Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies.ย According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to โstandard DeFi applications.โ It will also specialize in institutional-grade offerings that will help bridge traditional finance with DeFi opportunities.ย The Converge blockchain is announced at the Tokenize NYC conference on March 17. Source: Cointelegraph Converge will launch with…
Tag: Launch
Kraken to Offer Superfast Trading With the Planned Launch of Colocation Service
Crypto exchange Kraken plans to launch a new colocation service in the coming weeks that will offer clients ultra-low latency trading, the company said in a press release Monday. The service is for customers who need high speed execution, Kraken said, and traders operating out of London can expect latency of under a millisecond. โMany exchanges offer colocation services, but Krakenโs approach is unique โ weโre making it accessible to all partners and clients, not just institutions,โ said Shannon Kurtas, head of exchange at Kraken, in the release. Trading is…
New Meme Coin MEMEX Raises $4M in Presale With 18 Days Until Launch
This content is provided by a sponsor. Meme Index (MEMEX) just broke the $4 million mark in its presale, creating massive buzz among early adopters. The new meme coin index platform is heading toward its highly-anticipated launch in just 18 days โ with traders scrambling to get their hands on MEMEX tokens before they hit [โฆ] Source CryptoX Portal
Line Partners With Sonyโs Soneium to Launch Blockchain Mini-Apps for 200 Million Users
Line, Japanโs largest social media network, has announced a partnership with Sonyโs recently launched โSoneiumโ blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction with [โฆ] Source CryptoX Portal
Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional Crypto
The Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the rising institutional interest in digital assets, providing a regulated platform for trading. However, the launch is […] Original
Coinbase Derivatives to Launch 24/7 Bitcoin and Ethereum Futures
Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. traders uninterrupted access to risk mitigation tools and market engagement. 24/7 Bitcoin and Ethereum Futures Set to Debut in US Markets These innovative instruments will function […] Original
Coinbase to launch 24/7 BTC, ETH futures in US
Coinbase announced on March 10 that it plans to offer 24/7 trading for Bitcoin (BTC) and Ether (ETH) futures to US residents. The exchange is also launching perpetual futures trading with long-date expirations. According to Coinbase, much of the current crypto derivatives market takes place outside of US borders, with American traders having to navigate fixed hours and expiring contracts, โwhich can create inefficiencies.โ Futures are a type of derivative that involves creating a contract to buy or sell an asset at a certain price and date. When the futures…
Singapore Exchange to Launch BTC Perpetual Futures in 2025
Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, according to a Bloomberg report. These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. SGX did not immediately respond to CryptoXโs request for comment. SGXโs move aligns with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Japanโs Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing…
Lightchain Prepares for Lightdex Swap Launch With a Wave of Innovations
This content is provided by a sponsor. PRESS RELEASE. Exciting things are happening in the Lightchain universe! ๐ The buzz is building as Lightchain gears up to introduce the highly anticipated Lightdex Swap next week. This new addition to the Lightchain ecosystem is set to redefine how we approach decentralized token swaps, offering users more [โฆ] Source CryptoX Portal
Why Bitcoin dropped following the US BTC reserve launch?
On Mar. 7, 2025, crypto investor and Wolf of All Streets podcast host Scott Melker dedicated a huge part of his Wolf Den newsletter to the meaning of the Bitcoin reserve launch and the public reaction to it. Later that day, he added several statements via his X account, explaining the importance of this historic event. The U.S. Strategic Bitcoin Reserve creation Donald Trump promised the launch of the Bitcoin stockpile during his speech in the summer of 2024 at the Nashville Bitcoin conference. Around the same time, Sen. Cynthia…