Category: Exchanges

BTCC Exchange Scores Big on Day One of TOKEN2049 Dubai With Interactive Basketball Experience and Viral Mascot Nakamon

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This content is provided by a sponsor. PRESS RELEASE. May 2, 2025 – BTCC, one of the world’s longest-serving cryptocurrency exchanges, made a spectacular splash on the first day of TOKEN2049 Dubai with its eye-catching basketball-themed booth and widely popular mascot Nakamon, attracting thousands of crypto enthusiasts, traders, and industry professionals. Following the announcement of […] Source

Solana Challenger Sui Jumps After 21Shares Files for SUI Exchange-Traded Fund

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The Solana (SOL) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increase of more than 5%. The 13th-ranked crypto asset by market cap has since retraced and is trading at $3.57 at time of writing. Duncan Moir, president of 21Shares, says the Sui ETF filing, which is subject…

Trader Says Top-30 Decentralized Exchange Altcoin Could Surge by 150% if Bitcoin Remains ‘Healthy’

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A closely followed analyst believes that one top-30 altcoin may put up massive gains in the near term. Pseudonymous analyst Altcoin Sherpa tells his 245,300 followers on the social media platform X that the utility token of the decentralized open financial system Hyperliquid (HYPE) may increase 150% from its current value as it prints a bullish pattern on the daily chart. “Bought a small HYPE perp position [April 30th]; not sure how long I’ll hold for. Still one of the best utility coins and projects out there and it’s slowly…

London Stock Exchange Group’s FX Volumes Hit New Highs in Q1 2025

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London Stock Exchange Group plc (LSEG) posted strong first-quarter results for 2025, highlighting double-digit revenue growth in its Foreign Exchange (FX) segment. The group’s Markets division delivered broad-based gains, benefiting from ongoing global market volatility and heightened client activity. London Stock Exchange Group Reports Double-Digit FX Revenue Growth in Q1 2025 LSEG reported FX revenues of £69 million for the quarter ended March 31, up 12.3% on an organic constant currency basis compared to the same period last year (£61 million). This surge was attributed primarily to increased dealer-to-client activity…

Grayscale launches Bitcoin adopters exchange-traded fund

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Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most notable firms in the ETF include Michael Saylor’s Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group. Grayscale’s Bitcoin Adopters ETF highlights the growing trend of Bitcoin…

Mantra links OM token crash to risky crypto exchange policies

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Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash. On April 30, Mantra published its latest update since the sudden collapse of its OM token, claiming that the incident was “bigger than Mantra.” “Liquidation cascades could happen to any project in the crypto industry,” Mantra CEO John Mullin warned in the post, pointing to the role of “aggressive leverage positions” on exchanges as a broader threat to investor safety. Mantra’s industry-wide call to action is the biggest section in the…

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

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AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s AUSTRAC is taking decisive action against inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or risk forced cancellation. The agency […] Source

UK Targets Crypto Exchanges With New Rules as Adoption Triples to 12%

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As crypto adoption surges in the UK, the government has introduced draft legislation seeking to tighten oversight of crypto firms while keeping Britain attractive to investors and innovators. The announcement, made by Chancellor Rachel Reeves at a London fintech summit, could mark a turning point in how the UK approaches digital assets like Bitcoin and Ethereum. “Through our Plan for Change, we are making Britain the best place in the world to innovate and the safest place for consumers. Robust rules around crypto will boost investor confidence, support the growth…

Crypto Czar David Sacks and Gemini Exchange Owners Join Donald Trump Jr.’s Exclusive $500K Private Club

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A new private membership club in Washington, D.C., called Executive Branch, co-founded by Donald Trump Jr., is making headlines with its $500,000 membership fee and an existing waiting list. The club, which held a launch party over the weekend, attracted prominent figures including crypto czar David Sacks, Gemini exchange founders Tyler and Cameron Winklevoss, and […] Source

427 Crypto Exchanges Registered in Australia, But Regulator Says Most Are Inactive

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Australian financial intelligence agency AUSTRAC has called on digital currency exchanges (DCEs) that are no longer operating to voluntarily withdraw their registrations, warning that failure to do so could result in cancellation. AUSTRAC Cracks Down on Dormant Crypto Exchanges DCEs, including those operating cryptocurrency ATMs, must be registered with AUSTRAC to legally offer services exchanging cash for cryptocurrency and vice versa. Currently, 427 DCEs are registered, but the agency has expressed concern that a significant number appear inactive. AUSTRAC has begun contacting businesses it believes are no longer trading. Brendan…