Russia is set to launch two new crypto exchanges, one in St. Petersburg and another in Moscow, with a focus on stablecoin development. As sanctions continue to impact Russia‘s financial sector, the country is now planning to establish at least two domestic crypto exchanges, with one potentially utilizing the infrastructure of the St. Petersburg International Mercantile Exchange and the other to be set up in Moscow, though its exact framework remains undecided, Russia’s newspaper Kommersant reports, citing sources familiar with the matter. The Moscow-based crypto exchange could either integrate with…
Tag: Trading
Render’s Trading Volume Up 41% As Investors Make A Move For New ICO at $0.001777
In a surprising turn of events, Render (RNDR) has seen its trading volume skyrocket by 41% over the past week. This surge comes as investors flock to capitalize on the latest Initial Coin Offering (ICO) for Mpeppe (MPEPE), currently priced at $0.001777. As Render (RNDR) continues to assert itself as a leader in the decentralized rendering space, savvy traders are diversifying their portfolios by including Mpeppe (MPEPE), which has shown promising potential for exponential growth. Render (RNDR) Continues to Lead in the Market Render (RNDR), known for its innovative approach…
Evaluating the performance of UEEx in the crypto trading market
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. UEEx, a fast-growing crypto trading platform, boasts over 1 million users across 110 countries, offering 230+ trading pairs and aiming to be the world’s top digital asset platform. UEEx is an up-and-coming trading platform that has gained considerable traction in recent years. Founded in 2021, UEEx has over 1 million registered users, presence in over 110 countries and features more than 230 trading pairs. With its commitment to becoming…
Shiba Iun’s Trading Volume Up 82% Investors Seek More Profit From New Gambling Crypto
The cryptocurrency market is no stranger to volatility, and Shiba Inu (SHIB) has recently demonstrated its ability to capture investor attention with a significant surge in trading volume. With an 82% increase in trading activity, Shiba Inu (SHIB) has reasserted itself as a major player in the meme coin space. However, as investors become more profit-driven, many are exploring new opportunities in the cryptocurrency market, particularly in the emerging sector of gambling-focused tokens like Mpeppe (MPEPE). Shiba Inu’s Impressive Trading Volume Increase Shiba Inu (SHIB) has experienced a remarkable 82%…
Italy’s historic Banca Sella to begin offering Bitcoin trading
Italian banking institution Banca Sella has announced the introduction of Bitcoin trading services on its mobile banking platform, Hype. Banca Sella, leveraging its historic reputation, announced on Monday its entry into the crypto market. The bank, which currently serves 1.4 million customers, will gradually roll out Bitcoin (BTC) trading services to its users. The new service, currently in beta testing for Hype Plus customers, will soon be available to all Hype users. It allows clients to buy, sell, and send Bitcoin directly within the app, eliminating the need for external…
Memecoin Trading Is Suddenly Trump.fun
TRUMP.FUN – Former President Donald Trump’s speech just a couple weeks ago at the Bitcoin Nashville conference now seems like a distant memory. Not only has he been overtaken by Vice President Kamala Harris as the frontrunner in this year’s U.S. presidential election – at least in the eyes of punters on the prediction-betting site Polymarket – but his name and family members are now regularly getting dragged into conversations about memecoins. It started last week when one of his sons, Eric Trump, tweeted that he has “fallen in love…
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed that the 12 spot bitcoin ETFs collectively saw $89.73 million in outflows on Friday, […] Original
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
“Note that the 11,500 ETH has been transferred to the wallet ‘0xf58’ which they often use to deposit ETH to CEX,” Spot On Chain posted on X. “Currently, Jump Trading still holds 21,394 WSTETH ($63.6M) and 16,292 ETH ($41.3M) in the wallets and has 19,049 STETH under the unstaking process from Lido.” Source
Massive trading volumes seen in Bitcoin ETFs
Crypto has been in turmoil over the weekend, but trading volumes in Bitcoin ETFs are hitting unprecedented levels, and despite widespread sell-offs, major financial institutions don’t appear to be selling — yet. Within just 20 minutes of Monday Aug. 5th opening bell, Bitcoin ETFs experienced a trading volume of $1.3 billion. Later in the day, volume surged to nearly $3 billion in volume over the first couple of trading hours. This surge in volume showcases sustained interest from institutional investors, despite the plummeting prices. Bitcoin (BTC) dipped below the $50,000…
Ether Slides 20% as Jump Trading Moves $46M in ETH to Centralized Exchanges
“The reason for the crazy crypto sell-off seems to be Jump Trading, who are either getting margin called in the traditional markets and need liquidity over the weekend, or they are exiting the crypto business due to regulatory reasons (Terra Luna related),” Dr. Julian Hosp, CEO and co-founder of decentralized platform Cake Group said on X. Source