‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
Nassim Nicholas Taleb says gold still stands apart as a store of value.
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Crypto Markets Slump Following SEC Bitcoin ETF Delay
After solid growth to break above the $7,000 mark earlier today, Bitcoin (BTC) saw a loss of around $500 in six hours. At press time, all of the top ten cryptocurrencies other than Tether (USDT) are in the red, according to Coin360. Market visualization from Coin360 BTC is trading around $6,598 at press time, dropping…
XRP futures open interest reaches $1.2 billion record
XRP price's journey to $1 this year has been nothing short of spectacular, considering the ongoing Securities and Exchange Commission's lawsuit against Ripple initiated in December 2020. The regulator alleges that XRP was a $1.3 billion unregistered securities offering and both CEO Brad Garlinghouse and co-founder Christian Larsen are also in the crosshairs.On April 6, Ripple Labs was…
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps, finally showed a glimmer of recovery in August as the daily average of unique active wallets rose by 3.7% compared to May.With just under a week…
New Platform Helps Developers Tokenize Their Games on Ethereum
A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community. Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on the Ethereum mainnet.Platforms such as Enjin’s consider that the blockchain can and should be used for purposes beyond currency and value transfer. Commodities…
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Trial of former BitMEX executives set for next March
18 months after charges were filed, BitMEX executives will head to trial. 799 Total views 13 Total shares The money laundering trial for the former executives of U.S. cryptocurrency exchange BitMEX has been scheduled for March 28, 2022.On May 11, New York District Judge John Koeltl set the trial date for former BitMEX executives CEO…
Driving liquidity and efficiency: The essential role of crypto market makers
As the cryptocurrency market continues to mature, the importance of market makers in maintaining liquidity and stability has grown respectively. Similar to the worldwide trend of increased regulation, market makers are acquiring prominence in the evolving cryptocurrency landscape.By partnering with exchanges, such as Binance, Coinbase, KuCoin and others, market makers try to reduce spreads in…
KuCoin crypto exchange debuts USDT-dominated NFT ETF
KuCoin's new investment product aims to increase the liquidity of and access to leading nonfungible token collections such as BAYC. 293 Total views 30 Total shares Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC).KuCoin’s NFT ETF Trading Zone went live…