Category: Binance

Decentralized protocol Kyber launches new framework to facilitate on-chain market making

Decentralized protocol Kyber launches new framework to facilitate on-chain market making

Decentralized liquidity protocol Kyber Network has launched a new framework that it says will enable on-chain market making, the company announced Thursday.  According to the announcement, the KyberPRO end-to-end framework is the first of its kind will allow market makers, crypto token teams, and developers to more seamlessly enter the decentralized finance (DeFi) space by […]

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Binance Bitcoin Futures Markets Clock Highest 24h Volumes as Institutions Go Long

Binance Bitcoin Futures Markets Clock Highest 24h Volumes as Institutions Go Long

With bitcoin’s latest rally beyond the $13,000 mark, it seems like the next bull market is here. It can be seen from BTC markets that have been on fire for the last 7 days, including derivatives. The latest data shows that bitcoin futures markets on Binance have clocked the highest 24h BTC futures volumes amongst […]

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CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto

The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]

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CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

CME Group, a regulated bitcoin futures trading platform, has quietly become the second-largest player, surpassing Binance and BitMEX. Yesterday, CME recorded an open interest of $790 million as compared to $718 million by Binance and $601 million by BitMEX, according to The Block Research. Open interest in the value of outstanding derivative contracts that are […]

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Binance Smart Chain Unique Addresses Nears 250K in Less Than 2 Months

The Malta-based crypto-exchange Binance is now at the forefront of the DeFi wave despite being a hardcore centralized entity. One of the main initiatives that have helped bolster this is Binance Smart Chain [BSC]. In the latest milestone, the decentralized public blockchain appeared to be nearing $250K in terms of the total number of distinct […]

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A closer look at Binance’s record-breaking Q3

A closer look at Binance’s record-breaking Q3

Quick Take Binance burned $68M in BNB this weekend marking an all-time high The exchange recorded 106.8M web visits in Q3, which is a 47% Q/Q increase In terms of the spot volume, Binance has recorded its best quarter by far Binance’s futures volume has increased by 44% Q/Q This research piece is available to […]

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Binance Futures To Launch FIL/USD Coin-Margined Perpetual Contract Despite Ongoing Controversies

Binance Futures is all set to launch a FIL/USD coin-margined perpetual contract with trading starting from the 20th of October at 7: 00 AM (UTC). According to the official blog post, the FIL/USD coin-margined perpetual contract is a futures contract that uses FIL as collateral. Herein, the users will be able to choose between 1-50x […]

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Filecoin [FIL] Down By Over 50%; Is Filecoin Losing Steam?

Just a day after Filecoin announced its much-awaited mainnet launch on the 15th of October at block 148,888, Binance revealed ending the zero-interest promotion for borrowing FIL  and its interest rate will be adjusted as per market requirements. This news comes just hours after Binance enabled Isolated Margin trading for FIL and two other assets. […]

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