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Coinbase Applies to the National Futures Association for Trading Crypto Futures

Coinbase Applies to the National Futures Association for Trading Crypto Futures

Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.

UK Government Wants FCA Oversight on Crypto Investment Advertising

UK Government Wants FCA Oversight on Crypto Investment Advertising

The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.

Spot, Derivatives Trading Volumes across Crypto Exchanges Fell over 15% since May

Spot, Derivatives Trading Volumes across Crypto Exchanges Fell over 15% since May

Overall spot and derivatives trading volumes have fallen over 15% since May to around $4.2 trillion across exchanges as cryptocurrency trading volumes have plummeted.

Why is everyone going crazy over NFT?

Why is everyone going crazy over NFT?

Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital Invests $10 Million in Bitget

Dragonfly Capital has invested $10 million in cryptocurrency derivatives exchange Bitget to support its global market and service expansion and corporate social responsibility initiatives for crypto education and adoption. Bitget plans to expand its spot trading, launchpad, and Bitget Earn products. Despite the FTX collapse, cryptocurrency derivatives exchanges have recovered, and central exchanges' open interest has risen to approximately $68.5 billion.

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin

BitMEX Co-Founder Proposes Bitcoin-Backed Stablecoin

Arthur Hayes, the co-founder and former CEO of BitMEX, has proposed creating a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. Unlike major reserve-backed U.S. dollar-pegged stablecoins, the proposed NakaDollar would be pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD, without relying on any USD reserves. The stablecoin's peg to the U.S. dollar would be maintained via mathematical transactions between the new decentralized autonomous organization (DAO) authorized participants and derivatives exchanges.

CoinGlass: The Comprehensive Crypto Derivatives Data Platform

CoinGlass: The Comprehensive Crypto Derivatives Data Platform

CoinGlass provides an analytical edge to traders with its extensive derivatives data, including open interest, funding rates, and liquidation across various crypto assets.

Gemini Launches Offshore Derivatives Platform

Gemini Launches Offshore Derivatives Platform

Gemini is launching an offshore derivatives platform, Gemini Foundation, which will offer services to customers in over 30 countries. The platform’s first derivatives contract will be a Bitcoin perpetual contract denominated in Gemini Dollar. The move comes as the regulatory environment for crypto firms in the United States becomes more uncertain.

Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability

Bitcoin Funding Rate Flips Positive as 2.1 Million BTC Return to Profitability

BTC funding rate flipped positive based on Bitcoin's upward momentum.

$790 Million Worth of Ethereum Options Will Expire Today

$790 Million Worth of Ethereum Options Will Expire Today

$790 million Ethereum options will expire today, providing speculators with the last opportunity to buy or sell Ethereum (ETH) at a predetermined price.

dYdX Founder Foresees 100x Growth in DeFi Derivatives

dYdX Founder Foresees 100x Growth in DeFi Derivatives

Antonio Juliano, founder of dYdX, predicts DeFi derivatives will grow 100x in the next few years, accounting for 2% of crypto derivative volume. This optimistic projection highlights the potential for investors and traders.

Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B

Crypto Exchange FTX Raises $900M in Series B Financing with a Market Cap valued at $18B

The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.

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