ACDX Rebrands to BBS.exchange to Match up to Crypto Derivatives Evolution
Crypto derivatives exchange ACDX is rebranding to “BBS.exchange”. Same as the exchange’s unique offering, the new name, BBS, also known as Bull Bear Strike Token, is the world’s first crypto structured product. The new image reflects the commitment of the exchange to derivatives innovation, and their mission of bringing more traders into derivatives with simple products. The company’s official announcement reveals that BBS trading has gone live for over a year. It said “it has become our top trading product. BBS has no complex calculations. Unlike futures, it has a clear liquidation level.....
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The Bitcoin market this week has been volatile, shifting a total of $43.39 between this week’s peak of $293 and low of $250. We saw the market retest territory and for a little while it seemed like we would break $300, with volumes exceeding $50,000,000 at some points. The massive fall drop in the bitcoin price — amounting to approximately 15%– may be due to the fact that the Evolution drug market closed after a staffer alleged that admins had scammed its huge user base. Bigger than the original Silk Road or its descendant Silk Road 2, Evolution was able to amass 20,000 drug sales shortly....
Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses. There are various derivatives products that include Swaps, Futures, Forwards, […]
A bitcoin exchange called mcxNOW announced on their website today that they've decided to enter a new phase of development and business evolution. The new team plans to take over the bitcoin exchange, giving it one of the worst rebrands I've ever seen from a bitcoin business, or any business for that matter. Formerly known as mcxNOW, the exchange will now be called mtMOX. Yes, you read that correctly. The bitcoin and altcoin exchange that claims nearly 40,000 members and almost two years of operation plans to choose a new name that's almost identical to the infamous Mt. Gox. For those that....