Crypto Exchanges Vie for TradFi Commodities Market, Pricing Gaps Remain
Crypto exchanges are emerging as new TradFi venues for gold and silver, but tokenized commodities adoption remains limited by pricing and liquidity concerns.
Crypto exchanges are emerging as new TradFi venues for gold and silver, but tokenized commodities adoption remains limited by pricing and liquidity concerns.
BitMEX said weekly commodity perpetual swaps volume climbed from $38.1 million to $25 billion in Q1 as traders piled into 24/7 silver, gold and oil contracts.
Bitcoin surged to $90,500 as the Fed’s rate cut decision looms, and a predicted catch-up rally to gold could lead bidders to keep chipping away at the overhead resistance level....
HYPE price is up nearly 60% over the past three days, and there's still more room to run, analysts say.
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