A need for speed? How major traders and venues think about latency in today’s crypto market

The institutional adoption of digital assets in Asia is heating up. South Korea, Hong Kong, Japan and Singapore are all looking for more opportunities in the space, thanks to more regulatory clarity in the region, people told TechCrunch+ during Korea Blockchain Week. After multiple industry-changing events crippled the industry’s advancement last year, like the collapse […]

Market making in digital tokens used to be a font of outsized profitability. The picture today is very different as costs jump and investors avoid a crypto sector Gift this articlescarred by a $2 trillion rout. The price crash led to bankruptcies like that of the FTX exchange, leaving a mountain of coins stranded on […]

The era of US spot Bitcoin exchange-traded funds is a chance to repair the decay in crypto markets caused by the collapse of the FTX exchange and its sister hedge fund Alameda Research, according to market makers. The implosion of the two former linchpins of digital assets in late 2022, after a rout in token […]

The price of bitcoin climbed above $40,000, putting it on course for its highest end-of-day level since April 2022—before a stablecoin crashed and blew up a crypto hedge fund, triggering a market meltdown. The price of ether rose above $2,220, the highest since May 2022. Shares in Coinbase (COIN), the crypto exchange whose stock tends […]

Exchange flows for Bitcoin are at levels not seen since the height of the previous bull cycle, as the impact of exchange-traded funds on market activity continues to churn. Exploding daily volumes can be attributed to “a growing presence of institutional investors and capital flows,” according to a recent analysis by blockchain data analytics platform Glassnode. Bitcoin […]

ORIGINAL ARTICLE: https://www.theblock.co/post/267317/a-need-for-speed-how-major-traders-and-venues-think-about-latency-in-todays-crypto-market QUICK TAKE One Trading, the crypto exchange that emerged as a spin-off from Bitpanda earlier this year, recently unveiled its upgraded platform for crypto traders. Its key selling point? Speed.  On its website, One Trading boasts that it’s the “fastest trading venue in the world.” It had Amazon Web Services test the claim, […]

Bitcoin’s (BTC) market moves this week pushed the asset into fresh local highs as the world’s largest digital asset further cemented its lead against other major blue-chip cryptos. The asset rose above $30,000 early Monday morning before driving higher, blowing past several resistance levels not seen since the collapse of Terra in May of last year. Bitcoin […]