Trading
Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
Ribbon said it expects trading volumes to reach over $100 million a day within the first six months.

Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme
The crypto exchange’s new measure aims to reduce the hyperinflated LUNC token’s supply, but it is unlikely to have the desired effect that traders hope for.

Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge
Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed. The Ethereum miners still have about 245,000 ETH left – and no longer any business affiliation with the blockchain network.

Coinbase Completed $100M Transaction to Test Proprietary Trading: Report
The exchange hired at least four Wall Street traders to form a group called Coinbase Risk Solutions to use the firm's own cash to trade crypto.

Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K
This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.

Ether Funding Rates Revert to Normal Days After Successful Merge
A popular trade drove up funding rates to lifetime highs for ether futures.

New Crypto Exchange Aims to Bring What Old Crypto Hates: Wall Street Intermediaries
Jamil Nazarali, CEO of EDX Markets, joined CoinDesk TV’s “First Mover” to discuss what his new exchange means for institutional investors and why crypto’s philosophy of being an asset class without a middleman is unlikely to last.

Nova Labs Inks Agreement With T-Mobile to Cover 5G Dead Spots in Helium Network
Terms of the five-year agreement with the wireless giant weren't disclosed.

XRP y ether lideran la recuperación cripto mientras los mercados se preparan para otra suba de la Fed
Se espera que el banco central de Estados Unidos vuelva a subir las tasas en 75 puntos base el miércoles.

XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare for Outsized Fed Hike
The U.S. central bank is expected to again hike rates by 75 basis points on Wednesday.

