Trading in synthetic binary options is just one of many new features the non-custodial crypto exchange is considering for 2020. Ethereum-based synthetic asset issuance platform Synthetix is adding new features, which includes derivatives trading. In a March 10 blog post, Synthetix announced plans for trading in binary options in the third quarter of this year. […]
Continue Reading
Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index […]
Continue Reading
The main idea behind the DeFi industry is that the financial product shouldn’t be managed by central server, company, organization, etc. As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable […]
Continue Reading
Responding to Bitcoin’s recent falling prices, some experts see a correlation to traditional markets, while others see a correlation to PlusToken selling. Some authorities think current traditional market instability lies behind Bitcoin’s (BTC) recent plunge, while others feel the alleged PlusToken scam is the cause. Bill Herrmann, CEO of alternative investment banking firm Wilshire Phoenix, […]
Continue Reading
The U.S. Federal Reserve just injected $168 billion into the economy, totaling more than Bitcoin’s entire market cap. After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin. “Separate auctions Tuesday in the short-term lending market, or repo, […]
Continue Reading
Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users […]
Continue Reading
Bitcoin price has dropped below $8K again but it appears the digital asset is gearing up to consolidate in the $8K to $8.2K range. Bitcoin (BTC) price has taken another dip below $8,000, dropping 5.11% to $7,728 after touching a daily high at $8,149. The pullback occurred shortly after the New York State Governor Andrew […]
Continue Reading
The world’s top 10 billionaires lost a combined $37.7 billion due to the crash of the stock market on Monday. Amid intensifying fears over the coronavirus, the United States stock market saw another historic day causing whopping losses for the world’s richest people. On March 9, the U.S. stocks experienced another dismal day, with major […]
Continue Reading
Combined volume totaled nearly $200 million on Monday, as current price action represents a critical point for miners. Bitcoin (BTC) derivatives traders were anything but bearish during Monday’s crash, data reveals — options volumes set a giant $200 million all-time high. According to figures collated by monitoring resource Skew Markets, volatility which saw BTC/USD descend […]
Continue Reading
The Eastern Caribbean Securities Exchange is partnering with Canadian fintech firm Blockstation to trial tokenized security offerings. The Eastern Caribbean Securities Exchange (ESCE) plans to partner with Canadian-based digital asset marketplace provider Blockstation to pilot security token offerings (STOs), according to a Letter-of-Intent published on March 10. Blockstation is slated to provide a platform for […]
Continue Reading