Amazing Crypto

Category: Exchanges

  • Strix Leviathan launches proprietary trading platform Octopus

    Strix Leviathan, a quantitative investment management firm, has launched its proprietary trading platform called Octopus. The platform is a product of more than two years of work, offering its users an enterprise-grade portfolio management system specifically tailored for cryptocurrencies. Strix’s new trading platform uses advanced algorithmic trading strategies Minimizing human judgment in crypto investing is…

  • This crypto exchange volume trend could be a major warning sign to investors

    This crypto exchange volume trend could be a major warning sign to investors

    The immense volatility seen by Bitcoin and the aggregated crypto market throughout 2020 has led to a major shift in dynamics seen amongst market participants, with many retail investors fleeing exchanges as they lose trust in centralized entities and begin adopting a long-term “hodl” strategy. This has coincided with a major decline in legitimate trading…

  • 12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish

    12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish

    According to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin whales with 1,000 to 10,000 BTC or more on a single address has increased significantly.…

  • PrimeXBT: Why Bitcoin traders switch to other markets

    PrimeXBT: Why Bitcoin traders switch to other markets

    The growth of the Bitcoin market has brought forth a new type of trader — the Bitcoin, or cryptocurrency, trader. These traders thrive on high risk and big volatility, and know-how to master the new and nascent digital asset markets. However, they also have a good eye for opportunities across the board. The Bitcoin market…

  • Crypto traders go into hiding as BitMEX continues losing market share

    Crypto traders go into hiding as BitMEX continues losing market share

    The crypto market has been subjected to immense volatility throughout 2020, with Bitcoin plummeting to lows of $3,800 in mid-March before incurring an intense rebound that has since led it all the way up to highs of $9,500. It appears that this immense volatility — and especially that seen throughout the past couple of days…

  • After Bitcoin’s near 50 percent drop in March, exchanges lost institutional volume and reveal over 100,000 BTC withdrawals

    After Bitcoin’s near 50 percent drop in March, exchanges lost institutional volume and reveal over 100,000 BTC withdrawals

    Cryptocurrency exchanges and retail traders alike felt the effects of Bitcoin’s sudden fall in March 2020. While the latter may have lost significant capital on long positions, the drop has compelled exchanges to exist in an institution-less and low-volume environment. Bitcoin’s rollercoaster drop On March 12, Bitcoin traders witnessed what was the largest single-day drop…

  • Bitfinex’s new social network targets traders and crypto enthusiasts alike

    Hong Kong-based cryptocurrency exchange Bitfinex announced the introduction a new platform that enables its users to interact with each other. Dubbed Bitfinex Pulse, it is set to meet customers’ demand for a social network tailored towards traders and crypto enthusiasts alike. Paolo Ardoino, CTO at Bitfinex, affirmed that after the success that the public leaderboard…

  • As Bakkt’s second CEO exits firm, questions rise about the hyped Bitcoin “catalyst”

    Bakkt, the Intercontinental Exchange (ICE) crypto subsidiary, suffered its second high-profile executive exit last week after CEO Mike Blandina stepped down. While the rumored institutionalization of cryptocurrency remains a far-fetched vision, several empty promises and misplaced hypes question Bakkt’s integrity as a company. Third executive in four months As reported on Bloomberg, Blandia resigned the…

  • Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy

    Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy

    Cryptocurrency exchange Coinbase has released a price oracle that allows anyone to publish price data on-chain. The Coinbase Oracle, a signed price feed, grants users free access to data for BTC-USD and ETH-USD markets, the company announced Thursday. The idea is to make decentralized finance more secure. The price feed is sourced from Coinbase Pro…

  • Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days

    Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days

    Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained below $100 million in the nine months to January…