FTX Launches Uniswap Index Futures to Meet Surging Demand for DeFi Access
FTX said customers are demanding access to DeFi products. Source
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Demand
Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises
Prices for ren, the token for the RenVM DeFi network, surged by more than 100% over the past week. That’s because the total amount of renBTC, a tokenized bitcoin that is locked in RenVM, broke 10,000 on Monday, according to data collected by DeFi Pulse. Source
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Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday. The annualized rolling one-month futures basis shot as high as 28% at the start of the week on the Malta-based cryptocurrency exchange OKEx, the biggest in terms of open interest. That was the
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US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers extended to storing cryptographic keys associated with
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‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Cryptox.trade, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services.Zebpay Sees Huge Demand for OTC Crypto Trading in IndiaZebpay’s OTC desk offers “deeper
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Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher
Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the
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Deribit Options Market Sees Record High Volume as Bitcoin Upside Demand Grows
The structure of the entire cryptocurrency market has been shifting throughout 2020, with traders placing an increased emphasis
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Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011.Gold has risen 22.7% from $1,550 to $1,902 since Tether Gold (XAUT) — a stablecoin allowing ownership of one troy ounce of gold held
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Hackers Demand $7.5 Million in Monero Following Phone Company Hack
Reports have emerged that hackers have demanded $7.5 million in Monero following an attack on Telecom Argentina S.A, a major telecom provider that serves the country’s north region. Anonymous sources claim the cyberattack has been on-going since Wednesday. At first, staff attributed poor IT performance to glitches within the system. But investigations
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Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts
The crypto market might soon see an uptick in legal hiring as it is moving out of regulatory gray zones, according to a recent article from Bloomberg Law.The publication interviewed a number of experts from the industry following the news that Coinbase had tapped former Facebook Vice President and Deputy
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