Tag: Trading

Blockchain.com Expands Crypto Trading Platform to Ghana

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Crypto brokerage company Blockchain.com is expanding into Ghana as part of a broader push to grow its presence across Africa, following rapid user growth in Nigeria over the past year. The company said it plans to offer Ghanaian users access to its trading platform as it builds out regional infrastructure and explores additional African markets. The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than a 700% increase in brokerage transaction volume. According to the company, the most traded assets on its platform in the country have…

Bitcoin Trading With Tech Stocks Narrative is Overstated: NYDIG

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Bitcoin’s recent parallel movement with US software stocks is more of a case of shared exposure to macro events, rather than any structural convergence, according to financial services company NYDIG. In the past week, Bitcoin (BTC) rallied alongside US software stocks, leading many to claim the cryptocurrency was a proxy for the sector, Greg Cipolaro, the head of research at NYDIG, said in a note on Friday. “While the visual fit of their indexed price is compelling, the conclusion that Bitcoin and software equities have structurally converged, or that they…

Crypto trading firm BlockFills explores restructuring amid losses and customer lawsuit

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BlockFills, the Chicago-based crypto options and lending platform backed by Susquehanna, is preparing for a corporate restructuring after suffering substantial financial losses and facing legal action from a customer alleging mishandling of funds. According to a Financial Times report, the firm has engaged consulting group BRG and law firm Katten Muchin Rosenman to advise on restructuring efforts. BlockFills froze client withdrawals last month following loan losses and unsuccessful bets tied to crypto mining operations. The company has since disclosed to potential investors that its financial reporting contained inaccuracies. A Manhattan…

NYSE Owner ICE Invests In OKX At $25B To Expand Tokenized Stock Trading

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Intercontinental Exchange will take a board seat at OKX and plans to bring NYSE-listed tokenized stocks and derivatives to the crypto exchange’s users in 2026. Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has invested in crypto exchange OKX at a $25 billion valuation and will take a seat on the company’s board, according to a Thursday announcement. ICE has invested an undisclosed amount in OKX as part of its push into blockchain technology and tokenized stocks, the announcement states. OKX will provide ICE with a…

Tradeweb Leads $31M Investment in Crypto Trading Platform Crossover Markets

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Electronic trading company Tradeweb has led a $31 million Series B funding round in institutional crypto trading platform Crossover Markets, valuing the company at $200 million. The round included participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, Illuminate Financial and XTX Markets. According to Wednesday’s announcement, the deal also includes a strategic partnership that will allow Tradeweb’s clients to access spot crypto liquidity through Crossover’s CROSSx electronic communication network (ECN), marking the company’s entry into institutional cryptocurrency trading and linking its global network of institutional traders with digital…

South Korea Halts Trading as Global Markets Plunge

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The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024, Channel News Asia reported on Wednesday. Japan’s stock markets also saw heavy losses on Wednesday, with the Nikkei and Topix both down almost 4%. Hong Kong’s Hang Seng Index was down 3%, and China’s Shanghai…

Prediction Markets Risk Trading Block in Nevada After Court Ruling

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A US federal court ruling has increased the risk that Nevada regulators could seek to halt prediction-market trading in the state after a judge sent a dispute involving Polymarket’s parent company Blockratize back to state court. A federal judge rejected arguments that US regulation under the Commodity Exchange Act (CEA) and the Commodity Futures Trading Commission (CFTC) fully preempts state gaming laws for prediction markets, according to a Monday order. The judge found that the CEA’s savings clause does not completely displace state authority and that the companies had not…

Bitcoin ETFs Surge as Trading Volumes Reach February Highs

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US spot Bitcoin funds opened the week with strong inflows, extending last week’s rebound even as conflict in the Middle East escalated. Bitcoin (BTC) exchange-traded funds (ETFs) recorded $458.2 million of inflows on Monday, extending last week’s $787.3 million in net inflows, according to data from SoSoValue. The latest gains pushed cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion, the highest level since early February. Daily flows in US spot Bitcoin ETFs since Feb. 18, 2026. Source: SoSoValue  The inflows came as Bitcoin rose about…

Tushar Jain: Business development is key for blockchain success, Solana’s technical roadmap is crucial for its future, and Ethereum faces scalability challenges in trading

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Solana’s unique advantages position it as a leading contender against Ethereum in the blockchain space. Key takeaways Business development and marketing are more crucial than technology in the short term for blockchain success. Corporate blockchain initiatives face challenges due to competitive financial institutions. Solana’s future hinges on technical roadmaps and scalability upgrades. Solana is seen as the most advanced blockchain in terms of technology and community effort. Using market price to gauge fundamentals can be misleading in crypto. Rising barriers to entry benefit established platforms like Ethereum and Solana. Solana…

Decibel activates mainnet perpetuals trading on Aptos with $50M in pre-deposits

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Institutional-grade on-chain order book launches after strong testnet with 700,000+ accounts and over $50M in deposits. Decibel, a perpetuals exchange developed by Aptos Labs, launched today on the Aptos mainnet, bringing fully on-chain derivatives trading to the blockchain network. The platform executes all trading operations directly on-chain, including order matching, settlement, and risk management. During its public testing period, Decibel attracted more than 700,000 unique accounts and processed over one million trades daily. The exchange secured over $50M in pre-deposits before going live. Daily active users during the testnet phase…