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Coincheck Exchange Adds Ethereum And Ripple to Its New Over-the-Counter Trading Desk

Japanese cryptocurrency exchange Coincheck has added its first two altcoins to its recently launched over-the-counter (OTC) trading desk, Cointelegraph Japan reported on April 15. Coincheck, which began operating its OTC service with Bitcoin (BTC) at the start of the month, now also offers Ethereum (ETH) and Ripple (XRP), the second and third largest cryptocurrencies by market cap respectively. OTC desks offer specialized services for large-volume traders, allowing them to save on fees and skirt what would otherwise be considerable hurdles purchasing or selling major crypto investments via standard methods. The…

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Bitcoin Storms Back with 75% Gain, Cementing 2018’s Crypto Bottom

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BitMEX CEO Arthur Hayes Reveals Plans to Open Crypto Options Platform

Arthur Hayes, co-founder and CEO of major crypto derivatives exchange BitMEX, has revealed that the firm is hoping to open a cryptocurrency options platform in the medium term. Hayes made his remarks during an interview on the Venture Coinist podcast on April 12. Hayes — a former equities trader for Citigroup — indicated a rough timeline for the prospective launch, stating that: “We hope to possibly have our own options platform in maybe 12 to 18 months.” Hayes hinted at aspirations to innovate options listing, saying “we have somebody working…

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