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Rollbit revenues crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – will use to fund RLB purchases daily. Source
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Adam Back has joined a growing roster of market commentators
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Marinade Finance contributors say the new service could appeal to institutional investors. Original Source
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A short squeeze is a rapid move higher driven by bears abandoning their bearish bets. For a short squeeze to occur, the market needs to have a higher-than-usual bearish activity, as is the case in BNB perpetual futures. In such situations, a minor price bump can send bears or short
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The ADP report surprised markets in a big way to the upside, showing 497,000 private-sector jobs added in June, more than double the consensus forecast for 220,000. The data overshadowed a report by the Labor Department that showed modest labor market weakness, with first-time filings for jobless claims rising 248,000
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Ether, the token of the Ethereum blockchain, jumped 61% in the first six months of the year. Traders are now betting the rally could extend in the second half. On Friday, an investor purchased roughly 63,250 "bull call spreads" tied to ether and due for expiry on Dec. 29, according
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Other improvements were the introduction of smaller transaction sizes – which help speed up transactional times – and smart contracts functionality that will allow Bitcoin Cash-based applications to offer recurring payments, derivatives trading, and crowdfunding opportunities, among other uses, to Bitcoin Cash users. Source
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Open interest has surged to $11 billion to its highest level in over a year. Source
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Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic. Hedge fund manager and investor Michael Burry added new positions in several regional banks during the first quarter, regardless of the sector’s gross underperformance. Burry’s increased investment position in the sector contradicts the
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Bitcoin (BTC) stayed choppy at the April 28 Wall Street open while United States macro data conformed to expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPCE offers "nothing to shock"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp.U.S. Personal Consumption Expenditures (PCE) Index data,
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