Trading

The post SEC Passed ETH ETF Due To Correlation Between CME ETH Futures And Some Spot ETH Trading Platforms appeared first on Coinpedia Fintech News A recent post on X shared by Wu Blockchain reveals that the SEC passed the Ethereum spot ETF mainly due to the correlation between CME Ethereum futures and certain spot Ethereum trading platforms. Most of the SEC documents provide data evidence of high correlation, and the monitoring and sharing agreements of CME and others can…

BlackRock’s spot Ethereum ETF, now listed on the DTCC as $ETHA, follows SEC approval alongside seven other Ethereum ETFs, though trading awaits further SEC clearance of S-1 filings. BlackRock’s ETH ETF Listed As $ETHA BlackRock's spot Ethereum ETF has been officially listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $ETHA. This development follows the approval by the US Securities and Exchange Commission (SEC) of eight spot Ethereum exchange-traded funds (ETFs).  SEC Approval and Market Impact…

Ethereum price dipped sharply after it rallied toward $3,940. ETH is now consolidating near $3,850 and is eyeing more upsides in the near term. Ethereum started a consolidation after it rallied toward the $3,940 resistance zone. The price is trading above $3,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is…

Margex is a cryptocurrency exchange platform founded in 2019 focusing primarily on derivatives trading. However, it also offers other popular features such as copy trading, staking, price alerts, an attractive referral program, and much more. Margex’s interface is designed to be intuitive, making it an excellent choice for those taking their first steps into the world of cryptocurrency derivatives trading. Although its primary focus is beginners, it is also suitable for more advanced traders who value ease of use. Margex…

New York, USA, May 23rd, 2024, Chainwire Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly's innovative omnichain vaults: Enhanced Liquidity: Orderly's robust liquidity layer combines with Quickswap's, enabling leveraged trading with tighter spreads and lower slippage.Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all…

Bitcoin trading during US market hours has surged to unprecedented levels, accounting for 46% of this year’s cumulative volume from January to April. This increase in trading activity is closely linked to the January launch of spot-Bitcoin exchange-traded funds (ETFs). US Dominates Bitcoin Trading, Asia Lags Behind Kaiko Research highlights that the volume of Bitcoin trading spikes at the beginning and close of US trading hours. This pattern correlates with the calculation of net asset values for the ETFs at…

The post TrueUSD (TUSD) zero-fee trading campaign on Bitci amid Turkish stablecoin adoption surge appeared first on Coinpedia Fintech News TrueUSD (TUSD) has joined efforts with Bitci to offer various stablecoin campaigns, including a zero-fee trading campaign that offers users an opportunity to trade TUSD without fees.  This initiative offers a zero-fee trading promotion for the TUSD/TRY trading pair, making it an attractive time for traders and stablecoin users to engage with the cryptocurrency. Türkiye’s crypto market booms & TUSD…

Majuro, Marshall Islands, May 21st, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry. Fully utilizing BSO’s cutting-edge technology and direct access to financial market data centers, Multipool will offer the following features to users trading on the platform:…

Binary option trading has become very popular among traders from all over the world, which is not surprising if you learn more about this financial option. After all, not only is it fairly simple — compared to other trading options — and requires lower capital investment, but binary options trading also tends to have higher returns on investments, with payouts that can reach up to 90%! It is certainly a very interesting and useful financial tool, with a lot of…