
Bitcoin SMASHES Through $30,000 As Institutional Excitement Returns
The Breakdown
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The SEC DDoSes Bitcoin ETF Applications
EDX, a new exchange backed by Tradfi giants including Citadel Securities and Fidelity Investments, has gone live nine months after it was first announced. EDX says its approach draws on best practices from Tradfi exchanges and differs in a few ways from most crypto exchanges. The exchange is non-custodial, meaning it doesn't directly handle customer funds. Instead, the exchange maintains the order books, and then settlement of trades is conducted between parties.
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