Cryptocurrency Analysis and News Portal
Lawyers representing United States-based crypto exchange Binance.US, global exchange Binance Holdings Limited and Binance CEO Changpeng "CZ” Zhao have filed a motion alleging the U.S. Securities and Exchange Commission (SEC) misled the public in statements issued over an ongoing securities lawsuit.In a June 21 filing in the U.S. District Court
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Binance started to promote TUSD on its platform after New York state regulator’s forced issuer Paxos to mint Binance-branded stablecoin BUSD in February. Now, the exchange’s crypto wallets hold at least 90% of the stablecoin’s $3.1 billion total market capitalization, according to Arkham data. Source
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The offering, launched in collaboration with strategic partner Darley Technologies and market maker DWF Labs, expands BIT's existing suite of options, which include those tied to the decentralized layer 1 blockchain, The Open Network's TON coin and bitcoin and ether futures and options. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied EDX Markets, a crypto exchange with backing from prominent financial entities, including Charles Schwab, Fidelity Digital Assets, and Citadel Securities, has officially commenced trading in four cryptocurrencies. The launch follows EDX’s earlier plan to introduce a “non-custodial”
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood, a popular trading platform, has announced that its crypto trading volumes plunged in May amidst a regulatory crackdown on centralized entities. Cryptocurrency traders are migrating from centralized exchanges (CEXs) to hybrid exchanges as they offer
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EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry.According
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The company plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.” Source
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EDX Markets plans to step into the crypto space just when the regulatory developments are quite hot and the US SEC has been cracking hard on crypto firms. The cryptocurrency landscape in America seems to be undergoing a seismic shift, and it’s still too early to say whether it is
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Amid lawsuits against United States-based exchanges like Coinbase and Binance.US, an exec at a domestic digital asset firm has noted the legal implications of these recent enforcement actions for the industry.The era of trading cryptocurrencies as non-securities is coming to an end, according to Itai Avneri, chief operating officer at
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Last month, Jane Street and Jump, two prominent market makers, announced that they were at very least reducing their trading activity. This compounded the liquidity woes that had been felt since FTX's collapse, with market depth on exchanges sliding by more than 50% between November and May, according to Kaiko. Source
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