Values of Gold and US Wall Street Futures have declined after recording consecutive highs. The downward trajectory could be linked to a phase wherein crypto prices are falling as well. Factors seem to be mostly mutual among them, including the next Fed Chair pick and new Cuba-related tariffs. Nevertheless, price
Crypto futures contracts offer a new window to crypto trading for investors. They allow traders to access crypto trading without directly involving themselves with crypto market price fluctuations. The most recent XRP Futures launch on CME Group’s derivatives platform became successful yesterday with considerable trading volume. XRP is one of
Binance Futures has announced the launch of two new perpetual contracts: VINEUSDT and PIPPINUSDT. The contracts will be available from January 24, 2025, with VINEUSDT launching at 10:00 (UTC) and PIPPINUSDT launching at 10:15 (UTC). Both contracts will allow traders to leverage up to 25x, offering increased flexibility for experienced
As the holiday cheer continues, crypto prices also continue to fall. The market shows signs of struggle against the bears. Meanwhile, Solana’s co-founder Stephen Akridge was accustomed to a lawsuit from his ex-wife who alleged that he stole millions of dollars from her SOL staking. Apart from this, there has
Binance Futures has officially listed USD-margined $SLERFUSDT and $SCRTUSDT perpetual contracts, offering leverage of up to 75x. Following the announcement, a crypto whale made a significant purchase, acquiring 6.13 million $SLERF tokens at $0.427 each. The transaction totaled 10,790 $SOL, or $2.62 million. After #Binance announced the launch of $SLERF
US spot Bitcoin exchange-traded funds (ETFs) have achieved a historic milestone, surpassing $100 billion in total assets. This comes just ten months after their debut in January, marking one of the fastest fund category launches in history. Twelve spot Bitcoin ETFs, including products from BlackRock Inc. and Fidelity Investments, reached
The fintech company Robinhood, democratized finance with commission-free trades has launched its desktop platform. The firm further introduced futures and index options trading on its mobile app, on Wednesday at HOOD Summit 2024. The firm aims to compete with the traditional brokerages. Robinhood CEO Vlad Tenev reveals that the first
Spot trading volumes on all centralized crypto exchanges dropped 1.34%. Futures trading increased 13.4% to $3.12 trillion. Despite the market volatility, Bitcoin (BTC) and Ethereum (ETH) had regained dominance over future trading volume, according to an evaluation of respective spot trading volumes. In July, Bitcoin and Ethereum closed at $23,332
People are enticed by chance to earn significant on minor moves. The value of a derivative is derived from the underlying asset’s value. In recent years, cryptocurrency traders have been increasingly using perpetual swaps, a derivative trading instrument with daily trading volumes exceeding $180 billion. Perpetual swaps were first introduced
Hong Kong online brokerage Futu halts their crypto services for futures contract-based trading. It is due to some regulatory concerns which were raised recently. Futu Halts Futures Trading Futu securities is recognized as Asia’s top-ranked online broker, providing one-stop online investing services & experience. The customer support of Futu securities
