Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.
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New ‘inverse’ Bitcoin ETF now lets investors short BTC price
The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive. 6196 Total views 28 Total shares Bitcoin (BTC) investors in Canada have two more outlets for BTC exposure this week — and can now even bet on a price crash.In a press release on April 14, Horizons…
India’s Web3 dominance fueled by 1K startups, global investments, dev talent
India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives.
Blockchain-based fantasy soccer game Sorare signs on Paris Saint-Germain
PSG players Neymar and Kylian Mbappé, as well as club veterans like David Beckham, will be issued as collectible digital player cards on blockchain platform Sorare. 1280 Total views 18 Total shares French soccer club Paris Saint-Germain hasn’t dropped the blockchain baton just yet, with the club now set to issue player collectibles as rare…
MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries
The report concentrates on real-world research from low- and middle-income countries and untangles questions of inclusiveness, trust and functionality. 84 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) and associated organizations marshaled a sizable team of researchers in…
Illusion or reality? Crypto demand either faltering or poised to charge
BlackRock is the world’s largest asset manager, so when its CEO, Larry Fink, remarked recently that he was seeing “very little in terms of investor demand” with regard to crypto and Bitcoin (BTC) based on “my last two weeks of business travel,” it set off some alarm bells.A lively Twitter discussion followed one commentator’s remarks…
Cryptocurrency Price Correlations in Bitcoin, Dollar Flipped in 2018, Binance Finds
Price correlations among major cryptocurrencies increased against the U.S. dollar (USD) but fell in Bitcoin (BTC) terms, a new report from cryptocurrency exchange Binance revealed on March 20.Part of an investigation into price trends within crypto markets since 2017, Binance found that behavior among assets is diverging depending on whether returns are denominated in USD…
Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.
Justin Sun denies liquidation rumors amid market turmoil
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.