BTC

Flash News: OKX's Monthly Nitro Spreads Trading Volume Approaches 5 Billion USDT in March 2024

Retrieved on: 
Friday, April 5, 2024

OKX today announced a significant milestone, reaching a monthly Nitro Spreads trading volume of nearly 5 billion USDT* in March 2024.

Key Points: 
  • OKX today announced a significant milestone, reaching a monthly Nitro Spreads trading volume of nearly 5 billion USDT* in March 2024.
  • Since the July 2023 launch of Nitro Spreads, OKX's Nitro Spreads trading volume has steadily increased, exceeding 2 billion USDT in February 2024.
  • In addition, OKX's daily Nitro Spreads trading volume recently surpassed an all-time high of 415.5 million USDT on February 29 (SGT).
  • Furthermore, the week spanning from February 29 to March 6 concluded with a Nitro Spreads trading volume of USD 1.7 billion, setting a new weekly record.

Bit Digital, Inc. Announces Monthly Production Update for March 2024

Retrieved on: 
Wednesday, April 3, 2024

The BTC equivalent[2] of our digital asset holdings as of March 31, 2024, was approximately 1,790.2 or approximately $127.7 million.

Key Points: 
  • The BTC equivalent[2] of our digital asset holdings as of March 31, 2024, was approximately 1,790.2 or approximately $127.7 million.
  • Bit Digital earned a blended APY of approximately 2.8% on its staked ETH position for the month of March 2024.
  • As of March 31, 2024, the Company had 251 servers actively generating revenue from its initial Bit Digital AI contract.
  • The Company earned an estimated $4.3 million of unaudited revenue from this contract during the month of March 2024.

Volmex Global Licenses Volatility Indices to Bitfinex Derivatives

Retrieved on: 
Wednesday, April 3, 2024

GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.

Key Points: 
  • GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.
  • The BVIVF0:USTF0 and EVIVF0:USTF0 perpetual futures contracts launched on Bitfinex Derivatives track the 30-day expected volatility of Bitcoin and Ether options per the Volmex Implied Volatility Indices methodology.
  • Volmex Labs is the creator of the Volmex Implied Volatility Indices, the BVIV Index (Bitcoin Volmex Implied Volatility), and the EVIV Index (Ethereum Volmex Implied Volatility) - the first and leading crypto volatility indices.
  • Volmex Implied Volatility Index data is available on leading platforms, including TradingView and CoinMarketCap.

Volmex Global Licenses Volatility Indices to Bitfinex Derivatives

Retrieved on: 
Wednesday, April 3, 2024

GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.

Key Points: 
  • GEORGE TOWN, Cayman Islands, April 3, 2024 /PRNewswire/ -- Volmex Global, a wholly-owned subsidiary of Volmex Labs, the creator of leading crypto volatility indices, the BVIV (Bitcoin Volmex Implied Volatility) and EVIV (Ethereum Volmex Implied Volatility) Indices, is pleased to launch the first perpetual futures contracts on BTC and ETH implied volatility indices on Bitfinex Derivatives.
  • The BVIVF0:USTF0 and EVIVF0:USTF0 perpetual futures contracts launched on Bitfinex Derivatives track the 30-day expected volatility of Bitcoin and Ether options per the Volmex Implied Volatility Indices methodology.
  • Volmex Labs is the creator of the Volmex Implied Volatility Indices, the BVIV Index (Bitcoin Volmex Implied Volatility), and the EVIV Index (Ethereum Volmex Implied Volatility) - the first and leading crypto volatility indices.
  • Volmex Implied Volatility Index data is available on leading platforms, including TradingView and CoinMarketCap.

Binance Inscription Marketplace Enhances Web3 Accessibility with ARC-20 Token Support

Retrieved on: 
Wednesday, April 3, 2024

DUBAI, UAE, April 3, 2024 /PRNewswire/ -- Binance, the global blockchain ecosystem trusted by over 185 million users worldwide, is excited to announce that its Binance Inscription Marketplace now supports ARC-20 tokens, a fungible token standard built on the emerging Atomicals Protocol on Bitcoin. Starting today, users are able to trade and transfer ARC-20 tokens on the Binance Inscription Marketplace, adding to the wide range of features that are already available on the platform.

Key Points: 
  • With this latest expansion, Binance Inscription Marketplace becomes one of only a few platforms that support such a diverse range of inscription assets, including BRC-20, EVM, and the newly incorporated ARC-20 tokens.
  • Hosted within the Binance Web3 Wallet , a self-custody crypto wallet located within the Binance app, the Binance Inscriptions Marketplace offers an accessible and user-friendly platform for the buying, selling and minting of a wide range of inscription tokens.
  • The Binance Inscriptions Marketplace leverages the API of Atomicals Market , the largest marketplace for ARC-20 tokens.
  • To celebrate this milestone, Binance is also partnering with Atomicals Market to offer trading of ARC-20s with zero service fee exclusively on Binance Inscription Marketplace for a limited time.

Binance Inscription Marketplace Enhances Web3 Accessibility with ARC-20 Token Support

Retrieved on: 
Wednesday, April 3, 2024

DUBAI, UAE, April 3, 2024 /PRNewswire/ -- Binance, the global blockchain ecosystem trusted by over 185 million users worldwide, is excited to announce that its Binance Inscription Marketplace now supports ARC-20 tokens, a fungible token standard built on the emerging Atomicals Protocol on Bitcoin. Starting today, users are able to trade and transfer ARC-20 tokens on the Binance Inscription Marketplace, adding to the wide range of features that are already available on the platform.

Key Points: 
  • With this latest expansion, Binance Inscription Marketplace becomes one of only a few platforms that support such a diverse range of inscription assets, including BRC-20, EVM, and the newly incorporated ARC-20 tokens.
  • Hosted within the Binance Web3 Wallet , a self-custody crypto wallet located within the Binance app, the Binance Inscriptions Marketplace offers an accessible and user-friendly platform for the buying, selling and minting of a wide range of inscription tokens.
  • The Binance Inscriptions Marketplace leverages the API of Atomicals Market , the largest marketplace for ARC-20 tokens.
  • To celebrate this milestone, Binance is also partnering with Atomicals Market to offer trading of ARC-20s with zero service fee exclusively on Binance Inscription Marketplace for a limited time.

IQ Option Boosts Bitcoin Leverage to 1:1000 Ahead of Halving Event

Retrieved on: 
Wednesday, April 3, 2024

This strategic move comes in anticipation of the upcoming Bitcoin halving event and aims to empower traders with amplified opportunities amidst market volatility.

Key Points: 
  • This strategic move comes in anticipation of the upcoming Bitcoin halving event and aims to empower traders with amplified opportunities amidst market volatility.
  • Bitcoin halving is a pivotal event occurring roughly every four years in the cryptocurrency world.
  • IQ Option's decision to increase Bitcoin leverage shows its commitment to helping traders facilitating growth opportunities during periods of heightened market volatility.
  • By offering more leverage before the Bitcoin halving event, the broker gives traders a better chance to potentially boost returns on their Bitcoin investments.

IQ Option Boosts Bitcoin Leverage to 1:1000 Ahead of Halving Event

Retrieved on: 
Wednesday, April 3, 2024

This strategic move comes in anticipation of the upcoming Bitcoin halving event and aims to empower traders with amplified opportunities amidst market volatility.

Key Points: 
  • This strategic move comes in anticipation of the upcoming Bitcoin halving event and aims to empower traders with amplified opportunities amidst market volatility.
  • Bitcoin halving is a pivotal event occurring roughly every four years in the cryptocurrency world.
  • IQ Option's decision to increase Bitcoin leverage shows its commitment to helping traders facilitating growth opportunities during periods of heightened market volatility.
  • By offering more leverage before the Bitcoin halving event, the broker gives traders a better chance to potentially boost returns on their Bitcoin investments.

Talos and Coinbase Derivatives Open New Avenue for Institutional Crypto Derivatives Trading

Retrieved on: 
Tuesday, April 2, 2024

NEW YORK, April 2, 2024 /PRNewswire/ -- Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC (Coinbase Derivatives), a futures exchange registered with the Commodity Futures Trading Commission (CFTC), expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital assets within a trusted and regulated framework.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- Talos, a provider of institutional trading technology for digital assets, announced its integration with Coinbase Derivatives, LLC (Coinbase Derivatives), a futures exchange registered with the Commodity Futures Trading Commission (CFTC), expanding the avenues available for a growing number of institutional investors seeking to gain exposure to digital assets within a trusted and regulated framework.
  • "We've seen a lot of interest and growth in our derivatives business, and our integration with Coinbase Derivatives will expand the universe of regulated futures that clients can access using the Talos platform."
  • Coinbase Derivatives enables the trading of bitcoin (BTC) and ether (ETH) futures by institutional clients.
  • Talos clients will be able to incorporate the futures liquidity of Coinbase Derivatives into their trading strategies through the use of advanced algorithms, including Talos's Multileg algorithm that helps traders implement complex trading strategies.

Movement Labs Integrates Portal DEX to Boost Access and Liquidity of Move and Move-based Native Tokens Across Blockchains

Retrieved on: 
Tuesday, April 2, 2024

SAN FRANCISCO, April 2, 2024 /PRNewswire-PRWeb/ -- Movement Labs, the company building M2, the first ZK Move+EVM Layer 2 technology on Ethereum, and backed by Varys Capital, dao5 and Borderless, today announced it will integrate with Portal's cross-chain DEX network powered by Layer 2 atomic swaps that match centralized exchanges in terms of speed and liquidity without any asset custody or custodial risk.

Key Points: 
  • Through the Portal DEX Network, Movement's native token, $MOVE, and other native tokens from Move-based applications will be swappable across major L1/L2 networks.
  • "Joining forces with Portal offers significant benefits to the projects building on M2 and their users," said Rushi Manche, co-founder of Movement Labs.
  • "By integrating M2 assets into the Portal DEX Network, we expand the reach of Move Ecosystem tokens and also champion a more seamless and unified DeFi ecosystem.
  • Movement Labs will also support liquidity pools for both ETH-based and M2-based tokens in Portal's cross-chain Automated Market Maker (AMM), emphasizing the commitment to enhancing liquidity and trading efficiency.