Trading

The post Top Banks Embrace Bitcoin ETFs, Driving Trading Volume to New Heights appeared first on Coinpedia Fintech News Trading activity in Bitcoin ETFs just hit a new peak. According to Santiment, the seven largest ETFs collectively reached $5.65 billion in volume, the most active day since late March. This surge suggests a change away from the usual large-scale on-chain accumulations by whales. Major Banks Enter the Bitcoin ETF Market Three days ago, American banking giants JP Morgan and Wells…

The post CME Group Prepares to Launch Bitcoin Spot Trading Amid Wall Street Interest appeared first on Coinpedia Fintech News The Chicago Mercantile Exchange (CME Group) is reportedly gearing up to introduce Bitcoin spot trading, capitalizing on increased interest from Wall Street fund managers. This step aims to meet the escalating demand within the cryptocurrency sphere. Although the plan is still preliminary, it highlights traditional financial institutions’ growing acceptance and adoption of digital assets. Additionally, this initiative could mark a…

Solana briefly surpassed Ethereum in decentralized exchange trading volume, fueled by low fees and memecoin enthusiasm. Solana’s recent success can be attributed to several factors. Solana, known for its low fees and developer-friendly ecosystem, briefly outpaced Ethereum in decentralized exchange (DEX) trading volume. Last Friday, May 10, Solana recorded a trading volume of $1.3 billion on its DEX, overshadowing Ethereum’s $1.29 billion. This surge in trading activity on Solana was primarily attributed to its community’s heightened interest in meme coins.…

Cryptocurrency trading has evolved over time, leading to a large and saturated market; this means that there are hundreds of crypto coins that one can invest in. When a beginner attempts to enter the market and invest in cryptocurrency, they are met with hundreds of options, making it difficult to choose. That’s where crypto screeners come in. These tools make it easier to sort out multiple coins and choose one that fits your investment strategy. However, most people are unsure…

Pepe Coin price surged 19% in 24 hours, outpacing other meme coins. Pepe Whale deposited 250 billion PEPE tokens on Binance, making a $3.6 million profit. Pepe Coin (PEPE) has experienced a remarkable surge in price, surpassing all leading meme coins in gains over the past fortnight. With a surge of over 19% in the last 24 hours alone, PEPE stands at $0.00001022, marking a 26% increase from its value two weeks ago. Investor interest in Pepe Coin has intensified…

The post Institutional Trading Platform ETFSwap (ETFS) Soars As Global Banks Are Urged To Accept Crypto  appeared first on Coinpedia Fintech News Cryptocurrencies have come a long way since their introduction into the financial landscape, as they have now gained legal recognition in many regions, with major institutional trading platforms such as ETFSwap (ETFS) seeing rapid adoption as a result.  With crypto adoption growing, global banks are being encouraged to accept crypto, as the industry can no longer be ignored.…

The post FalconX Fined $1.8M by CFTC, Ceases U.S. Crypto Derivatives Trading appeared first on Coinpedia Fintech News FalconX settled with the CFTC for $1.8 million, accused of violating commodities laws by operating as a futures commission merchant (FCM) without registration. The firm is known as a digital asset prime broker, and it provided U.S.-based institutional clients access to crypto exchanges for derivatives trading. FalconX lost half its customers after the KYC measures prompted by the actions of CFTC against…

Antonio Juliano, the founder of dYdX Trading Inc., has announced his decision to “step down” as Chief Executive Officer (CEO), citing a mix of “personal and professional reasons.” This move marks a significant change for the company behind the decentralized derivatives exchange dYdX. Juliano will transition to the roles of Chairman and President, with Ivo Crnkovic-Rubsamen set to take over as CEO. Juliano Reflects On His Tenure And The Evolution Of dYdX Juliano’s tenure as CEO saw dYdX grow into…

The post Roaring Kitty Returns: GameStop Stock ($GME) Surges Over 40% in Pre-Market Trading appeared first on Coinpedia Fintech News GameStop’s meteoric rise continues as “Roaring Kitty” makes a comeback on X, sending GME surging over 40% in pre-market trading. With a market cap nearing $10 billion and a staggering $4.5 billion added in just three weeks, GME is on the verge of joining the ranks of the 500 largest US public companies. The resurgence extends to other meme stocks,…