Circle’s OTC Crypto Trading Desk Saw $24 Billion in Volume in 2018

Crypto heavyweight Circle stated in a blog post that their OTC (Over-the-counter) business has facilitated over $24 Billion worth of trades. This is a huge number given that OTC trading volumes are not reported publicly and there have been growing discussions about institutional investor activity over crypto OTC desks. Circle Trade has become a core liquidity

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Stablecoin Wars: Poloniex Extends Fee-Free USDC Trading

As we previously reported, Circle’s Poloniex participation in the stablecoin wars is evident in their decision to not charge fees on use of USDC on their platform. For the month of November, trades in USDC were not charged any fees at all. According to an e-mail blast from Poloniex, this amounted to more than $500,000

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Place Your Bets! Bitfinex Opens Pre-Fork Bitcoin Cash Futures Market

Bitfinex has announced a new financial instrument on its platform in response to the upcoming hard fork of the Bitcoin Cash blockchain. Noting a sizable increase in short bets on BCH – traders apparently believing that the split will have a negative impact on the per-coin price of Bitcoin Cash – Bitfinex has created something

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Poloniex Requires 2,000 Confirmations for Bytecoin Transactions

If you want to trade Bytecoin on Poloniex, you’re going to have to wait a significant amount of time, CCN has learned. This reporter decided to enter the BCH pre-fork trading at the exchange and wanted to use his Bytecoin holdings as part of that process. He withdrew them from where they were held and

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Stablecoin Wars: Poloniex Eliminates USDC Trading Fees in Bid to Boost Volume

In case you missed it, Poloniex, one of the major altcoin exchanges, was acquired by Circle in February. Previously, Circle was focused primarily on the major coins versus fiat pairings, but since its acquisition of Poloniex it has had the opportunity to dive into more tokens, and in September it launched its own stablecoin to

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Bitcoin Cash: Pre-Fork Trading Doesn’t Bode Well for Craig Wright’s Camp

Partisans in the looming Bitcoin Cash civil war now have the opportunity to put their money where their mouths are, and that money is quickly piling up on one side of the debate. Poloniex Opens Pre-Fork BCH Market Earlier today, cryptocurrency exchange Poloniex became the first crypto trading platform to allow users to trade coins

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Cryptocurrency Exchange Poloniex to Yank Margin Trading, Lending for U.S. Customers

Poloniex, the exchange Circle has been working to revive since acquiring it in February, announced in a blog that it will eliminate its margin and lending products for U.S. customers by year’s end and delist three altcoins. The company noted it is removing the margin and lending products in the U.S. to ensure the exchange

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Circle’s Poloniex Sees 190% Jump in Crypto Trading Volumes, Overtakes Bittrex

Poloniex, one of the oldest crypto exchanges in the global market, has become a major digital asset trading platform once again after years of stagnation. Until 2015, Poloniex was one of the largest crypto exchanges alongside Coinbase. It was the go-to exchange for traders investing in smaller trading pairs like tokens and alternative cryptocurrencies. But,

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Bitcoin Dark Mysteriously Surges 277% in Suspected Pump and Dump Scheme

Bitcoin Dark (BTCD), a cryptocurrency that planned to compete with Bitcoin and has been around since 2014, has recently seen its price surge from about $20 to a $100 peak in a matter of hours, before correcting to $80 at press time. This means the cryptocurrency is currently up by over 277% in the last

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Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round

Goldman Sachs-backed cryptocurrency exchange Circle now has a new investor to its name, the Chinese crypto mining giant Bitmain. A new investment round led by Bitmain values the exchange at $3 Billion and also includes other notable names like Accel and Blockchain Capital. Along with the new funding round, Circle also announced their plans for

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