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Showing posts with the label cryptocurrency trading

CoinW celebrates 8th anniversary with 15 million users and full-stack trading upgrade

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CoinW has marked its eighth anniversary by reporting more than 15 million registered users, daily trading volumes above $5 billion, and a comprehensive platform upgrade that unifies centralized and on-chain services. Source: CoinW From spot exchange to global ecosystem Founded in 2017, CoinW has grown into one of the world’s largest crypto trading platforms. According to CoinGecko, it ranks among the top four global derivatives exchanges, with cumulative trading volumes in the trillions over its eight-year history. The company said its growth has been driven by a security-first approach and steady product expansion. CoinW’s ecosystem now includes GemW, which offers wallet-free, gas-free on-chain access with copy trading and institutional-grade protections; DeriW, a Layer-3 decentralized perpetuals exchange capable of processing up to 80,000 transactions per second; and PropW, a professional track for qualified traders providing access to capital and profit-sharing ...

Crypto Liquidations Top $400M After Jerome Powell Leaves Rates Unchanged On Inflationary Pressures From Trump Tariffs

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Over $400 million was liquidated from the crypto market in the last 24 hours after US Federal Reserve Chair Jerome Powell opted to keep interest rates unchanged at 4.25-4.5%. According to Powell, there are still inflationary pressures present from the trade tariffs imposed by US President Donald Trump on nations around the world.  “Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen,” Powell said during a press conference. Not all Fed officials agreed with Powell, however, with two officials voting in favor of a rate cut.  Bitcoin And Ethereum Positions Take The Biggest Knock Data from CoinGlass shows 24-hour liquidations soared to over $429 million. Most of these liquidations were long positions, with $327.21 million being wiped out from these trades. Meanwhile, $102.52 million got liquidated from short positions. Crypto market leaders, Bitcoin (BTC) ...

Moscow Exchange Bitcoin Futures Hit 7B Rubles

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Moscow Exchange Bitcoin futures have surged to nearly 7 billion rubles in total trading volume since launch, and this marks a significant milestone for crypto futures in Russia right now. The exchange’s Bitcoin index trading platform currently serves over 10,000 qualified investors, with Russian crypto regulation enabling structured cryptocurrency exposure through the Moscow exchange crypto derivatives market at the time of writing. Bank of Russia crypto regulation announcement – Source: CBR.ru Also Read: Russia Approves Crypto Derivatives for Wealthy Investors Moscow Exchange Crypto Futures Surge Amid Index Launch, New Rules Source: Bloomberg The Moscow Exchange Bitcoin futures contracts, which were launched on June 4, also generated 420 million rubles on their first trading day alone. Managing Director Vladimir Krekoten had this to say: “Since then, the trading volume has amounted to a total of almost 7 billion rubles. Over 10,000 qualified investors have made transa...