PayPal set to launch crypto trading in the UK and may embrace DeFi

Global payments platform PayPal is looking towards the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s second-quarter earnings call on Wednesday, PayPal has done very well out of crypto trading for the period. CEO Dan Schulman stated that the U.K. is likely to be the next country where crypto trading is offered. “Yeah, well, we continue to be really pleased with the momentum we’re seeing on crypto. […] We’re going to launch, hopefully, maybe even next month in the U.K.,…

FTX Renames Blockfolio Trading App in Fresh Branding Move

By uniting the brand identity, FTX is looking to rival Coinbase and other major trading platforms. FTX has announced that FTX: Blockfolio mobile app will now be called FTX mobile app. The crypto exchange had acquired the Blockfolio portfolio tracking app for $150 million in August 2020. Prior to that time, Blockfolio had over six million crypto enthusiasts on its platform. Following the acquisition, the app morphed into a trading app and took a hybrid name FTX: Blockfolio. Since then, the goal has been to integrate the trading platforms via…

Ether (ETH) Trading Volume Growth Dwarfed Bitcoin’s (BTC) in the First Half of 2021

Coinbase researchers have revealed in the exchange’s H1 2021 in Review report released on July 26, that the first half of 2021 was one of the most active periods for the global crypto markets, with ether (ETH)  taking the shine out of bitcoin (BTC) in terms of trading volume growth. Another Great Year for Crypto   As of March 2020, when the price of bitcoin (BTC) revisited the $3k region, even the most die-hard crypto enthusiasts would not have believed that the flagship crypto would make a strong comeback and even…

Ether Trading Volume Rate Hire than Bitcoin’s in H1 2021

Even though Bitcoin’s trading volume is still higher than Ether’s, the year-on-year growth for the latter is breaking all records. Ether, the world’s second-largest cryptocurrency, has hammered Bitcoin in terms of trading volume growth. The new report elaborates on the growth of Ethereum trading in the first six months of the year. According to a review report shared by Coinbase Institutional H1 2021, the first six months have been very agile for the crypto market, with quite a few peaks in prices because of a conformation to the crypto trading…

BITCOIN REJEITA 36K + POR UM FIO NO SUPORTE – Análise Técnica/Sentimento 05/07

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔻 REDES SOCIAIS🔻 📱 INSTAGRAM: 📱TELEGRAM: CANAL DE ATUALIZAÇÕES E TRADING: ————————————————————- 📱 TELEGRAM: GRUPO DE DISCUSSÃO 🔻FERRAMENTAS PARA O TRADING 🔻 📱PROJETO DO 0 A TRADER 📱 BINANCE (20% DE DESCONTO EM TODOS OS SEUS TRADES ) 📱 BINANCE FUTURES (10% De desconto nas suas taxas) 📱 TRDR: (1 SEMANA GRÁTIS) ================================================================== 📱 CONTATO: Email: investidormodernooficial@gmail.com Telegram: @InvestidorModernoProjeto Whatsapp: 55 31 98405-8891 📱 SITE & BLOG: ================================================================== AVISO IMPORTANTE: A Investidor Moderno, ou qualquer pessoa de sua equipe, NÃO oferece serviços,…

ETH’s trading volume grew much faster than BTC’s in first half of 2021

The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of this year according to a new report from leading U.S. crypto exchange Coinbase. The Coinbase Institutional H1 2021 in Review report, released on July 26, acknowledged that the first half of this year has been one of the most active periods on record for crypto, with several new all-time highs…

Bitcoin Short Squeeze Revives Trading Volume And Volatility

After what seems like a thousand years of stability and a slight downtrend, bitcoin is back. Volatility is wreaking havoc. Trading volume seems to be picking up steam. And, more importantly, the community’s morale is climbing up. In any case, what do the data and the on-chain analysis say? Are the numbers high enough to justify the excitement? Let’s explore them. BTC price chart for 07/27/2021 on Bitstamp | Source: BTC/USD on TradingView.com Trading Volume Is Climbing, But, Is It A Trend? According to Arcane Research, “On Monday, the daily…

Trading Platform Huobi to Dismantle Entity in China

The move is less likely to affect the company’s business since it had shifted the exchange overseas a long while ago. A month ago, OKCoin had announced a shutdown of its entity in the country as well. Huobi, the Seychelles-based cryptocurrency exchange is disbanding its entity called Beijing Huobi Tianxia Network Technology Co., Ltd. The notice that went up on July 22 said that the deregistration process will be completed in 45 days. According to the company’s spokesperson, the dismantled entity was established in the “nascent stages of development” and…

Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives. The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle, as reported by Crowdfund Insider on Monday. Bitget will support USDC margin for Quanto Swap Contract trading as part of the partnership, a move the exchange says will provide more liquidity for the market. USDC now joins Bitcoin (BTC), Ether (ETH), EOS, and XRP as accepted margins…

Yahoo! Japan works with Line to launch NFT trading

Major Japanese internet company Yahoo! Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading. Line officially announced Tuesday that its cryptocurrency-focused subsidiary LVC Corporation would collaborate with Yahoo! Japan to enable secondary trading of NFTs issued on Line’s proprietary blockchain. As part of the partnership, Yahoo! Japan would place Line blockchain-based NFTs on its online auction service Yahoo! Auctions, a service set up by the company back in 1998 to compete with e-commerce giant eBay. To enable NFT trading on the platform, the two partners would…