Day: November 13, 2023

Coinbase to Start Offering Solana and Avalanche Futures Contracts from November 14

SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14. Coinbase, a leading cryptocurrency exchange, revealed its plan to introduce perpetual futures contracts for two major altcoins, Solana (SOL) and Avalanche (AVAX). The exchange will feature SOL-PERP and AVAX-PERP markets on Coinbase International Exchange and Coinbase Advanced starting November 14, pending favorable liquidity conditions. Perpetual futures, a derivative contract allowing indefinite speculation on asset price movements, offer traders advantages such as arbitrage, leveraging, and hedging opportunities. @CoinbaseIntExch will add support for Solana and…

Animoca Brands Joins Chiliz’s Popular SportsFi Ecosystem

The inclusion of Animoca Brands in this ecosystem solidifies Chiliz’s commitment to being the primary blockchain infrastructure for the sports and entertainment sectors. On November 13, 2023, Chiliz revealed that Animoca Brands has become a validator and key participant on the Chiliz Chain, contributing to the decentralization of the platform’s governance. The Chiliz Chain serves as a catalyst for Web3 projects, particularly those focused on enabling sports brands to engage with and reward their fan bases through blockchain technology. Animoca Brands is a very popular entity well-known for its pioneering…

Spanish regulator signals potential X probe on crypto ads

The National Stock Market Commission (CNMV), Spain’s principal financial regulator, called out the fraudulent crypto assets promos on X (formerly Twitter) and reiterated the obligation of companies to comply with local laws.  On Nov. 8, in a speech at the Deloitte annual conference for the Spanish financial sector in Madrid, the CNMV head, Rodrigo Valbuena, revealed that the ads in question “make illegal use of the image of some Spanish actors and the design and identity of a national media to try to obtain data and money from investors.” Valbuena reminded…

XRP Will Diverge Away From Price Speculation: Crypto Pundit

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In a recent analysis, crypto analyst “Flip The Chain” highlighted insights from Michele Worthington, a project manager and designer for San Francisco’s properties and luxury homes. Worthington’s comments, primarily focused on XRP, present a detailed view of the digital currency’s future beyond mere market speculation. XRP Set To Break Free From Speculative Pricing Worthington’s analysis begins with a clear distinction: “While XRP’s pricing is currently driven by speculation, akin to many other tokens including Bitcoin, it’s poised for a significant shift. As the financial payments sector, historically slow in adopting…

SAG-AFTRA strike ends as AI deal reached, Hollywood still torn

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The Hollywood actors’ union — the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) — concluded its strike on Nov. 9 after 118 days of picketing, with new deals on various proposed stipulations, including artificial intelligence (AI) usage.  Since then, the union has released a summary of its final deal with studios, which included AI guidelines and a digital pamphlet spelling out the agreed-upon AI regulations for the industry. SAG-AFTRA AI guideline digital pamphlet. Source: SAG-AFTRA The AI agreement is expected to come into effect 90 days after the…

Avalanche (AVAX) Rumbles With 45% Rally

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Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours. The AVAX price, which is currently valued at $18.12, exhibits a bullish engulfing candlestick pattern. From an optimistic perspective, the escalating demand has the potential to drive the bullish trend to surpass the $20 threshold. AVAX shows an impressive figure in the weekly timeframe. Source: CoinMarkeCap…