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Crypto
First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops
Good morning, Here’s what’s happening this morning:Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop.Technician’s take: Short-term upside appears to be limited given the loss of positive…
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How cautiously bullish Bitcoin traders use options to maintain BTC exposure
Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at…
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The Bias That Propels Shiba Inu and Dogecoin
Retail traders test out the experience of buying, holding and selling a small amount of cryptocurrency on new platforms by placing different types of orders and seeing how they get filled – or not. While holding $100 worth of bitcoin can be…
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CFTC reportedly investigating decentralized prediction platform Polymarket
New York-based decentralized prediction market Polymarket has come under investigations from the United States Commodity Futures Trading Commission (CFTC).According to an Oct. 23 report from Bloomberg citing anonymous sources, the CFTC is…
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Bitcoin Futures ETFs May Boost Cash and Carry Yields
Assuming Wall Street embraces these ETFs, the futures premium, or the spread between futures prices and spot prices, would rise significantly, boosting yields from cash and carry strategy, which involves buying the asset in the spot market…
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Nuclear engineer sells classified data to undercover FBI agents for crypto
A nuclear engineer and his wife have been arrested in West Virginia on charges of espionage and selling restricted data.The couple sold classified information regarding the designs of nuclear-powered warships to an individual they believed…
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It’s a Multi-Chain World, Bitcoin Just Dominates It
On Tuesday, CoinDesk Research will drop its Quarterly Review for Q3, featuring 60 slides jam-packed with insights, analysis and data. For me, one of the takeaways is that like it or not, we live in a multi-chain world.You’re reading Crypto…
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Circle plans to become a full-reserve national digital currency bank
Goldman Sachs-backed digital payment company Circle has officially disclosed plans to become a full-reserve national digital currency bank in the United States.Announcing the news on Monday, Circle co-founder and CEO Jeremy Allaire noted…
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BTC price sees 6% correction in contrast to booming Bitcoin on-chain data
Bitcoin (BTC) dipped below $39,000 on Aug. 2 in what traders had long predicted would be a necessary reaction to recent gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin needs to hold mid-$30,000 zoneData from…
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Blockchain Australia calls the state for crypto safe harbor
Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government.The association filed a submission to the Senate Select…
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