoin (BTC) looked to establish a foothold above $40,000 during Thursday’s European trading hours, with the dollar index trading flat ahead of the highly-anticipated U.S. fourth-quarter gross domestic product (GDP) data. At 09:38 UTC, theContinue reading “Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry”

Donald Trump-Labeled Wallet Has Over $1M of TRUMP Meme Coin

Advertisements Issuance of the TRUMP tokens has nothing to do with Trump directly, but some are using the tokens as a speculative bet on his ongoing presidential campaign. A few thousand dollars worth of a meme token TRUMP sent to a Donald Trump-labeled crypto wallet is now worth over $1 million, data tracked by ArkhamContinue reading “Donald Trump-Labeled Wallet Has Over $1M of TRUMP Meme Coin”

Bitcoin Unphased by China’s Stimulus Plan

Advertisements Hong Kong’s Hang Seng Index and the CSI 300 both responded to Beijing’s plan to reboot China’s domestic stock market, but bitcoin remains in the red. Authorities in China are considering a 2 trillion RMB ($278 billion) plan to reboot the ailing stock market, but the impact of the plan – which pushed marketsContinue reading “Bitcoin Unphased by China’s Stimulus Plan”

Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts

Advertisements A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing. Meta’s (formerly Facebook) continued efforts in the digital assets industries are being called out by Rep. Maxine Waters (D-Calif.). The congresswoman said in a letterContinue reading “Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts”

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs

Advertisements Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs. Daily trading volume in the ProShares Bitcoin Strategy ETF has tanked since spot ETFs went live in the U.S. on Jan. 11. Observers said BITO will remain an integralContinue reading “Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs”

Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

Advertisements A statement from B. Riley said it was unaware of any such investigation from the U.S. Securities and Exchange Commission (SEC). Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case, according to a BloombergContinue reading “Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg”

Sui Teams Up With Oracle Stork to Provide Builders With Fast Pricing Data

Advertisements Stork is an oracle purpose-built for the rigors of ultra-low-latency trading. The Sui Foundation, the organization behind layer-1 blockchain Sui that boasts a $2 billion valuation, has teamed up with Stork, an off-chain data feed oracle. The collaboration aims to enhance speed and access to unique index and mark prices for traders and builders.Continue reading “Sui Teams Up With Oracle Stork to Provide Builders With Fast Pricing Data”

Woo Raises $9M to Boost Liquidity of WOO X Exchange

Advertisements Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers. Woo announced that it had closed a $9 million round from a number of current and future market makers on the platform in order to improve liquidity on its WOO X exchange. “We are thrilled to share the expandedContinue reading “Woo Raises $9M to Boost Liquidity of WOO X Exchange”

Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet

Advertisements Developers said the missed finalization was likely due to an expected lack of participation and older network validators. Ethereum’s much-awaited Dencun upgrade went live on the Goerli testnet earlier Wednesday but failed to finalize in the expected time. The upgrade was pushed at 6:32 UTC, blockchain data shows, but did not reach consensus andContinue reading “Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet”

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