Trading


Markets

Crypto Derivatives Exchange PowerTrade Launches 'RFQs' for Institutional Options Trading

The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes.

(Spencer Platt/Getty Images)

Markets

Decentralized Exchange Token GMX Surges After Binance, FTX Listings

GMX gained popularity for defying this year’s crypto rout, and it nearly hit its previous all-time high after the listings news.

(Midjourney/CoinDesk)

Markets

Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data

Binance’s scheme destroyed only 0.08% of LUNC’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token.

(Wikimedia Commons)

Finance

Market Maker Flowdesk to Join With Jump-Backed Pyth Network to Improve Access to Blockchain Data

Flowdesk hopes the partnership will help DeFi users and developers gain ready access to institutional-quality market data.

(Unsplash)

Markets

Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth

Ribbon said it expects trading volumes to reach over $100 million a day within the first six months.

Ribbon founder Julian Koh announced Aevo at Token 2049 in Singapore. (Shaurya Malwa/CoinDesk)

Markets

Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme

The crypto exchange’s new measure aims to reduce the hyperinflated LUNC token’s supply, but it is unlikely to have the desired effect that traders hope for.

(Midjourney/CoinDesk)

Markets

Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge

Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed. The Ethereum miners still have about 245,000 ETH left – and no longer any business affiliation with the blockchain network.

(Midjourney/CoinDesk)

Finance

Coinbase Completed $100M Transaction to Test Proprietary Trading: Report

The exchange hired at least four Wall Street traders to form a group called Coinbase Risk Solutions to use the firm's own cash to trade crypto.

(Pixabay)

Markets

Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K

This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

Ether Funding Rates Revert to Normal Days After Successful Merge

A popular trade drove up funding rates to lifetime highs for ether futures.

Funding rates on ether futures return to normal days after merge (Pixabay)