EUR/USD 1.13432
-0.136%
Gold 3282.57
-0.671%
Oil 62.664
-0.448%
USD/JPY 143.468
-0.124%
GBP/USD 1.33418
0.176%
GBP/JPY 191.414
0.054%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 28, the reporter learned that the China Securities Association is soliciting opinions from the industry on the "Guidelines for the Management of Investment Behavior of Directors, Supervisors, Senior Managers and Securities Practitioners of Securities Companies (Trial) (Draft for Comments)". The comments require that securities companies fully cover personnel management and behavior management, strengthen the management of key position personnel, and require securities companies to optimize resource allocation and strengthen the investment behavior management of key position personnel. By taking measures such as increasing the frequency of declarations, strengthening transaction behavior monitoring, including in the key verification list, and increasing the frequency of inspections, the pertinence and effectiveness of investment behavior management will be improved. It is reported that this move is mainly to prevent practitioners from illegal investment behaviors such as illegal stock trading, insider trading, trading using undisclosed information, market manipulation, conflicts of interest and interest transfer, protect the legitimate rights and interests of investors, and maintain the order of the securities market.According to Hong Kong Stock Exchange documents: SERES Group Co., Ltd. submitted an IPO application to the Hong Kong Stock Exchange.April 28th news: On April 28th local time, Russian President’s Press Secretary Peskov said that there is currently no new call arrangement between Russian President Putin and US President Trump, but emphasized that "if necessary, they can quickly coordinate and organize dialogue."Tesla (TSLA.O) rose 2.4% in premarket trading after closing up 9.8% in the previous session.Russian President Vladimir Putin issued a written statement on the 28th, thanking the North Korean soldiers for assisting the Russian army in retaking Russias Kursk Oblast.

Crypto derivatives volumes surge to $3.12 trillion in July

Skylar Shaw

Aug 12, 2022 14:53

微信截图_20220812144851.png


According to researcher CryptoCompare, trade in cryptocurrency derivatives on centralized exchanges increased to $3.12 trillion in July, up 13% month over month, as cryptocurrency values begin to rebound from the recent market crisis.


According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.


On July 29, derivatives exchanges transacted up to $245 billion, which is 9.7% greater than the $223 billion top daily high for June.


Spot cryptocurrency trade, however, dipped to $1.39 trillion in July, the lowest level since December 2020 and a monthly fall of 1.3%, according to CryptoCompare.


In May and June, the price of cryptocurrencies fell precipitously as investors fled riskier investments due to concerns about soaring inflation and Federal Reserve interest rate rises. Several cryptocurrency organizations have slashed staff after a significant pair of tokens collapsed, and other cryptocurrency lenders have frozen client withdrawals.


With bitcoin rising 17% in July, prices have somewhat recovered. It is still a long way from its record high of $69,000 in November, which it reached at roughly $24,300.


Since there is no U.S. Federal Reserve meeting in August, CryptoCompare said, "the jump in futures trading volume signals an increase in speculative activity as traders feel there is opportunity for more upside in current rally."


According to CryptoCompare, traders are also making predictions on the impending Ethereum merge, which is a network update anticipated for September.


Since its $880 low in June, ether has increased to over $1,900.


According to CryptoCompare, BinanceUSD, a stablecoin released by the cryptocurrency exchange Binance, gained popularity in July as spot volumes for transactions between bitcoin and BinanceUSD for the first time surpassed those between bitcoin and dollars.


With a 54% market share, Binance continued to dominate the exchange landscape, while Atom Asset Exchange (AAX), which saw its volume increase by 26.5% in July, moved into second place.


Trading volumes more than half in the second quarter of 2022, according to a data released on Tuesday by American exchange Coinbase.

Suggestion