Memecoins dominate crypto open interest charts taking 4 out of top 10 spots
Open Interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract.
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Top 5 cryptocurrencies to watch this week: BTC, DOT, SAND, RUNE, ZEC
Bitcoin (BTC) has been relatively calm during the weekend, indicating that traders are playing it safe and not waging large bets before the upcoming Federal Open Market Committee meeting on March 15 and March 16. The quantum of the rate hike could act as the next trigger for the crypto markets.The current neutral setup of…

OpenSea implements a new protocol that ranks NFT rarity
The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. 331 Total views 14 Total shares With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the…

Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources. 65 Total views 2 Total shares Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, a lower…

BitMEX operator hires chief compliance officer amid US criminal charges
The hire comes after BitMEX's founders were charged with failing to prevent money laundering and operating an unregistered trading platform illegally in the United States. 2428 Total views 31 Total shares The operator of crypto derivatives exchange BitMEX, 100x Group, has hired a seasoned Anti-Money Laundering (AML) specialist, Malcolm Wright, as its chief compliance officer.In…

Broccoli and Bitcoin, a holiday love story
From the minds that brought you cheese with holes in it comes this year’s weirdest ad campaign. 1337 Total views 11 Total shares Crypto broker Bitcoin Suisse recently installed a blockchain-related Christmas advertisement in the Zurich Main train station in Zürich, Switzerland. The ad, which is largely indecipherable to non-native speakers, involves a piece of…

Western nations need better public-private cooperation on crypto, says Mohamed El-Erian
The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto. 305 Total views 89 Total shares Mohamed El-Erian, chief economic advisor at Allianz, has called for greater cooperation between western governments and crypto businesses to better leverage the benefits…

Trader builds Bitcoin ‘buy the dip’ bot, outperforms DCA
A Redditor has created an automated dip-buying bot that beats dollar-cost averaging into Bitcoin by roughly 10%. 841 Total views 13 Total shares While a bullish backdrop emerges in February, spare a thought for the traders trying to time the market. One savvy trader by the name of Samjhill on Reddit has built a trading…

HTC Launches Limited Run of Smartphone With Crypto Exchange Binance
Taiwan-based smartphone maker HTC will launch a limited edition of the Exodus 1 featuring services by major global crypto exchange Binance. The Binance Edition Exodus 1 supports the Binance public blockchain, Binance Chain, as well as its decentralized counterpart Binance DEX, the firms announced Nov. 12.Exodus 1’s native crypto wallet is integrated with Binance DEXHTC…