derivatives

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Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP

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Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial’s approach to bringing offshore trading models into the U.S. derivatives industry presents a significant market opportunity, … Read more

Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations

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On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing a $29.85 billion slice of that pie. … Read more

Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump

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Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m. EDT, it hovered at $62,600 per unit, … Read more

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

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Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key … Read more

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

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Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold … Read more