News list for "Institutional"
Although regulators around the world have banned Polymarket on the grounds that it is a gambling platform, lawyer Aaron Brogan has good reason to argue that it is not a gambling platform. Aaron Brogan, a New York-based cryptocurrency lawyer, argues that on the surface, prediction markets are just an online version of gambling, which is not true. "If you are a state-licensed gambling product...
Andrei Grachev, a crypto investment firm, said in an X post that its Meme fund is looking for BNB Chain-based Meme projects.
QCP Capital, a Singapore-based crypto investor, said spot prices remained sideways after a market wash last week. Nearly $20 billion of bitcoin and ethereum options expire this Friday, accounting for nearly half of Deribit's total holdings. Option expiration could trigger a quarter-end volatility sell-off, especially if spot prices are sideways and sellers continue to roll short positions. If BTC breaks through $100,000, volatility may remain stable, otherwise counterfeit products may usher in a...
Uranium Capital, Solana's institutional-grade spot trading service, announced the completion of a $1.70 million Pre-Seed round led by Portal Ventures, with participation from Framework Ventures, Karatage, Santiago R Santos, YanoMarc Weinstein, and Alex Svanevik, CEO of Nansen, to support seamless transactions in an underfinancialized and highly regulated industry, allowing physical settlement by licensed buyers, ensuring accessibility and regulatory compliance.
Project Diamond, a compliance digital asset platform for global institutions developed by Coinbase, has announced that it is adopting the Chainlink standard as an infrastructure to support the full lifecycle management of tokenized assets. Chainlink's Cross-Chain Interoperability Protocol (CCIP) enables new assets on Coinbase's Project Diamond platform to be interoperable with public or private blockchains.
On December 8th, EDX Markets, an institutional cryptocurrency exchange, has promoted its chief technology officer (CTO) Tony Acuña-Rohter to CEO. Founding CEO Jamil Nazarali becomes executive chairperson. In Quarter 1, 2025, the company plans to launch crypto-perpetual futures trading, initially supporting BTC and ETH, and adding SOL and XRP in the next few months. The perpetual futures trading venue will be located in the Equinix TY3 data center in Tokyo. Like the onshore exchange, EDXM Global...
Venture capitalist Felix Hartmann warned that the market for counterfeit products could be volatile in the short term as institutional investors increase profit-taking activity. "Once the momentum starts, we have to reduce leverage and see some big pullbacks," he explained. He noted that most counterfeit products now have funding rates "above" 100 per cent annualised and that recent moves have been driven purely by perpetual traders in the face of falling spot trading volumes...
On December 5th, Coinbase Institutional recently announced that the Coinbase 50 index has added AXS, BLUR, JASMY, KSM, and EGLD. According to previous news, the Coinbase official website information shows that the Coinbase 50 index of digital assets officially set by Coinbase includes BTC, ETH, SOL, XRP, DOGE and other 45 kinds of digital assets, the first three accounting for about 85%; XRP accounted for about 2.9%; DOGE accounted for about 1.4%; other assets accounted for about 10.4%.
12月5日消息，Coinbase Institutional 近日宣布，Coinbase 50 指数新增 AXS、BLUR、JASMY、KSM、EGLD。 此前消息，Coinbase 官网信息显示，Coinbase 官方设置的数字资产基准指数 Coinbase 50 指数中共包含 BTC、ETH、SOL、XRP、DOGE 及其他 45 种数字资产，前三者占比约为 85%；XRP 占比约为 2.9%；DOGE 占比约为 1.4%；其他资产占比约为 10.4%。
Australia's securities regulator, ASIC, is seeking feedback on proposed cryptocurrency guidelines "Stakeholders have been calling for greater transparency and in response, we have issued updated draft guidance," the Australian Securities and Investments Commission said.
Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, a macro research firm, said in a post on social media: "The new Treasury Secretary, Scott Bessent, is in favor of using a weak dollar and low oil prices to drive U.S. and global growth. That's all you need to know. It will drive financial conditions. Scott is good for your bag. I've known him for over a decade and he understands that."
Bitdeer announced that it will issue a $360 million 5.25% convertible senior note to qualified institutional investors with a maturity date of 2029. Initial purchasers can purchase an additional $40 million principal note within 13 days of issuance, with the transaction expected to close on November 26. The initial conversion price of the notes is $15.95 per share, a 42.5% premium to the closing price on November 21. After deducting related expenses, it is expected that the net raising will be a...
Federal Reserve Collins: Since policy remains restrictive, some additional rate cuts are still needed.
Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, a macro research firm, wrote on X: "So it looks like Michael Saylor and I have reached a consensus again. I also believe that BTC is a pristine asset. He also believes that the tokenisation of all assets, cultures, etc. will also happen, and they are not the same as each other. Eventually there will be multiple assets based on BTC."
Brazil's central bank is preparing to open the cryptocurrency market to traditional Financial Institutions Groups, which will be able to do business in the sector with clarity after the upcoming regulations are enacted. Small cryptocurrency startups may face the challenge of regulating their situation as the framework will impose high thresholds.
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