LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day.
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One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets. For many of these projects, they follow a recognizable boom-to-bust cycle and never return to…
Rumors of a new native ‘Twitter Coin’ emerge while Dogecoiners remain hopeful
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CME Bitcoin Futures Record $1.7 Billion High in Notional Value
The Chicago Mercantile Exchange (CME) Group has announced more record-breaking highs for bitcoin (BTC) futures in an official Twitter post on June 28.The futures in question are standardized contracts that bind a party to buying or selling bitcoin at some set time after signing.According to the post, CME Bitcoin futures hit $1.7 billion in notional…
Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications
The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28.The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space. The JVCEA is now expected to develop anti-money-laundering (AML) policy and…
Coinbase to track off-exchange transactions from Dutch customers
Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform. 105 Total views 1 Total shares In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know…
NFTs could mark a resurgence in art galleries
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Korean Bithumb exchange to launch NFT marketplace
Rumors abound that LG subsidiary, LG CNS, is the technical partner helping Bithumb develop its NFT marketplace which is set to be launched at some point in 2022. 256 Total views 3 Total shares South Korean crypto exchange Bithumb is developing an NFT marketplace with “a large company” thought to be LG CNS, a subsidiary…
Democratic challenger to crypto-friendly senator’s seat is interested in space
38-year-old Senate candidate Morgan Harper said she would be "in learning mode" on the crypto space and solicited comments from her followers. 371 Total views 12 Total shares Morgan Harper, a former senior advisor at the Consumer Financial Protection Bureau, is coming out as 'crypto curious' in her race to be the Democratic nominee for…