Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’

The launch of Badger DAO’s DIGG, a synthetic rebasing asset meant to track the price of Bitcoin, is one of the most eagerly anticipated product releases in recent DeFi memory — but the person most excited to see DIGG hit the market might not be a trader, but instead Badger DAO founder Chris Spadafora himself. According…

Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in the depts of crypto winter and casualties can multiply overnight. 2022 has been a year of never-ending contagion; with everyone focused on Binance, high-profile Bitcoin (BTC) miners were going bust. This…

From dystopian futures to emotionally charged connections, AI-themed movies have a unique way of tapping into our fascination with artificial intelligence. 133 Total views 1 Total shares Artificial intelligence (AI) has long captured our imaginations, inspiring both awe and trepidation about the possibilities it holds for our future. This fascination with AI’s potential has resulted…

The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade.

Chinese Communist Party school publishes a new book on crypto. 1371 Total views 49 Total shares A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency. According to a local blockchain news report on May 19, the Party School of the Central Committee of the Communist Party of China…

Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. Own this piece of history Collect this article as an NFTWhen it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and…

Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency's spot prices has turned into a hotly debated topic among the analysts in the space.Grayscale's premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world's largest digital assets manager that allows institutional investors to…

Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360Mixed signals for Bitcoin priceData from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures.This week produced multiple $10,000 crossings for…

David Hodge is the director of European operations for AEI Consultants, an employee-owned international consulting firm that provides comprehensive services to commercial lenders, property owners, managers, tenants, and developers, industries, institutions, government agencies and insurers, including many Fortune 500 companies. Founded in 1992, AEI is based in the San Francisco Bay area, with offices across…