Deutsche Börse has launched its cryptocurrency spot trading platform Deutsche Börse Digital Exchange (DBDX). DBDX will provide cryptocurrency trading services to institutional clients. Swiss-based platform Crypto Finance is its payment and storage partner. Deutsche Börse, a leading securities and markets infrastructure provider, announced the launch of its cryptocurrency spot trading platform. in press release Mondays for institutional clients. Deutsche Börse Group said the Deutsche Börse Digital Exchange (DBDX) will target institutional clients and offer a fully regulated trading ecosystem. The settlement and storage of users’ cryptocurrency assets will utilize the services of Crypto Finance, a storage service provider. Initially, access…
Author: Crypto Flexs
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As Bitcoin surges toward an all-time high (ATH) of nearly $70,000, analysts are closely watching Ethereum, the world’s second-largest cryptocurrency, to see how quickly Ethereum will follow suit, with a price of around $5,000 printed in late 2021. Wondering if it will break the ATH record. How will Ethereum react if Bitcoin passes $70,000? Here’s what one analyst posted on Platform highlight This is the difference in the positions of the two coins compared to the last time Bitcoin surpassed its 2017 high of $20,000 in December 2020. At the time, Ethereum was trading at $600, 57% lower than its…
The cryptocurrency enthusiast achieved a massive 11,077x profit, turning his $3,000 investment into approximately $32.8 million in $PEPE tokens. In an encouraging twist of fate for cryptocurrency investors, blockchain analytics platform Lookonchain has reported the surprising success of an early investor in the $PEPE token. This individual’s initial investment of $3,000 skyrocketed to an estimated value of $35.5 million, highlighting the huge profit potential within the volatile cryptocurrency market. Investors initially purchased 4.9 trillion $PEPE tokens at a time when the market was relatively unaware of its potential. His strategic move and diamond hand paid off as he sold 760…
At only nine years old, Aiden is already making waves in academia and the world beyond. This prodigy has attracted the attention of experts in various fields due to his outstanding intelligence and talent. Aiden’s story is not only inspiring, but it also serves as a reminder of the amazing potential that exists in every child. Aiden’s childhood Aiden’s journey began at a young age when his parents noticed his extraordinary abilities. By the age of 3, Aiden could already read at a 5th grade level and solve complex math problems with ease. His parents knew that Aiden was special…
Transaction fees on the Ethereum blockchain have experienced a significant surge over the past 24 hours, coinciding with the price of ETH hitting a two-year high above $3,700.This development comes as the U.S. Securities and Exchange Commission (SEC) is delaying rulings on several pending cash ETH exchange-traded fund (ETF) applications.Ethereum price surge coincides with high network feesOver the past day, the price of ETH has risen about 7% at press time, reaching around $3720, its highest level since early 2022.This surge brings ETH’s overall gain over the past month to over 60%. That’s because the blockchain network reflects a broader…
In accordance with the decision of the Digital Asset Exchange Association (DAXA), Bithumb will end trading support for Orbit Chain (ORC) to protect investors. Trading and withdrawal schedules have been announced. Bithumb, Korea’s leading cryptocurrency exchange, announced that it will end trading support for Orbit Chain (ORC) following the decision of the Digital Asset Exchange Association (DAXA). This is a measure to protect investors, and DAXA may jointly take actions such as urging caution, designating investment warnings/cautions for coins, and terminating trading support. In a notice on this day, Bithumb explained the reason for terminating ORC’s trading support, saying that…
The price of XRP faces uncertainty about its future. This is because when looking at the price charts and on-chain performance, two distinct signals can be observed. Will XRP succumb to the downtrend or move in favor of the uptrend? Ripple price rise proves top market conditions Despite not causing any ripples on the daily charts, the price of XRP rose by more than 30% throughout February. At the time of writing, the altcoin is trading at $0.651, just below the resistance level of $0.652. Altcoins face two natural outcomes: break a resistance level or test it as support. Or,…
A trader’s $310 investment in Solana (SOL)-based memecoin dogwifhat (WIF) is now worth more than $4.1 million, according to cryptocurrency tracker Lookonchain. Look on chain note A trader bought 2.58 million WIF using 5.288 SOL worth $310 in late November. Since then, the value of the WIF has soared 13,307 times. Over the weekend, traders sold 750,000 WIF for 9,363 SOL worth $1.21 million and still own 1.83 million WIF worth $2.91 million. Source: Lookonchain/X WIF is trading at $1.71 at the time of this writing. The 68th-largest cryptocurrency asset by market capitalization is up more than 5% in the…
The massive surge took Bitcoin officially above $69,000, breaking its previous all-time high. This milestone comes as Bitcoin continues its notable rally after a spot Bitcoin exchange-traded fund (ETF) received approval from the U.S. Securities and Exchange Commission, resulting in continued large-scale capital inflows into BTC.official: #bitcoin It broke an all-time high above $69,000. pic.twitter.com/DccMr0Gnc5— Bitcoin Magazine (@BitcoinMagazine) March 5, 2024 The Bitcoin market witnessed a flurry of activity yesterday as BTC surged to new highs as BlackRock’s spot Bitcoin ETF recorded trading volume of over $1 billion for the sixth day in a row. Bitcoin’s previous all-time high of…
Cardano’s price hit a two-year high of $0.78 on March 5, which caused ADA’s weekly gains to exceed Solana’s performance. Cardano and other altcoins have seen declines over the past week, while Bitcoin’s dominance (BTC.D) has fallen. On-chain analysis examines how the rapid growth of Cardano’s DeFi ecosystem could help the ADA price capture more value in the future. ADA price surpassed SOL last week. Bitcoin has dominated most media headlines so far in March 2024. But Bitcoin’s dominance over the past week highlights how investors are starting to diversify their portfolios as BTC prices reach record highs. According to…