Binace has hired on a former Huobi and JPMorgan exec as its new director of European and Latin American growth and institutional business. Binance, the second-largest cryptocurrency exchange by 24-hour volume, has hired an exec from one of its foremost competitor exchanges, Huobi. According to an announcement shared with Cointelegraph on Jan. 30, Binance has…
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Swiss cryptocurrency financial firm Amun AG launched a derivative giving investors inverse exposure to Bitcoin, called 21Shares Short Bitcoin. Swiss cryptocurrency financial firm Amun AG launched an Exchange Traded Product (ETP) giving investors inverse exposure to Bitcoin (BTC), called 21Shares Short Bitcoin (SBTC). As Cointelegraph Japan reported earlier today, Amun launched the derivative in question…
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Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after…
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Exchange liquidity is affecting every trade you make. From slippage to technical analysis accuracy, understanding a trade’s liquidity environment is key to a successful strategy. What are risks and possible benefits associated with low liquidity? We’ve discussed at length the benefits of higher liquidity and some of the risks of low liquidity, but it’s worth…
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Huobi, the fifth-largest crypto exchange by daily trading volume, will now provide crypto brokerage service to its institutional clients. Major cryptocurrency exchange Huobi is launching its first licensed digital asset brokerage, Huobi Brokerage. Huobi, the fifth-largest crypto exchange by daily trading volume as of press time, will now provide brokerage service to its institutional clients,…
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CME launched its first Bitcoin options product, but is its initial success a matter of good timing? In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a…
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Major cryptocurrency exchange Biannce has entered negotiations regarding a partnership in the Japanese market. Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known…
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The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.…
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Crypto custodian Anchorage announced the acquisition of Merkle Data as part of its institutional crypto brokerage offering. Crypto custody company Anchorage now offers a crypto brokerage service, acquiring Merkle Data to further the service. Anchorage has introduced an institutional crypto trading service called Anchorage Trading, and has acquired institutional-grade risk management and analytics software company…
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The Chicago Mercantile Exchange has launched its new Bitcoin options on futures, following the acquisition of necessary regulatory approval. The Chicago Mercantile Exchange (CME) has received necessary regulatory approval and has launched its new Bitcoin (BTC) futures options as of today, Jan. 13. According to the official website of CME, the new type of Bitcoin…
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