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On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively … Read more
Signum Bank says it’s now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025. Go to Source
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices. Go to Source Powered by WPeMatico
Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. Go to Source Powered by WPeMatico
The Digital Commodity Exchange Act would give the commodities regulator the authority to determine rules for cryptocurrency developers and exchanges offering spot trading. Go to Source Powered by WPeMatico
Genesis Global Trading released its Q1 report on April 28, with corporates leading trading volumes, accounting for $8 billion in spot trading alone. Go to Source Powered by WPeMatico
Spot trading is a popular way for investors to access the crypto market in a straightforward manner. It’s mainly fiat-to-crypto trading, as well as crypto-to-crypto trading. It’s simple, you get a crypto wallet, you buy a token with fiat currencies, and then once the price has increased, you sell the asset and make a profit. … Read more
Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion in May, the London-based firm said in a new report published June 4, 2020. The figures show increasing investor interest … Read more
Nasdaq and Bcause have announced that a suite of new cryptocurrency services will be offered via the Nasdaq Financial Framework. These services include crypto mining and custody solutions, as well as spot and derivatives trading. They are expected to attract a broad range of users including “a new breed of investors wanting to participate in … Read more
SBI Holdings’ cryptocurrency exchange is now live for a limited number of customers and with one cryptocurrency supported so far. Starting today, the mega corporation’s crypto spot trading service is available for approximately 20,000 users. Its full crypto exchange launch for the general public is set for next month with two additional cryptocurrencies. Also read: Yahoo! … Read more
