Bitcoin derivatives favor bulls but data shows top traders added to their short positions as BTC rallied above $12K. As Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12 when […]
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Bitcoin leaving macro assets behind will be the “biggest story in crypto” if it continues, but there’s more to be bullish about, says Cole Garner. Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says. In a series of tweets on Oct. 21, Cole Garner highlighted […]
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Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms. Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million. […]
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Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion. On Sept. 27, Coinbase CEO Brian Armstrong sought to center his employees’ work around the company’s core mission: “to bring economic freedom to people all over the world.” Armstrong argues for a narrow interpretation of Coinbase’s […]
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Algorand taps Europe as the second region for its blockchain accelerator program after Asia. The Algorand Foundation, the governance and research organization behind major blockchain platform Algorand, is launching a new accelerator program in Europe. Known as “Algorand Europe Accelerator,” the new program intends to support European developers and entrepreneurs looking to build applications on […]
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Cryptoassets typically rally the most over a week rather than the first hour or the first day after a big development, according to new findings from eToro. EToro, the major multi-asset brokerage, released a crypto market quarterly report for Q3 2020. The report, titled “What Moves the Prices of Cryptoassets,” delves into the main factors […]
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More than 180 projects have applied for grants since the $100 million accelerator fund was announced in September. Global cryptocurrency exchange Binance announced funding for six projects building on the firm’s smart chain. In an Oct. 14 statement, Binance stated that blockchain projects AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap and Proxima will receive $350,000 in […]
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DeFi tokens have been around for a few months now — long enough to plot some recurring trends that show some clear patterns. Decentralized exchanges have been around for a while now, but it’s only been since the grip of decentralized finance mania has taken hold that they’ve come into their own. The growth in […]
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In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto. Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that […]
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CoinLinked, the social network platform launched by Wall St. veteran Jenny Q Ta, hopes to raise $5 million in a regulated security token offering. Blockchain-based social network and commerce platform CoinLinked plans to raise $5 million in a regulated security token offering (STO). The California tech company will allow accredited U.S. investors (Reg D) and […]
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