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Trading
Lender Babel Finance Lost $280M Trading Customer Funds: Report
The firm is looking to convert hundreds of million in debt into equity after a series of trading losses.

Santander Brazil to Launch Crypto Trading Feature in Coming Months, CEO Says
The financial institution will join fintech companies entering the crypto segment, such as Nubank, Mercado Libre and PicPay.

How Is Being in Crypto Like Playing a Sport?
A panel of experts examines the shrewdness needed in fencing and trading, the thrill of being on a team and the feeling of being picked last in gym class.

Ether Dominates Futures Trading as Shorts See $200M in Liquidations
Crypto markets jumped after the U.S. Federal Reserve’s decision to hike rates by 75 basis points. The move caught short traders by surprise.

Crypto Exchange FTX.US Opens Stock Trading to Users Nationwide
Its president said the company won’t be charging trading fees or use a Robinhood-like payment for order flow business model.

Brazil’s Largest Digital Bank Nubank Reaches 1M Crypto Users After Just a Month
The company reached the milestone in July, 11 months ahead of schedule, and is also exploring asset tokenization.

Ether, Solana Lead Losses Among Major Cryptos, Analysts See Further Declines After Fed Rate Hikes
No clear buy signal emerged for bitcoin and a poor macroeconomic situation still dominates, one analyst said.

Institutional Traders Have Mixed Views About Tesla’s Decision to Sell Bitcoin
“Macro and micro factors are complex, and cash on hand is welcome,” a trader interviewed by CoinDesk said.

Trading Firm Susquehanna Plots Bahamas Crypto Expansion: Sources
Call it the "SBF Effect": Crypto traders and market makers are opening outposts on FTX's home island en masse.

Ether Breaks $1.6K on Merge Hype, Crypto Funds Price in July Rate Hike
QCP Capital expects the Fed will raise rates by 75 basis points next week.
