Bitfinex users can now paper trade their custom algo strategies
Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital. Crypto exchange Bitfinex has introduced a new feature for its algorithmic trading toolkit, allowing users to test their trading strategies without putting actual funds at risk. Bitfinex users can now deploy Honey Framework in their paper-trading sub-accounts. A paper trade is a simulated trade that allows users to practice buying and selling financial assets without risking real money. Paolo Ardoino, Bitfinex’s CTO, says the paper trading....
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ETHW and ETHS are the two newly introduced chain split tokens that will allow users to trade on the fork event. iFinex, the company responsible for Bitfinex Derivatives, announced on Tuesday the launch of a new service offering available to users before the highly-anticipated Ethereum Merge. The exchange now offers Ethereum Chain Split Tokens (CSTs). Tokens available to users represent the two systems involved in the Merge: ETHW, which is proof-of-work (PoW) and ETHS, which is proof-of-stake (PoS). Bitfinex released the new trading tokens so users would be ableto trade on the potential....
Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains.
Algorand (ALGO)
ALGO was easily one of the biggest gainers during Saturday’s session, as prices rose by as much as 15% on the day.
Following yesterday’s low of $0.63, ALGO/USD rallied to an intraday peak of $0.745 to start the weekend.
The surge saw prices move from long-term support of $0.65, to now hovering....
Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available including token swaps, liquidity provision & staking. According to a team statement, the three “cubes” will be....
After spiking by over 15% in the last week of October 2022, Algorand (ALGO) has started showing signs of a price reversal as we move towards the end of 2022. However, investors are eyeing an investment in a new cryptocurrency altcoin – Dash 2 Trade (D2T). With the instant success of D2T during the ongoing […]
ALGO was up by nearly 20% during today’s trading session, following the news of a partnership with football’s governing body, FIFA. NEAR and AVAX were also higher on Tuesday, with AVAX extending a recent bullish run.
Algorand (ALGO)
ALGO was one of Tuesday’s big gainers, as it was announced that FIFA would be partnering up with Algorand for the upcoming 2022 world cup.
The partnership will also see Algorand serve as an official sponsor for next year’s Women’s World Cup in Australia and New Zealand.
As a result of the....