Crypto leverage has been high across some particular digital assets in the space. Global open Interest in the space still sits at a reasonable point currently, but some assets boast significantly higher open interest to market cap ratios than others. Thus, this report will be examining the leverage for these assets to see which ones …
Continue reading “Highlighting Risk: These Crypto Coins Carry The Most Leverage”
Fear in the crypto market is now the highest it has been in the last six months, suggesting that now may be the time to buy Bitcoin. Crypto Fear And Greed Index Shows Lowest Value In Six Months As per the latest weekly report from Arcane Research, the fear and greed index reached the lowest …
Continue reading “Crypto Fear Reaches Six-Month Peak: Time To Buy Bitcoin?”
All across crypto, fear is in the air. Not only is the market shaken from the recent downtrend, but there’s an extra layer of doom and gloom due to an impending “death cross” in Bitcoin. Learn all about the ominous sounding crossover of two commonly watched moving averages, what the signal could mean, and how …
Continue reading “Bitcoin Death Cross 2022: What You Need To Know About The Deadly Signal”
After a stellar launch, interest has waned in the ProShares Bitcoin Strategy Exchange Traded Fund (BITO) which now has the lowest amount of CME contracts since Nov. 2021. The Bitcoin futures exchange traded fund (ETF) holds a total of 4,904 Chicago Mercantile Exchange (CME) futures contracts, according to the fund’s latest update from Jan. 11. …
Continue reading “Interest wanes in Bitcoin futures ETF’s as contracts fall below 5K”
Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange. FairX is a Designated Contract Market (DCM) derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). Despite being relatively new to the market, having launched in …
Continue reading “Derivatives are coming to Coinbase, following purchase of FairX”
Bitcoin (BTC) has bounced 11% from the $39,650 low made on Jan.10 and currently the price is battling with the $44,000 level. There are multiple explanations for the recent weakness, but none of them seem sufficient enough to justify the 42% correction that took place since the Nov. 10 all-time high at $69,000. At the …
A painful retracement in the Bitcoin (BTC) market earlier this week sent the price below $40,000 for the first time since September 2021. Many analysts predicted the decline to continue toward the $30,000 to $35,000 range, but the price reclaimed $40,000 as support again and on Wednesday BTC made an abrupt move above $44,000. This …
Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto. Sequoia, who led the round, with investment from Sequoia Heritage, Sequoia …
Continue reading “Citadel Securities takes in $1.15B investment from Sequoia and Paradigm”
The non-profit news agency Associated Press (AP) is the latest traditional institution to show interest in non-fungible tokens (NFTs). The AP says that it is unveiling an NFT marketplace that will feature images that the news agency’s photographers have captured for nearly two centuries. The first AP NFTs will be made available at the time …
Continue reading “Media Giant Associated Press Chooses Polygon (MATIC) for New NFT Marketplace”
The International Monetary Fund (IMF) is issuing a warning to investors that a growing link between crypto assets and the stock market may pose a risk to the financial system. In a new report, the IMF says that the rising popularity of digital assets combined with their volatile prices could spell trouble for financial stability …
Continue reading “IMF Says Growing Connection Between Crypto and Traditional Finance Pose New Risks”
VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club. Prospective seafood-restaurant-goers must purchase their membership on the blockchain, sold as a nonfungible token (NFT). Flyfish Club (FFC) is the world’s first member’s only private dining …
Continue reading “NYC restaurant claims it will open for NFT holders only”
Crypto assets within the Cosmos ecosystem have been on a run since the start of 2022, thanks to an intensified focus on brokering cross-chain compatibility with other blockchains. One decentralized finance (DeFi) protocol that has benefited from the current expansion plans is Osmosis (OSMO). Osmosis is the first decentralized exchange (DEX) servicing projects connected through …
Continue reading “The expanding Cosmos: Here’s why Osmosis (OSMO) hit a new all-time high”
It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto. On Jan. 12, 2009, with the Bitcoin (BTC) white paper a mere three months old, Satoshi sent Finney 10 BTC — worth next to nothing at the …
Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation. Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, the Oxford Endowment Fund and …
Continue reading “Checkout.com raises $1B in Series D, bringing valuation to $40B”
Renowned investor Bill Miller says half of his personal net worth is now in Bitcoin (BTC). Miller tells WealthTrack in a new interview that he views BTC as “insurance” against financial catastrophes and government overreach. “I would say that right now it’s best thought of as digital gold. Gold, as people have said, [has been] …
