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Huobi Futures Celebrates $2.6 Trillion in Trading Volume

Huobi Futures has just celebrated over $2.6 trillion in cumulative trading volumes since its launch just over two years ago. Its launch date was December 10, 2018 and ever since then, the trading platform has gone from strength to strength, now being considered one of the go-to places for derivitace product options. A constant look towards the future and a aim to expand its product options have helped its growth. For instance, USDT-margined Swaps, Coin-margined swaps and futures are among...

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Bitcoin Whales And Institutions Buy Low And Sell High: OKEx Report

A recent report posted by the popular cryptocurrency exchange OKEx says that retail investors had chased BTC’s price when it was heading higher in the past few months. In contrast, whale traders and, possibly, institutions were taking profits and primarily buying the dips.Retail Traders Chase The Price; Large Investors Take ProfitsOKEx partnered with the blockchain data company Kaiko to analyze data from the most utilized trading pair on the exchange – BTC/USDT. The two organizations followed...

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AAX Futures Exchange Adds Fiat Onramp for 11 Currencies

The newly enhanced multi-account wallet AAX has provided its users supports all of the newly added fiat currencies as well as the USDT stablecoin.AAX, the rising crypto futures exchange, has announced support for 11 fiat currencies as it looks to stake its claim as a top-tier platform. The addition of a fiat on- and off-ramp for citizens of 11 new countries will be welcomed by the exchange’s 500,000 users. Popular across the CIS states, Europe, and Singapore, AAX has been on a tear lately,...

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AAX Exchange Adds Bank Transfers and Support for 11 FIAT Currencies

AAX Exchagne has revealed that it is to roll out support for 11 fiat currencies this month, allowing users to deposit and withdraw funds via bank transfer. At the same time, it’s integrated the newly added currencies into its multi-currency wallet alongside USDT. The news will be welcomed by AAX users who have lacked a direct onramp until now and will bolster the platform’s efforts to onboard another half a million users.The currencies that AAX has declared support for are among the most...

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ETH Worth $510 Million Staked in Ethereum 2.0 Deposit Contract for Tomorrow’s Launch

The hype around Ethereum 2.0’s launch is pretty hot at the moment. It can be seen from the enormous amount of ETH staked in the upcoming proof-of-stake network’s deposit contract. Data shows a balance that is upwards of 853,000 Ether (worth more than $500 million) in the Ethereum 2.0 deposit contract.ETH Worth $500 Million+ Deposited In The Ethereum 2.0 Deposit ContractEthereum blockchain activity tracking website etherscan.io has been keeping a record of all Ethereum 2.0 developments since...

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Pizza Hut Now Accepts Bitcoin Payments in Venezuela

Pizza Hut, which has over 18,700 outlets globally, joins Burger King Venezuela in accepting cryptocurrency payments. As Coinspeaker reported, Burger King also partnered with CryptoBuyer on the initiative. It accepts Bitcoin, Binance Coin, Tether, Litecoin, Dash and Ethereum.South America Setting the PaceSouth America has emerged as one of the leading hubs in cryptocurrency payments. While the US, East Asia and Europe lead in cryptocurrency trading and speculation, Latin America has been using...

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Chinese Authorities Seize Over $4.2B Worth of Digital Assets from PlusToken Ponzi Scheme

The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform. Chinese law enforcement has seized cryptocurrencies worth over $4.2 billion from the PlusToken Ponzi scheme. Apparently, a total of 194,775 BTC, 833,083 ETH, 1.4 million LTC, 27.6 million EOS, 74,167 DASH, 487 million XRP, 6 billion DOGE, 79,581 units of BCH, and 213,724 USDT have been seized by Chinese law enforcement from seven convicts during the...

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Five Reasons Ethereum Has Entered a New Bull Market

Ethereum is currently retracting sharply from its previous and 30-month peak of $620. Even with a decline of around $100 to today’s prices of $525, ETH is still up over 300% since the beginning of the year.The confirmed genesis of the long-awaited Beacon Chain, which is Phase 0 of the even longer awaited Serenity ETH 2.0 upgrade, has no doubt driven momentum but it is not the only strong point for Ethereum.Over 5 Reasons to be Bullish on EthereumDTC Capital’s Spencer Noon has pulled out a few...

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West Coast Aquaculture (WCA) Completes $3.65M IPO with Over 89% Raised via Tether (USDT)

West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833.As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether (USDT). According to news outlet Coindesk, the WCA crypto IPO was facilitated by a fintech firm STAX. “The successful WCA capital raise and IPO, paves the way for the future of capital markets in...

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Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

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