Category: Exchanges

Currency.com CEO on the pros and cons of regulated exchanges, crypto predictions for 2021 and more

CryptoSlate recently had the opportunity to chat with Jonathan Squires, the CEO of Currency.com, a top platform for digital asset trading with a broad spectrum of fiat and crypto on-ramps. Squires was previously CEO of iBus Media, part of the Stars Group. With his traditional MBA background, he is one of the new bunch of…

December 30, 2020
Large Bitcoin Futures Gap Causes Temporary Trading Pause, ETH Open Interest Hits All Time High

CME Group temporarily paused trading of bitcoin futures after the market opened to a large gap of over $3,000 between the derivatives and the underlying crypto asset. According to a report, it was this huge futures gap which “amounted to a massive upside volatility” that led to the trading pause. Futures gaps are caused by…

December 29, 2020
Okcoin and Coinbase to Halt XRP Trading Due to the US SEC Lawsuit Against Ripple

Two major cryptocurrency exchanges joined the XRP trading suspension campaign in the wake of the U.S. Securities and Exchange Commission (SEC) lawsuit filed against Ripple Labs on December 22, 2020. Two Major Crypto Exchanges to Suspend XRP Trading in January 2021 The last week of 2020 started with the announcement of Okcoin, one of the…

December 29, 2020
Tokenlon’s Head of Growth on the challenges of building a decentralized exchange, crypto predictions for 2021 and more

CryptoSlate recently had the opportunity to chat with Lucas Huang, the Head of Growth at Tokenlon, a popular decentralized exchange (DEX). Before joining Tokenlon, Huang spent years working at Kyber Network and Deloitte Consulting. Huang studied computer science at the University of Chicago and accounting information systems at Michigan State University. In the interview, we…

December 29, 2020
Pending the SEC lawsuit against Ripple, Coinbase announces it will suspend XRP trading on January 19

On Monday, Dec. 28, Coinbase’s Chief Legal Officer, Paul Grewel, announced via a Medium post that Coinbase will suspend XRP trading on January 19, 2021, pending the SEC lawsuit against Ripple Labs. In the post, Grewel noted: “The trading suspension will not affect customers’ access to XRP wallets which will remain available for deposit and withdraw…

December 28, 2020
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam

Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K per Bitcoin on Livecoin Exchange Russian cryptocurrency exchange Livecoin claims…

December 26, 2020
Why XRP dropped 24% in 2 hours after a massive relief rally

The XRP price has declined by 24% in the past hour on Binance after Bitstamp released its statement. The XRP 1-hour price chart. Source: XRPUSD on TradingView In light of the U.S. Securities and Exchange Commission (SEC)’s complaint against Ripple, Bitstamp said it is halting XRP trading for U.S. customers. The exchange wrote: “In light…

December 25, 2020
Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

December 24, 2020
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed

Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s dominance index has risen…

December 23, 2020
FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing

After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried announced the launch was now live and Coinbase pre-IPO futures contracts are…

December 22, 2020