The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading...

Derivatives transparency allows us to monitor the continuing activity in RUB markets. Interest Rate Swap activity in RUB spiked in response to the central bank action this week. And Russia is a component of the CDX.EM CDS index, where trading continues despite huge event risks. FX markets are a little more opaque, but we see […]

Bitcoin investors have de-risked as global macro headwinds increase. In particular, traders eye the proposed Fed rate hikes in March, opting for protective insurance over speculative calls.

Huobi Futures, a leading global digital asset derivatives trading platform under the Huobi Group, today announced the launch of its latest community initiative, the Derivatives Master Trading Contest. From February 5-12, users can participate in events for a chance to win a piece of the 100,000 USDT giveaway and become a “Derivatives Trading Master.”  Crypto […]

Crypto exchange FTX is acquiring Japan’s Liquid Group and its operating subsidiaries to bolster up its Asia expansion. The acquisition comes less than 48 hours after FTX raised $400 million at a $32 billion valuation in the latest Series C funding round. According to an official press release, the acquisition deal includes Quoine Corporation and its Singapore subsidiary. In 2017, Quoine was one of the first cryptocurrency exchanges to register with Japan’s Financial Services Agency, the country’s top financial regulator. Liquid said the deal with FTX is set to conclude by the end of March 2022 subject to regulatory and shareholder approval. Once the acquisition is completed, Quoine will gradually start integrating FTX’s products and services into its own platform and thereafter serve all of FTX’s Japanese clients. “Following FTX’s acquisition of Liquid, Quoine will gradually integrate FTX’s products and services into its own offering, and FTX’s existing Japanese customers will be migrated to Quoine’s platform,” the announcement release reads. “In connection with this acquisition, FTX has also entered into an agreement with Liquid to provide its existing Japanese users with services in compliance with Japanese laws, and will transfer its existing Japanese users to Quoine.” Liquid-FTX Connections Founded in 2014, Liquid is one of the world’s largest crypto exchanges in daily trading volume, with nearly $72 million, according to CoinMarketCap. The platform offers both spot trading and financial derivatives. FTX is one of the leading centralized crypto exchanges with a daily trading volume above $10 billion across spot and derivatives markets, per CoinGecko. FTX is already familiar with Liquid. In August 2021, when Liquid was hacked for more than $90 million, FTX came to its rescue and provided $120 million in debt financing to help cover its losses.

The post FTX Buys Japanese Crypto Exchange Liquid Group for Asia Expansion appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin enters its 82nd day of the prevailing drawdown, as derivatives traders bet on further downside. Meanwhile, on-chain demand models suggest a more bullish undertone is in play.

FTX US has reached a value of $8 billion in its latest $400 million funding raise. According to the exchange’s press release, FTX.US locked in new funds from a group of blue chip investors to help it expand its U.S presence, and “further establish itself as the largest crypto exchange in the US” while adhering […]

The post FTX US Makes $8 Billion Valuation In Latest Funding Raise appeared first on Coin Bureau.

With bitcoin’s price falling, how much more loss can the market sustain and is there more short-term downside?

A look at how macroeconomic volatility spikes are impacting the bitcoin price.

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the […]