Crypto Trading


Finance

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.

Sign saying "Now Hiring" sits on a lawn.

Finance

Standard Chartered Is Building a Spot BTC, ETH Trading Desk

The new London-based desk will start operations soon and be part of the bank's FX trading unit.

Standard Chartered building (Chengting Xie/Unsplash)

Markets

Bitcoin No Longer Trading at a Premium on Coinbase, Data Show

CryptoQuant's "Coinbase premium" indicator has flipped negative, signaling a weaker net buying pressure from U.S. investors.

Bitcoin: Coinbase premium index (SMA 7). (CryptoQuant)

Policy

China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ

Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters, WSJ reported.

Laundromat (Skitterphoto/Pixabay)

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Tech

Sei, Blockchain Designed for Trading, Goes Live but 'Frustration' Mounts Over Airdrop

The buzzy blockchain project's SEI token saw a flurry of trading as it debuted on several crypto exchanges, but there was much confusion over the status of a promised token "airdrop" to early adopters of the network.

Sei Labs co-founder Jay Jog (CoinDesk TV)

Markets

As Crypto Grows, so Does CoinDesk’s Commitment to Keeping Pace

A new CoinDesk tool called the Bitcoin Trend Indicator can help traders spot where BTC is headed.

(Jonathan Chng/Unsplash)

Tech

Crypto Trading Tech Firm CoinRoutes Wins Patent for ‘Smart Order Router’

The invention by the father-and-son team of David and Ian Weisberger allows “clients to keep control of their own private and exchange keys to their wallets and accounts, but can execute orders across multiple exchanges simultaneously,” according to the patent document.

Schematic image from patent for "distributed crypto-currency smart router." (U.S. Patent Office, modified by CoinDesk)

Finance

Robinhood’s Crypto Revenue Declined 24% to $39M in Q4

The online trading broker overall missed both earnings and revenues estimates for the quarter.

Robinhood CEO Vlad Tenev

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Opinion

Why Is Crypto Bouncing Back?

Global inflation is at a turning point. Here’s what that could mean for crypto’s nascent turnaround, CoinDesk Chief Insights Columnist David Z. Morris writes.

Federal Reserve Chair Jerome Powell (Helene Braun/CoinDesk)

Markets

Solana Price Rebounds as Ethereum's Buterin Tweets Support

But the “Sam coin” is still down nearly 95% this year.

DENVER, CO - FEBRUARY 18: Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. ETHDenver is the largest and longest running Ethereum Blockchain event in the world with more than 15,000 cryptocurrency devotees attending the weeklong meetup. (Photo by Michael Ciaglo/Getty Images)

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