CFTC clears 'second hurdle' for spot Bitcoin ETF options
ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.”
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Kusama network set to launch next five parachain auctions
Kusama is a platform which acts as a test-environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial and error nature of Kusama, developers can benefit from a less stringent governance framework, as…

Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets
Ethereum’s native token, Ether (ETH), plunged sharply hours after the United States Federal Reserve released the minutes of its December meeting, showing that it eyes a faster timetable for hiking interest rates in 2022.The minutes showed that the Federal Open Market Committee (FOMC) is in favor of raising short-term rates “sooner or at a faster pace than…

Binance Freezes Funds Stolen From Upbit in Late 2019
Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. 2696 Total views 56 Total shares An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world's biggest exchange immediately froze these funds on its platform,…

Ethereum open interest hits new all-time high — Will ETH price follow?
Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21.

Ethereum still not ready for DeFi, say some critics
Ethereum needs to fix its problems. 581 Total views 15 Total shares As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy.Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto trading platform Morpher, told Cointelegraph that although Ethereum is the “best thing [the…

Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi
In times like these, when the entire cryptocurrency market is down and there is nary a sector-wide runup to be found, traders have to dig into data to see how the market dynamics may have changed to pinpoint signs of new growth. Stablecoins are the newest trend to emerge in the decentralized finance (DeFi) arena due…

BitGo CEO argues WBTC security is unchanged amid concerns
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.

Portsmouth embraces Bitcoin payments for city bills
The mayor reportedly said the City Hall had learned more about cryptocurrencies and blockchain and how to utilize them for improved city services. 146 Total views 30 Total shares In an effort to embrace virtual money, the city of Portsmouth, New Hampshire, will allow residents to pay their bills in Bitcoin (BTC) and other cryptocurrencies.…