WOO X, a prominent crypto exchange, recently introduced three new Perpetual Contracts based on the GMCI Index: GMCI 30, GMCI L2, and GMCI MEME. This marks an industry first, as these contracts represent the initial appearance of the GMCI L2 and GMCI Meme indices on a centralized platform. Users now have access to fresh trading … Read more
Binance made an announcement that they will be discontinuing trading for certain token pairs on their spot market, while introducing new cryptocurrencies instead. Based on the announcement, Binance is planning to eliminate the trading pairs BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB from its spot market platform as of April 12. This means that users … Read more
The cryptocurrency market’s surge in 2024 is one of Bitcoin‘s most robust rallies ever. Here’s why that’s true. After reaching an all-time high of $73,750 on March 14th, Bitcoin (BTC) has since settled into a period of price stability. In recent trading periods, its value has fluctuated between $68,000 and $72,000. This price surge has … Read more
The stablecoin FDUSD issued by First Digital Trust is now growing its presence, making its way to the Sui platform following earlier integrations with Ethereum and BNB Chain. With a market value exceeding $3 billion, this stablecoin now holds the position of being the fourth largest in circulation, having been launched in Hong Kong just … Read more
On April 8, Bitcoin ETF trading volumes hit a record high of over $200 billion, even as investors withdrew funds from Grayscale’s GBTC and the market share changed hands. In simpler terms, more than $200 billion worth of Bitcoin ETF trades occurred on that day, despite Grayscale experiencing outflows and a transfer of market dominance. … Read more