Ethereum short positions surge 500% as hedge funds bet on decline
Ethereum may also lack fundamental blockchain activity for an Ether price recovery, analysts told Cointelegraph.
Related Posts


Wirex partners with 1inch to enable wallet-based token swaps
The partnership will allow Wirex community members to swap their tokens through an API provided by 1inch Network. 134 Total views 17 Total shares Non-custodial wallet platform Wirex has partnered with 1inch Network to use its aggregation API to power token swaps. Through the partnership, users of the Wirex wallet will be able to exchange…

US needs ‘Manhattan Project-like’ AI plan to vie with China, says gov commission
Among specific recommendations, the USCC wants the US Secretary of Defense to mark AI projects with the highest national priority designation.

El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. 6265 Total views 7 Total shares Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s…

How will NFTs bridge traditional gaming with blockchain? Enjin’s CTO Witek Radomski explains
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski. 219 Total views 17 Total shares When it comes to nonfungible tokens, or NFTs, the subject is often a hit or miss for traditional gamers. While some players welcome the idea of being able to trade in-game digital collectibles for…

Bitcoin FOMO is gone, portfolio managers are taking BTC seriously — 3iQ CEO
In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada's advanced regulation for crypto trading is drawing investors to the digital assets market. As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a "serious venue" to invest in,…

Lost keys have already cost billions of dollars, many more at risk — Polygon exec
Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security. 253 Total views 17 Total shares While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2…

South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume
Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019.Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 million) worth of crypto has been completed on Luno’s South African platform on a daily basis in the…

NFT whale Flying Falcon sponsors 50 Axie Infinity gamers
Profits generated through the sponsorship program will be distributed among the gaming guild’s members. 883 Total views 10 Total shares NFT gamers can now receive a scholarship through a new program that has been backed by some of the industry’s biggest investors.Pseudonymous digital landowner and crypto whale, “Flying Falcon,” has been the first to contribute…