CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
Binary trading platforms with better performance and payouts
Markets
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
A taker order is the
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.
Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL and XRP. Trades facilitated by Paradigm will be submitted to Deribit for execution and clearing.
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
GameStop’s stock soared – intermittently – on Monday. (Michael M. Santiago/Getty Images)
The announcement comes at a time when Japan’s fiscal crisis is said to be playing out in the currency market.