Notable news in the last 24 hours (17/08). BTC: 28,638 USD | ETH: 1,799 USD | Total market cap: 1,107 billion USD.

17 Aug 2023, 04:18
Notable news in the last 24 hours (17/08) BTC: 28,638 USD | ETH: 1,799 USD | Total market cap: 1,107 billion USD 1️⃣ Pro-Bitcoin presidential candidate Javier Milei wins big in Argentina. Javier Milei, a pro-Bitcoin libertarian in Argentina, has received significant support in the country's primaries, promoting Bitcoin as a remedy for inflation in Argentina. 2️⃣ Coinbase is licensed to trade crypto futures in the US. Specifically, the NFA, an organization under the Commodity Futures Trading Commission (CFTC), has allowed Coinbase to operate as a futures trading merchant (FCM). As such, Coinbase became the first crypto exchange to offer leveraged spot and futures trading to US citizens. 3️⃣ Crypto market maker GSR saw a series of senior executives resign. According to information from The Block, GSR a long-standing crypto market maker has undertaken a large-scale reform process, aiming to shrink operations and see the departure of many important personnel. 4️⃣ SEI price unexpectedly spiked on Coinbase. Notably, after SEI was listed and opened for trading, the value of this token has changed on different exchanges since its launch. Specifically, at noon on August 15, the value of SEI on Upbit reached $0.52. Meanwhile, the value of SEI on Binance exchange is 0.23 USD. However, the gap between these two prices has been gradually narrowing. Besides Upbit, SEI prices on Coinbase are also greatly different from other exchanges. Specifically at the time of writing, the SEI price here has risen to almost $1, which is 4 times higher than the SEI price on Binance. According to Jeff Mei, CEO of the BTSE exchange, this happens likely due to market maker activity leading to uneven distribution of liquidity.

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17 Aug 2023, 04:18
Notable news in the last 24 hours (17/08) BTC: 28,638 USD | ETH: 1,799 USD | Total market cap: 1,107 billion USD 1️⃣ Pro-Bitcoin presidential candidate Javier Milei wins big in Argentina. Javier Milei, a pro-Bitcoin libertarian in Argentina, has received significant support in the country's primaries, promoting Bitcoin as a remedy for inflation in Argentina. 2️⃣ Coinbase is licensed to trade crypto futures in the US. Specifically, the NFA, an organization under the Commodity Futures Trading Commission (CFTC), has allowed Coinbase to operate as a futures trading merchant (FCM). As such, Coinbase became the first crypto exchange to offer leveraged spot and futures trading to US citizens. 3️⃣ Crypto market maker GSR saw a series of senior executives resign. According to information from The Block, GSR a long-standing crypto market maker has undertaken a large-scale reform process, aiming to shrink operations and see the departure of many important personnel. 4️⃣ SEI price unexpectedly spiked on Coinbase. Notably, after SEI was listed and opened for trading, the value of this token has changed on different exchanges since its launch. Specifically, at noon on August 15, the value of SEI on Upbit reached $0.52. Meanwhile, the value of SEI on Binance exchange is 0.23 USD. However, the gap between these two prices has been gradually narrowing. Besides Upbit, SEI prices on Coinbase are also greatly different from other exchanges. Specifically at the time of writing, the SEI price here has risen to almost $1, which is 4 times higher than the SEI price on Binance. According to Jeff Mei, CEO of the BTSE exchange, this happens likely due to market maker activity leading to uneven distribution of liquidity.
Notable news in the last 24 hours (17/08). BTC: 28,638 USD | ETH: 1,799 USD | Total market cap: 1,107 billion USD.
Notable news in the last 24 hours (17/08) BTC: 28,638 USD | ETH: 1,799 USD | Total market cap: 1,107 billion USD 1️⃣ Pro-Bitcoin presidential candidate Javier Milei wins big in Argentina. Javier Milei, a pro-Bitcoin libertarian in Argentina, has received significant support in the country's primaries, promoting Bitcoin as a remedy for inflation in Argentina. 2️⃣ Coinbase is licensed to trade crypto futures in the US. Specifically, the NFA, an organization under the Commodity Futures Trading Commission (CFTC), has allowed Coinbase to operate as a futures trading merchant (FCM). As such, Coinbase became the first crypto exchange to offer leveraged spot and futures trading to US citizens. 3️⃣ Crypto market maker GSR saw a series of senior executives resign. According to information from The Block, GSR – a long-standing crypto market maker – has undertaken a large-scale reform process, aiming to shrink operations and see the departure of many important personnel. 4️⃣ SEI price unexpectedly spiked on Coinbase. Notably, after SEI was listed and opened for trading, the value of this token has changed on different exchanges since its launch. Specifically, at noon on August 15, the value of SEI on Upbit reached $0.52. Meanwhile, the value of SEI on Binance exchange is 0.23 USD. However, the gap between these two prices has been gradually narrowing. Besides Upbit, SEI prices on Coinbase are also greatly different from other exchanges. Specifically at the time of writing, the SEI price here has risen to almost $1, which is 4 times higher than the SEI price on Binance. According to Jeff Mei, CEO of the BTSE exchange, this happens likely due to market maker activity leading to uneven distribution of liquidity.