Tag: Trading

Exploring platforms like Immediate Connect offering advanced crypto trading bots

Crypto trading can be dynamic, fast-paced, and competitive. As the market evolves, traders seek innovations to stay ahead of the curve and make informed decisions. This has led to the rise of crypto trading bots leveraging sophisticated algorithms and automation to execute trades, manage portfolios, and capitalize on market trends. Efficiency Among the primary advantages of using advanced crypto trading bots provided by companies like Immediate Connect is their efficiency. These bots can monitor market movements and execute trades at speeds and accuracy levels beyond human capabilities. Unlike human traders who need…

The Trading Tools Institutions Need to Enter DeFi

The necessary technology is falling into place, and the industry has the right intentions — and so, hopeful, an influx of capital will soon follow. However, this time we must ensure is that DeFi’s growth remains sustainable, and this can only happen if it stays on the right side of the law and if institutions meet the obligations of their stakeholders. Source

COIN, HOOD, MARA Among U.S. Crypto Stocks Riding BTC Price Momentum in Pre-Market Trading

BTC climbed above $36,000 for the first time in around 18 months during Asian trading hours on Thursday, and the bullish momentum fed through to U.S. publicly-traded firms with crypto exposure, such as the Coinbase (COIN) exchange, software developer MicroStrategy (MSTR) – which owns a large number of bitcoin, trading platform Robinhood (HOOD) and mining firms Marathon Digital (MARA) and Riot Blockchain (RIOT). Source

Frankfurt Stock Exchange includes crypto trading facility in strategy-2026

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Deutsche Börse AG, the German stock exchange headquartered in Frankfurt, has included crypto in its strategic priorities for the next few years.  According to the strategic report “Horizont 2026”, published on Nov. 7, Deutsche Börse seeks “an expansion of the leading position in the area of ​​digital platforms for existing and new asset classes.” The company believes that, in the long run, there is “further growth potential from new technologies through the digitalization of existing or new asset classes.” Hence, it intends to accelerate the development of its blockchain-backed D7…

October sees a spike in spot trading volume after 4 months of decline

October marks a significant uptick in cryptocurrency trading, with volumes hitting a seven-month peak driven by major digital asset rallies and ETF speculation. In a recent update from the cryptocurrency market analytics firm CCData, a notable surge in trading volumes on centralized digital asset platforms was observed for October. This marks a significant change in the trend after a period of reduced trading activity, with the reported volume reaching $632 billion. The increase is a striking 87.2% jump from September’s figures. The analysis from CCData highlighted that the volume of…

OPNX gets EU spot crypto trading license in Lithuania

Crypto exchange OPNX has obtained a virtual asset service provider license (VASP) in Lithuania, allowing it to provide spot crypto exchange services throughout the European Union, according to a Nov. 8 announcement seen by Cointelegraph. OPNX trading interface. Source: OPNX The announcement stated that this license would require the exchange to “adhere to the highest standards of compliance and security.” The team claims they have already implemented a “robust” Know Your Customer and Anti-Money Laundering system to ensure they comply with EU regulations. “Securing the VASP license from Lithuanian authorities…

Robinhood’s Crypto Trading Revenue Drops by 55% in Q3 2023

Despite some setbacks, Robinhood remains committed to the crypto space. Investing app Robinhood saw its crypto trading revenue drop further in the third quarter of 2023. While the company’s net gains increased by 29% year-over-year to $467 million, its transaction-based income decreased. According to the quarterly report, the crypto trading revenue plummeted by 55% to $23 million. The loss continues a downward trend for crypto-based transactions on the app. Recall that there was a loss of 1% in Q1 of 2023 and a further drop of 18% in Q2. It…

Robinhood (HOOD) to Expand Cryptocurrency Trading Into EU

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