Trading

Bitpanda welcomes 500,000 new users in Q2 2024, bringing total private investors to over 5 million. Founded in 2014, Bitpanda reached 1 million users in 2019 and now stands as Europe’s leading crypto broker. Bitpanda Surpasses 5 Million Private Investors: A Milestone in Crypto Trading Vienna, June 25, 2024 – Bitpanda, Europe’s leading cryptocurrency broker, has announced that it now serves over 5 million private investors, following the addition of 500,000 new users in the second quarter of 2024. This…

Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts. ETH Futures Open Interest Rising On CME Taking to X, one of them noted that there are solid signs that institutions are positioning themselves to push prices higher. Citing rising open interest in Ethereum Futures at CME, a bourse, the analyst said it…

Financial banking giant Standard Chartered has confirmed plans to launch a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The move is in line with a growing trend in institutional adoption for cryptocurrencies that could drive prices higher. Billion-dollar banking giant Standard Chartered has revealed that it is nearing the opening of a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. The banking giant is working on a new trading desk that will expose its institutional clients to…

This week's major news is that the SEC is bowing out of its investigation into Ethereum. The regulatory agency has, for now, dropped its attempts to categorize ETH as a security thanks to the pressure put on it by Ethereum developer Consensys. Despite the SEC’s dropping of the investigation, Consensys has decided to proceed with the lawsuit against the regulatory agency. Let’s find out more.  Bitcoin UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk.…

UK-based Standard Chartered is officially establishing a spot Bitcoin and Spot Ethereum trading desk. The London-based desk will soon begin operations and be part of the bank’s FX trading unit.  The announcement makes Standard Chartered one of the first global banks to enter the spot cryptocurrency trading space.  Spot Bitcoin, Ethereum Trading Desk The new crypto trading desk will be used to purchase and sell Bitcoin (BTC) and Ethereum (ETH) directly. With the new trading desk, Standard Chartered has become…

The post Avenix Fzco’s Forexiro: Revolutionizing Gold Trading with Advanced AI appeared first on Coinpedia Fintech News Success in the constantly evolving world of forex trading hinges on innovation. Avenix Fzco, a pioneering Dubai-based financial technology company, has raised the bar with the introduction of Forexiro, a revolutionary forex robot program. Using algorithms that maximize trading opportunities while minimizing risks, Forexiro is designed to trade the XAUUSD (gold) currency pair for the H1 timeframe.   With its cutting-edge trend analysis…

The post Standard Chartered Launches Spot Crypto Trading Desk in London appeared first on Coinpedia Fintech News Standard Chartered is all set to establish spot crypto trading for buying and selling Bitcoin and Ether. It will be one of the first global banks to enter spot crypto trading, while crypto derivatives trading has existed for several years. The new trading desk operating from London will be part of the Bank’s FX trading unit which will soon start its operations.  Standard…

The post Tron Network’s “USDT” Surpasses Visa’s Average Daily Trading Volume! appeared first on Coinpedia Fintech News USDT is the official stablecoin and was issued by Tether on the Tron Network. As per the latest reports, the 24-hour trading volume of USDT is $53.031 Billion, exceeding Visa’s daily trading volume. Reportedly, during the Q1 of 2024, Visa’s trading volume totaled $3.7 Trillion with an average trading volume of $42 Billion. Tether USD (USDT) with 45,466,584 holders has recorded a total…

The post CFTC Launches Investigation Into Jump Trading As Crypto Scrutiny Rises  appeared first on Coinpedia Fintech News The Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Trading, a prominent Chicago-based firm known for its significant role in the cryptocurrency sector. This probe, while not indicating any wrongdoing, focuses on Jump’s activities in crypto trading and investment. Jump Trading Faces Regulatory Hurdles The Commodity Futures Trading Commission is examining Jump’s role in the cryptocurrency sector, investigating its trading…