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Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally

14.1.2023
Traders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about a year.  According to data by CoinGlass, short traders suffered around $457 million across major...

DMCC Crypto Centre Surpasses 500 member companies in 2022

14.1.2023
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...

The Best 5-Minute Crypto Trading Strategy

14.1.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. If you’ve done any research on low-risk crypto trading or navigating the crypto bear market in the last year or so, you’ll almost certainly have come across the term crypto arbitrage. This refers...

Crypto ETFs Are the Top Fund Performers as New Year Rally Strengthens

14.1.2023
The crypto-focused exchange-traded fund (ETF) market has seen a topside push in 2023 amid a surge in cryptocurrency prices. So far this year, the 14 top-performing ETFs are all tied to digital assets, excluding leveraged products, out of about 2,000 funds tracked by Bloomberg,...

El Salvador Approves Digital Assets Issuance Law

14.1.2023
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib Bukele has in Congress, serves as a base for...

Bill Gates Props Up AI Against Metaverse and Web3 Tech

14.1.2023
Bill Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a set of technologies in development today. Gates stated that AI was “the big” revolutionary technology that is comparable to what the internet was...

Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team

14.1.2023
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange...

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

14.1.2023
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin...

Metamask Launches Ethereum Staking Services via Lido and Rocketpool

14.1.2023
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards...

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