Cryptocurrency Analysis and News Portal
As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as though online content creator platform Patreon is actively looking
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To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides itself on transparency, data linkage and immutability as some of the main characteristics that lends itself to the
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Institutional investors had FOMO’d into bitcoin with the release of the first Bitcoin ETF. This enthusiasm quickly died down the week following the approval as trade volumes plummeted. The record opening was quickly replaced by lackluster momentum that saw institutional investors pull out of the market, likely owing to the
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Coinbase (COIN) shares have taken a hit after the firm posted a 75% decrease in net income during the third quarter. COIN closed Nov. 9 with a 0.98% gain at a price of $357.39, however the release of the leading U.S. exchange’s Q3 report after market close has coincided with
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Ether’s options market flows appear more bullish than ever, with the cryptocurrency eyeing the psychological level of $5,000.Data tracked by Swiss-based analytics firm Laevitas shows there are currently 1.02 million call option contracts ($4.8 billion) open on the Deribit exchange – perhaps a record figure and twice more than the
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Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84%
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Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more traders are involved. In futures markets, longs and shorts are balanced at all times, but having a larger number of active contracts allows the participation of institutional investors that
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Privacy blockchain project Findora is launching a $100 million ecosystem fund “to accelerate the growth and development” of its community, the company announced on Wednesday.Findora also announced that after more than three months of testing, staking and delegation would be possible on the Findora Mainnet Beta.Findora described the fund as
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“Valve, Web3 games are a fast-moving and exciting category of games that have a place within the Steam ecosystem,” the companies said. “Please consider changing your stance on this issue and permit tokens and, more broadly, the use of blockchain tech on the Steam platform.” Source
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Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end.SOL/USDT 1-day chart. Source: TradingViewInstitutional investor interest is likely a key factor behind
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