Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.
Related Posts
Government Bonds: How Blockchain Can Beat the Red Tape
Last week, Austria became the latest government to successfully trial blockchain platforms to issue government bonds. The trial follows in the footsteps of the Australian and Thai governments, both of whom developed blockchain bond issuing platforms earlier this year.Government bonds are debt securities which represent an important way to support government spending and are widely…
Love it or hate it, crypto’s vibe shift is now imminent
Last month, cultural critic Alison P. Davis published an article in The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in pop culture and social trends, particularly in view of…
XRP price could break out as open interest increases
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple.
Institutions are buying Bitcoin like it’s late 2020
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold. 1560 Total views 110 Total shares Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash.Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10,…
Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) is witnessing a see-saw battle near $40,000 with both the bulls and the bears trying to gain the upper hand. The volatility could remain high as the markets await the United States Federal Reserve’s policy decision due on March 16.Analyst Willy Woo suggests that Bitcoin could witness a capitulation event based on a…
Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020
One of the largest Bitcoin purchases in 2020 took more than five days to complete. 2549 Total views 15 Total shares Coinbase, the United States’ largest cryptocurrency exchange, announced that itfacilitated one of the largest institutional Bitcoin (BTC) purchases in 2020.According to an official announcement, Coinbase was selected as the primary execution partner for MicroStrategy’s…
Genesis Partners With Blockchain Security Firm BitGo to Provide Direct Custody Operations
Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16.Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by…
No crypto plans for X: Elon Musk debunks scam token claims
Elon Musk addressed the issue of scam tokens falsely claiming connections to the social media platform. 523 Total views 2 Total shares Elon Musk has stated that his social media platform X (formerly Twitter) has no plans to launch crypto tokens in response to a post regarding questionable X and Twitter-based digital currencies on Saturday,…