Crypto News

Fantom (FTM) Spikes 13% (Market Watch)

Following several days of impressive price surges and consecutive multi-month highs, bitcoin has calmed slightly but still stands above $60,000. Most altcoins are also untypically stagnant, with the exception of Fantom, which has surged by 13% in a day. BTC Remains Above $60K The primary cryptocurrency had dipped below $54,000 just four days ago before …

Crypto News

Over 160 projects will launch on Terra (LUNA) early next year

Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network. Meanwhile, the true impact of the network’s cardinal upgrade, dubbed Columbus-5, is yet to unravel, as the launch of Inter-Blockchain Communication (IBC) protocol and Wormhole support for Terra approaches. 160 more projects on …

Crypto News

First U.S. Bitcoin Futures ETF Set to Go Live on Monday

Key Takeaways ProShares has submitted a filing to the SEC suggesting that its Bitcoin futures ETF will go live on Monday, Oct. 18. Bloomberg anticipated in an article today that ProShares would be among the first of several futures ETFs to be approved. These funds track the price of Bitcoin futures, not Bitcoin itself, meaning …

Crypto News

Why LUNA cryptocurrency and Terra blockchain is so successful?

Over the last year, the Terra project has enriched its investors’ wallets. Only since the beginning of 2021, LUNA cryptocurrency has risen by over 4,500%. Also, Terra significantly jumped into the top cryptocurrencies by market capitalization list and got its deserved eleventh place. What’s unique about the LUNA token and overall Terra ecosystem? Let’s figure …

Crypto News

Kraken Daily Market Report for October 15 2021

Overview Total spot trading volume at $1.90 billion, the 30-day average rose to $1.23 billion. Total futures notional at $474.2 million. The top traded coins were, respectively, Bitcoin (+7.5%), Tether (0%), Ethereum (+2.0%), Polkadot (+6.4%), and Cardano (+2.1%). Strong returns from Keep (+74%), Orchid (+30%), and Matic (+27%). October 15, 2021  $1.9B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $61660. ↑7.5% $827.4M USDT $0.9998 ↓0.04% $339.6M ETH $3866.9 ↑2.0% $238.4M DOT $43.324 ↑6.4% $112.3M …

Crypto News

UnitedMasters Partners with Coinbase to Pay Music Artists in Crypto

TLDR: Companies partner to transform the business of music, providing artists transparency, equity and control in their earnings We recently announced that we’re making it easy for businesses to pay their employees in cryptocurrency. Today, we’re excited to announce that UnitedMasters is partnering with Coinbase to offer their artists the choice to receive crypto payments for …

NFT

Bitcoin Receives $226 Million Institutional Inflows This Week

Arman Shirinyan While Bitcoin inflows total $225 million, Ethereum and smaller altcoins are losing funds With another positive week for Bitcoin, digital assets-related investment products saw inflows totaling $225 million, which makes it the eighth consecutive week of positive inflows to the market, according to the CoinShares blog. With funds constantly attracting new investment in the cryptocurrency market, the …

Crypto News

Bitfinex and Tether Fined $42.5 Million for Misleading Claims on USDT

The US Commodity Futures Trading Commission (CFTC) announced on Friday that it had filed and settled charges against Tether and Bitfinex, imposing a total civil monetary penalty of $42.5 million. According to the press release,  charges were brought against Tether Holdings Limited, Tether Limited, Tether Operations Limited, and Tether International Limited for their responsibility in …

Crypto News

The Pros and Cons of Decentralized Exchanges for Financial Institutions » CryptoNinjas

Decentralized Exchanges (DEXs) have been one of the main drivers of decentralized finance (DeFi), thus raising considerable interest from institutional investors. But as DEXs strongly differ from traditional trading venues, financial institutions should be aware of the opportunities and risks involved. Decentralized finance (DeFi) is one of the biggest success stories in the digital asset …