Bitfinex Bitcoin long positions reach $5.1B — Is someone buying or hedging?

Chamath Palihapitiya, CEO of VC firm Social Capital, has proposed that bitcoin (BTC) is the single best hedge against the traditional financial system. During a panel on the CNBC show Squawk Box on July 9, Chamath — a stakeholder and board member of the Golden State Warriors NBA Team, and an early Facebook executive to boot…

With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.

Bitcoin finally reclaims a price level not seen since before March’s major price crash, cementing its pre-halving bull run. 2848 Total views 53 Total shares Bitcoin (BTC) price finally hit $8,000 on April 29 as a solid week of gains continued to buoy markets.Cryptocurrency market daily overview. Source: Coin360BTC price returns to $8,000Data from Cointelegraph…

Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012. 2607 Total views 18 Total shares Ripple’s Chief Technology Officer, David Schwartz, has revealed that he and his wife decided to make a “derisking plan” for their crypto investments…

CoinDCX's Series C funding was led by B Capital Group, a VC from Facebook co-founder Eduardo Saverin. 158 Total views 100 Total shares Mumbai-based crypto exchange CoinDCX has raised $90 million in a Series C funding, becoming the first crypto business in India to reach unicorn status. According to the announcement, the funding round was led…

Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, it is a sign that traders are looking to buy the…

Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper. Decentralized autonomous organizations (DAOs) need a comprehensive regulatory framework if they are to make a place in the future of the financial sector, suggests the European Central Bank (ECB) occasional

Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual. In a blog post published Thursday afternoon, Bitmex lashed out at charges that the Commodity Futures Trading Commission and Department of Justice filed against the exchange and its management earlier today.Bitmex's statement claimed that "From our early days as…

In 2021, the Australian branch of the Red Cross received $90 million to aid the victims of the bushfires that plagued various regions of New South Wales and Victoria. However, the organization soon came under fire for its lack of transparency when it revealed that it would only distribute around one-third of the intended funds on