FTX's user base has grown by 48% while its average trade volume increased 75% since a funding round in July.
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding — for now.8930
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high.4619
Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend.21410
- Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding."8050
In the same interview, ProShares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines.10133
The Grammy Award-winning artist touted Gemini exchange’s crypto education platform and encouraged fans to learn about investing.9713
Understanding the difference between bullish and bearish markets can help traders minimize risk in their investment portfolio.88
The price of BKKT contracted by more than 6% during its first day of public trading.6539
Altcoins are selling off ahead of this week’s Bitcoin ETF launch, perhaps a sign that traders are anxious about this historic listing.21573
Bitcoin’s shallow pullback increases the prospect of a new all-time high in the short term and altcoins like ETH, SOL, MATIC and FTM could move higher while BTC prepares for its next move.29653
With the lack of regulation and common standards, a lot depends on crypto companies’ social responsibility and blockchain-based CSR.5916
Hopes of a BTC ETF approval sent Bitcoin charging toward a new all-time high and several altcoins are also breaking out of bullish setups.34702
- Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation
One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter.2979
Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.4311