Draft:Phemex

Genesis Q2 Report Shows Decreasing Bitcoin Dominance and Hedge Funds Diving Into DeFi

Retrieved on: 
Wednesday, August 4, 2021

The report shows a significant rotation out of bitcoin (BTC) into ethereum (ETH) and explains how clients search for yield drove activity across Genesis throughout Q2.

Key Points: 
  • The report shows a significant rotation out of bitcoin (BTC) into ethereum (ETH) and explains how clients search for yield drove activity across Genesis throughout Q2.
  • BTC trading accounted for roughly 47% of the firms overall spot trading activity, down from roughly 80% in Q2 2020.
  • ETH took most of that share from BTC with ETH accounting for roughly 25% of overall volumes on the desk.
  • With the outperformance of ETH over BTC in the first half of Q2, trading in UNI, SUSHI, AAVE and other Ethereum-based DeFi protocols picked up.

BOXTradEx and BOCT Signed Strategic Partnership To Launch Gateway Access To Digital Assets Broker In Asean Market

Retrieved on: 
Tuesday, July 27, 2021

KUALA LUMPUR, Malaysia, July 27, 2021 /PRNewswire/ -- BOXTradEx and BOCT has reached a strategic partnership to cooperate in cross-currency settlement via token and/or digital asset.

Key Points: 
  • KUALA LUMPUR, Malaysia, July 27, 2021 /PRNewswire/ -- BOXTradEx and BOCT has reached a strategic partnership to cooperate in cross-currency settlement via token and/or digital asset.
  • This partnership has the potential to create great value-added benefits to BOXTradEx users, especially with the option for fiat-to-cryptocurrency transaction settlement subject to rates.
  • BOXTradEx and BOCT's partnership provide users with the access to the digital assets ecosystem where users in Southeast Asia can deposit fiat money in return for selected digital assets.
  • The Fiat On-Ramp platform will support exchange for several digital assets, like BTC, USDT, TRX, XRP, etc.

BlockQuake™ Exchange Launches Globally

Retrieved on: 
Monday, July 26, 2021

Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.

Key Points: 
  • Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.
  • Initially, the BlockQuake Exchange will offer USD and major cryptocurrencies and stable coins that include BTC, ETH, LTC, and USDT.
  • BlockQuake also offers its own token, QuakeCoin, an ST-20 token built on the Polymath platform that will only be available on its exchange.
  • Some trading restrictions for The BlockQuake Exchange may apply based on a trader's jurisdiction of residence.

PowerTrade Brings Professional Trading Offering to Crypto, Becoming First Crypto Exchange to Make SPAN Margin Accessible

Retrieved on: 
Tuesday, July 20, 2021

SINGAPORE, July 20, 2021 /PRNewswire-PRWeb/ -- PowerTrade , the most sophisticated crypto options trading platform, announces the addition of SPAN margin to its USD priced Bitcoin options contracts, making PowerTrade the first globally-accessible cryptocurrency exchange to bring these elements of traditional options trading to the crypto market.

Key Points: 
  • SINGAPORE, July 20, 2021 /PRNewswire-PRWeb/ -- PowerTrade , the most sophisticated crypto options trading platform, announces the addition of SPAN margin to its USD priced Bitcoin options contracts, making PowerTrade the first globally-accessible cryptocurrency exchange to bring these elements of traditional options trading to the crypto market.
  • As the only crypto exchange that offers options priced in USD with SPAN margin, PowerTrade holds great appeal for traders seeking to discover new ways to make greater profits.
  • PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements.
  • At PowerTrade, it's easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options.

RockItCoin Achieves 1,000 Crypto ATMs Nationwide; University Village 76 Gas Station in Seattle Named The Thousandth Location

Retrieved on: 
Thursday, April 29, 2021

b'CHICAGO, April 29, 2021 /PRNewswire/ -- RockItCoin , the most trusted name in Bitcoin ATM, today announced the installation of its 1,000th Crypto ATM at a well-known University Village 76 gas station in Seattle, WA.

Key Points: 
  • b'CHICAGO, April 29, 2021 /PRNewswire/ -- RockItCoin , the most trusted name in Bitcoin ATM, today announced the installation of its 1,000th Crypto ATM at a well-known University Village 76 gas station in Seattle, WA.
  • They also support online transactions in the following cryptocurrencies; Bitcoin Cash (BCH), Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
  • "RockItCoin\'s Crypto ATMs are the safest and easiest choice for anyone seeking to turn cash into Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
  • For locations and interest in using one of RockItCoin\'s crypto ATMs, please visit https://rockitcoin.com/locations\nFounded in 2015 by Michael Dalesandro, RockItCoin is a crypto blockchain company based in Chicago, IL.