With a year-to-date gain of over 240%, MSTR has outperformed NVDA’s 192% surge by a big margin. Since MSTR adopted bitcoin as a treasury asset in August 2020, the gap has grown even bigger, with MSTR up 1,800% versus NVDA’s 1,150%, that’s probably the best evidence of MicroStrategy and its CEO Michael Saylor’s success. Source CryptoX Portal
Tag: Trading
Michael Saylor’s MicroStrategy (MSTR) Makes New Highs as Trading Volume Relative to Nvidia Surges
With a year-to-date gain of over 240%, MSTR has outperformed NVDA’s 192% surge by a big margin. Since MSTR adopted bitcoin as a treasury asset in August 2020, the gap has grown even bigger, with MSTR up 1,800% versus NVDA’s 1,150%, that’s probably the best evidence of MicroStrategy and its CEO Michael Saylor’s success. Source
Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster
Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum,…
Bitcoin.com Enhances Cross-Chain Swaps on Verse DEX With deBridge Integration for Faster, More Efficient Trading
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has announced a significant upgrade to the cross-chain swap capabilities on its decentralized exchange, Verse DEX, thanks to a partnership with deBridge. The new integration brings major improvements in speed, cost efficiency, and flexibility to cross-chain trading. The update allows users to perform cross-chain […] Original
Swiss Crypto Trading Firm Portofino Sees Staff Exodus After Exec Firings
Both Portofino’s chief operating officer and co-founder, Alex Casimo, and chief financial officer, Jae Park, were fired in July. This then triggered the resignations of Vincent Prieur, the head of strategy and operations, and Shane O’Callaghan, the global head of business development, as well as a significant number of the firm’s staff. Source
Scroll's SCR Token Debuts at $212M Market Cap in Volatile Trading Session
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million. Source
Ostium Launches Novel Macro Trading Platform Amidst Growth in Global Events-Based Trading
Enables Real-Time Trading of Traditional Assets During Historic Event-Driven Market Volatility and Adoption of Prediction Markets LONDON, Oct. 18, 2024 /PRNewswire/ — Ostium Labs today announced the public mainnet launch of its onchain trading platform, offering traders unprecedented access to global macro markets during a period of global event-driven volatility, marked by speculation around the U.S. Presidential election. Ostium enables perpetuals trading on traditional market currencies, commodities, and indices in real time, markets uniquely affected by events like interest rate changes and geopolitical outcomes. The trading platform meets the needs…
It's Possible You Shouldn't Tell Journalists About Your Wash Trading Biz
Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people. Source
Crypto Exchange OKX Moves To Support USDC Ecosystem by Adding Six New Trading Pairs
Cryptocurrency spot and derivatives exchange OKX is rolling out new trading pairs for the dollar-pegged USDC, the second-largest stablecoin by market cap. In a statement, the Seychelles-based exchange says it is going to introduce six new spot trading pairs for USDC on Monday. “To support the growth of the USDC ecosystem and meet our users’ diverse trading needs, OKX is introducing the following USDC trading pairs in our spot trading between 9:00 am and 9:30 am UTC on October 14, 2024: AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, ZETA-USDC.” OKX is bolstering…
US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…