30s Summary
Blockchain analysis company, Arkham Intelligence, has initiated a rewards program for its new cryptocurrency derivatives exchange. For the next 30 days, traders dealing with spot crypto or perpetual futures contracts can accumulate points for their trades, which can be exchanged for ARKM, Arkham’s token. Arkham’s exchange combines data analysis with live on-chain audits and proof-of-reserve (PoR). However, this program is not available to those based in the U.S. The cryptocurrency market outlook is positive following Donald Trump’s presidential election victory. Arkham recently garnered $12 million in funding.
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Arkham Intelligence, a company specializing in blockchain analysis, just started a new reward program for their fresh-off-the-press cryptocurrency derivatives exchange. If you’re a trader dealing with spot crypto or perpetual futures contracts, you can start getting points for your trades. And guess what? These points can be swapped for ARKM, Arkham’s own token. Hurry up, though, because this deal only lasts for the next 30 days.
Earlier this month, Arkham introduced their digital assets derivatives exchange. This is going to be a new venue for regular traders and it’s ready to rumble with already established platforms, like Binance. The cool thing about Arkham’s exchange is that it combines their own data analysis and offers live audits on-chain, along with proof-of-reserve (PoR). However, U.S. based folks won’t be able to take advantage of this platform.
By the way, the crypto market is in a jolly good mood after Donald Trump’s victory in the United States presidential election. Crypto forecasters from places like Cointelegraph Research and Bitfinex think this win is going to bring a wave of optimism into crypto markets, together with a softer touch on crypto by federal agencies.
Crypto derivatives are definitely on the up and up, with trading volumes exceeding $3 trillion in just last month. This booming activity is mainly driven by everyday traders. And speaking of booming, in late September, CME’s Bitcoin Friday Futures had their debut and were immediately hailed as the “most successful crypto futures launch ever.”
Arkham is pretty famous for their amazing blockchain transaction tracker, and its ability to pinpoint connections between different crypto wallet addresses. The company recently raised a whooping $12 million from some big names, like OpenAI founder Sam Altman. So, if you’re into crypto trading, you might want to keep an eye on Arkham’s exciting new developments.