spot
Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO
Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish.
Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal
Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat
Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.
Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market
According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Spotify removes AI-generated music
Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.
OKX Exchange to List WIF and MEW for Spot Trading
OKX, a leading cryptocurrency exchange, has announced the listing of WIF (dogwifhat) and MEW (cat in a dogs world) on its spot trading market. The deposit and spot trading schedules have been provided, allowing users to engage in trading activities with these newly listed tokens.
BitMEX’s Daily Spot Exchange Trade Volume Hits $24m Record High
Less than 10 days after launching the spot trading option, crypto exchange platform BitMEX reached a new milestone by hitting a daily trade volume of $24 million.
Binance to Launch New Trading Pairs Including DOGE, SHIB, PEPE, THETA, and AGIX
Binance announces the launch of new spot trading pairs and the expansion of trading bot services on its platform starting from March 7, 2024, aiming to enhance users' trading experience and provide a wider range of trading choices.
US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF
US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.
Hong Kong Embraces Virtual Asset Spot ETFs
Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.
PayPal, Visa, Amazon Named as Core Members to Help Bank of England Work on Developing UK’s CBDC
The Bank of England has announced the members of the technology and engagement forums, which will help the central bank coordinate exploratory work on a potential UK’s CBDC.
Bitcoin ETF Approval Expected to Propel Market Influx
The fervor surrounding a US-regulated spot Bitcoin ETF is palpable, with its approval expected to significantly bolster Bitcoin's market adoption. Addressing the current inefficiencies in Bitcoin investment, a spot ETF promises cost efficiency, enhanced liquidity, ease of access, and regulatory compliance. The formal recognition by regulators and established financial brands could further fuel Bitcoin's market acceptance. The estimations indicate a substantial market influx post ETF approval, not just within the US but potentially extending to global markets, laying the groundwork for a robust 2024 for Bitcoin, as per the analysis by Charles Yu of Galaxy.
SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight
The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.
Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance
According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be unlocked.
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).
OKX Announces Listing of Aevo for Spot Trading, Expanding Derivatives Offerings
OKX has announced the listing of Aevo (AEVO), a derivatives-focused L2 platform, for spot trading, with the trading schedule starting from March 12, 2024.
Paysafe Halts EUR Deposits for Binance Users: What You Need to Know
Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging
Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.
Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.
Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade
The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini.
MoonXBT Eliminates Fees on Multiple Spot Trading Pairs
MoonXBT is no longer charging fees for multiple spot trading pairs to ease the burden on users during the ongoing economic crisis.
US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River
The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.
BlockFi Records Data Breach on Hubspot of its Third-Party Vendor
BlockFi, an American cryptocurrency platform, has confirmed that some of its client’s data stored on Hubspot, a customer relationship management platform, have been compromised. The company emphasised that no user’s funds were stolen.
VanEck's Ambitious Move: A Spot Bitcoin ETF with a "HODL" Ticker
VanEck submits a fifth amended application for a spot Bitcoin ETF under the "HODL" ticker, aiming for SEC approval and significant market impact.
EDX Markets is Expanding in Singapore
EDX Markets expands to Singapore, backed by Citadel Securities and Fidelity Digital Assets, introducing innovative trading options like spot and perpetual futures, and emphasizing non-custodial clearing solutions.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
OKX Announces Listing of Tensor (TNSR) for Spot Trading
Leading cryptocurrency exchange OKX has revealed its plans to list Tensor (TNSR) on its spot trading market. The listing will commence on April 8, 2024, with TNSR deposits opening in the morning and spot trading launching in the afternoon. Tensor Protocol, built on the Solana blockchain, serves as a smart contract-based autonomous protocol, facilitating seamless connections between NFT marketplaces and users. Traders are advised to conduct independent research and evaluate risk before engaging in digital asset trading.
US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022
The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.
Spot Bitcoin ETFs: Transforming Crypto Investment Landscape
The SEC's approval of spot Bitcoin ETFs, including Valkyrie's, marks a pivotal moment for crypto investments, potentially attracting billions in inflows and indicating a surge in Bitcoin's mainstream acceptance.
Including ALGO, XLM, and AERGO, Binance to Remove Select Spot Trading Pairs
Binance announces the removal of select spot trading pairs on March 8, 2024, as part of its ongoing efforts to optimize the trading market, protect users, and foster a healthy cryptocurrency ecosystem.
BitMEX Launches Spot Exchange Service
BitMex announced Tuesday to launch spot trading to the market for crypto traders.
2024 Election Impact on SEC's Bitcoin Spot ETF Approval
John Reed Stark's analysis suggests the 2024 U.S. Election may be pivotal in shaping the SEC's policy on Bitcoin spot ETFs.
OKX Announces Listing of Foxy (FOXY) for Spot Trading
OKX has listed Foxy (FOXY) on its spot trading market, offering traders and investors opportunities to build a vibrant community based on memes.
Binance Enhances Trading Options with New Pairs and Bot Services
Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.
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.
Binance Eliminates Fees on Spot Bitcoin Trading to Mark 5th Anniversary
Crypto exchange Binance is marking its 5th year anniversary in a special way, with the elimination of trading fees of Bitcoin spot trading pairs.
OKX Announces Listing of BlockGames (BLOCK) for Spot Trading
OKX has announced to list BlockGames (BLOCK), a decentralized player network for mobile game publishing tools, on its spot trading market, with details for deposits, trading, and withdrawals.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
Binance Expands Spot Market with New Pairs and Introduces Automated Trading Bots Services
Binance enhances trading options on its spot market with new currency pairs and launches trading bots services for optimized trading strategies.
Binance to Delist ARPA/BNB, COMP/TUSD, EDU/BNB and PENDLE/TUSD
Binance is set to remove a select number of trading pairs from its platform on March 15, 2024, citing low liquidity and volume as the primary reasons.
Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?
With the US SEC approval of Bitcoin futures-based ETF in 2021, are investors right to be hopeful on an actual spot ETF this year?
Coinbase International Exchange Launches Non-US Spot Markets
Coinbase launches non-US spot markets for institutional clients, addressing regulatory concerns and expanding globally.
SEC Extends Review Period for ARK 21Shares Bitcoin ETF
The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.
Spotify Intends to Add NFTs to Streaming Service: Report
Spotify seems to be making an entry into the NFTs technology. The streaming music platform is looking for talents to work in the early stages of Web3 projects.
Binance to Delist BAKE, ID, MBOX, OP, RDNT, UNI Related Trading Pairs in Spot Market
Binance has announced the delisting of several trading pairs in its spot market. Effective April 12, 2024, Binance will remove the BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB trading pairs. The decision was made to maintain a high-quality trading environment and protect users. Despite the delisting, the tokens will still be available for trading on other pairs within the Binance ecosystem. Users are advised to update or cancel their Spot Trading Bots prior to the cessation to avoid any potential losses.
Music streaming platform Spotify expands its Web3 efforts
Android users in the US, UK, Germany, Australia, and New Zealand may now access the playlists.
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.
OKX Announces Spot Trading for Ether.fi's ETHFI Token Amidst Growing DeFi Interest
Global crypto exchange OKX lists Ether.fi's governance token ETHFI for spot trading, highlighting the platform's expansion and the DeFi sector's growth.
Bitcoin Spot Exchange Reserves Dropped by 12,500 BTC in the Past 2 Weeks, Suggesting the Dip is Being Bought
Bitcoin Spot Exchange Reserves were down by 12,500 BTC in the past 2 weeks as price fell by 25%.
Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound
Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.
Theta Makes Its Way to Top 10 Crypto by Market Cap
Theta is now ranked among the top ten cryptocurrencies by market capitalization, occupying the ninth spot.
CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance
Ripple (XRP) Price Analysis - February 17, 2021
Despite breaching the psychological barrier of $0.50, Ripple (XRP) is struggling to retain its spot among the top five biggest cryptocurrencies in the market.
Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?
Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.
Senior Worker at Bithumb Triggered Hacking Vulnerability
A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".