This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan. Source: https://cointelegraph.com/news/crypto-biz-us-regulators-crack-down-uniswap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Crypto Derivatives Signal ‘Greater Downside’ for Bitcoin and Ethereum: Report
New data from the cryptocurrency derivatives market suggests a growing bearish sentiment among traders, with options activity indicating expectations of further price declines for major digital assets like Bitcoin (BTC) and Ethereum (ETH). A new report from crypto exchange Bybit, developed in collaboration with analytics and research platform Block Scholes, highlights a marked increase in implied volatility levels across various…
Nvidia Stock Volatility Surges Amid AI and Market Concerns
Nvidia Corp. (NASDAQ:NVDA), the leading manufacturer of artificial intelligence chips, has experienced a significant market shake-up in recent weeks. The Nvidia stock volatility has surged, wiping out more than $400 billion in market value, causing ripples across equity benchmarks and sparking investor concerns about the health of the broader U.S. economy. Once hailed as a key player in the AI…
VanEck to shutter Ethereum futures ETF
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs. Source: https://cointelegraph.com/news/van-eck-to-shutter-ethereum-futures-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
One week later: X’s future in Brazil on the line as Supreme Court reviews ban
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns. Source: https://cointelegraph.com/news/brazil-future-with-x-supreme-court-reviews-ban?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Resilient Amid Growing Regulatory Crypto Support
Coinbase Global, Inc. (NASDAQ:COIN) has recently seen a positive shift in its outlook, despite ongoing market challenges. Barclays analyst Benjamin Budish upgraded the stock from “Underweight” to “Equal-Weight,” recognizing the company’s improved position in the rapidly evolving cryptocurrency space. The Coinbase crypto resilience is evident in its ability to adapt to changing regulations and maintain steady revenues, even as the…
Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming
According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually. Source: https://cointelegraph.com/news/atari-founder-partners-skale-labs-gasless-blockchain-gaming?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Rocky Rabbit’ Tips Guide: How to Earn the Most Coins Ahead of the Telegram Game Airdrop
Rocky Rabbit has quickly emerged as one of the hottest Telegram tap-to-earn games on the market, putting a fitness and combat riff on the Hamster Kombat formula while teasing a token launch for late September. With the RabBitcoin (RBTC) token launch set for September 23 on The Open Network (TON) and the airdrop to players expected around the same time,…
MicroStrategy Poised for Growth with Bitcoin and Software Expansion
MicroStrategy Inc. (NASDAQ:MSTR) is positioning itself as a unique investment vehicle for public company investors seeking exposure to Bitcoin. The company’s strategy, which combines a robust software business with significant Bitcoin holdings, has earned it an “Overweight” rating from Barclays analyst Ramsey El-Assal. According to El-Assal, the MicroStrategy Bitcoin exposure is a standout feature that differentiates the company from its…
New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Source: https://cointelegraph.com/news/new-synthetix-app-chain-aims-for-snx-staking-cross-chain-perps?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound