Mon, November 25

Search Results for: trading

BNB Faces Momentum Crisis as Volatility and Trading Interest Wane

Binance Coin (BNB) has maintained its position above the $600 threshold since November 8, but the cryptocurrency shows signs of stagnation as it struggles to mount a convincing challenge toward its all-time high of $724. BNB Declining Volatility Signals Market Hesitation Trading at approximately $620, BNB’s price movement has been

November 21, 2024 1 min read

Spot Bitcoin ETF Options Debuts With Significant Trading Volume

A significant milestone for the cryptocurrency sector was reached when Spot Bitcoin ETF options made their official debut on the Nasdaq. Investors have acquired more tools for risk hedging and covering exposure to Bitcoin’s volatility with the introduction of these options, beginning with BlackRock’s iShares Bitcoin Trust ETF (IBIT). During

November 20, 2024 2 mins read

Russia Proposes New Tax Law for Cryptocurrency Mining and Trading

Using the country’s Finance Ministry as a source, Russian news agency Interfax reported on Monday that the Russian government has authorized draft modifications to a law regarding the taxation of cryptocurrency transactions and mining. According to the report, cryptocurrency would be considered property for tax reasons under the proposed law.

November 19, 2024 1 min read

Revolut X Expands Crypto Trading Across 30 European Markets

London-based fintech firm Revolut announced Wednesday that it is expanding its cryptocurrency platform, Revolut X, to serve users across 30 new markets in Europe. Targeted at experienced traders, the platform is set to provide access to a wide selection of digital assets, along with tools for real-time analysis and market

November 13, 2024 2 mins read

Bybit Sees 61% Surge in Monthly Futures Trading Volume, Reaches $639B

Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top

November 12, 2024 2 mins read

Orderly Network Expands Cloud Liquidity to Avalanche, Boosting Cross-Chain Trading Efficiency

Leading cloud liquidity infrastructure Orderly Network has announced that it has expanded to Avalanche, a high-performance blockchain platform designed to support custom blockchain networks and decentralized applications. It solves issues with scalability, centralization, and poor transaction speeds that were present in previous blockchain systems. Avalanche is renowned for its efficiency; it can

November 12, 2024 2 mins read

Sats Terminal Joins First Batch of BitcoinFi (Thesis*, Draper VC, Boost VC) Accelerator to Advance Bitcoin Staking, Trading, and Bridging

Sats Terminal, a platform designed to simplify Bitcoin staking, trading, and bridging, has been selected for the inaugural BitcoinFi Accelerator (Thesis*, Drapper VC, Boost VC) cohort. Founded by CEO Stan Havryliuk and CTO Rishabh Java, Sats Terminal aims to enhance the Bitcoin decentralized finance (DeFi) space with a user-friendly interface,

November 7, 2024 3 mins read