Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC
Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction
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Crypto makes history in 2021: Five instances of governments embracing digital assets
As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments.In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021 will be remembered for Bitcoin’s historical adoption as legal tender in El Salvador. The world’s…
Is MetaMask withholding customers’ crypto for taxes? No, it’s not
The parent company behind the crypto wallet MetaMask has debunked "inaccurate" rumors that it is collecting tax on crypto transactions. 447 Total views 13 Total shares ConsenSys, the company behind the crypto wallet MetaMask, has hosed down rumors that it collects taxes from cryptocurrency users. The company informed its 270,000 Twitter followers on May 22 that…
Genesis tests end-of-day pricing for institutional crypto futures product
Genesis has introduced a trading method allowing institutional investors to trade Bitcoin futures contracts based on their end-of-day closing price. 925 Total views 10 Total shares Cryptocurrency brokerage firm Genesis Global Capital has announced the completion of a first-of-a-kind trade that will pave the way for new institutional crypto futures products.Genesis has executed the first-ever…
PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
We only need to look to recent history for what this transaction means. 492 Total views 30 Total shares A wallet associated with alleged crypto Ponzi scheme PlusToken has moved 26,316,339 EOS tokens (worth over $67 million as of press time) to an anonymous crypto wallet created less than 24 hours ago. The transaction was…
Ethereum Options Open Interest Soars 315% — Are Institutions Bullish?
Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction.Open interest is the main gauge for derivative contracts activity, and on Ether options it has soared by 315% over the past two months to $158 million.This surge in OI has many retail investors issuing bullish…
Franklin Templeton files S-1 for new crypto index ETF
Issuers are lining up for the next wave of cryptocurrency exchange-trade funds.
Ethical hacker retrieves $5.4M for Curve Finance amid exploit.
Twitter accounts impersonating Curve Finance have also started to promote a fake refund scheme further targeting victims of the hack. 114 Total views 9 Total shares A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve…
Fantom wants to cut token burn rate by 75% to fund dApp rewards program
"Fantom will become the youtube/twitch of blockchain platforms," commented ecosystem architect Andre Cronje. Own this piece of crypto history Collect this article as NFTAccording to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application, or dApp, developers with network gas fees. To fund…