Tag: Exchange

Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

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The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking. “Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and…

Bitwise Launches 4 Crypto ETFs on London Stock Exchange

Bitwise supercharges its European expansion by listing four top-tier crypto ETPs on the London Stock Exchange, unlocking elite access for UK investors. Bitwise Unleashes Institutional Crypto Arsenal on LSE in Major UK Power Play Asset management firm Bitwise announced on April 16 that it had listed four of its Germany-issued crypto exchange-traded products (ETPs) on […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin US vs. offshore exchange ratio flashes bullish signal, hinting at BTC price highs in 2025

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US-based crypto trading platforms regaining influence over Bitcoin’s (BTC) token transfer volumes could possibly kick-start a rally in the second half of 2025. Bitcoin researcher Axel Adler Jr pointed out that the “US vs. off-shore ratio,” which measures token transfer volumes between US-regulated and offshore exchanges, indicated a drop in dominance from US exchanges after BTC reached an all-time high in January. Bitcoin total transferred ratio chart (US vs off-shore). Source: X.com As illustrated in the chart, a trend reversal is underway, which implies BTC transfer volumes on US exchanges…

Bitwise lists four crypto ETPs on London stock exchange

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Asset manager Bitwise has listed four Bitcoin (BTC) and Ether (ETH) exchange-traded products on the London Stock Exchange, expanding its presence in the European region. The listings include the Bitwise Core Bitcoin ETP, the Bitwise Physical Bitcoin ETP, Bitwise’s Physical Ethereum ETP, and the Bitwise Ethereum Staking ETP, according to the April 16 announcement. The products are available to institutional or otherwise-qualified investors with an accreditation, and not open to retail investors. Bitwise is applying to launch crypto investment vehicles as digital assets gain a greater foothold in global financial…

WalletConnect Token (WCT) Rallies 36% on Back of Upbit Exchange Listing

Key Notes Upbit listing announcement brought an impressive upward momentum for WCT. WalletConnect Token reached new all-time highs. The price hike comes while the crypto market struggles in the bear zone. WalletConnect Token recorded a strong rally after the leading South Korean crypto exchange Upbit announced the listing. According to the official announcement, Upbit will enable WCT transactions at 09:00 UTC on April 16. The exchange will support the Optimism-based token with the Korean won, Bitcoin BTC$83 70424h volatility:2.5%Market cap:$1.66 TVol. 24h:$26.25 Band USDT trading pairs. WCT has already been…

London Exchange Names S&P and IBM Veterans to Co-Lead Data Division

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This Dutch Exchange Debuts First EU-Regulated Crypto Perpetuals, Targets Retail Traders Next

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One Trading has introduced the European Union’s first MiFID II-regulated trading venue for crypto perpetual futures, initially for institutional investors with plans to extend access to eligible retail clients in the coming weeks. One Trading Launches First EU-Regulated Crypto Perpetual Futures Platform The Amsterdam-based firm’s platform, operating under an Organized Trading Facility (OTF) license from the Dutch Authority for Financial Markets (AFM), offers BTC/EUR and ETH/EUR perpetual futures trading pairs, marking the first regulated cash-settled perpetual futures platform in Europe. “The launch of our perpetual futures platform is a major…

OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement

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Seychelles-based OKX has legally launched a centralised crypto exchange in the United States, less than two months after settling with the Justice Department by paying $504 million for previously operating in the country without authorisation. It has now set up a regional headquarters in San Jose, California. A New US CEO The exchange also appointed Roshan Robert as CEO of its US operations. Robert was a Director at Barclays for around eight years and later became a Partner and Group COO and CCO at crypto prime broker Hidden Road, where…

Decentralized exchange KiloEx says $7.5M exploit has been contained

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Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit.  The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X. “The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” KiloEX said.  “We are analyzing the attack vector and affected assets. We are collaborating with ecosystem partners to trace and recover funds…