Crypto Trading

Crypto Trading

Finance

B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth

The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.

Jason Lai, B2C2

Finance

Bullish shares surge 14% as subscription revenue offsets digital asset slowdown

Bullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.

Tom Farley, CEO of Bullish, and Lynn Martin, President of the New York Stock Exchange, speak at Consensus 2024 by CoinDesk.(Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

EToro reports second quarter crypto loss even as total profit beats estimates

The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.

EToro CEO Yoni Assia. (Vanja Savic/Wikimedia Commons)

Finance

BitMEX sale collapsed as buyers balked at founder ownership and shrinking business

Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.

(Shutterstock)

Finance

Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks

The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets.

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

Policy

Bitget set to exit Japan, close all remaining positions by year-end

The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.

Tokyo, Japan. (Erik Eastman/Unsplash)

Markets

Crypto faces 3 barriers to next bull run, STS Digital CEO says

Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler.

Trading screen. (Yashowardhan Singh/Unsplash)

Markets

Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings

A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.

Wall Street street signs. (Chenyu Guan/Unsplash)

Finance

BitMEX and BitMart may be first casualties of crypto trading slump

Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over two years.

Closed sign (Tim Mossholder/Unsplash)

Finance

Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites

The crypto trading platform said the layoffs reflect a strategic shift toward its fast-growing enterprise business.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)