Cryptocurrency exchange OKX has secured an important license from the European Union, allowing it to offer derivatives trading products across the region. This license, known as the Markets in Financial Instruments Directive (MiFID II), is crucial for providing services to institutional investors. The announcement comes on the heels of OKX obtaining preauthorization under the Markets ...
Cryptocurrency exchange OKX has successfully obtained a crucial license in the European Union, allowing it to offer derivatives trading across the region. This development was announced by OKX’s Europe CEO, Erald Ghoos, who confirmed the acquisition of the MiFID II license, which is essential for launching derivatives products for institutional investors. This comes shortly after ...
On March 12, Bitcoin experienced a classic sell-off following a positive US inflation report, which showed a slowdown in inflation. The price peaked at $84,437 before dropping to $82,400 as Wall Street opened. Analysts noted that this volatility was common in the crypto markets, with some seeing cautious optimism in Bitcoin’s performance. However, concerns grew ...
In the past month, Bitcoin whales have purchased over 65,000 BTC, indicating strong buying interest even amid a Market downturn. Despite Bitcoin’s price decline, the Coinbase premium has been rising, suggesting ongoing institutional demand. Analysts have pointed out that this pattern of accumulation mirrors previous trends seen last year. However, while large investors continue to ...
In the last 30 days, Bitcoin whales have accumulated over 65,000 BTC, indicating strong buying interest despite a Market decline. This trend shows a consistent rise in whale holdings since February, similar to patterns seen late last year. Meanwhile, the Coinbase premium—a measure of Bitcoin prices on Coinbase compared to other exchanges—has formed higher lows, ...
Singapore Exchange (SGX) is set to launch Bitcoin perpetual futures for professional and institutional investors in the latter half of 2025, as reported by Bloomberg. This move aims to broaden institutional access to cryptocurrency trading. SGX, which holds a robust Aa2 credit rating from Moody’s, is focused on providing a reliable platform for trading Bitcoin ...
Bitcoin exchange-traded funds experienced substantial outflows of nearly $370 million on March 7, following former President Trump’s announcement of a US strategic Bitcoin reserve. The news failed to meet investor expectations, especially since it did not include direct government purchases of Bitcoin. This disappointed many traders, resulting in a drop of over 2% in Bitcoin’s ...
Bitcoin is currently experiencing significant price fluctuations, trading around $88,500 after a brief surge past $90,000 and a dip below $80,000. The Market remains uncertain, with traders uncertain if the recent rally is the start of a recovery or just a temporary bounce. Analysts note strong buying at key levels like $81,000, indicating that institutional ...
Michael Saylor, co-founder and Executive Chairman of Strategy (formerly MicroStrategy), shared impressive news about the company’s bitcoin investments, reporting profits of $2.6 billion within the first two months of 2025. This achievement, reflecting a total of about 30,702 BTC for shareholders, comes despite recent Market challenges. While this total is lower than the $13.1 billion ...
Bitcoin’s price saw a slight recovery, trading around $86,000 on Thursday after a significant drop earlier in the week. The decline was mainly driven by President Trump’s tariff announcements and reduced interest from institutional investors. Some experts warn that if the trend continues, Bitcoin could fall to approximately $73,000. Despite the challenges, there’s a glimmer ...
