Cryptocurrency Analysis and News Portal
Deribit claims it’s becoming the first crypto futures and options exchange to provide large-volume trades of bitcoin and ether derivatives. The move comes via a partnership with institutional messaging service Paradigm, according to a BNN Bloomberg report on Thursday. Deribit’s CEO, John Jansen, reportedly
Read More
Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals.As of July, D-E rated low-quality exchanges represented 64% of trading volume — a staggering $316 billion — whereas top-rated AA platforms accounted for just 5% or $31 billion.A-rated exchanges
Read More
Rakuten Wallet – a subsidiary of the Japanese conglomerate Rakuten Group – announced in an official press release that the company is moving a step further to the crypto market with a new spot trading services for cryptocurrency assets.The service will allow users to trade cryptocurrencies through a dedicated smartphone
Read More
Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year.Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20.
Read More
ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair
Read More
Japanese e-commerce giant Rakuten has launched its own exchange for crypto spot trading. Announced Monday, Rakuten Wallet has gone live for trading in bitcoin (BTC), ether (ETH) and bitcoin cash (BCH) against the Japanese yen via an Android mobile app.
Read More