In the midst of a collapse in the market for digital assets, cryptocurrency exchange Coinbase is launching a derivatives product next week. On June 27, Nano bitcoin futures, the exchange’s first listed product, will go live. Investors will be able to purchase contracts linked to the potential value of a tenth of a bitcoin. It will be reachable through clearing companies and independent retail brokers. Futures contracts can be used as a hedge for trading techniques by institutional and retail traders alike because they are smaller in size and need…
Tag: Launches
Binance Launches New Platform for VIP and Institutional Investors
The exchange’s release of Binance Institutional aligns with CEO Changpeng Zhao’s commitment to hire and expand during the bear market. Source
Coinbase Launches First Crypto Derivatives Product Aimed at Retail Traders
The CFTC regulated futures exchange will launch its derivatives product, Nano Bitcoin futures (BIT), on June 27, according to a statement sent to CoinDesk. “The crypto derivatives market represents $3T in volume worldwide and we believe that additional product development and accessibility will unlock significant growth,” the statement said. Source
Binance Launches Zero-Charge Bitcoin Trading for American Customers
Binance.US in an effort to encourage more activity during this tough bear market, has begun to provide zero-fee trading for Bitcoin to its American customers. Binance.US’s CEO Brian Shroder said that “Since inception, we have been known for our really low fees.” Furthermore, he added zero-fee trading would result in “positive user sentiment,” which would attract more users. Currently, the promotion is only available to BTC users in the United States. The majority of centralized exchanges’ income comes from trading and transaction fees. The move is probably going to make…
Avalanche Bridge Launches Native Bitcoin Support; AVAX Surges 7.4%
Smart contracts platform Avalanche is supporting native bitcoin on its bridging service, the AVAX token has rallied by 7.4% as a result. Original
New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado. Original
Tether Launches Stablecoin Pegged to the British Pound Sterling – Altcoins Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Original
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
Blockchain analytics firm Chainalysis has launched a reporting hotline for incidents of hackers demanding cryptocurrency payments from platforms or companies. In a Wednesday blog post, Chainalysis said its ‘Crypto Incident Response’ hotline would operate 24/7 for victims of a “hack, ransomware attack, code exploit, or flash loan attack” in which “cryptocurrency funds are either demanded or stolen.” The company attributed the launch of the reporting service to crypto-related ransomware attacks presenting “national security concerns” as well as potentially undermining confidence in the crypto industry. According to Chainalysis, hackers were responsible…
Ledger Launches NFT Marketplace and Services Platform for Enterprises
The company’s NFT marketplace, Ledger Market, prioritizes security and transparency. According to Ledger CEO Pascal Gauthier, clear-signing, a process that helps NFT traders avoid scams, is something that has been lost “in the wave of Web3 innovation,” as proper security is “one of the industry’s biggest problems.” Source
Binance.US Launches Zero-Fee Bitcoin Trading
The exchange plans to eliminate the charges for more tokens in the future. Original