Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).
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Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.
Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online.
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.
TON’s integration with Telegram has made it easier for users to use crypto to pay for goods and services — without realizing it involves blockchain.
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology.
Bitcoin futures and options markets indicate that the prevailing sentiment remains bullish.
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge.
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover.
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem.
MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.
The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform’s collapse in 2022.
Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible.
Gnosis developers can now outsource their heavy computing to the oracle network while reducing gas fees by up to 90%, spokespeople said.
Circle is adding support to the Solana blockchain, enabling integration across its Web3 features in two phases.