Ad XRP Perpetual Futures Open Interest (PFOI) has shot up significantly since March 24 to around $610 million at its peak. Open interest refers to the number of open futures contracts traders hold at the end of a trading day. It is commonly used to gauge market sentiment and the strength underlying price moves. Whereas…
Ad Former U.S. President Donald Trump’s NFT collection sales volume rose 461% to $185,783 in the last 24 hours despite a grand jury indictment of March 30. The NFT collection was involved in 183 sales transactions in the last 24 hours, according to CryptoSlam’s data. Meanwhile, OpenSea’s data showed that the digital assets saw 459…
Ad Ripple (XRP) CEO Brad Garlinghouse said the U.S. Security and Exchange Commission (SEC) Chair Gary Gensler behaves like an “autocrat,” urging elected officials to take note of the regulator. Garlinghouse commented on a news report where Gensler said there was no additional need for crypto legislation as existing rules cover the sector. The SEC…
Ad Stacks co-founder Muneeb Ali wants to fund Senator Warren’s political opponents. He encouraged the crypto community to do the same. Senator Warren wants to tackle money laundering The comments came in response to Senator Warren’s plans to build an “Anti-crypto Army” as part of her re-election campaign. Senator Warren has been a pivotal political…
Ad Crypto exchanges Coinbase and Kraken have stated that they plan to continue operating in Canada. Coinbase says it will serve Canadians Coinbase said in a March 30 blog post that Coinbase Canada has signed an enhanced pre-registration undertaking with Canadian securities regulators. The company added that its Canadian presence is part of its international…
Ad U.S. banking giant Citigroup believes that mass adoption is six to eight years away and will be driven by central bank digital currencies (CBDCs) and the tokenization of financial, gaming and real-world assets, according to the lender’s latest blockchain report. Citi compared blockchain innovation to the early days of gas-powered vehicles or digital cameras…
Ad DappRadar’s latest report on the state of DeFi showed that the industry saw a successful quarter, despite the difficulties it faced at the end of 2022. The ongoing bear market only affected the number of active users interacting with DeFi apps. According to the report, the number of daily unique active wallets (dUAWs) decreased…
Ad Binance CEO Changpeng ‘CZ’ Zhao said the inherent transparency of blockchain technology is sufficient evidence to disprove false claims in “traditional media writing.” CZ made the tweet after media reports alleging Binance hid its presence and links to China and did not leave the country in 2017 despite claiming to do so. China allegations…
Ad The U.S. Securities and Exchange Commission (SEC) has charged crypto trading platform Beaxy and its executives — including the founder Artak Hamazaspyan — for failing to register as a national securities exchange. In a March 29 statement, the financial regulator alleged that Hamazaspyan and one of the companies he controlled raised $8 million from…
Ad NEAR has launched a NEAR Community Purpose Trust to accelerate the allocation of funds to grassroots projects and utilize an innovative legal framework based on the Guernsey Special Purpose Trust, a type of trust that separates the legal title to assets from the beneficial interest in those assets. The initiative introduces a unique legal…