Category: Exchanges

7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens

boss

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with…

Sam Altman Shares Optimism for Cryptocurrency’s Bright Future

boss

In a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the future of cryptocurrency, expressing confidence in the industry’s potential for growth and innovation. He emphasized the remarkable progress made at the blockchain ID company he co-founded, World (formerly known as Worldcoin), over the past year, crediting the team’s exceptional […] Source

Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency

boss

Rumors swirl around the potential for nation states to acquire large reserves of bitcoin (BTC), sparking debates on the risks and benefits for the cryptocurrency’s future. Could Nation States Holding Bitcoin Spark Hyperbitcoinization? In recent days, rumors have emerged about nation state accumulating substantial amounts of bitcoin, with some speculation even suggesting a coordinated effort […] Source

Dogecoin Soars Over 80% to Become Sixth Most Valuable Cryptocurrency

boss

Dogecoin (DOGE) has surged to become the sixth most valuable cryptocurrency, experiencing an impressive 80% increase in just seven days. The popular meme-inspired digital currency has surpassed Ripple’s XRP and USDC, achieving a market capitalization of over $41 billion, with a staggering daily trading volume exceeding $20 billion. At its peak, dogecoin’s price reached as […] Source

SIX to Buy London’s Aquis Exchange in a £207 Million Cash Deal

boss

Switzerland’s SIX has agreed to acquire London-based Aquis Exchange in a cash offer, valuing the deal at an enterprise value of £194 million. Announced today (Monday), the Swiss bourse will pay 727 pence per share in cash to Aquis shareholders, putting the total issued and to-be-issued share capital of the latter at about £207 million. The official announcement further detailed that the offer price provides Aquis shareholders a premium of about 120 percent over the closing price of its shares last Friday. A “Compelling Strategic Opportunity” According to SIX, the…

What are inflows and outflows on crypto exchanges?

boss

Inflows on crypto exchanges, explained Understanding how inflows and outflows affect crypto prices is crucial for navigating market dynamics. Inflows, representing the influx of liquidity into exchanges, can positively impact prices. Conversely, outflows, indicating the withdrawal of funds, can exert downward pressure on prices. Liquidity – the ease with which assets or goods can be bought or sold — is vital for traders, users and investors. When referring to inflows and outflows on exchanges, it involves tracking the movement of cryptocurrencies into and out of these trading platforms. In the…

Solana Decentralized Exchange Altcoin Skyrockets by More Than 400% on Friday After New Exchange Listing

boss

A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive…

Embattled FTX Co-Founder Gary Wang Is Building US Authorities a Tool To Track Illicit Activity on Crypto Exchanges

boss

FTX co-founder and former CTO Gary Wang continues to work with US authorities after giving his testimony at the trial of his college roommate and ex-colleague, Sam Bankman-Fried. Wang is among the FTX executives who were charged following the collapse of the FTX crypto exchange. He pleaded guilty to four criminal counts in December 2022. In a sentencing memorandum filed on November 6th, Wang’s lawyers ask the court to consider how their client cooperated with the government and extended assistance beyond the prosecution of Bankman-Fried. “Gary has made himself available to testify…

Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy

boss

Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s Cryptocurrency Strategy Focuses on International Settlements Russia is now in the process of defining the […] Source

Hut 8’s Cryptocurrency Mining Upgrade Targets 66% Hashrate Growth by 2025

boss

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with…