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0 CommentsStock exchange Nasdaq has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said the company’s executive vice president Tal Cohen. Nasdaq announced last month it would focus on crypto custody. As Cohen told Bloomberg, the retail side of the crypto market is fairly saturated and enough crypto exchanges…
Month-over-month trading volumes on crypto exchanges increased 16% from August to September. It was the first significant increase in exchange trading volume since April this year. According to The Block’s Data Dashboard, September’s exchange trading volumes saw the first notable jump since this May. The volume jumped to $733 billion, or a 16% month-over-month increase….
Crypto exchange FTX is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager. According to a Bloomberg report, FTX CEO Sam Bankman-Fried is considering the possibility to buy yet…
Crypto exchange FTX US has won the bid for the assets of embattled crypto brokerage firm Voyager Digital, which to be approved by the UA Bankruptcy Court, with a bid valued at approximately $1.4 billion. Voyager hinted that its customers would eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings….
Jesse Powell, CEO of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s COO, will take his place in the coming months. Despite a history of controversial public remarks, Powell has denied that these controversies spurred his stepping down. As Fortune reported, Powell will continue to serve as chairman of the board…
Bitcoin and Ether fell below recent support levels in the past 24 hours – BTC fell about 9%, while ETH dropped 6% – which caused over $250 million in liquidations. The crypto market drop followed the decline in US stocks after higher-than-expected inflation readings for August. According to data, futures tracking Bitcoin lost upwards of…
