The opening of the Edx Markets exchange has led to the explosive increase in bitcoin cost – Bits Media

by
Открытие биржи EDX Markets привело к взрывному росту стоимости биткоина - Bits Media

Launch of the EDX MARKETS trading platform, supported by several large financial organizations, Positively reflected in crypto. The cost of bitcoin reached a six -week maximum.

The official launch of the first trading sessions on the site of the new exchange EDX Markets digital assets took place on Tuesday, 20 june. The opening of the EDX was supported by the consortium of large financial institutions as part of Citadel Securities, Fidelity, Charles Schwab, Paradigm, Sequoia Capital и Virtu Financial.

Unlike the practice of existing crypto platforms, such as Coinbase and Binance, EDX Markets should be organized by "Necastodial Model". It means, that the exchange will not hold the digital assets of customers on its balance during trade, and will convey this function to third -party keepers.

“For that, so that the class of digital assets develops, Market players should apply the rules and means of protection of investors, Similar to topics, which exist in the field of traditional finance ", - explains the general director of Edx Markets Jamil Nazarali (Jamil nazarali).

According to Nazarali, Such a model most corresponds to the expectations of regulatory organs: Cryptocurrency exchanges should be separated from the functions of the broker dealer.

Support for cryptorrhniks by large institutional companies, In the compartment with the submission of BlackRock and WisdomTree applications for the launch of Bitcoin's spot exchange funds in the United States, led to the ascending rally first in capitalization of cryptocurrency.

The opening of the Edx Markets exchange has led to the explosive increase in bitcoin cost - Bits Media

As of 14:00 Wednesdays, 21 june, Bitcoin overcame the resistance at $ 28,000 and is traded on the border from $ 28,960 to $ 28 982. Thus, the cost of the VTS reached a six -week maximum. In the weekly observation period, the growth of the asset was about 12%.

Previously co -founder of Microstrategy Michael Saylor (Michael Saylor) stated, that recent measures are the US Security and Exchange Commission (SEC) In relation to crypto -foam, they clearly made the industry understand: She is doomed to be focused on bitcoin.