Former OKEx Exec to Raise $40M for Crypto Derivative Exchange – CoinDesk

Retail investors will soon have access to crypto trading options that were traditionally only available to institutional clients. Andy Cheung, former chief operating officer at OKEx, plans to launch a crypto derivative exchange called ACDX by the end of Q2 2020. The Seychelles-based exchange aims to offer futures, options, callable bull/bear contracts, warrant contracts and […]

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Development Group: Southeast Asian Consumers Too Bullish on Crypto? – CoinDesk

Southeast Asian investors may be too bullish on crypto assets for their own financial good, a new study by the Organisation for Economic Co-operation and Development (OECD) found. The Japanese government-funded report of Vietnamese, Filipino and Malaysian consumer crypto sentiments found that out of 3,006 respondents, 80 percent were aware of cryptocurrencies while 53 percent […]

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Institutional Investors Are Pouring Into Bitcoin Derivatives

Institutional investors are pouring into bitcoin. Trading volume across top U.S.-regulated BTC futures markets is skyrocketing. Retail investors are losing interest in the pioneer cryptocurrency. The massive downturn that the cryptocurrency market experienced over the last week sent retail investors into “extreme fear,” according to the Crypto Fear and Greed Index (CFGI). Even Mark Dow, […]

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