BitMEX Eyes Spot Trading, Custody As Arthur Hayes Prepares to Surrender


Arthur Hayes. Source: Twitter, @CryptoHayes Major crypto derivatives exchange BitMEX is now seemingly working on all fronts in order to strengthen their positions amid regulatory crackdown and growing competition. Alexander Höptner, CEO of 100x Group, the holding behind the platform, revealed more...

Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany


Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn...

Japan Edges Closer to its First IEO – an NFT Platform


Japan is about to welcome its first initial exchange offering (IEO) – and yes, you guessed it, as with almost everything else that is currently happening in the crypto world, it’s non-fungible token (NFT)-flavored. Per a press release from the crypto exchange Coincheck, which will host the IEO,...

North America’s First Bitcoin ETF Now Holds Over 11,000 BTC


The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching...

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