Cboe Digital has announced plans to offer margin futures trading for bitcoin (BTC) and ethereum (ETH) starting January 11, 2024. The initiative, which features a platform integrating spot and futures trading, has garnered backing from a slew of fintech and crypto firms. Cboe says the service introduction aims to enhance capital efficiency in the digital […]
The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $ 0.966 per unit at the time of writing, five days ago it tapped an all-time low at $ 0.917 per coin. Aave’s Liquidity Committee aims …
About 60,000 bitcoins valued at just over $ 2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have been exacerbated by a persistent lack of liquidity. Crypto Exodus: …
Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said, adding that it has processed $ 30 billion worth of volume and 20 million transactions. …
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (defi) and crypto space to be invested in Russian digital financial assets (DFAs). Russian Government Looks to Defi Space […]