Wed, December 11

Crypto Whale Buys $2.62M in $SLERF as Binance Launches Perps

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

November 21, 2024 2 mins read

US Spot Bitcoin ETFs Surpass $100B as Bitcoin Nears $100K

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

November 21, 2024 2 mins read

Robinhood Debuts Bitcoin and Stock Futures Through Its New Platform

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

October 17, 2024 1 min read

Ethereum Future Trading Dominating Bitcoin Trading

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

August 23, 2022 2 mins read

What is Bitcoin Perpetual Future?

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

March 16, 2022 2 mins read

Futu Suspends Crypto Services for Futures Trading

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

June 18, 2021 1 min read