#trading

The Indonesian government has reiterated the necessity for cryptocurrency exchanges to register with the Commodity Futures Exchange (CFX), a national trading platform established in 2023. Exchanges that fail to register will be compelled to cease their operations in Indonesia.

The Grayscale Bitcoin Trust (GBTC) is presently trading at about an 11% discount below the net asset value (NAV) of the trust, though it recently dipped to nearly 8%.

Yesterday, December 21st, BlackRock, the investment company, was among those attending a meeting with the U.S. Securities and Exchange Commission (SEC). The discussion centered on the regulations for listing and trading the iShares Bitcoin Trust, a spot Bitcoin ETF.

Friend.Tech, the platform for trading keys (akin to shares) of social network X accounts, has announced the launch of its new version. The announcement, set to the tunes of K-Pop group NewsJeans, indicates that the release is slated for Spring 2024

The excnhage is extending its offering of spot crypto trading on its international exchange as part of its global expansion strategy.

The total NFT trading volume for November 2023 witnessed a substantial 125% increase from the previous month, almost touching the $1 billion threshold. This spike is attributed to a significant jump in the average transaction value, which escalated by 114% to $270.

The platform will offer zero trading fees and a unique feature where customers receive a percentage of their monthly trading volume in Bitcoin.

Gate users are raising concerns about suspected artificial inflation of trading data, pointing to irregular spikes in volume over the last week. For instance, on December 5, the total trading volume reportedly skyrocketed to nearly $4 billion, a stark contrast to other days where it seldom exceeded $1.5 billion.