CME Micro Bitcoin futures surpass 1M contracts as institutional speculation grows

The Chicago-based derivatives market launched its Micro Bitcoin futures product in early May, providing investors with smaller positioning opportunities. Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months of trading.  Since launching on May […]

So, What Are Bitcoin Miners Actually Doing?

Let’s take a deeper look at what may appear as a magical process: bitcoin mining. An Overview Of What Bitcoin Miners Are Actually Doing This article, to a degree, builds upon my previous one. Before we peer under the hood, let’s look quickly at how miners have evolved. At first, the mining difficulty level was […]

Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges

Top financial regulators in England and Japan have independently issued warnings on Binance for offering crypto exchange services to residents of the two countries without being registered with the regulators as required by law. Japanese Regulator’s Warning Japan’s top financial regulator, the Financial Services Agency (FSA), issued a warning notice to Binance Holdings Ltd. and […]

Kraken Daily Market Report for June 26 2021

Overview Total spot trading volume at $956.4 million, the 30-day average is $1.42 billion. Total futures notional at $365.8 million. The top five traded coins were, respectively, Bitcoin (+2.2%), Tether (0%), Ethereum (+1.1%), USDC (0%), and Cardano (-0.1%). Strong returns form Kyber Network (+9.1%), Kava (+6.7%), and SushiSwap (+6.0%). June 26, 2021  $956.4M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $32277. ↑2.2% $358.4M USDT $1.0 ↑0.0% $228.8M ETH $1830.0 ↑1.1% $208.0M […]

Cardano (ADA) adds 50,000 new ‘staking’ addresses in just 3 weeks

According to data aggregation platform PoolTool, Cardano (ADA) added more than 50,000 staking addresses in three weeks’ time, reflecting a substantial 8% growth in less than a month.  Cardano’s total staking addresses surpassed the 600,000 milestone in early June as the attention around the platform continues to grow. Recent developments Currently, Cardano has a total […]

Bitexen Review

Bitexen is an online crypto-currency trading platform developed by Bitexen Teknoloji A.Ş., which is founded at ITU ARI Teknokent Technology Development Zone in 2018.