CME Group, a leading derivatives exchange, has announced plans to roll out Ethereum options contracts. Options and futures are types of derivative products that give traders another way to speculate on a particular asset. Futures contracts force holders to buy or sell an asset on a specific date; options contracts provide the same function but don’t force the holder to…
Month: September 2022
Starbucks announces new NFT experience for coffee members
According to a new post on Monday, Starbucks says it will offer its U.S. members the ability to earn and buy digital collectible stamps in the form of nonfungible tokens, or NFTs. Dubbed “Starbucks Odyssey,” each collectible digital stamp has its ownership verified on the blockchain and will include a point value based on its rarity. As more stamps are…
Crypto Exchange Huobi to Delist 7 Privacy Coins, Citing ‘Latest Financial Regulations’
Crypto exchange Huobi revealed that it had already terminated trading for Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) on September 6. Deposits for each coin will also cease as of September 12, but withdrawals will continue to function. A complete delisting of all of these tokens is slated for September 19. As…
Glimpses of positive momentum in an overall bearish market? Report
Look at different segments of the blockchain industry, they seem to react to events in the broader world. While one segment like nonfungible tokens (NFTs) could experience a sudden rise in interest and investment, other areas like decentralized finance (DeFi) may be slowing or stagnant. It is no different for the month of August, which saw positive signs, such as…
Bitcoin might be down but interest in crypto and NFTs is here to stay: Ledger CEO
The future for crypto remains very bright. That’s according to the CEO of Ledger, Pascal Gauthier who sat down for a tête-à-tête with Cointelegraph in his home country, France. Gauthier, who enters his eighth year working at Ledger, explained that the recent downward price action in Bitcoin has not brought interest in crypto to a standstill: “Bitcoin might be down, but…
Bitcoin hits 3-week high as trader says ‘all signs there’ to short BTC
Bitcoin (BTC) kept grinding higher at the Sep. 12 Wall Street open as traders called for an imminent correction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 proves essential to flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $22,481 on Bitstamp, its highest since Aug. 19. The pair had preserved existing gains over the weekend, with a…
Starbucks Taps Ethereum Scaling Network Polygon for NFT Rewards
In brief Coffee chain Starbucks will launch an NFT platform using Polygon, an Ethereum scaling network. The Starbucks Odyssey program will give away NFT stamps to customers and employees, but also sell limited edition NFTs. Would you like an NFT with your latte? Starbucks today announced that it plans to offer its customers NFT rewards through Polygon, an Ethereum scaling…
Chamber of Digital Commerce says ‘the time has come’ for the SEC to approve a Bitcoin ETF
The crypto advocacy group Chamber of Digital Commerce called on the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds in the interests of United States-based investors. In a Monday report titled ‘The Crypto Conundrum’, the Chamber of Digital Commerce said the U.S. has fallen behind other countries around the world whose residents have access to…
SOL, Near Protocol up by Over 10% to Start the Week – Market Updates Bitcoin News
Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday. Solana (SOL) Solana (SOL) climbed to…
While the banks were closed, Bitcoin reached 5,000 days online
The world’s largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without a hiccup for 13.69 years. In Bitcoin speak, the blockchain has been online, confirming a valid block of transactions every 10 minutes, on average, for 753782 blocks (5,000 days). Plus, 3,464 days have passed since the last…