Category: Exchanges

Ethereum (ETH), Binance Coin (BNB) and One Additional Exchange Token Look Ripe for Rallies: Crypto Analyst

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A closely followed analyst has three blue-chip altcoins on his radar that he says look promising as crypto markets brace for the highly anticipated Ethereum (ETH) merge. In a new issue of the Technical Roundup newsletter, the pseudonymous analyst known as Cred tells subscribers that ETH itself is still looking like a good bet as the Ethereum network gears up for its transition to proof-of-stake. The analyst gives a price target somewhere near the $2,000 range, or about 23% away from current prices. “Ethereum has been very strong. Price performance in…

Exchanges in Japan and China Sign MoU for Derivatives Market Cooperation

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Japan Exchange Group, Inc. (JPX) and China Financial Futures Exchange Co. Ltd. (CFFEX) announced on Wednesday the signing of a memorandum of understanding for enhancing the cooperation between derivatives markets in the two countries. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. “We hope that this agreement will contribute to making derivative products listed on both exchanges more convenient for market participants in both countries, such as by improving the liquidity Liquidity…

Intercontinental Exchange’s Total ADV Climbs by 6% in August

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Intercontinental Exchange (ICE), an operator of global exchanges and clearinghouses, recorded a 6% year-on-year (YoY) increase in its total average daily volume (ADV) in August 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The exchange reported the growth in its trading volume statistics for August 2022 published on Tuesday. During the second quarter (Q2) of the year, ICE’s total ADV shot up 12% on a yearly basis. Giving a breakdown of…

Bybit Exchange Banned by the Brazilian SEC From Provisioning Securities

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Bybit, the Singapore-based crypto exchange, has been banned from brokering securities by The Brazilian Securities and Exchange Commission (CVM). The CVM enforced the suspension of ByBit’s “public provision of any securities intermediation services, directly or indirectly, including through the use of websites, applications, or social networks” to Brazilians in a declaratory act released on Monday. The Brazilian SEC claimed that Bybit was looking to raise funds from local investors via securities investments without being cleared to act as a securities intermediary. So far, securities can only be offered by B3…

Aquis Exchange Launches EU-Wide Dark Trading Venue

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Aquis Exchange, operator of the world’s only subscription-based trading venues, on Monday launched the EU Aquis Matching Pool (APM). Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. APM EU is an off-exhange venue that offers dark trading services to countries that comprises the European Union (EU). Dark trading is the trading of shares or stocks in anonymised ‘dark pools’ or private exchanges where prices are only disclosed after the trading deals have…

Bitcoin Supply on Exchanges Hits the Lowest Level since November 2018

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The price of Bitcoin failed to make any substantial move last week as the most dominant digital asset stayed below $20,000 over the weekend. However, the supply of Bitcoin at leading crypto exchanges has dropped sharply in the past few years. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. According to Santiment’s recent on-chain data, the Bitcoin supply at digital asset trading platforms now stands at around 1.74 million, which is the…

Indonesian Government to Launch Crypto Bourse This Year, Official Says – Exchanges Bitcoin News

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The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon in Indonesia The Indonesian government is planning to launch a crypto bourse by year-end, Dealstreetasia reported Wednesday, citing Indonesia’s Deputy Trade Minister Jerry Sambuaga. Speaking on the sidelines of NXC International Summit 2022 by WIR Group in Bali, the trade minister explained that the crypto bourse initiative…

Brazilian SEC seeks to change its role in cryptocurrency regulation

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The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies.  According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn’t fall under SEC regulation. The updated position of the nation’s SEC follows the appointment of a new board and the increased relevance of the crypto sector in the country’s financial services. Brazilian lawmakers have been working on regulations for…

Moscow Exchange’s Forex Market Grows 20.4% in August

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The forex market trading volume of the Moscow Exchange (MOEX), Russia’s largest exchange group, surged 20.4% to RUB 20.9 trillion in August. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. In July, total trading volume in the market slipped away from recovery, dropping 3% to RUB 17.3 trillion. Earlier in June, forex demands on MOEX had recovered to RUB 17.8 trillion from the RUB 16.1 trillion generated in trading volumes in May.…