Is Direxion’s Short Bitcoin Futures Product A Daring Move?
US ETF issuers are looking for new ways to capture the attention of institutions a week after the watershed launch of Bitcoin ETF. Direxion, for one, is offering an ETF…
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Launch Platform CoinList Now Valued at $1.5 Billion Following $100 Million Fundraiser
Crypto exchange and token listing platform CoinList has recently announced the completion of its Series A funding round, which raised $100 million from industry investors. In an official blog post,…
Over $900 Million Liquidated Today as Market Cap Loses $150 Billion
The cryptocurrency market took a hit today as its capitalization lost around $150 billion in the past few hours. This also saw a little over $900 million worth of long…
Coinbase Stock Remains Unfazed Despite Citi’s Bullish Calls
Coinbase stock [COIN] has largely mimicked the price action of the broader cryptocurrency market recently. But the powerful rally may have come to a halt. The shares took a beating…
1inch Price Explodes 90% to New ATH as Upbit Lists 1inch and AAVE
The market may have corrected in the past couple of hours, but 1inch token and AAVE are doing rounds against the tide. The former surged by as much as 96%,…
Adobe and Rarible Partner to Enhance NFT Content Attribution
Adobe – a multinational computer software company – recently partnered with NFT marketplace “Rarible” to support digital provenance. They are kickstarting Adobe’s beta of its new “Content Credentials” feature, which…
Robinhood Cryptocurrency Transaction Revenue Slides Nearly 80% in Q3
The millennial-focused Robinhood trading company has posted its third-quarter revenue report on Oct. 26, and things are not looking pretty on the crypto front. The firm stated that digital asset…
Crypto Exchange FTX Buys Ad for the Super Bowl
FTX, the booming cryptocurrency and crypto derivatives exchange founded by Sam Bankman Fried, recently purchased an ad for next year’s Super Bowl, according to reports. The Super Bowl is the…
DeFi TVL Smashes Past $236B, Biggest Contributors include Ethereum, Fantom, Solana
The Decentralized Finance (DeFi) sector is riding strong in October after a month-long market lull. The latest charts show figures hitting all-time highs with respect to liquidity stored on these…
Tether To Test Notabene’s Travel Rule System to Comply With AML Laws
Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions. Tether to Crack Down…