Toncoin open interest surges 32% following Pavel Durov's arrest
Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity with open interest surging 32%.
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Most institutional investors hold or plan to buy cryptocurrencies: Survey
The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some surveyed investors reported over 50% exposure to digital assets, but respondents’ median percentage invested in cryptocurrencies stands at…

Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close
Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. 703 Total views 12 Total shares Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month's $4.2 billion options expiry occurred without any signs of…

US Congress Considers a Draft Bill Claiming Stablecoins Are Securities
United States Congress is considering a draft bill that claims all managed stablecoins must be seen as investment contracts and therefore as securities.Libra in the United StatesThe U.S. Representative for Texas's 29th congressional district, Sylvia Garcia, introduced a draft bill to the House Financial Services Committee on Oct. 18. The draft bill, called the ‘‘Stablecoins…

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules
Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions.The ATO failed to answer direct questions from Cointelegraph on whether staking Ether on Lido or transferring funds via bridges to layer 2 networks are CGT

Binance saw $850M withdrawal prior to CFTC indictment: Data
In twelve hours preceding the indictment, almost $1.5 billion of crypto left several centralized platforms, according to Thanefield Capital. 274 Total views 1 Total shares Own this piece of history Collect this article as an NFTRight before the exchange platform Binance and its CEO Changpeng Zhao have been accused of regulatory violations by the United…

Revolut US to delist ADA, MATIC, and SOL in September
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, while holding and selling remains available until mid-September. Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country.Revolut is preparing to completely delist tokens…

Blockchain, crypto set to take sports industry beyond NFT collectibles
Deloitte expects an eventual rise in blockchain-enabled innovations; as a result, “The use of NFTs, crypto, fan tokens, and ticket innovations will grow and evolve.” 317 Total views 45 Total shares Bitcoin (BTC) has been attributed as the most prominent blockchain use case, showing the technology’s prowess in successfully delivering an immutable and truly decentralized…

Elastic Finance makes its case in the DeFi discussion
Is this new DeFi trend here to stay? 1072 Total views 21 Total shares The DeFi frenzy has been making the headlines in the last few months, as crypto exchanges rush to list popular tokens within the decentralized finance sphere. However, another concept called “Elastic Finance” has emerged, which could be the next generation of…