Major derivatives marketplace Chicago Mercantile Exchange Group has expanded its crypto offerings to include a micro Ether futures product. In a Monday announcement, the CME Group said it had launched a micro Ether (ETH) futures contract sized at 0.1 ETH, giving institutional and individual traders another product for Ether exposure. The cash-settled micro ETH derivatives
China has taken several steps to successfully implement its digital Yuan, despite some setbacks in the past. Now, the Beijing Winter Olympics is set to take center stage in February. According to Fan Yifei, a Deputy Governor at the People’s Bank of China (PBOC), infrastructure construction for e-CNY use during the Winter Olympics has entered
Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to
Ethereum boasts of being the home and origin of all big blue-chip NFT collections. Although, this fast-paced industry competitor blockchains like Solana are not far behind. In fact, it has turned out to be a perfect host for NFT collectors and creators alike. The marketplace boasts super-fast transactions and minimal gas fees. According to DappRadar data,
The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300 million crypto owners estimated worldwide.
After an early December recovery window, the bears halted the bullish momentum and altered the trend in their favor. As a result, XRP and Tezos continue to flash slackening signs as they hit their monthly lows on 3 December. MANA finally ended its upswing after an up-channel breakdown over the last week. XRP TradingView, XRP/USDT
Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world’s leading crypto by market capitalization. The ETH/BTC exchange rate jumped a little over 11.50% to hit 0.0835 BTC for the first time since May 2018.
As the American economy grapples with labor and supply shortages, the country’s central bank declared that “the risks of higher inflation have moved up.” And once again, the question of cryptocurrencies such as Bitcoin providing investors with a hedge against rising inflation is up for debate. Speaking at a recent Bloomberg event, Starwood Capital Group’s
Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption. In its initial application, the transfers focused on swaps between the chain’s native assets and tokens, which led later to several decentralized exchanges. While exchange of assets has its utility,
At a time when Bitcoin hit the $47,000-mark due to a broader market sell-off, Bitcoin Cash and Cosmos dived below their long-term supports to poke their multi-month lows. Moreover, SAND witnessed over 20% losses but maintained its long-term uptrend. Bitcoin Cash (BCH) TradingView, BCH/USDT BCH had an impressive run from 30 September until the altcoin
Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come. For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges
China has become the frontrunner when it comes to the global CBDC race. China’s e-CNY is expected to witness a full-fledged launch by February 2022. However, so far, it has already conducted several large-scale trials in its advanced pilot stage. Earlier reports also suggested that PBoC might set up a digital exchange in Beijing. The
Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move ETH/BTC 1-month candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC sitting near three-year highs — but its next move should be even stronger. Ethereum against Bitcoin
While the top coins showed promising revival signs, Dogecoin depicted a sluggish acceleration. Its near-term technicals flashed mixed signs. Besides, Litecoin and CAKE noted gains on their daily charts after bouncing back from their multi-week support points. Litecoin flashed bullish technicals, whereas CAKE exhibited a near-term bearish inclination. Dogecoin (DOGE) Source: TradingView, DOGE/USD DOGE finally
Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary currency.” A Nov. 18 paper by four Australian researchers discusses how the EIP-1559 upgrade makes ETH a potentially better store of value. The research comes was coauthored by Ester
EURST, a fiat-backed stablecoin based on the Ethereum network’s ERC20 token standard, announces today that it is now available for custody in BitGo – BitGo is the leader in custody and security solutions with over $64B in AUC serving over 400 institutional clients and crypto platforms across 50 countries. Starting on 5th November 2021, EURST