Crypto exchanges are becoming a much bigger venues for trading contracts tied to stocks, indexes and commodities, adding fresh evidence that the worlds of digital assets and traditional markets are starting to merge.
Crypto’s Wall Street Moment: Stock & Commodity Trading Explodes to $778 Billion in August
Trading in stock and commodity perpetual futures on crypto exchanges surged to a staggering $778 billion in August, accounting for roughly 23.5% of all perpetual-futures trading. That represents a dramatic rise from just 0.5% previously, highlighting how rapidly crypto platforms are expanding beyond Bitcoin and other digital assets into traditional-market exposure.
The surge signals a growing appetite for 24/7 trading of assets tied to stocks and commodities through crypto infrastructure. The scale of activity suggests that crypto exchanges are increasingly becoming venues for speculation on traditional markets, potentially blurring the line between conventional finance and digital assets.
Crypto firm Trezor said a data breach at one of its shipping providers exposed the personal information of tens of thousands more customers than previously known
Crypto stocks and gold miners sold off after August payrolls blew past estimates.
The jobs beat pushed September Fed hike odds to 60%, sending yields higher and pressuring Bitcoin (bitcoin:native), gold miners ($GDX), Strategy ($MSTR) and Circle ($CRCL).
Crypto is a crazy industry outta nowhere it gives you a chance to change the trajectory of your life and your bloodline
2020/21 DOGE/SHIB
23/24 PEPE/BONK etc
Now $USELEES the narrative of all narrative and gonna be largest then anything we seen since 20/21 cycle
Crypto’s downtrend has reversed. The uptrend is finally starting after a long time — so of course I want more weakness before the real takeoff.
I am in buy mode only now for $COIN $MSTR $HOOD bitcoin:native & $ETH on red days only