Ether (ETH) has been facing a bearish regression channel since Sept. 1, although it is currently battling to break its resistance.But despite some headwinds, ETH bulls will likely profit $115 million on Friday’s weekly Ether options expiry. The 21% pump over the past week was just enough to make the entire $250 million worth of neutral-to-bearish put options worthless.Ether price…
Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million earlier this year. The grants program is designed to support the growth of the Velas ecosystem and expand its capabilities within Web 3.0, a broad umbrella term that describes the next stage in…
We’re thrilled to announce that Kraken now supports Phala (PHA)! Please note that this is the Kusama version of Phala (PHA). Deposits and withdrawals are available starting now Trading will begin at approximately 15:30 UTC on October 8 Clients who contributed to Khala’s Parachain Auction on Kraken will automatically receive PHA rewards in their Kraken account. Get full details on…
Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the sector, the lawmakers also want to charge miners a higher price for the electricity they use. Mazhilis Members Want Miners in Kazakhstan to Register With Government, Pay More for Power…
With the pandemic separating fans from their stadiums and sports clubs from their revenues, fan tokens are now big players in the game, helping teams generate revenue and bringing fans together again.Though stadium seats in some countries have been filled with paper cut-outs of fans to present a well-intentioned yet creepy facade of normality during the pandemic, the distance between…
Stader Labs, a cryptocurrency staking management platform, announced on Thursday a $4 million financing round to accelerate development across multiple blockchains — including Ethereum, Near and Polkadot — as well as broadening its marketing campaigns.The funding raise was conducted by Pantera Capital, with participation from a prominent number of venture capital funds, blockchain foundations and angel investors, including Coinbase Ventures,…
Bitcoin (BTC) took a trip below $54,000 during Oct. 7 as traders waited to see how far a retracement of Wednesday’s $5,000 gains could go.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC flirts with $1-trillion asset supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD looking decidedly less confident Thursday, down 3% while taking aim at $53,000 — and its $1-trillion market…
Public.com, a neo-brokerage outfit based in New York has announced the launch of crypto trading services for its customers.In a statement issued on Thursday, Public revealed that users will be able to trade and store cryptocurrencies on the same app used for managing their stock portfolios.According to the announcement, the new crypto trading feature will be made available to users…
Changelly introduces another token available on the platform — the BTRST token. Users can now easily and quickly exchange BTRST tokens at floating rates. BTRST is the native token of Braintrust, which represents ownership and governance in the Braintrust Network. Braintrust is the first decentralized talent network that connects skilled, vetted knowledge workers with the world’s leading companies. The community…
Bitcoin (BTC) derivatives traders on the Chicago Mercantile Exchange (CME) missed out on incredible profits as BTC’s spot price smashed through $55,000 this week.Retail investors reduced their long exposure across the Bitcoin futures and options markets in late September, according to data shared by Ecoinometrics. The amount of open short positions also climbed, indicating that derivative traders anticipated Bitcoin’s price to…
