Charles Schwab Set to Roll Out Bitcoin, Ethereum Spot Trading
Charles Schwab, one of America’s largest financial firms, has announced plans to allow its clients to trade Bitcoin and Ethereum directly within its platform. This move signals the company’s deeper push into cryptocurrency, as more investors seek convenient and trusted ways to manage their digital assets. During the company’s latest earnings presentation, CEO Rick Wurster […]
Standard Chartered Bank Launches Spot Bitcoin, ETH Trading
Standard Chartered became the first Bank to launch spot crypto trading as they announced a plan to make spot BTC and ETH trading live. The global banking giant Standard Chartered intends to establish a trading desk to spot Bitcoin and Ethereum as part of its ongoing crypto drive. Consequently, it has become the first bank […]
HTX Exchange Surpasses Coinbase in Spot Trading Volumes
HTX exchange, formerly known as Huobi, has surpassed United States-based exchange Coinbase in spot trading volumes. On May 27, X was on hand to report that the global HTX exchange had, for the first time, surpassed Coinbase in terms of spot trading volume. Tron founder and HTX adviser and significant asset holder Justin Sun made […]
Bitcoin ETFs Make Over 10% of BTC Spot Trading — Analysts
U.S. spot Bitcoin ETFs now account for “only 10-15%” of the total Bitcoin spot trading volume across centralized exchanges (CEX) worldwide and possess approximately 650,000 BTC or 3% of the outstanding Bitcoin supply. Short-term attention towards spot Bitcoin exchange-traded funds (ETFs) could potentially divert attention away from the more significant crypto trends emerging in the […]
Binance Spot Trading Volume Declines Consecutively for 7 Months
Binance exchange has continued to lose market share due to ongoing regulatory issues in the United States, with evidence in spot trading volume reportedly declining 7 months in a row. Binance’s spot market share declined for the seventh consecutive month in September 2023, Bloomberg reported on October 5, citing CCData’s analysis. According to the report, […]