Press Release Today TheBitTimes.com

Binance.US has partnered with the payment startup to facilitate dollar transactions for its users. Facing mounting legal and regulatory challenges, Binance.US has sought a new alliance to address the ongoing monetary transaction issues that have plagued its operations. As part of its strategy to restore dollar transactions for its users, Binance.US has entered into a partnership with a payment provider MoonPay. For several weeks, Binance.US users have grappled with issues in both depositing and withdrawing dollars. This setback has been attributed to the severing of relationships with multiple banking associates. Today, we're excited to introduce a new $USD on-ramp! ️ Buy $USDT on https://t.co/AZwoBOgsqS through payment partners like @moonpay, which supports debit & credit card, Apple Pay, and Google Pay. ️ Sell USDT for USD to withdraw via bank transfer. Learn more & get started ️ — Binance.US (@BinanceUS) August 22, 2023 Through the MoonPay integration, Bina...

CME Group announced plans to launch ether and bitcoin ratio futures on July 31, so long as they get regulatory approval .  “Historically, ether and bitcoin have been highly correlated; however, as the two assets have grown over time, market dynamics may affect the performance of one more than the other, creating relative value trading opportunities,” said Giovanni Vicioso, CME Group’s global head of cryptocurrency products, said in a press release. The futures will be cash-settled to the final settlement price of the CME’s ether futures and divided by the final settlement price of its bitcoin futures.  The listing cycle will be the same as CME’s bitcoin and ether futures contracts.  According to Vicioso, this means that “investors will be able to capture ether and bitcoin exposure in a single trade, without needing to take a directional view.”  XBTO’s Paul Eisma, head of options, said that “the launch of ether/bitcoin ratio futures completes the currency triangle allowing...