Posts Tagged ‘Trading’
Trading Dominance on Binance Remains Above 40%
Crypto exchange giant, Binance, recently published its monthly review which highlights that trading dominance for bitcoin has held above 40% for five consecutive months on the platform. Bitcoin Trading Dominance High According to Binance Research, bitcoin trading dominance represents the respective volume contribution from bitcoin trading, with it as a base currency, relative to the…
Read MoreSoFi Gets Bitlicense Approval for Crypto Trading Service
US-based personal finance company Social Finance (SoFi) obtained the approval from the New York State Department of Financial Services (NYDFS) for its BitLicense application. New Yorkers Can Trade Cryptos via SoFi Digital Assets The NYDFS has permitted Social Finance to provide crypto trading services to its New York customers via its subsidiary SoFi Digital Assets.…
Read MoreNordea Bank Bans Employees From Trading Bitcoin
Nordea Bank has the right to prevent its employees from investing in Bitcoin (BTC) and other cryptocurrencies, a Danish court ruled. The bank will have the right to issue guidelines on owning and trading crypto, even during time off work. Bitcoin is Risky and Hurts Nordea’s Reputation Cryptocurrency is risky, and the risks justify the…
Read MoreLargest Indian State to Pilot Blockchain-Based Solar Energy Trading
The Indian state of Uttar Pradesh (UP) will pilot a peer-to-peer (P2P) solar power trading project in partnership with Australian blockchain energy company Power Ledger. The state power utility UP Power Corporation Limited and UP New and Renewable Energy Development Agency have partnered with Power Ledger to launch a trial of P2P solar energy trading…
Read MoreStatechains, and Trading the Panopticon for Magical Internet Money
CoinDesk’s Nolan Bauerle and Thiel Capital’s Eric Weinstein talk Magical Internet Money; the Let’s Talk Bitcoin! host and Somsen Ruben discuss statechains. Source link
Read MoreShapeShift Launches Exchange Token, FOX, for Commission-Free Trading
“Basically, we’re trying to get people away from custodial exchanges,” said ShapeShift CEO Erik Voorhees. Source link
Read MoreChina Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
Financial regulators in China appear set to crack down on cryptocurrency trading again after President Xi Jinping’s praise for blockchain technology revived speculation in the sector. Regulators in each district of Shanghai must search and inspect local crypto exchange-related services before Nov. 22 and report to the central bank for further actions, according to an…
Read MoreAlphaPoint’s White Label Tech Now Lets Crypto Exchanges Offer Margin Trading
Crypto software firm AlphaPoint is bringing margin trading to its client exchanges. Announced Tuesday at CoinDesk’s Invest NYC conference, the technology provider is adding support for margin trading, with a raft of trading options and controls for crypto brokerages and exchanges utilizing its software. AlphaPoint’s platform is customizable, to better serve clients operating in different…
Read MoreFormer Cumberland and Circle Traders Pool Money for Crypto Prop Trading
Dan Matuszewski remembers the early days of cryptocurrency trading, just a handful of years ago. It wasn’t the possibility of a market correction that worried him. It was the risk that the whole business might disappear. “There was always a non-zero chance that bitcoin would gap down, die, and never come back,” Matuszewski, 31, said…
Read MoreBakkt Expands Bitcoin Custody Service Beyond Futures Trading Clients
Bakkt is ready to store customers’ bitcoin. Intercontinental Exchange’s bitcoin subsidiary announced Monday it would provide custody services for institutional clients. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers for “Bakkt Warehouse,” with other “marquee firms” expected to join over the next few weeks. When it first launched, Bakkt was only…
Read More