“Market-making activities are standard in both traditional finance and crypto, such as Citadel Securities or those on FTX performed by Alamada Research, a business owned by FTX’s founder Sam Bankman-Fried. They ensure liquidity and directly support a healthy, vibrant, and efficient marketplace to the benefit of end-users,” a Binance spokesperson told CoinDesk in response to the report. Source
On Tuesday, nonfungible token, or NFT, platform OpenSea launched a server on Metalink to give the verified owners of its collections a direct channel for support, feedback and updates. In addition, OpenSea said it would no longer offer customer support over Discord DMs. Metalink is a collaboration app for NFT communities that offers users a place to view their collection’s value and monitor its associated real-time transaction feed. In addition, channels hosted on Metalink are token-gated, meaning that proof of ownership of an NFT or social token is required to…
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financing rules is also broadened to cover crowdfunding platforms and “all forms of transactions, including digital assets such as cryptocurrencies.” Canadian Government Invokes Emergencies Act Canadian Prime Minister Justin Trudeau announced Monday that “the federal government has invoked the Emergencies Act to supplement provincial and territorial capacity to address the blockades and occupations.” This rarely-used act, which Trudeau is the first prime…
On-chain data shows the Bitcoin leverage ratio has gone down recently as market de-risks amid macro uncertainties. Bitcoin Leverage Ratio Sharply Falls Down Over The Past Week According to the latest weekly report from Glassnode, the BTC futures open interest leverage ratio has decreased in the last week as investors de-risk their holdings. The “futures open interest leverage ratio” is an indicator that’s defined as the ratio between the market open contract value and the total market cap of Bitcoin. In simpler terms, what this metric tells us is the…
The RSI on the weekly chart continues to rise from the most oversold level since March 2020, which preceded a strong price rally. Momentum signals are also improving on the weekly chart, which is constructive so long as support above $30,000-$40,000 holds. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ▶ This Video : Bitcoin Mining with CMD Prompt | Internet Cafe Simulator 2 | #04 | in Telugu 👉 Facebook : 👈 ✅ Join to Become a member of Hi5 GAMER ✅ 🤖 DIscord Link : 🤖 💖 Follow Me On Social Media 💖 👉 Facebook : 👉 Twitter : 👉Instagram : ❤Like Share and Subscribe❤ ▶ Watch Dogs 2 Playlist : ▶ Raji Playlist : 🖥 My PC Specs 🖥 Monitor : HP 24m 3WL47AA Motherboard : GIGABYTE B450 AORUS…
While initial reports suggested there was a server breach at BitGo at the time, the company said it found no evidence of such. Further, Bitfinex held two of the keys. The precise details of the hack itself seem to still be unclear. Worth noting: Federal officials are not charging either defendant with the hack itself, a stance prosecutors reiterated during a pretrial detention hearing on Monday. Source
Silvergate Capital (SI) is still planning on a full 2022 launch of its stablecoin but will first focus on regulatory clearance, and then a pilot program, said Chief Strategy Officer Ben Reynolds, speaking at the Canaccord Genuity Digital Assets Symposium. Source
Web 3 Data Union Swash is aiming to kickstart its eponymous DAO and boost uptake of its native $SWASH token, commencing this month. The DAO Ignition campaign will get rolling on February 15, giving participants the opportunity to influence the direction of the game-changing data ownership platform moving forward. That’s not the only incentive, though: there will also be a grand prize up for grabs, with Swash adding $20 to the growing prize pool for every person that participates, until it reaches a maximum cap of $300K. Should that cap…
GALA was one of Tuesday’s big gainers, as cryptocurrency markets were once again trending upwards. Overall, the cryptocurrency market capitalization is around 4% higher as of writing. Biggest gainers On Tuesday, crypto markets were green across the board, as traders once again re-entered the marketplace following the uncertainty caused by the tensions between Russia and Ukraine. Gala (GALA) was one of these bulls, climbing by as much as 16% earlier in the session, however it was qtum (QTUM) which led today’s gainers. QTUM/USD, which was trading at a low of…