Marvel Entertainment has announced the company is stepping into the realm of non-fungible tokens (NFTs). The wholly-owned subsidiary of The Walt Disney Company and the popular comic book creator explains that Marvel fans will be able to buy “official Marvel NFT digital collectibles, digital comic books and more.” Marvel to Release NFT Digital Comics and …
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One little-known crypto asset is on a parabolic rally, recording new all-time highs despite the prolonged market-wide correction. The altcoin in question, Quant (QNT), rallied to a new all-time high of $104.41 from a seven-day low of $45.23, according to CoinMarketCap. The meteoric ascent represents a surge of 130.84% in just one week. ADVERTISEMENT …
Closely-followed crypto analyst Michaël van de Poppe is updating his outlook on Cardano (ADA) and the rest of the markets at large. In a new strategy session, Van de Poppe says that should Bitcoin start showing new signs of strength, Cardano could be one of the first altcoins to respond to the action. ADVERTISEMENT …
Decentralized finance has become one of the fastest-growing sectors within the cryptocurrency ecosystem over the past year. At the time of writing, the total value locked in DeFi has exploded to over $100 billion. Despite impressive figures, decentralized finance is still in the beginning stages of development, which begs the question: What’s next for this …
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Jack Mallers, the CEO of Bitcoin wallet firm Strike, worked with the El Salvadorian government as an advisor on Bitcoin infrastructure. This entailed living in the country for three months to decide policy on solving “spillover” of monetary expansion and inflation of the dollar and how to deal with financial inclusion in a country where …
The latest crackdown has compelled many bitcoiners to scramble for the exits, leaving their diamond-handed counterparts to issue witticisms that underline the former’s shaky resolve. One Twitter user, for instance, pointed out that many of bitcoin’s critics refuse to buy the asset “because China controls it” – while others sold “because China banned it.” So …
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Over the last seven days, there have been close to 18,000 non-fungible token (NFT) primary sales worth over $12.7 million. This week also saw a great number of non-fungible token (NFT) announcements surrounding big names like DeLorean Motor Company, the renowned NFT artist Beeple, the Grateful Dead’s Jerry Garcia, USA Today and more, as the …
Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities and Exchange Commission (SEC). According to a report citing “people familiar with the matter” the SEC is questioning Robinhood’s cryptocurrency business. SEC Questions Robinhood’s Crypto Dealings, IPO Delayed Robinhood was …
The first Bitcoin ETF in Latin America made its debut yesterday on the Brazil Stock Exchange. Presented by QR Capital, a Brazilian blockchain investment firm, the ETF seeks to simplify Bitcoin exposure for institutions and companies. The ETF was approved by Brazilian regulators and is currently trading with the QBTC11 ticker. Bitcoin ETF Makes It …
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The Financial Action Task Force (FATF) has published the organization’s 12-month review and the research highlights that only 45% of the 128 reporting jurisdictions have complied with AML/CFT policy and FATF recommendations. The annual review stresses that the “lack [of] effective” regulation makes it “challenging for competent authorities to follow the transaction trail, buying more …
Crypto trader and the host of Altcoin Daily, Aaron Arnold, is listing nine crypto assets that he would invest in and hold over the next half a decade. Aaron says that he would allocate half of his portfolio to Bitcoin (BTC) as it is the gold standard for permissionless blockchains. ADVERTISEMENT “My first $500 …
In times like these, when the entire cryptocurrency market is down and there is nary a sector-wide runup to be found, traders have to dig into data to see how the market dynamics may have changed to pinpoint signs of new growth. Stablecoins are the newest trend to emerge in the decentralized finance (DeFi) arena …
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Perpetual contracts, also known as inverse swaps, have an embedded rate usually charged every eight hours. This fee ensures there are no exchange risk imbalances. Even though buyers’ and sellers’ open interest is matched at all times, leverage can vary, and when buyers (longs) are demanding more leverage, the funding rate turns positive. Thus, they …
Continue reading “Crypto traders say negative funding rates are buy signals, but are they?”
The ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission, or SEC, continues with the regulatory body claiming that XRP token holders are targeting its members on social media platforms with allegedly false statements. In a Thursday motion addressed to Judge Sarah Netburn in the Southern District of New York, the SEC …
Bitcoin Price Prediction – June 24 Looking at the daily chart, the Bitcoin price is showing positive signs and it is likely to accelerate further higher in the near term. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $28,000, $26,000, $24,000 BTCUSD – Daily Chart Buy Bitcoin Now …
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