Cryptocurrency News Official TheBitTimes.com

Bybit, the third most visited cryptocurrency exchange, has teamed up with Paradigm, the biggest institutional liquidity network for crypto derivatives traders , to provide a special deal that significantly reduces the fees that both novice and experienced option s traders must pay. In an attempt to improve its products for institutional users, Bybit has partnered with Paradigm in the hopes of luring more professional options traders to its platform, according to the latest information shared with Finbold . Meanwhile, traders can make use of Paradigm’s knowledge in block trading and Bybit’s user-friendly platform. The offer promotes convenience and low prices. To join in, all new users have to do is make one transaction, no matter how little. Options, perpetual contracts, and spot trading are all included in Bybit’s most competitive ‘Pro5’ fee rate until October 11.  If a trader uses Paradigm to transact options with a taker and reaches $10 mi...

Minutes from the Federal Reserve’s June policy-setting meeting have market s in the red as investors speculate how many more rate hikes might be up central banker’s sleeves.  The pace of rate hikes is expected to slow, central bankers said on Wednesday, but hikes nonetheless should be expected.  “Many also noted that, after rapidly tightening the stance of monetary policy last year, the Committee had slowed the pace of tightening and that a further moderation in the pace of policy firming was appropriate in order to provide additional time to observe the effects of cumulative tightening and assess their implications for policy,” the minutes read.  Minutes from last month show that central bankers are still concerned about persistent inflation, and what some traders were hoping would be a conclusion to the recent era of tight monetary policy might simply be a pause. In June, committee members elected to keep rates the same, marking the central bank’s first rate increase pause i...