Search results for Marex
Crypto
Marex invests in Digital Prime to expand institutional crypto lending
Nasdaq-listed financial services firm Marex Group has invested an undisclosed amount in institutional crypto infrastructure company Digital Prime Technologies, Cointelegraph reported. The investment is part of Marex\'s strategy to expand its institutional digital asset business. The funding will be used to develop Toknet, a digital asset lending and borrowing platform built by Digital Prime with Equilend. Digital Prime said Toknet has secured over $1 billion in lending capacity and more than $1 billion in borrowing demand from launch partners.
Crypto
Bitcoin spot trading volume hits lowest since October 2023, volatility fears grow on thinner liquidity
Bitcoin spot trading volume has fallen below $8 billion, its lowest since October 2023, even as expectations for further price gains rise. Glassnode data showed daily turnover has slid steadily since topping $25 billion in early February. Glassnode warned low volume can coincide with reduced market depth, making prices more sensitive to large orders. Options markets have not fully priced in higher volatility, with BVIV falling below 42 percent.
Crypto
Bitcoin breaks out of range as market watches oil and rate variables
Bitcoin moved above $78,000, breaking out of a range that persisted through March and early April. The move followed a lift in risk appetite after U.S. President Donald Trump said he would extend a ceasefire with Iran, sending stock index futures higher. On-chain data showed exchange-linked bitcoin holdings falling to 2.67 million BTC, a multi-year low. Analysts also pointed to elevated put option pricing and sensitivity to oil and interest-rate expectations.
