Tag: Digital currency trading
Coinbase Acquiring Bitcoin: What It Means for Crypto Trading
Coinbase, the popular cryptocurrency exchange, has recently made a move that has caught the attention of many in the industry. In a surprising twist, the company has added $150 million worth of crypto, mostly...
BitMEX Ends Options Trading in April 2025
BitMEX, a prominent player in the cryptocurrency trading realm, has recently made a significant announcement that has sent ripples through the industry. Effective April 4, 2025, at 12:00 UTC, BitMEX will be discontinuing options...
Decline in Traditional Foreign Exchange Trading as Stablecoin Usage Surges
Traditional foreign exchange trading is seeing a decline in revenue for global banks, while stablecoins are becoming increasingly popular for cross-border transactions. According to Matthew Sigel, Head of Digital Assets Research at VanEck, FX...
Bitcoin Price Surges Past $97K Amid ‘Trump Trade’ Frenzy
Bitcoin continues its upward momentum, with the price surging past $97,000 on Thursday. This rally, triggered by a Republican victory earlier in the month, shows no signs of slowing down. In fact, BTC traded...
Stablecoin Ratio Hits Record Low, Boosting Bitcoin Price
The stablecoin ratio, which measures the percentage of stablecoins in comparison to the total cryptocurrency market cap, has hit a record low. This decrease in the stablecoin ratio has been attributed to the increased...
Coinbase Stock and App Rankings Surge with Crypto Market Rebound
Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...
Bitcoin Price Surges Above $70K on Election Day: Crypto and Stocks Rally
Bitcoin has seen a significant surge in price, crossing back above $70,000 on Election Day in the United States. This represents a 2.4% increase over the past 24 hours. The broader CoinDesk 20 Index...