Tag: Exchange

Crypto Exchange One Trading to Roll Out New Trading Unit F.A.S.T Soon

In a bid to attract more institutional investors to the upcoming platform, One Trading plans to provide free trading on all cryptocurrency pairs listed on the exchange.  Cryptocurrency exchange One Trading, formerly known as Bitpanda Pro, has announced plans to introduce its new trading venture that aims to offer users swift digital asset trading experience in the coming weeks. Scheduled to debut at an undisclosed date in the next few weeks, the company said its F.A.S.T platform will address the scalability challenges experienced in other crypto platforms and offer users…

Exchange Launches Version 2.0, Adds Support for Solana and DEX Aggregation

By directly integrating Solana, Hashflow 2.0 becomes the first DEX to offer cross-chain trading between Ethereum and Solana. Decentralized exchange Hashflow is out with its 2.0 iteration, and may have added some advancements to its platform. First off, the December 5 launch includes support for Solana, which is arguably one of the fastest and most scalable blockchains. It also features DEX aggregation services, albeit for the first time on its platform. That is, traders may now access the best prices and liquidity across multiple DEXes, and would, therefore, be able…

Hashkey exchange to onboard market makers to boost liquidity

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Hashkey, one of the first crypto exchanges to be licensed in Hong Kong, will soon allow individual and enterprise market makers to provide liquidity on the exchange. According to the Dec. 5 announcement, individuals and entities can apply to be a market maker on Hashkey provided that they trade at least $5 million worth of cryptocurrencies per month on the exchange. After a review of their business plans, approved applicants will be invited to sign a contract with the exchange’s due diligence team and begin trading on Dec. 28.  Depending…

Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange 

The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH. The amount of open interest in Bitcoin perpetual futures on the Deribit derivatives exchange has hit a new high of $740 million. This impressive level was last seen in November 2021 when Bitcoin hit its $68,000 all-time high. As of this writing, open interest in Bitcoin perpetual futures has fallen to $717 million. A rise in open interest in Bitcoin perpetual futures suggests an increase in funds entering…

Steering the Crypto Exchange in a New Era of Compliance

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In March this year, U.S regulators sought to ban Binance, alleging it had been operating in the country illegally. By November, the exchange pleaded guilty to U.S criminal charges of breaking sanctions and money-transmitting laws, agreeing to pay a $4.3 billion fine. Zhao himself pleaded guilty, agreeing to pay $50m and step down as CEO. Teng’s elevation left the crypto world in shock. Source

FOMO Trumps Exchange Chaos: Bitcoin Surpasses $40K

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The US dollar value of Bitcoin has surpassed the $40,000 mark in the early Asian trading hours today (Monday). As of press time, the original cryptocurrency is inching closer to $49,000 apiece, gaining about 3.8 percent in the past 24 hours. With the ongoing rally, Bitcoin crossed the $40,000 level for the first time in 19 months since early May 2022. Meanwhile, the push in the price was not limited to Bitcoin. Ethereum, the second-largest crypto by market capitalization, is trading beyond $2,200 a piece. In the past seven days,…

U.S. Securities and Exchange Commission (SEC) Seeks Public’s Thoughts on Fidelity’s Potential Spot Ethereum ETF

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The U.S. Securities and Exchange Commission (SEC) is asking the public what they think about financial services giant Fidelity’s potential spot market Ethereum (ETH) exchange-traded fund (ETF). In a new notice, the regulatory agency is asking the public for their opinion on Fidelity filing a bid to create an Ethereum-based ETF on the Chicago Board Options Exchange (CBOE). “Given that on November 17, 2023, Cboe BZX Exchange, Inc. filed with the Securities and Exchange Commission (SEC) the proposed rule change as described in Items I, II, and III below, which…