The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity. The huge trade volumes […] Source
Charles Schwab is preparing to launch spot cryptocurrency trading as U.S. regulations evolve, with leadership signaling optimism amid a shifting regulatory and competitive landscape. Charles Schwab Eyes Major Crypto Expansion as US Regulations Evolve Rick Wurster, the incoming CEO of Charles Schwab Corp., has revealed the company’s readiness to offer spot cryptocurrency trading, pending favorable […] Source CryptoX Portal
Grayscale will start trading the Bitcoin ETF options for both products on November 21, following BlackRock’s IBIT options trading on the previous day, which reached $1.9 billion in a day. An American asset manager, Grayscale Investment LLC, announced on their X’s post on Nov. 20 that both of their Bitcoin spot ETF products will be available for options trading on Thursday. “Grayscale thrilled that Options trading on both $GBTC and $BTC will begin tomorrow, further the developing ecosystem around our U.S.-listed #Bitcoin ETP,” the company official X said. Grayscale Bitcoin Trust (GBTC)…
Market analytics platform Arkham Intelligence is announcing the launch of a new spot trading exchange. In a new thread on the social media platform X, the crypto intelligence firm says it plans to start a new spot trading service in the US, launching as soon as next week. However, Arkham notes that some US users will have to wait until the platform is fully regulated. “Eligibility varies by jurisdiction. Users residing in the United States will be excluded from onboarding until onboarding is legally permitted in their country and state.”…
A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, is in the advanced stage of talks to acquire Bakkt for an undisclosed amount in an all-stock deal. As of the market close on November 18th, Trump Media & Technology Group Corp (NASDAQ: DJT) had…
BlackRock, the largest asset management in the world, officially launched iShares Bitcoin Trust ETF (IBIT) for options trading in Nasdaq, while Bitcoin (BTC) hit an all-time high of $94,041. Since the Securities and Exchange Commission (SEC) approved Bitcoin ETF trading options in September, IBIT is the first crypto product to reach the final clearing steps in the past four days and was approved on Nov. 18. Now, IBIT goes live on the U.S. stock market. According to Bloomberg Intelligence ETF analyst James Seyffart, in his X’s post on Nov. 19,…
Este artículo también está disponible en español. Bitcoin (BTC) continues its historic price trajectory, trading in the low $90,000 range at the time of writing. However, a trading firm suggests that Bitcoin dominance (BTC.D) falling below a crucial level could signal the start of the long-anticipated altcoin season. Interest Rate Cuts, Trump Administration To Propel Crypto In a recent Telegram broadcast, Singapore-based trading firm QCP Capital shared its crypto market analysis. The firm highlighted Solana’s (SOL) recent performance, noting that it outpaced Bitcoin and Ethereum (ETH) over the weekend, surging…
Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30 days. With a market cap of $424.4 million, PONKE is the 198th largest crypto project. PONKE also recently gained spot…
Power and profits took center stage in a confusing morning. Source
Futures and options account for a huge amount of trading in traditional markets, but crypto derivatives are disproportionately small, CEO James Davies, a co-founder of the company, said. Large centralized exchanges historically opted for payments licenses, which didn’t allow for derivatives trading, though a gap in the regulations regarding perpetuals allowed those products to be introduced. Source