Chainlink’s link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and …
Link’s Trading Volume on Coinbase Surpasses That of Bitcoin Read More »
Trading volumes of ether (ETH) — both spot and futures — are rising faster than bitcoin (BTC) volumes, according to The Block Research. It means traders are trading ETH relatively more compared to BTC. One of the main possible reasons for the shift is the recent decentralized finance (DeFi) boom. The Block’s Larry Cermak looked …
ETH trading volumes are rising faster than bitcoin volumes Read More »
The Brazilian Securities and Exchange Commission (CVM) on Monday ordered cryptocurrency exchange Binance to immediately cease offering derivatives trading services in the country. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating …
Binance Ordered to Halt Offering Derivatives Trading in Brazil Read More »
Quick Take Balancer, an n-dimensional automated market maker, has surpassed $100m in AUM Key performance indicators are up across the board as protocol token, BAL, trades at $1.4bn fully diluted market capitalization Despite dramatic growth in liquidity inflows trade volumes remain relatively muted, raising questions around long-term capital efficiency This research piece is available to …
Balancer breaks $100m AUM as BAL begins trading on secondary markets Read More »
Shares of cryptocurrency mining firm Hut 8 Mining Corp. (TSX:HUT) surged 32 percent with unusually high trading volume on the Toronto Stock Exchange Friday. The huge, surprising bounce for the stock arrives after the firm warned earlier in April that coronavirus-related issues might hurt its business. Like cryptocurrencies themselves, mining company stocks are prone to …
Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume Read More »
Genesis Global Trading suspends credit extension after ‘biggest deleveraging’ it has seen in the crypto market – The Block We’re sorry but www.theblockcrypto.com doesn’t work properly without JavaScript enabled. Please enable it to continue. Source link
A group of Chicago-based crypto trading shops is coming together to connect more closely with Open Finance (DeFi) projects. Volt Capital, Jump Trading, CMT Trading and DRW Trading launched today the Chicago DeFi Alliance (CDA. The organization, announced late Tuesday in a blog post, seeks to bring together the Chicago-based trading firms and DeFi projects from …
New alliance launches to connect DeFi projects with Chicago crypto trading firms Read More »
As the first quarter of 2020 approached conclusion, market speculators remained seated in the expectation of witnessing a major price hike over the first few days of March. However, the response across the market was rather lukewarm. Source: ADA/USD on Trading View 14th ranked Cardano reported a minor hike of 0.94 percent in the market …
Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. On March 31, BC Group revealed that its OSL digital assets platform had been its largest 2019 earner, accounting for 44% of the Group’s revenues — up from just 6% in 2018. …
Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019 Read More »