Footprint Analytics · 1 hour ago · 6 min read
Why a 6-month-high Bitcoin open interest could spell trouble
IntoTheBlock raise concerns that the funding rate is spiking hard to levels last seen during the most recent crash, in early September. This resulted in the price of Bitcoin suffering a 20% swing to the downside bottoming at $42,800.
Huobi Trust Hong Kong provides safe, secure custody services
Demand for compliant and safe custody services increases as digital asset landscape evolves.
Brazilians bought over $4 billion worth of crypto in 2021
Investors in Brazil traded more Bitcoin than any other crypto when the flagship digital asset touched its ATH of $65,000 in May.
Op-Ed: Can crypto help reduce environmental impact?
Ethereum uses the power equivalent to the nation of Qatar. As the price of cryptocurrency increases, more and more miners may try to mine these currencies. This leads to more energy consumption and a potentially greater environmental impact. But this doesn’t have to be the case.
Per data analytics Flipside Crypto, an arbitrage bot has been able to turn 14 Ether into 218.5 Ether in less than four months.
Crypto fraud in U.K. leads to $200 million losses in 2021, authorities say
A recent report has revealed that crypto investors in the United Kingdom have lost as much as $200 million in this year alone.
Kusama (KSM) council announces early start for next batch of parachain auctions
The motion suggests scheduling one auction per week for the next seven leashes.
This “DeFi 2.0 protocol” to hold its allocation mining event on Launchpool beginning November 8
The crypto meritocracy and seminal DeFi 2.0 experience has partnered with Launchpool for its initial equity offering event.
NYSE Arca files form 19b-4 to convert Grayscale Bitcoin Trust (GBTC) into an ETF
Grayscale's cryptocurrency trusts are currently one of the only regulated ways for institutional investors to bet on crypto. And they could soon become exchange-traded funds.
Valkyrie’s Bitcoin ETF Will Trade Under “BTFD” — here’s why the crypto community is excited
Valkyrie has decided to change its ticker name from $BTF to $BTFD, a move that has garnered immense praise from the crypto twitter community.
Web3 company announces Polygon fund to bolster MATIC ecosystem
The upcoming Polygon Base Camp Accelerator comes after the successful launch of the Polkadot and Filecoin Base Camp accelerators by Outlier Ventures.
President Bukele calls the latest Bitcoin (BTC) protest in El Salvador a failure
Protests in El Salvador turn political as the main opposition party uses the issue as a political football.
Former Congressman says the U.S needs to step up on crypto before its too late
George Nethercutt Jr. says the U.S crypto sector may disappear if Congress doesn't intervene.
Polkadot (DOT) founder announces $774 million development fund for DeFi
Wood invited DOT holders to put forward their suggestions for furthering the network’s growth, offering Polkadot’s treasury funds as an incentive.
Crypto market cap hits an all-time high of $2.5 trillion
The crypto industry market cap has reached a new all-time high of $2.6 trillion.
ATM data shows Salvadorans interest in Bitcoin (BTC) is rising
President Bukele has revealed that El Salvador’s Bitcoin adoption is still growing based on latest data.
$5.2 billion worth of Bitcoin (BTC) paid out in ransomware
Ransomware attackers have gotten as much as over $5 billion BTC in ransom payment per a new FinCEN study.
ProShares Bitcoin ETF confirmed for October 19 launch
The first Bitcoin ETF in the US, Proshares ETF would begin trading tomorrow.
US mortgage lender dumps Bitcoin plans just two months after pilot
The second-largest mortgage lender has scrapped its plan to accept payments in BTC citing regulatory uncertainty in the crypto space.
Institutional Bitcoin exchange Bakkt goes public on the NYSE today
The exchange was one of the first institutional avenues to allow the purchase of spot Bitcoin.
Shiba Inu (SHIB) jumps 7% while Bitcoin, Ethereum trade sideways
Crypto markets remained relatively flat over the weekend after an initial jump last week due to reports of a Bitcoin futures ETF getting approved in the US.
The time has finally come — the United States Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund.
This photographer is celebrating Stephen Hawking by minting an NFT of his most famous photo
Once a little-known electronic phenomenon, NFTs are now breaking into the fine art world.