Tag: Exchange

Jumpex Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024

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SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2024, Jumpex Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few months, Jumpex Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be closed…

Arkham Intelligence to launch crypto derivatives exchange: report

Arkham Intelligence, a blockchain data firm, plans to launch a cryptocurrency derivatives exchange next month, according to reporting from Bloomberg.   Backed by investors like OpenAI founder Sam Altman, the startup is relocating its operations from London and New York to Punta Cana in the Dominican Republic. The company aims to serve retail investors but will not open the platform to U.S. customers. Arkham, founded in 2020, specializes in analyzing blockchain data to reveal information about the entities and individuals behind cryptocurrency transactions.  The decision to launch a derivatives exchange comes…

Crypto Firm Arkham Intelligence Plans To Launch Derivatives Exchange Next Month: Report

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Crypto analytics platform Arkham Intelligence is reportedly planning to launch its own derivatives exchange next month as a means of competing with crypto exchange giant Binance. According to a new report by Bloomberg, an anonymous person familiar with the matter says that the market intelligence firm plans to launch the options exchange next month with the backing of key investors, such as OpenAI CEO and Worldcoin (WLD) founder Sam Altman. The new exchange – which will not be open to customers in the US – aims to compete with the…

Crypto Exchange Coinbase Adds Support for Solana-Based Decentralized GPU Network Altcoin

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Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network. In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading. Says Coinbase, “Trading will begin on or after 9 a.m. Pacific Time on October 9th, 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our IO-USD trading pair will launch in phases. Support for IO may be restricted in some supported jurisdictions.”…

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

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Este artículo también está disponible en español. Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various cryptocurrency exchanges over the past week. Bitcoin Exits Crypto Exchanges In Droves According to a previous report by NewsBTC, Bitcoin’s recent dip to $60,000 can largely be attributed…

Crypto Exchange OKX Goes Live in United Arab Emirates (UAE), Targeting TradFi Institutions, Retail Investors

The opening, nine months after OKX Middle East Fintech FZE was granted full regulatory approval by the Virtual Assets Regulatory Authority (VARA), will allow one of the four biggest cryptocurrency exchanges by volume to offer local residents access to a market without involving a broker who buys liquidity from outside the UAE, usually at a higher price, adding time and friction, said Rifad Mahasneh, the exchange’s general manager for the Middle East. Source