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Two-thirds of leverage funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.
Bitcoin runs into selling pressure as Wall Street turns risk averse.Leverage funds are most bearish in bitcoin futures since April 2022.Bitcoin (BTC) woke up from its deep slumber early Thursday...
1 year ago
Coinbase approval
Coinbase, a prominent cryptocurrency exchange, has recently received the green light from the National Futures Association (NFA) to extend its services to include investment opportunities in cry...
1 year ago
Shibarium will serve as a technical bedrock underpinning the entire Shiba Inu ecosystem.
Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry&r...
1 year ago
Cryptocurrency custodian fintech Prime Trust has filed for bankruptcy under Chapter 11 in the US.
The company filed a voluntary petition for bankruptcy in the Eighth Judicial District Court of Nevada. Prime Trust has chosen John Guedry, former president of the Bank of Nev...
1 year ago
Dogecoin drama
In the crypto market, two narratives currently dominate: the Dogecoin lawsuit and the rise of DigiToads in the ongoing presale. These can reshape the meme coin landscape and the broade...
1 year ago
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington.
The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launc...
1 year ago
RocketSwap, a decentralized exchange built on the Base Layer 2 network, has been hacked.
The perpetrator made off with 471 ETH ($870,000), according to security firm PeckShield. RocketSwap’s team claimed to have identified the cause of the hack as a series of lapses,...
1 year ago
Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin.
Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin, putting it among the first jurisdictions globally to do so. ...
1 year ago
Ripple’s XRP has been subjected to multiple discussions and its potential price targets during the next bull market are undoubtedly amongst the more exciting.
XRP has been in the news lately after the US Securities and Exchange Commission (SEC) filed an interlocutory brief signaling its intention to appeal a recent ruling by Judge Analisa Torres. ...
1 year ago
The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”
Crypto exchange Binance to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement. The ser...
1 year ago
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