Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies

Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments. The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists participating in self-administered web surveys.…

Analysis of recent deposits to the Eth2 contract address reveals the number of individual validators is on the rise. 494 Total views 6 Total shares Seven weeks after the launch of Ethereum 2.0’s beacon chain and 2.25 million ETH has been deposited into the ETH2 contract address, signaling growing confidence in the long-awaited rollout of…

Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital Asset decided to run another round, a Feb. 4 press release read. This second Series C funding attracted investment from Samsung…

The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181.Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in the U.S. dollar market. For…

Bitcoin (BTC) remains on a strong footing after bears failed to capitalize on the rejection near the psychological mark at $50,000. The recent price rise in Bitcoin has not enticed longer-term investors to part with their holdings and Glassnode data shows that the Bitcoin supply held by long-term holders has hit a new all-time high of 12.69…

Bitcoin investors are no longer as buoyant as they were three months ago, judging by the latest readings from the Crypto Fear and Greed Index (CFGI).On Aug. 14, the Bitcoin-only index — which plots investor sentiment on a scale of 1 to 100 (where 1 represents doom and foreboding and 100 indicates blithe optimism and…

Istanbul-based telecommunication services provider Turkcell has introduced a blockchain-based service for ID management, news outlet Daily Sabah reported on Feb. 26.Turkcell reportedly announced its new blockchain product at the technology fair Mobile World Congress (MWC) 2019 on Feb. 25. The ID Management solution is designed to provide users with control over their personal information and…

A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology. The news was reported by local English-language newspaper the Korea Herald on April 7.Notwithstanding the ruling Democratic Party’s broad agenda of deregulation, the lawmakers claim the Moon Jae-in administration is pursuing measures that stifle…