Ethereum open interest hits 20-month high — Is this bullish or bearish for ETH?
Ether’s futures open interest jumps to a 20-month high, but leverage demand remains balanced.
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Tata Consultancy Services Powers Blockchain-Based Cross-Border Securities Settlement
Indian IT services company Tata Consultancy Services (TCS) announced on April 10 that it carried out what it defines as the world's first cross-border securities settlement between two central depositories using the Quartz blockchain.The Central Securities Depositories (CSD) involved are reportedly Maroclear, the CSD of Morocco, and Kuwait Clearing Company, the CSD of Kuwait. During…
Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours
Intercontinental Exchange’s (ICE) Bakkt platform has traded 71 Bitcoin (BTC) futures contracts in the first 24 hours following its launch on Sept. 22.According to ICE historical data on Bakkt’s Bitcoin/USD futures contract trading, the platform has traded 71 BTC at press time, with the last recorded trading price settling at $9,875 per Bitcoin.Bakkt Bitcoin (USD)…
USDC trading volume soars 48% in July, driven by MiCA, market growth
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.
How low can Bitcoin price drop if BTC fails to retake $35K soon?
Bitcoin (BTC) has seen a turbulent past few days after Elon Musk showed support for the cryptocurrency amid the GameStop fiasco on the equity markets. However, since that tweet, Bitcoin’s price has been correcting after the entire push through Elon Musk was retraced.Since then, Bitcoin’s price is facing a crucial hurdle at the $35,000–$35,200 area before…
SingularityNET (AGI) rallies 1,000% as industries aim to merge AI with blockchain
The internet has reshaped society over the past 40 years, and experts are predicting that digital technologies and artificial intelligence will continue to transform how humans interact with data for the foreseeable future.One AI-focused cryptocurrency project that has seen tremendous growth since the beginning of 2021 is SingularityNET and its talented humanoid robot named Sophia.AI…
Binance Coin (BNB) market cap passes Santander and UBS — What’s next?
2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%. One of the primary drivers of BNB's growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart Chain (BSC) emerged as an alternative, meeting the rapidly growing decentralized finance (DeFi) sector's demands.…
RSK-based DeFi protocol launches innovative decentralized exchange concept
Money on Chain is taking cues from gold market pricing for its DEX. 2465 Total views 7 Total shares DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book — with a…
LeBron James and Crypto.com team up for blockchain education initiative
The education initiative aims to help 1,600 school children in LeBron James' hometown. But not every Crypto.com user seems to be happy about the partnership. 421 Total views 46 Total shares In a press release published Friday, three-time NBA champion and Los Angeles Lakers forward LeBron James will partner with digital currency exchange Crypto.com to…