The regulator is yet to indicate its ruling on the latest slate of applicants for Bitcoin ETFs. Previous rejections raised concerns about market manipulation and a lack of surveillance-sharing agreements. However, applicants argue that these concerns have been addressed or are no longer relevant after the approval of Bitcoin futures ETFs.
ApeX Protocol, a leading non-custodial derivatives DEX, has announced the beta release of USDT contracts. This marks a significant milestone for ApeX as one of the pioneering DEXs, as it now offers support for both USDC and USDT perpetual contracts.
According to on-chain data, an address associated with the failed crypto lending platform Celsius has transferred millions of dollars worth of Ethereum (ETH) to an exchange. The data obtained from blockchain explorer Etherscan reveals that Celsius moved 5,160 ETH, equivalent to approximately $10.49 million, to the institutional crypto trading platform FalconX.
Imagine meeting with your financial advisor to plan for retirement, and seeing crypto products offered alongside other safe and regulated financial products. You decide to allocate to crypto products — not only as an investment vehicle, but also as a tool to execute tax-loss harvesting. What was once a holy grail in crypto adoption is quickly becoming a reality.
In the world of cryptocurrency, the rally of APT token has drawn comparisons to Aptos, another token that gained significant popularity. This article explores the similarities between the two tokens and highlights the impressive market cap achieved by APT.
As the crypto market continues to evolve and intersect with traditional financial systems, the importance of due diligence practices cannot be overstated.
The co-founders of the crypto analytics firm Glassnode believe that Bitcoin (BTC) and altcoins are preparing for a significant upward movement. In this article, we will explore the key points shared by Glassnode co-founders Jan Happel and Yann Allemann, and discuss the potential implications for the market.
In the world of Web3, decentralization is considered a core value. According to Thomas Hay, the lead product manager for Infura, there are advantages to using a centralized service, such as ease of use and quick setup. However, embracing decentralization opens up a whole new realm of possibilities.
A well-known crypto trader, Bluntz, is predicting that Solana (SOL) will resume its upward movement after a recent retracement. Bluntz, who utilizes the Elliott Wave theory in his technical analysis, believes that SOL could soar by more than 22% from its current value.
In November 2022, SOL prices experienced a significant decline following a CoinDesk report that highlighted potential vulnerabilities in Bankman-Fried's empire. However, sentiment has since improved as the once-crypto titan was imprisoned and found guilty on seven charges.
The OP Stack is a set of software tools developed by OP Labs that enables companies to quickly create their own customized layer-2 networks. Derived from Optimism, the second-largest layer-2 network on Ethereum, OP Stack has been utilized by prominent companies like Coinbase to build their own layer-2 blockchain, Base.
Over the past 30 days, the price of DYDX token has more than doubled as speculators eagerly await its migration from Ethereum to the dYdX chain. However, there is a potential dampening effect on market sentiment due to a large token unlock scheduled in just over two weeks.
Billionaire venture capitalist Chamath Palihapitiya believes that the markets are poised for a strong rally as a significant amount of capital seeks new investment opportunities.
Futures contracts are financial agreements that require a buyer to pay for and a seller to deliver a specific asset at a predetermined future date. These contracts are commonly used in financial markets to speculate on the price movements of various assets.
Large liquidations in the cryptocurrency market can often indicate the local top or bottom of a steep price move. These liquidations occur when a significant number of traders are forced to sell their positions due to margin calls or other factors. As a result, the market experiences a sudden influx of selling pressure, which can lead to a sharp decline in prices.
In a recent interview, Widmann, an industry expert, discussed the increasing prominence of derivatives in spot settlement. This development has been driven by the need to establish standards in the marketplace as more firms, particularly institutional players, enter the scene.