IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has an annual GDP growth rate of 3% and roughly $144 million in outstanding loans.
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CME Bitcoin Futures Break Open Interest Record — Here’s What it Means
Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets.As noted by institution-focused crypto analysis company Arcane Research on May 7,…
Why is Ethereum (ETH) price down today?
Ether price is down today after enduring a 9% decline in three days, and data suggests that the altcoin is poised for further downside.
Arizona primary involving crypto Super PAC’s $1.3M is a squeaker
The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.
Top 5 Cryptos This Week (Feb 23): XTZ, HEDG, ATOM, MKR, LTC
After numerous big companies exited Facebook’s Libra project and several regulators voiced their concerns, news about the project had taken a back seat. However, this week, the Libra Association announced that E-commerce giant Shopify had joined the network.The Libra Foundation said that Shopify, an online marketplace hosting more than one million merchants, would be an…
DEX volumes pumped over 1,000% in Q3 before October saw the DeFi craze cool
Despite pullback, trading volumes on decentralized exchanges are still significantly higher than Q2. 378 Total views 6 Total shares The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent industry report from TokenInsight.However, October saw figures pull back…
How does quantum computing impact the finance industry?
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ATOM price is reaching for the Cosmos, but why?
As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range. Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough to…
Initiative Including Microsoft, Intel and IBM Introduces Token Standards
The Token Taxonomy Initiative (TTI) has unveiled a framework to standardize the construction of tokens. The initiative has made its Token Taxonomy Framework (TTF) available to the public, according to a press release shared with Cointelegraph on Nov. 4.The platform-neutral framework will purportedly provide a set of definitions for tokens in various implementations.The TTI includes…