Spot Trading

Cryptocurrency exchanges have seen record volumes, with Binance leading the market with a 49% share. ByBit, Huobi, and OKX have also experienced significant growth, driven by higher cryptocurrency prices and the approval of spot Bitcoin ETFs.

The SEC appears closer to approving a spot Bitcoin ETF, with BlackRock's proposal adjustment and deepened SEC discussions signaling potential progress.

Coinbase Global Inc. has expanded its services internationally by adding spot crypto trading. This move aims to attract global users wary of U.S. regulatory uncertainty, offering new trading options and fostering market growth.

According to the exchange, the feature will be introduced initially for institutional investors and will be gradually made available for retail investors in the upcoming months.

Brief Recap Binance's decision to resume AEUR spot trading comes after a significant price surge and subsequent suspension. The exchange aims to address user concerns through a compensation plan, highlighting the challenges associated with the token's volatility.

Pando Asset AG's recent filing for a spot Bitcoin ETF signals a strategic move in the competitive crypto landscape. The timing aligns with heightened anticipation of SEC approval, as Bitcoin experiences a notable rally. Pando's entry, alongside major players, underscores the evolving dynamics of the crypto market, presenting opportunities amid regulatory and economic uncertainties.

In a series of recent meetings, the SEC engaged with key industry players, including Grayscale and BlackRock, discussing proposed spot Bitcoin ETFs. While detailed talks centered around rule changes and transaction models, the SEC has yet to announce approval for any spot Bitcoin ETF, maintaining a cautious stance.

The focus of the discussion revolved around NYSE Arca, Inc.'s proposed rule change related to listing and trading Grayscale Bitcoin Trust shares under NYSE Arca Rule 8.201-E, as per the memo released by the SEC.

Explore the exciting world of NFTs while arming yourself against prevalent scams. As the popularity of non-fungible tokens (NFTs) skyrockets, so does the risk of falling victim to scams. This article sheds light on five of the most common NFT scams and provides practical tips on safeguarding your investments. From fake NFT marketplaces to phishing attacks and rug pulls, learn how to distinguish between legitimate opportunities and potential pitfalls in the NFT space. Arm yourself with knowledge to make informed decisions and protect your assets in this evolving digital landscape.

Julia Leung, the Chief Executive Officer of the Securities and Futures Commission, revealed that the city is considering allowing ordinary investors to use spot ETFs