In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
Malta-based cryptocurrency exchange OKEx has launched a new derivative product, Perpetual Swap, a peer-to-peer, virtual derivative that allows traders to bet on digital assets such as Bitcoin.
The regulated Japanese exchange Bittrade will become part of the Huobi group. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade clients will need to open new accounts, complete KYC verification, and transfer their assets to the new platform.
Last week, the Swiss Six Exchange began trading on the Amun Crypto Basket ETP, an exchange-traded product that represents an investment in a portfolio of the five largest cryptocurrencies. It now has the highest trading volume of any product traded on this exchange.
Nasdaq is now trying to answer all questions from the Commodity Futures Trading Commission in order to launch contracts in the first quarter of 2019.
Popular cryptocurrency exchange OKEx announced that it will delist low-liquidity tokens. The first large batch, more than 50 trading pairs with low trading volumes, was removed from the platform in October last year.
The largest cryptocurrency platform Binance announced the creation of a new platform - a single market for stablecoins. Company representatives have not disclosed any details regarding the new market, but we do know that USDT will be part of this platform.
According to Financial Magnates, the Coincheck exchange told customers that it plans to resume full support for all cryptocurrencies that existed before the hack in January 2018, which cost the company half a billion dollars. Among other things, users can once again deposit, withdraw and sell Ripple's altcoins XRP and Factom (FCT).
Bitfinex, the fifth crypto platform in the CoinMarketCap ranking, without announcing changes, increased the minimum fee for withdrawing fiat funds from $20 to $60.
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