Wednesday, December 18, 2024
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Demand for bitcoin options contracts surges as investors seek risk-defined exposure: Glassnode

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts, with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode,

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Crypto.news and PRNEWS.IO partner to expand brand exposure in web3

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PRNEWS.IO, a platform for sponsored content in Europe, is pleased to announce its strategic collaboration with crypto.news, a respected source of information in the crypto and web3 domains. This partnership signifies a significant milestone for PRNEWS.IO

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TrueUSD assures users it has no exposure to troubled Prime Trust

On June 22,  TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is reportedly facing regulatory challenges. Following an order from state financial regulators, the Nevada-based Prime Trust reportedly abruptly halted all fiat and cryptocurrency deposits and withdrawals. Numerous clients now find themselves in a predicament,

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USDT issuer Tether responds to Chinese securities exposure reports

Stablecoin-issuer Tether has published a lengthy response to reports that the reserves of Tether (USDT), one of the largest stablecoins, once included securities issued by Chinese companies. On June 16, mainstream media outlets including Bloomberg reported that the company once used held securities issued by Chinese state-owned firms. Bloomberg cited documents

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MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase

The report says that macro drivers favor MicroStrategy shares in terms of the de-dollarization of the world economy. The German investment bank Berenberg said that investors seeking exposure to cryptocurrencies are better served if they buy the shares of MicroStrategy than those of Coinbase. A Monday report revealed to the media said

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GAO cites exposure to digital assets in exploring collapse of Signature Bank

The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature Bank — and included exposure to deposits from the cryptocurrency industry.In a report released on May 11, the GAO said “poor governance and unsatisfactory risk-management practices” led to

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