Tag: Trading

Flash News: Merlin Chain Now Supported on OKX DEX Aggregator, Expanding Trading Options

SINGAPORE, March 20, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 20, 2024. Merlin Chain Now Supported on OKX DEX Aggregator, Expanding Trading Options OKX DEX, a multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, has added support for Merlin Chain. This integration enables users to trade assets and perform cross-chain transactions on the Merlin Chain through OKX DEX.OKX also recently announced that it is the first major industry player to fully integrate Uniswap Labs’ trading APIs into its offerings.…

OKX Launches Support for Atomicals (ARC-20) on its Inscription Market, Expanding Range of Token Standards for Zero-Fee Trading

SINGAPORE, March 14, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today added support for the Atomicals (ARC-20) Bitcoin inscription standard on its Inscription Market, formerly known as Ordinals Market. This addition offers users an enhanced range of options to create, buy and sell inscriptions across an expanding roster of token standards. ARC-20, an emerging Bitcoin inscription standard, makes it possible to represent fungible token assets on the Bitcoin blockchain. This colored coin standard enables each satoshi (the smallest unit of Bitcoin) to represent token ownership units. Examples of ARC-20…

BitMEX investigates suspicious trading that sent Bitcoin to $8.9k

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Crypto exchange BitMEX is looking into unusual Bitcoin trading patterns on its platform that could involve unfair practices.  The internal investigation follows a recent rapid drop in Bitcoin’s value on the platform. On Monday, Bitcoin’s valuation against the USDT stablecoin plummeted to $8,900 on BitMEX, while BTC maintained a value above $66,000 on other trading platforms. Bitcoin’s price on BitMEX quickly returned to normal and has since mirrored the broader market trends. Following an investigation, BitMEX identified unusual “aggressive selling behavior from a few accounts,” which deviated from normal market…

Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion

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This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in […] Source

XRP On The Radar As Trading Begins On US-Backed Exchange

XRP has been listed on Atlantis Exchange, a platform registered with the U.S. Department of the Treasury. This development comes at a time of regulatory uncertainty surrounding cryptocurrencies, with potential implications for market dynamics and investor sentiment. XRP Trading On Atlantis Exchange Atlantis Exchange announced the inclusion of XRP among its supported cryptocurrencies, with trading commencing on March 17 at 5:00 AM UTC. Users can trade the altcoin with the USDB trading pair, offering increased liquidity and accessibility for traders. Despite the listing, the platform currently supports XRP deposits via…

Binance launches investigation into BOME insider trading allegations

Crypto exchange Binance recently announced the initiation of a detailed investigation into the claims concerning Book of Meme (BOME), a Solana-based meme coin.  This move came in response to allegations and community discussions about possible insider trading linked to the “BOME rat warehouse” incident. The exchange made an official statement on the X platform highlighting its commitment to market fairness and transparency and emphasizing the immediate start of an internal inquiry following these allegations. The announcement from Binance indicated that the investigation was triggered by concerns over potential insider trading…

Groundbreaking New AI Trading Bot Hits $1M Raised in ICO – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, March 18th, 2024, Chainwire The Bitbot presale continues at pace, with the raise now having passed $1 million in under 8 weeks – fuelled by an increased interest in AI and trading technology that has shed a spotlight on this innovative new approach to trading. Remote Blockchain Education – Blockchain Partners Bitbot is looking to dominate the up-and-coming Telegram trading bot market, already sitting at well over $1 billion in market cap, despite barely being a year old. With its first-of-its-kind non-custodial trading capabilities, Bitbot is finally…

XRP Records Massive 80% Surge In Trading Volume, Can Price Reach A New ATH?

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XRP continues to show strength despite largely underperforming during the ongoing bull market. Interestingly, the crypto witnessed a surge in activity last week, with trading volume surging in tandem. Particularly, the trading volume saw an increase of over 80% recently.  However, the boost in activity and trading volume has not necessarily translated into continuous price growth, as XRP is currently on a 13% percent correction from the $0.74 price level on Monday. XRP Trading Volume Surges, But Will Price Follow? XRP witnessed a surge earlier in the week which saw…