Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'
27.4.2022
A short squeeze occurs where an unexpected rise in the asset's price has bears unwinding their positions
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability
27.4.2022
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind...
Dogecoin, Terra Fall Steepest Among Majors as ‘Long’ Traders Lose $280M
27.4.2022
Crypto markets lost some 3.5% in capitalization over the past 24 hours but seemed to gradually recover in European morning hours on Wednesday
Bitcoin (BTC) Tanks After News of Musk’s Twitter Acquisition!
27.4.2022
Despite maintaining its position as the top blockchain contender for 2022, Bitcoin has a lot of upcoming challenges on its way. Elon Musk is a popular name that can disrupt or create a shortage of tokens based on his perception of cryptocurrencies and their technologies. The day news broke out...
21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge
27.4.2022
Launched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch
Polygon’s Records Six-Fold Growth in dApps Since Last October
27.4.2022
Polygon, the layer-2 scaling solution for Ethereum, has been making some big moves in the industry lately. As the various arms of the blockchain constantly bring in new projects, Polygon has reached a new milestone with the dApps. Reportedly, the number of dApps on Polygon has reached 19,000 in...
Bybit adds crypto options trading as part of expansion plans
27.4.2022
The function enables users to speculate on future prices of cryptos and settle their trades using USDC
American Borrowers Can Now Use Crypto Mortgages to Buy Home
27.4.2022
USDC.homes, a new decentralized finance (DeFi) project, is offering US homebuyers DeFi mortgages, enabling users to purchase homes using crypto without having to first liquidate it.
The project currently allows Texas residents to secure crypto mortgages but plans to expand its offering...
Cuban central bank makes it official: VASP licensing coming in May
27.4.2022
The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16
Optimism Moves Toward Decentralized Governance Structure With OP Token Launch
27.4.2022
Ethereum (ETH) Layer 2 (L2) scaling solution Optimism has announced the launch of its OP token that would further help the initiative move toward a decentralized governance structure known as the Optimism Collective.
Optimism Collective is a bicameral governance system built to push the...
Net Profit for XTB Rises in the First Quarter Of 2022
27.4.2022
XTB published its financial performance for the first quarter of 2022, where it revealed a gain of 183.7% in its net profit to touch the mark of PLN 252.6 million. Operating income for the firm also surged by 135.6% on a year-to-year basis, and the figure for the same stands at PLN 439.8 million....
SupraOracles Enters Solana’s Urban Racer Metaverse
27.4.2022
On April 26, SupraOracles announced a strategic relationship with the Urban Racer metaverse from Solana. The collaboration will bring necessary resources for the mass adoption of this exciting racing game. In addition, the teams will work towards making their NFT marketplace stronger. Urban Racer...