XRP futures open interest drops 37% — Are altcoin traders jumping ship?

In 2018, the world was shocked to learn that British political consulting firm Cambridge Analytica had harvested the personal data of at least 50 million Facebook users without their consent and used it to influence elections in the United States and abroad.An undercover investigation by Channel 4 News resulted in footage of the firm’s then…

As an institutional trader, I learned not to borrow too much in leverage from the exchange I was trading on, and to be right more often than I was wrong.

In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating such resources come paired with a significant business risk:…

Tax day this year, like everything else, is different. The United States Internal Revenue Service has rescheduled it to July 15, but there’s little time left to get your records together and to file. Everyone knows the IRS is pushing hard to scrutinize crypto. A new IRS question appears at the top of Schedule 1…

MicroStrategy’s continuous Bitcoin acquisition has drawn the ire of investment banking giant HSBC. Despite being one of the largest business intelligence firms in the world, HSBC has stated that MicroStrategy is now a “virtual currency product,” a designation akin to the pseudo-Bitcoin exchange-traded fund status attached to the company on account of its sizable Bitcoin…

The Bank of Korea announced on April 6 that it has launched a pilot program to assess the logistics of issuing a central bank digital currency —  or CBDC.While the South Korean central bank has no immediate plans to introduce such a currency, the pilot scheme will ensure that it is prepared to do so…

Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future. 259 Total views 5 Total shares Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter…

The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency. 315 Total views 4 Total shares On Tuesday, OpenSea, the most popular nonfungible tokens, or NFTs, marketplace by trading volume, announced that it was migrating to Seaport. Among many perks, the protocol says it will feature lower gas fees,…

The European elections have formed a new EU Parliament that will rule for the next five years.