Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish
ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000.
Related Posts
Russia: Cargo Shipping Firm to Use Blockchain in Port Logistics
Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11.To develop the blockchain-based solution, dubbed Edge.Port, the firm has partnered with Moscow-based blockchain startup Iconic.The network will reportedly allow participants in port activity to store all necessary documentation…
Pink, Pussy, Venom, Inferno — Drainers coming for a crypto wallet near you
Crypto wallet drainers, or sweepers, are malicious smart contracts that can quickly empty a crypto wallet of its funds and are a standard tool for phishing scammers. Four major crypto drainers have emerged to fill the vacuum left by the notorious wallet sweeper Monkey Drainer, with thousands of victims targeted and millions in crypto stolen…
BitGo to Provide Custody for Crypto Assets Under Bitstamp Management
Digital asset financial services firm BitGo will provide secure storage for crypto assets under management at major cryptocurrency exchange Bitstamp.$100 million insurance policyIn a press release on Oct. 9, the Luxembourg-based cryptocurrency exchange announced that BitGo will offer custodianship of its digital assets. The Bitcoin (BTC) exchange will start transferring assets to BitGo’s wallets on…
Fidelity Investments Seeks Talent for Its Digital Assets Division
American investment management company Fidelity Investments is seeking talent for its digital asset wing, Fidelity Digital Assets, according to the company’s job offer listing.Fidelity is looking for nine professionals in fields ranging from analytics and data engineering to blockchain solutions architecture and blockchain solutions engineering.The company is hiring a Vice President of Solutions Architecture (blockchain,…
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another. 30 Total views 1 Total shares Own this piece of history Collect this article as an NFTShark Tank investor and venture capitalist Kevin O’Leary has urged crypto exchanges to “get on board with…
OpenAI’s Sora text-to-video tool leaked by aggrieved beta testers
A group of artists and early testers leaked access to OpenAI’s unreleased Sora tool, claiming to have been exploited in its research and development phase.
Why billionaires are suddenly accumulating Bitcoin after 113% YTD gain
Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager Stanley Druckenmiller became the latest billionaire to publicly disclose his Bitcoin investment.The performance of Bitcoin since 2015. Source: TradingView.comThere are four main reasons Bitcoin is becoming more compelling to high-net-worth investors. The reasons are Bitcoin’s effectiveness as…
Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst.