The second-largest US-based crypto exchange by trading volume is expanding its repertoire as it prepares to go public. Earlier this month, Kraken announced plans to offer an Initial Public Offering (IPO) early next year. On the heels of the announcement, Kraken now says it has acquired the leading US retail futures trading platform NinjaTrader. NinjaTrader was founded in 2003, provides services for nearly two million traders, and is a Commodity Futures Trading Commission (CFTC)-registered Futures Commission Merchant (FCM). According to Kraken, the deal represents the largest ever between traditional finance…
Tag: Trading
Coinbase launches Verified Pools for secure on-chain trading
Coinbase has unveiled a new liquidity solution called Verified Pools which aims to make on-chain trading safer and more transparent for institutional and retail users. The feature, which was announced on Mar. 18, lowers counterparty risks while preserving decentralization by combining identity verification with liquidity pools. Decentralized finance has made it possible for users to trade assets without the need for middlemen, but because fund providers are anonymous, liquidity pools have often been risky. To solve this, Verified Pools requires users to link their Coinbase Wallet, Prime Onchain Wallet, or…
Solana futures finish first trading day on CME
Solana (SOL) futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17 as the cryptocurrency’s mainstream adoption gains momentum. In February, CME tipped plans to list two types of SOL futures contracts: standard contracts representing 500 SOL and retail-friendly “micro” contracts representing 25 SOL each. They are the first regulated Solana futures to hit the US market after Coinbase’s launched in February. The contracts are settled in cash, not physical SOL. On March 17, the contracts’ first trading day, SOL futures…
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. “Many exchanges offer colocation services, but Kraken’s approach is unique – we’re making it accessible to all partners and clients, not just institutions,” said Shannon Kurtas, head of exchange at Kraken, in the release. Trading is…
Streamlining Copy Trading: Sergey Ryzhavin on B2COPY’s Hassle-Free Cloud Solution
In the latest episode of the podcast, we explore what sets B2COPY apart from other copy trading platforms, the decision to make it cloud-based, and the level of customization available. Sergey Ryzhavin is Head of B2COPY, B2BROKER’s innovative investment platform combining copy trading, PAMM, and MAM features. He recently joined the Cryptox.trade News Podcast to […] Source CryptoX Portal
Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal
The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox. Central Bank of Russia Opens up to Crypto With Sandbox Regime Russia is on the verge of opening to […] Source
Crypto trading volume slumps, signaling market exhaustion: Analysis
Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February when it reached $440 billion. It has since sunk by 63% to $163 billion on March 12. Market data firm CoinMarketCap has slightly lower figures but they show the same trend — that volume peaked in 2025 in…
Second Largest Spanish Lender BBVA Announces BTC and ETH Trading Services Platform
Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest lending institution in Spain and one of the largest in Europe, has announced the integration of crypto into an upcoming platform as part of its service offering. The development comes as the bank received approval from the country’s securities regulator to do so, mentioning bitcoin and ether only […] Source CryptoX Portal
Robinhood (HOOD) Crypto Trading Fell 29% as February Price Slide Distanced Retail Investors
Robinhood’s (HOOD) crypto trading volumes took a steep hit in February, tumbling 29% from the previous month in a retail-trader-led decline that might carry a message for other platforms including Coinbase (COIN). The month-over-month drop to $14.4 billion outpaced declines in equities and options trading, which each fell 1%. Even so, the figure was more than double the year-earlier level, the company said in a press release. The figure shows how trading dropped off as the cryptocurrency market slid. Bitcoin (BTC) lost about 15% of its value last month and…
Report: SEC Retreats From Plan to Classify Crypto Firms as Trading Systems
The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda. SEC Shifts Stance on Crypto Regulation The decision, Reuters reported on Monday, marks a shift from the agency’s 2022 effort under […] Source CryptoX Portal