News
- Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
- Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
- Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.
Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.
To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.
Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.
By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.
Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.
Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.
“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.
“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”
The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.
As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.
With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For media inquiries, please contact: [email protected]
For more information, please visit: https://phemex.com/
Media contact Oyku Yavuz PR Lead [email protected]
The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.
- Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
- Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
- Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.
Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.
To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.
Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.
By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.
Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.
Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.
“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.
“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”
The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.
As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.
With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For media inquiries, please contact: [email protected]
For more information, please visit: https://phemex.com/
Media contact Oyku Yavuz PR Lead [email protected]
The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.
- Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
- Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
- Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.
Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.
To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.
Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.
By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.
Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.
Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.
“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.
“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”
The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.
As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.
With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For media inquiries, please contact: [email protected]
For more information, please visit: https://phemex.com/
Media contact Oyku Yavuz PR Lead [email protected]
The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.
- Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering.
- Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
- Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Apia, Samoa, February 9, 2025 — Phemex, a user-first crypto exchange, announced the launch of Phemex TradFi, a new futures trading offering that allows users to access traditional financial assets, including stocks and precious metals, on a 24/7 basis.
Futures linked to commodities, foreign exchange, and global indices will be introduced in subsequent phases.
The launch marks Phemex’s entry into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets within a single, USDT-settled futures framework.
To support early adoption, Phemex is introducing a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees, starting from February 6, on stock futures alongside a $100,000 incentive pool aimed at structured and risk-aware participation, and a first-trade protection mechanism that reimburses eligible users with trading bonus if their initial TradFi futures trade results in a loss.
Unlike spot markets that are constrained by exchange hours, TradFi futures continue price discovery outside standard trading sessions.
By bringing this derivative structure into a crypto-native environment, Phemex allows users to respond to global macro events as they unfold, whether during nights, weekends, or market closures—without switching platforms or settlement systems.
Phemex TradFi is designed for traders seeking simplicity and continuity across markets.
Users can trade crypto and traditional futures side by side, benefit from transparent maker-taker pricing rather than spread-based execution, and apply strategy-driven tools to manage risk more systematically.
Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional markets.
“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them” commented Federico Variola, CEO of Phemex.
“Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today.”
The introduction of TradFi futures signals Phemex’s evolution from a crypto-native exchange into a broader derivatives platform built for always-on global markets.
As additional asset classes roll out, Phemex aims to offer traders a more integrated, resilient, and forward-looking way to navigate both digital and traditional finance.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation.
With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For media inquiries, please contact: [email protected]
For more information, please visit: https://phemex.com/
Media contact Oyku Yavuz PR Lead [email protected]
The post Phemex introduces 24/7 TradFi futures trading with 0-Fee Carnival, creating an all-in-one trading hub appeared first on CoinJournal.
Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC.
- Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.
- Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.
- The key support around $75 is critical to prevent further decline.
Solana (SOL) has been under intense pressure in recent weeks.
The altcoin currently trades around $83, down nearly 39% over the past month.
This decline comes amid broader weakness in the crypto market and low retail engagement.
Technical analysis shows that SOL’s weekly Relative Strength Index (RSI) is deeply oversold.
Some are suggesting that the token may have reached a “final dip,” referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.
Solana price technical analysis
From a technical standpoint, Solana’s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.
But despite this high activity, the token is trading well below key moving averages.
The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.
Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.
In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.
This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.
Market sentiment shows a muted retail engagement
Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.
Derivatives funding rates are also negative, suggesting bias toward short positions.
Solana ETFs have also recorded outflows, reinforcing weak institutional participation.
Analysts note that these factors add to the bearish pressure on the token.
Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.
Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.
On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.
Long-term Solana market analysis
Long-term forecasts for Solana remain mixed.
Some analysts foresee recovery toward the mid-$100s if support holds and broader market conditions improve.
Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.
For now, the focus remains on short-term price stability.
Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.
SOL’s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.
As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.
The post Solana price near key $75 support as RSI oversold signals potential bounce appeared first on CoinJournal.
- Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.
- Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.
- The key support around $75 is critical to prevent further decline.
Solana (SOL) has been under intense pressure in recent weeks.
The altcoin currently trades around $83, down nearly 39% over the past month.
This decline comes amid broader weakness in the crypto market and low retail engagement.
Technical analysis shows that SOL’s weekly Relative Strength Index (RSI) is deeply oversold.
Some are suggesting that the token may have reached a “final dip,” referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.
Solana price technical analysis
From a technical standpoint, Solana’s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.
But despite this high activity, the token is trading well below key moving averages.
The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.
Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.
In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.
This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.
Market sentiment shows a muted retail engagement
Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.
Derivatives funding rates are also negative, suggesting bias toward short positions.
Solana ETFs have also recorded outflows, reinforcing weak institutional participation.
Analysts note that these factors add to the bearish pressure on the token.
Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.
Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.
On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.
Long-term Solana market analysis
Long-term forecasts for Solana remain mixed.
Some analysts foresee recovery toward the mid-$100s if support holds and broader market conditions improve.
Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.
For now, the focus remains on short-term price stability.
Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.
SOL’s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.
As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.
The post Solana price near key $75 support as RSI oversold signals potential bounce appeared first on CoinJournal.
- Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.
- Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.
- The key support around $75 is critical to prevent further decline.
Solana (SOL) has been under intense pressure in recent weeks.
The altcoin currently trades around $83, down nearly 39% over the past month.
This decline comes amid broader weakness in the crypto market and low retail engagement.
Technical analysis shows that SOL’s weekly Relative Strength Index (RSI) is deeply oversold.
Some are suggesting that the token may have reached a “final dip,” referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.
Solana price technical analysis
From a technical standpoint, Solana’s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.
But despite this high activity, the token is trading well below key moving averages.
The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.
Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.
In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.
This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.
Market sentiment shows a muted retail engagement
Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.
Derivatives funding rates are also negative, suggesting bias toward short positions.
Solana ETFs have also recorded outflows, reinforcing weak institutional participation.
Analysts note that these factors add to the bearish pressure on the token.
Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.
Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.
On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.
Long-term Solana market analysis
Long-term forecasts for Solana remain mixed.
Some analysts foresee recovery toward the mid-$100s if support holds and broader market conditions improve.
Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.
For now, the focus remains on short-term price stability.
Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.
SOL’s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.
As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.
The post Solana price near key $75 support as RSI oversold signals potential bounce appeared first on CoinJournal.
- Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.
- Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.
- The key support around $75 is critical to prevent further decline.
Solana (SOL) has been under intense pressure in recent weeks.
The altcoin currently trades around $83, down nearly 39% over the past month.
This decline comes amid broader weakness in the crypto market and low retail engagement.
Technical analysis shows that SOL’s weekly Relative Strength Index (RSI) is deeply oversold.
Some are suggesting that the token may have reached a “final dip,” referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.
Solana price technical analysis
From a technical standpoint, Solana’s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.
But despite this high activity, the token is trading well below key moving averages.
The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.
Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.
In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.
This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.
Market sentiment shows a muted retail engagement
Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.
Derivatives funding rates are also negative, suggesting bias toward short positions.
Solana ETFs have also recorded outflows, reinforcing weak institutional participation.
Analysts note that these factors add to the bearish pressure on the token.
Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.
Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.
On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.
Long-term Solana market analysis
Long-term forecasts for Solana remain mixed.
Some analysts foresee recovery toward the mid-$100s if support holds and broader market conditions improve.
Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.
For now, the focus remains on short-term price stability.
Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.
SOL’s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.
As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.
The post Solana price near key $75 support as RSI oversold signals potential bounce appeared first on CoinJournal.
- Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.
- Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.
- The key support around $75 is critical to prevent further decline.
Solana (SOL) has been under intense pressure in recent weeks.
The altcoin currently trades around $83, down nearly 39% over the past month.
This decline comes amid broader weakness in the crypto market and low retail engagement.
Technical analysis shows that SOL’s weekly Relative Strength Index (RSI) is deeply oversold.
Some are suggesting that the token may have reached a “final dip,” referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.
Solana price technical analysis
From a technical standpoint, Solana’s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.
But despite this high activity, the token is trading well below key moving averages.
The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.
Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.
In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.
This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.
Market sentiment shows a muted retail engagement
Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.
Derivatives funding rates are also negative, suggesting bias toward short positions.
Solana ETFs have also recorded outflows, reinforcing weak institutional participation.
Analysts note that these factors add to the bearish pressure on the token.
Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.
Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.
On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.
Long-term Solana market analysis
Long-term forecasts for Solana remain mixed.
Some analysts foresee recovery toward the mid-$100s if support holds and broader market conditions improve.
Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.
For now, the focus remains on short-term price stability.
Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.
SOL’s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.
As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.
The post Solana price near key $75 support as RSI oversold signals potential bounce appeared first on CoinJournal.