News list for "CoinDesk"
On January 23rd, OKX President Hong said in an interview with CoinDesk that although DEX transaction volume has increased by 20 times on the OKX platform, DEX and CEX are not antagonistic, but complementary. Hong added that crypto native users need the reliability of CEX, while using DEX to capture innovation opportunities. She said that such supply and demand dynamics will...
On January 23rd, OKX President Hong said in an interview with CoinDesk that discussions around the adoption of cryptocurrency institutions and the risks of centralized custody are driving a significant increase in the popularity of self-custody. Hong pointed out that while institutional adoption of cryptoassets and the rise of crypto ETFs are positive signals for the development of the industry, these trends have also raised concerns about the centralization of custody.
On January 22nd, according to CoinDesk, Nexo announced that it will implement a minimum account usage threshold of $5,000 effective February 21, 2025, in order to focus on serving high net worth customers. This move is part of its 2025 growth strategy and recent rebranding. Nexo said that the platform is dedicated to supporting long-term coin holders and wealth creators through high-end customized services and wealth management solutions. As of now, Nexo has managed more than $11 billion in asse...
On January 22, Coindesk analyst James Van Straten said that the Glassnode data showed that the hashprice indicator reached 62 PH/s, which is a bullish signal in history. It is reported that the hashprice is a measure of mining profitability created by Luxor. Mining revenue was below the 365-day moving average (SMA) for most of 2024. It only returned to...
According to Coindesk, the Chicago Mercantile Exchange (CME) bitcoin options trading showed the strongest bullish sentiment since Trump won the election on November 5. Data showed that the skewness of options trading rose to 4.4%, the highest since the beginning of November.
According to Coindesk, the latest research report of financial services company Canaccord Genuity shows that bitcoin mining is expected to continue to be profitable in 2025, and the mining cost of major mining companies is about 2.6-2 8,000 dollars per bitcoin. The report also pointed out that the large-scale power supply of mining companies is increasingly attracting the attention of artificial intelligence data center hosting business. In addition, several large listed mining companies are usi...
According to CoinDesk, Swiss cryptocurrency trading platform and artificial intelligence-led investment house Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions, including banks and trading platforms. The European Unio...
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