Margin trading has always been an advanced trading activity that allowed experienced traders to get more out of their money. It involves users borrowing funds from an exchange or other traders to make potentially bigger profits… or losses. If youre new to the world of crypto trading, then we recommend you to either study the essentials (if you are a…
Senator Rand Paul (R-Ky) believes cryptocurrency may become the reserve currency of the world in the future, according to an interview that aired last weekend. Ive started to question whether or not cryptocurrency could actually become the reserve currency of the world as more and more people lose confidence in government, Paul told Axios. This is not the first time…
The team behind the NEAR Protocol, called the NEAR Collective, has thrown its hat into the ring of the burgeoning decentralized finance (DeFi) space by announcing $800 million in funding for the ecosystems developers and startup grants. NEAR Collective is a globally distributed group of teams and individuals contributing to the research and development of the NEAR protocol. Boosted by…
South Koreas public pension fund, the Korean Teachers Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news agency The Korea Economic Daily…
British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United Kingdoms Financial Conduct Authority (FCA). Crypterium officially announcedon Oct. 25 that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming one of few companies to have passed the registration process. According to data on the…
Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly-launched exchange-traded funds (ETFs) last week, data shows. Figures shared by Grayscale executives among others confirm that GBTC quietly delivered better investor returns since Oct. 19. Grayscale “discount” hits one-month lows While talk continues to revolve around Bitcoin futures ETFs and their market impact, industry stalwart Grayscale is biting…
Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchanges native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock exchange named Boerse Frankfurt Zertifikate…
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the law, these could funds may be retrieved if the account holders’ prove their ownership. Colombian Government Craving…
NFT marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics. SuperRare is a single-edition Ethereum (ETH) NFT marketplace, where collectors can purchase a blockchain deed of ownership for digital items such as memes, videos or artworks. The monthly sales record…
Researchers have found that roughly 11,000 entities are responsible for more than half of Bitcoins on-chain volume. According to a study published by the National Bureau of Economic Research (NBER) on Oct. 21, 11,043 on-chain entities represent 55% of volume on the Bitcoin network. Cryptocurrency exchanges were estimated to account for three-quarters of on-chain volume. The report found that the…
