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Coinbase Derivatives Exchange to Offer Institutional Bitcoin (BTC) and Ether (ETH) Futures
The BTI and ETI futures contracts, sized at 1 bitcoin and 10 ether per contract respectively, will be settled in U.S. dollars monthly and let institutional traders hedge market bets, express long-term market views, or utilize the…
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.
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MakerDAO Votes to Ditch $500 Million USDP From DAI Stablecoin Reserve
“While Paxos has raised the possibility of a marketing fee scheme, to date there has not been concrete progress towards implementing this,” per the proposal. “If marketing payments are eventually implemented, Maker would be able to…
For Financial Advisors, Real World Assets Could Be a Safe(r) Path to Crypto
Financial Advisors should consider Real World Assets (RWA) as a way to approach the digital asset sector, minus most of the volatility.
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MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.
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Bitcoin BTC Price Has Reached ‘a General Accumulation Phase’: Analyst
Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed almost entirely unaffected by the…
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.
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Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.
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Litecoin Price (LTC) Starts June Strong as Investors Eye August Halving, Uptick in Activity
Litecoin is a lot cheaper in terms of units compared to bitcoin, which attracts investors looking to position themselves ahead of the halving, according to Charles Storry, head of growth at Phuture, a crypto index platform. “From…
Bitcoin Price (BTC) Begins June Dropping Back Below $27K
Bitcoin and the broad cryptocurrency market sold off for the second consecutive day on Thursday with fears over inflation and continued rate hikes resurfacing. The U.S. House of Representatives passed the debt ceiling deal Wednesday…