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Why Is Bitcoin Trading Volume So High? BTC Turnover Rose by 80% in a Year
- Bitcoin's trading volume surged 80% year-over-year, driven by Trump's crypto-friendly stance and spot ETF approvals.
- Daily volumes now consistently exceed $33 billion, with Binance capturing 52% of the market share.
Monday, 18/11/2024 | 12:13 GMT by
Damian Chmiel
7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens
- Bitget is back in the country after fully complying with the newest crypto and financial promotions regulations.
- The UK clients could help expand the current user base of 45 million and boost trading volumes even further.
Tuesday, 12/11/2024 | 10:00 GMT by
Damian Chmiel
OKX Launches Fully Licensed Platform for Retail and Institutional Investors in UAE
- UAE residents can use OKX for spot and express trading, qualified traders can access derivatives.
- The firm has recently obtained an MPI license in Singapore to offer cross-border transfer services.
Friday, 11/10/2024 | 10:17 GMT by
Tareq Sikder
FTX Bankruptcy Plan Approved, Promising 119% Return to Creditors
- The plan involves distributing between $14.7 billion and $16.5 billion to creditors across more than 200 jurisdictions.
- It comes less than two years after the crypto exchange's high-profile collapse in November 2022.
Tuesday, 08/10/2024 | 05:51 GMT by
Damian Chmiel
Kraken's 24/7 Derivatives Platform in Bermuda Obtains Regulatory Approval
- The new global derivatives venue in Bermuda allows clients to trade over 200 contracts.
- Clients in eligible jurisdictions can access the platform through APIs and web/mobile applications.
Thursday, 03/10/2024 | 15:10 GMT by
Tareq Sikder
Binance Serves Users Despite 2023 Exit, Sees 43% Decline in Russian Traffic
- The firm's Russian-language Telegram channel remains active, providing updates to 130,000 subscribers.
- It claims to have exited Russia; despite a drop, the country still accounts for 6% of its total website traffic.
Thursday, 26/09/2024 | 08:33 GMT by
Tareq Sikder
Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering
- The acquisition enables the firm to operate as a registered VASP in France and Poland.
- BCM clients will have access to over 200 digital assets, improved liquidity, and 24/7 support in local languages.
Tuesday, 24/09/2024 | 09:05 GMT by
Tareq Sikder
Banking Giant Bets Big on EU's First Regulated Crypto Futures Platform
- Standard Chartered's SC Ventures leads investment in One Trading, formerly known as Bitpanda Pro.
- The crypto exchange recently obtained regulatory approval for crypto derivatives trading in the EU.
Tuesday, 17/09/2024 | 09:17 GMT by
Damian Chmiel
Trustpilot Flags “Fake” Binance Reviews: Disables Crypto Exchange's TrustScore
- 80 percent of Binance reviews on Trustpilot have 1 star, while another 6 percent have only 2 stars.
- Most of the top crypto exchanges are rated either “Poor” or “Bad” on Trustpilot.
Thursday, 05/09/2024 | 06:38 GMT by
Arnab Shome
Exclusive: Przemyslaw Kral Reveals How zondacrypto Turned Sports into Recipe for Success
- The crypto exchange leverages sports partnerships to fuel international growth, with Italy becoming its second-largest market.
- Finance Magnates discussed zondacrypto's further plans and the recent ZND token launch.
Wednesday, 28/08/2024 | 11:18 GMT by
Damian Chmiel
Crypto Exchange Bybit Targets Institutional Traders with 2 New Features
- Bybit has introduced a Spot Liquidity Pairing Program and a zero-fee Block Trading.
- The exchange aims to enhance liquidity and facilitate large-scale transactions in the crypto market.
Wednesday, 24/07/2024 | 08:31 GMT by
Damian Chmiel
Bybit Surged Among Crypto Exchange Rivals: Can It Surpass Binance Too?
- Recent data shows that among centralized crypto exchanges Bybit is making the strongest growth.
- Bybit COO Helen Liu identifies the exchange's Unified Trading Account feature as a key factor.
Tuesday, 09/07/2024 | 09:37 GMT by
Sam White
WhaleFin Rebrands to S.BLOX for Sony's Crypto Exchange Transformation
- The rebranding includes a new user interface and mobile app; the launch date hasn't been set.
- Originally DeCurret, the platform was acquired by Sony's Quetta Web Co. after being under Amber Group.
Monday, 01/07/2024 | 16:50 GMT by
Tareq Sikder
MiCA Is Already Here: Binance Restricts EU Users from Copy Trading and Many Stablecoins
- Major crypto exchange announces sweeping changes to comply with new EU regulations.
- This means the end of copy trading in the EEA and a limitation to only three "authorized" stable tokens.
Wednesday, 26/06/2024 | 07:07 GMT by
Damian Chmiel
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