Search
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...
Wormhole to Become Separate Entity From Jump Trading
17.11.2023
Source: Pixabay Chicago-based trading firm Jump Trading has decoupled Wormhole, its cross-chain protocol. Bloomberg reported on Friday that Wormhole would be run as an independent entity by senior Wormhole employees. Citing people with knowledge of the matter, Bloomberg said that senior Wormhole...
Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg
17.11.2023
Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported
CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase
16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...
Bitcoin Price Prediction as BTC Market Cap Climbs Above $700 Billion for the First Time in 17 Months – Bull Market Back?
10.11.2023
Bitcoin (BTC) Chart / Source: TradingView A near 8% surge in the price of Bitcoin (BTC) in the past seven days has seen its market capitalization jump by more than $50 billion to above $700 billion for the first time in seventeen months. The cryptocurrency’s market cap was last around $729 billion...
Jump Crypto Pocketed over $1 Billion in Secret Do Kwon Deal, Dodges Questions from SEC
10.11.2023
President of Jump Crypto, Kanav Kariya, pleaded his Fifth Amendment rights while being questioned by the U.S. Securities and Exchange Commission over an alleged hidden market-making scheme with Terraform Labs’ founder, Do Kwon, that saw his company pocket over $1 billion. Kariya’s secret...
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
10.11.2023
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam
NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter
8.11.2023
Elon Musk slams NFTs on the Joe Rogan podcast only to unintentionally make the case for Bitcoin Ordinals
SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
8.11.2023
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October
Smart Contract Platform Tokens Command 26% of Crypto Economy Amidst Market Gains
5.11.2023
It’s been a strong week for smart contract platform tokens, with the top ten performers all notching growth against the U.S. dollar. The rise ranged from ethereum’s (ETH) 4.2% jump to solana’s (SOL) 32.5% surge. The smart contract coin sector witnessed 32 crypto assets...
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth
5.11.2023
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16% from the previous year. The firm’s...
XRP Price Prediction as XRP Jumps 10% to $0.60 Level – Here’s What’s Coming Next
3.11.2023
The XRP price has declined by 2% today, with the wider market suffering as a New York court finds FTX founder Sam Bankman-Fried guilty of fraud. Despite its drop, XRP has held to the $0.601658 level, marking a 10% gain in a week and a 15% jump in a fortnight. The coin has also risen […]
The...
Major Market-Makers in Talks to Provide Liquidity to BlackRock’s Bitcoin ETF If Approved – Here’s Why That Matters for the BTC Price
31.10.2023
Some of the global financial industry’s largest market-makers might jump in to provide liquidity for BlackRock if the firm’s spot Bitcoin Exchange Traded Fund (ETF) application is approved by the US Securities and Exchange Commission (SEC), reported CoinDesk on Tuesday citing a personal...
BlackRock's Bitcoin ETF Might Have Trading Support of Heavyweights Like Jane Street, Jump and Virtu: Source
31.10.2023
Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths
Top 3 coins crypto whales are buying: Should you jump in, too?
30.10.2023
Crypto whales, the big shots of the crypto world, are super important in the market. They have tons of digital coins and can make prices go up or down with their moves. Many crypto enthusiasts believe in following them, as that might get hints about where the money is flowing. This post is going...
Crypto Assets Under Management Jump to $31.7B; SOL-Based Products Rise 74%: CCData
27.10.2023
Bitcoin-based products have increased their market share to 73.3% from 70.5% amid optimism over the possible approval of a spot-price exchange-traded fund
Dogecoin, Shiba Inu Jump 9% as Crypto Traders Take Riskier Bets
26.10.2023
The two popular meme coins have mostly underperformed crypto majors in the past week
Bitcoin Leads Crypto Majors' Gains; Analysts Bullish on SOL After 30% Weekly Jump
24.10.2023
Total market capitalization rose 8% to reach levels not seen since mid-August
Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show
19.10.2023
Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world
Sega Exec Shuji Utsumi: ‘Blockchain Gaming Is Still an Unknown World for Us’
17.10.2023
In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games are being made via its partnership with Double Jump...