The total market cap of the cryptocurrency market increased by 8.0% in September 2024, propelled by positive global macroeconomic trends as per the latest report by Binance Research. Market optimism was fueled by favorable U.S. job market statistics and the Federal Reserve’s decision to reduce the federal funds rate by 50 basis
In order to facilitate derivatives trading, crypto exchange Kraken has established a trading platform in Bermuda. The BMA has granted Kraken the necessary license. An increasing number of people are considering Bermuda as a potential location for crypto activities. After Coinbase and HashKey Global reach the island, Kraken follows suit.
September saw a precipitous drop in trading volume on crypto exchange Binance. A CCData analysis states that derivative trading volume on Binance hit a low of $1.25 trillion in September, down 21% from the previous month and the lowest since October 2023. As a result of the drop in trading,
A Binance research October report explores issues related to fund transparency, centralization concerns, valuation, and the tactical use of rebranding as it digs into important market insights in the crypto space. It provides a thorough view of the present market dynamics by reflecting perspectives from a range of market actors, including retail users,
With the addition of indices trading, Bybit—the second-largest cryptocurrency exchange globally based on trade volume—has enhanced its MetaTrader 5 (MT5) platform even further. Bybit customers now have access to international markets, including important benchmarks in China and Hong Kong, thanks to this new feature. Using Bybit MT5, cryptocurrency investors may
Coinbase Global Inc., has announced a forthcoming brief platform downtime on X. The exchange made it clear that it plans to upgrade its platform, which means it will be offline for a short time. On Saturday, October 26, 2024, at around 9 AM PT, the planned update will begin and
Crypto exchange Binance has expanded to Argentina with a successful registration. The announcement that the exchange had obtained a complete license in Kazakhstan to provide crypto services to Kazakh residents came recently before this latest development. The cryptocurrency exchange said on its blog that it is now able to provide
The Orion (ORN) mainnet swap and rebranding to Lumia (LUMIA) will be supported by Binance. Moreover, Binance will delist all current ORN spot trading pairs (i.e., ORN/BTC and ORN/USDT) and cancel all outstanding ORN spot trading orders on October 15, 2024, at 03:00 (UTC). Binance will begin trading for the LUMIA/USDT
The reimbursements procedure for the insolvent derivatives exchange FTX, which is one of the most eagerly awaited, starts next week, which might be a pivotal moment for the crypto market. However, experts predict that the purchasing demand for Bitcoin and altcoins in particular is going to grow dramatically. As almost
Bybit, the second-biggest cryptocurrency exchange globally based on trading volume, is thrilled to extend an invitation to users in Argentina to have early-bird access to the physical Bybit Card. In its continued endeavors to expand its customer base and attract investors, Bybit restates its objective of becoming the preferred cryptocurrency hub in
