The surge in bitcoin futures open interest, or total number of outstanding derivative contracts, over the past month coincided with the launch of the first bitcoin futures-based exchange-traded fund (ETF) introduced by ProShares, trading under the ticker BITO. “Now, the open interest has declined substantially, particularly when subtracting the BITO contribution,” Arcane wrote in a research report. Original
This week a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solutions to the different demands that exist in the crypto sector. The ongoing Polkadot parachain auctions follow the success of similar auctions on its sister network Kusama, where projects like Moonriver (MOVR) and Karura successfully secure a parachain slot for the next year. Top 5 crowdloans on Kusama by…
Austria’s Federal Ministry of Finance hopes to boost confidence in cryptocurrencies by taxing them like mainstream stock and bond investments, according to a Bloomberg story. Starting next March, Austria will apply a 27.5% capital gains levy on digital currencies, including bitcoin and ether. The initiative will be part of a nationwide tax overhaul. Austria called its model the first of its kind and said streamlining conditions between asset classes would be fairer for investors. “We are taking a step in the direction of equal treatment, to reduce mistrust and prejudice…
As for its outlook, Coinbase said that “while we entered Q3 with softer crypto market conditions, driven by low volatility and declining crypto asset prices, market conditions improved meaningfully later in the quarter which we have continued to see into early Q4.” Source
The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.” Cook’s statements stemmed from an appearance with the New York Times Dealbook’s host Andrew Ross Sorkin. Apple CEO Tim Cook Tells the Press He Owns Crypto and It’s Something Apple Is ‘Looking At’ The cryptocurrency economy has been on a tear and recently captured $3 trillion in value this week as bitcoin (BTC) and a number of other crypto assets…
During a virtual video session at the Bank of Finland Institute for Emerging Economies’ 30th Anniversary Conference, People’s Bank of China governor Gang Yi discussed recent developments regarding the country’s central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Gang specifically addressed the issue of privacy surrounding the Digital Yuan in the following statement, as translated by Cointelegraph: We are taking a high degree of focus on issues surrounding the security of personal information and the digital yuan and have made relevant regulatory and technological adjustments to…
Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday. The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and individuals aligned to utilize blockchain, distributed ledger, or DLT, and other promising digital technology solutions to foster the growth of a climate-focused economy. Hosted by CCC strategic director Miroslav Polzer, the panel of expert representatives, including Denby McDonnell, Tia Kansara and Cointelegraph editor-in-chief, Kristina Cornèr, among others, spoke unequivocally…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Assalam.O.Alikum! Welcome in #Technical_Usman_Malik YouTube Channel. 📌Do For Love…. ⛓️☞ Like ✅ ⛓️☞ Subscribe ✅ ⛓️☞ Bell Notification ✅ ⛓️☞ Comment ✅ 📌Note:……. کیا آپ بھی کریپٹو کرنسی کے بارے میں جاننا چاھتے ہیں؟ اگر آپ كریپٹو ٹریڈنگ سیکھنا چاھتے ہیں اور كریپٹو سگنلز لینا چاھتے ہیں۔ تو آپ ہمارا گروپ جوائن کر کے سیکھ سکتے ہیں۔ اس گروپ میں جوائن ہونے کیلئے آپ کو فیس ادا کرنا ہو گی۔ ابھی ہمارے اس نمبر پر رابطہ کریں۔ 📌☎️ WhatsApp: 03040627454 Insta: Email:…
“I see the Web 3 ecosystem growing alongside streaming services, and eventually becoming more significant to the artists,” Deadmau5 told CoinDesk in a statement. “This new [MODA DAO] world is creating new ways for artists to take ownership of their music, but it will take a while to scare the Spotify and Apple Musics of the world.” Source
The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the possible rollout of a central bank digital currency starting in 2022. In a Tuesday statement, the Bank of England said the digital pound consultation with HM Treasury would consider design features, benefits and implications for users and business, as well as other relevant issues. The results of the 2022 consultation will determine whether U.K. authorities intend to move forward with a central bank digital currency, or CBDC. “If the results of this…