BitMEX launches Option Trading in partnership with PowerTrade
BitMEX, a cryptocurrency options platform, has partnered with PowerTrade to create options trading. The cryptocurrency platform offers crypto options margined in Bitcoin (BTC), USDT, or USDC. It is well-known for its high-leverage perpetual swaps. In addition to introducing trading, BitMEX provides 0% commissions on all options through the end of May. Users will also earn […]
Tether Invests in CityPay.io for Eastern Europe Expansion
Tether has declared it will invest in a payment service in Georgia as part of its Eastern European expansion. The issuer of USDT plans to contribute more money to CityPay.io, a payment service based in Georgia. As stated in the official press release, the platform offers services in over 600 sites across Georgia. Customers can […]
VanEck’s MarketVector Launches Meme Coin Index
The Meme Coin Index was first introduced by VanEck’s MarketVector, a benchmark that tracks the six biggest meme currencies by market capitalization. The index is updated regularly and maintains diversification by capping individual coin weightings at 30%. This cap makes sure that no coin has a huge impact on the index. Institutional and individual investors can […]
Barclays Says Block Inc. Could Enter S&P 500
Financials-related notes from Barclays indicate that Jack Dorsey’s Block Inc. may be eligible for inclusion in the S&P 500 benchmark index. Barclays has indicated that the firm may be considered for inclusion in the S&P during its upcoming quarterly rebalancing on June 7. As per the report, the organization satisfies the eligibility requirements after disclosing […]
Moonpay Partners with Bitpay to Streamline Crypto Transactions
BitPay, a cryptocurrency payments platform, and MoonPay, a web3 fintech company, will streamline cryptocurrency transactions. Through social media, MoonPay revealed that the collaboration would facilitate quicker and simpler cryptocurrency sales, simplifying the process for users to move cryptocurrency to their bank account or debit card. The integration may make it easier for cryptocurrency users to […]