Report: Arcam Intelligence plans to launch crypto derivatives exchange
Hello hivers good to see you after a long time. My name is lucky ali and let's start today's very important topic. the company behind a parser tool and multi-blockchain monitoring is Arkham Intelligence, which is preparing to launch a cryptocurrency derivatives exchange this will happen next month, according to a person with direct knowledge of the situation and this person spoke to Bloomberg interview. In the short term, Arkham Intelligence gained popularity and won the trust of the users and once any company wins the trust of the users, no one can stop that company from growing this is exactly what is happening with Arkham Intelligence, and one by one they are achieving their goals.
Bloomberg’s Anna revealed This week that Arkham Intelligence company, behind multi-blockchain explorer Arkham Intel, and this group are preparing to launch a cryptocurrency derivatives exchange in November month 2024. this company was Founded in 2020 year, the firm’s explorer has become popular among investigators, blockchain analysts, and journalists because of its comprehensive multi-network coverage.
According to an important source, the startup is moving its headquarters from London and it will be shifted to New York to Punta Cana. Along with Arkham Intel group, the Arkham intelligence company also has a cryptocurrency called ARKM, which currently has a market valuation of $493 million and this is great. based on this data you can calculate the market valuation and also know how popular it is.
If I talk about the current market condition of ARKM then it is down 2.3% today, it has gained 21.2% growth in the last week. The crypto saw a price jump earlier this week and this is because of rumors that emerged of the launch of a potential cryptocurrency derivatives trading platform or exchange. In the last few years, analytics and on-chain data have grown exponentially, with companies such as Dune Analytics, CryptoQuant, Defilema, Nansen, Glassnode, Intotheblock, Artemis Terminal, and others providing valuable insights and data within the cryptocurrency sphere.
Arkham Intel company provides on-chain insights into networks such as Arbitrum, BitcoinBNB Chain, Ethereum, Tron, Optimism, and Polygon. The Arkham intel monitors entities such as exchanges, spot bitcoin exchange-traded funds (ETFs), high network value individuals such as Justin Sun and Vitalik Buterin, and various other cryptocurrency organizations that manage on-chain funds.
Still, this is just a rumor but when it comes to bloomberg sources, we should give importance to this particular update. Now after this rumor news, if you are holding ARKM then it will definitely be beneficial for you. So if you are holding the coin of this project then keep holding on and wait for the better days although this is not financial advice. Please share this post on social media and do a comment below. have a nice day guyss.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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