‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekOpenSea lays off 20% of its staff, citing ‘crypto winter’Leading NFT marketplace…

The CME Bitcoin futures market overtook Binance Futures to become the second-biggest Bitcoin (BTC) futures exchange by open interest. The data shows that the institutional volume is rapidly gaining a larger share of the cryptocurrency market.On Oct. 10, Skew reported that the CME Bitcoin futures market’s open interest rose sharply by 1,500 contracts. Since then,…

Spanish telecommunications giant Telefonica has reportedly partnered with the local Association of Science and Technology Parks (APTE) to grant access to its blockchain to about 8,000 firms in Spain.According to a report published by telecom news outlet TotalTele on Jan. 9, Telefonica will deploy nodes of its Hyperledger-based blockchain at APTE’s 52 sites.During the three-month-long…

The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto. 317 Total views 15 Total shares The founder and CEO of cryptocurrency exchange FTX, Sam Bankman-Fried has backed the idea of knowledge tests and disclosures to protect retail investors but said it…

An eventful week for Bitcoin this week. It ended down nearly 5 percent but at one point, things were looking much worse. A collapse to $8,900 sparked talk of a three-month correction—which could be exacerbated by the expiration of more than 100,000 Bitcoin options next Friday. So far at least, the correction appears to have largely…

Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits. 111 Total views 1 Total shares Own this piece of history Collect this article as an NFTA California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX.On April 19, United States District Judge…

Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next?With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that could further shape price action this week. DXY descends to familiar lowsNews from the U.S. that mass vaccination against the…

Chainlink’s integration domination continues. Plasm, a smart contract protocol built on Polkadot’s Substrate framework, has integrated Chainlink’s (LINK) price feeds. Interestingly, the oracle project itself will likely soon become a Polkadot parachain.Polkadot has a modular design wherein various parachains serve particular use cases. Its mainnet does not have smart contracts, but Plasm hopes to fill…

Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting. 813 Total views 21 Total shares While the legal status of cryptocurrencies remains undecided in India, companies in the country involved in virtual assets must now report their activities as part of their financial…