Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Interdealer Broker
Interdealer Broker TP ICAP Joins Consortium to Launch Crypto Trading Services
Per a June 29 Reuters report, TP ICAP, the world's largest interdealer broker, has partnered with Standard Chartered and Fidelity Investments to launch a crypto-trading platform. The venture, which awaits approval from the U.K.'s Financial Conduct Authority, will integrate connectivity and a post-trade structure into a network of crypto-asset custodians. The TP ICAP-led consortium consists of StanChart's digital custody unit (Zodia), Fidelity Digital Assets, and Amsterdam-based Flow Traders. Zodia and Fidelity will act as crypto asset custodians, while Flow Traders…
4 years ago