Tag: OKEx

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Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges

Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today remains lower than ever before. Bitcoin…
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KuCoin, OKX Stick to Their Hiring Plans Despite Downturn as Coinbase Slows Down Hiring

  Crypto exchanges KuCoin and OKX, say they do not intend to make any major changes to their respective hiring plans, maintaining a steady stream of new job openings. While the ongoing downturn in the crypto market has pushed some major industry players such as Coinbase to modify their earlier expansion plans for this year…
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Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest…
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Rumors Claim Large Bitcoin Wallet Is a Whale’s Stash or Microstrategy’s Wallet Despite Conflicting Data

Five months ago, Bitcoin.com News published a story concerning the speculation surrounding the third-largest bitcoin wallet, as many observers believe the address is a mega whale. The report noted at the time that the address “1P5ZED” shows all the tell-tale signs that it’s an exchange platform, but to this very day speculators still assume and…
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Argentinians Are Now Using P2P Markets to Multiply Their Savings

Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers. Maximiliano Hinz, Latam operations director of Binance, states that…
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Light Speed: Kraken, Another Giant Exchange Integrates The Lightning Network

This is huge! Kraken now supports Lightning Network deposits and withdrawals. The suddenly popular second Layer protocol keeps growing and gaining importance. “Finally, traders have an instant and inexpensive way to move bitcoin on and off the platform,” Kraken said in their official announcement. The Lightning Network is much more than that, though.  What will…
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ApeCoin Soars After Launch, BAYC NFT Prices Pump and Dump

  The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it. At 10:13 UTC on Friday, APE traded at USD 14.61, up 41% for its first…
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Crypto Exchanges Facing ‘Fork in the Road’ Over Russia Sanctions – London Stock Exchange Group CEO

  Amid the West’s intensifying efforts to punish Russia’s authorities for their invasion of Ukraine, crypto exchanges are facing long-term damage to their industry if they decide to remain active in the Russian market, according to David Schwimmer, CEO of the London Stock Exchange Group…. Read More: Crypto Exchanges Facing ‘Fork in the Road’ Over…
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Bitcoin Options Metric Suggests More Traders Are Taking Bullish Bets

  With a falling ratio of bearish put options to bullish call options in the bitcoin (BTC) options market, the key metric is currently signaling that an increasing number of advanced traders are taking bullish bets on bitcoin. As of Sunday, the put-to-call ratio in terms of BTC open interest stood at 0.51, signaling that…
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