Cryptocurrency Analysis and News Portal
Deutsche WertpapierService Bank (Dwpbank), which offers securities processing to around 1,200 banks in Germany, is creating a new platform, wpNex, that will offer Bitcoin (BTC) to all of its affiliates’ retail customers in the second half of this year. The new service will feature crypto accounts alongside bank customers’ other accounts
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“We’re seeing a feverish trading environment for ARB tokens as the airdrop just launched. Airdrops logically garner a lot of retail attention, but often result in the price tanking as traders offload their tokens rapidly,” said Henry Liu, CEO of BTSE, in a Telegram message to CryptoX. Source
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Crypto exchange Binance has encountered major issues with spot trading on the platform.On March 24, Binance suspended all spot trading transactions, according to an announcement by Binance’s official Twitter account.“We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work
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Binance Temporarily Suspends Spot Trading Source
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Another reason for the increase in trading volume is due to NFT marketplace Blur's "airdrop seasons and farming," according to Sara Gherghelas, blockchain analyst at DappRadar. "The NFT whales decided to farm [virtual] land, especially the MG Land project, which is an NFT collection." Source
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The BTC-TUSD trading volume had recently grown tenfold compared to Tuesday, Dustin Teander, an analyst at crypto research firm Messari, said in an email. However, the asset pair’s $50 million spot trading volume in the past 24 hours is dwarfed by the dominant stablecoin USDT’s $6 billion and BUSD’s $1
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SVB collapse chilled NFT trading volumes: DappRadarThe recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.Before the crisis, NFT trading volumes were around $68 million to $74 million.
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Under the CoinRoutes’ setup, clients have their own servers, but reams of data on historical crypto trades are stored on regional servers. Weisberger said the cost of storing the data on their own servers can reach $25,000 in some cases. Instead, they can access the data from the regional servers
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Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically mentions “financial management of crypto assets,” “financial exchange of crypto assets,” and “financial broker services for cryptocurrency trading.” Fujitsu’s Crypto Trademark Application Fujitsu, one of the world’s largest
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Crypto exchange Okcoin has suspended the trading of two Citycoins, MiamiCoin and NYCCoin, as of March 16, citing limited liquidity as the reason for the decision. Source
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