The recent announcement by Gemini, a prominent cryptocurrency exchange, regarding the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has garnered significant attention. This development is being hailed as a game-changer for the crypto futures market and has the potential to reshape the dynamics of perpetual contracts. It is important to analyze
Exchanges
The Indian App Store has recently removed several cryptocurrency exchange applications, including Binance, Kraken, MEXC Global, HTX, and Gate.io. This move is consistent with Apple’s strict stance on crypto-related apps. While Binance South Asia emphasized that existing app users are unaffected, the removal raises concerns about the regulatory challenges faced by offshore crypto trading platforms
Bloomberg analyst Eric Balchunas recently raised an interesting question about the potential effects of a spot Bitcoin ETF approval on the pricing structures of crypto exchanges. He suggested that the low fees offered by some prominent exchanges might be forced to be reconsidered. However, digital asset custody platform Custodia Bank’s Caitlin Long expressed concerns about
Coinbase UK, one of the leading cryptocurrency exchanges, is taking proactive steps to comply with the Financial Conduct Authority’s (FCA) upcoming financial promotions regulations. As of January 8, Coinbase UK is requesting its users to complete a risk-acknowledgment form. This form aims to identify the investor type of users and assess their understanding of the
The renowned cryptocurrency exchange, Binance, has recently announced that it might delist three privacy tokens due to concerns regarding their compliance with the platform’s listing criteria. The tokens in question are Zcash (ZEC), Monero (XMR), and Horizen (ZEN). Binance’s decision, combined with the recent market downturn, has had a significant impact on the privacy sector.
The crypto exchange Binance experienced a significant decline in market share in the past year, dropping to 44.5%. This decline comes after a period of rapid growth for Binance, where its market share reached a peak of 60% in 2022. However, regulatory hurdles and legal actions in various jurisdictions, particularly in the United States, have
Crypto exchange OKX recently announced that it will be implementing new requirements in order to comply with the rules set by the UK Financial Conduct Authority (FCA). These requirements will affect users in the United Kingdom, and it is important to understand the implications of these changes. Starting on January 8th, OKX users in the
Ping Exchange, a recent addition to the crypto trading market, has made waves with its unique integration of CorePass ID for user authentication. With the launch of Ping Exchange on January 1st, the Core Blockchain ecosystem has witnessed a significant evolution. This groundbreaking system offers a decentralized digital identity, revolutionizing the login process and providing
The cryptocurrency market has been through significant challenges in 2023, such as regulatory hurdles and reputation concerns. However, Bitfinex, a prominent cryptocurrency exchange, remains optimistic about the future growth and resilience of Bitcoin and other crypto assets. In their year-end Alpha report, Bitfinex predicts that the total market capitalization, which currently stands at approximately $1.6
Coinbase International Exchange recently announced a significant change in its leverage limits for perpetual future contracts. The platform emphasized the benefits of these changes, but it is crucial for traders to understand the risks associated with leverage trading. This article explores the new limits and their potential impact on investors. New Leverage Limits Coinbase International
Cryptocurrency trading is a complex and dynamic market that involves tracking various indicators to make informed investment decisions. One crucial metric that reflects investor behavior is exchange balance data. This data provides valuable insights into how investors are managing their Bitcoin holdings, which can influence market sentiment and provide trading signals. In this article, we
The world of cryptocurrency is buzzing with excitement as Solana, a relatively new digital asset, surpasses the trading volume of Bitcoin and Ethereum on major centralized exchanges. Conor Grogan, a director at Coinbase, was the first to notice this significant milestone. He pointed out that SOL, the native token of the Solana network, saw more
Coinbase, one of the largest cryptocurrency exchanges, has recently announced its registration to provide cryptocurrency services in France. This move comes after the company received approval from France’s Autorité des marchés financiers (AMF) to operate within the country. With this registration, Coinbase is now authorized to offer a range of retail and institutional services, including
In a recent court filing dated Dec. 20, it has been revealed that former FTX CEO, Sam Bankman-Fried, has been denied his request for an adjourned sentencing hearing. Bankman-Fried, who had hoped for a postponement of four to six additional weeks, would have seen his sentencing date pushed into May 2024. However, this request has