Coinbase, one of the world’s biggest and most regulated crypto exchanges that went public earlier this year, will soon offer futures and derivatives trading as it looks to bump up its overall product offering. “Today, Coinbase filed an application with the NFA to register as an FCM → Futures Commission Merchant. This is the next…
Input Output Global (IOG) CEO Charles Hoskinson won a $50,000 bet, with Polymarket, on Cardano launching smart contracts on time. The proceeds will go to a charity of Hoskinson’s choice. So since @PolymarketHQ lost, they have to donate $50,000 to the charity of my choice. I thought about it and found a small one with…
Crypto community spends $1 million to revive Elon Musk-inspired token Floki Inu Earlier this week, CryptoSlate reported that Floki Inu (FLOKI), a new dog-themed token inspired by Elon Musk, “pulled the rug” from under its users not once but twice in just a few days. 4 min read →
Bitcoin, the world’s largest cryptocurrency by market cap, tumbled below the $45,000 price level this morning, leading to a market-wide price carnage as a result. Data further shows over $328 million worth of crypto positions were ‘liquidated’ this morning, with over 87,000 individual trading accounts affected. The market, however, seemed to temporarily stabilize at press…
The latest digital asset fund report from CoinShares showed that investor outlook on Bitcoin has become increasingly positive. While last week’s report showed Bitcoin lagged behind altcoins, which saw their highest inflows in the past three years, the latest data shows the market has broken an 8-weel spell of BTC outflows. Market sees inflows across…
Solana displaced Ripple (XRP) this morning to become the sixth-largest cryptocurrency by market cap, data from multiple sources shows. The feat puts it at a $60 billion marketcap—one that took a little under 24 months to achieve. The Solana lure So-termed the world’s ‘fastest’ blockchain, Solana boasts transactions per second (tps) speeds of over 65,000…
Following Tuesday’s Bitcoin flash crash, which took the rest of the market down as well, investors are wondering what happened. The CEO of Alameda Research, Sam Trabucco, commented that it was the most significant move in months. While it also caught him off guard, a further look at the signs shows a dip was on…
Crypto traders took some of their biggest hits in recent times as a sudden purge across the crypto market saw $3.7 billion worth of trading positions liquidated, data from multiple sources showed. ‘Liquidations,’ for the uninitiated, occur when leveraged positions are automatically closed out by exchanges/brokerages as a “safety mechanism.” Futures and margin traders—who borrow…
‘Tokenized’ Tesla, Google, and Apple shares are coming to Solana (SOL) Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenized financial instruments, today announced that it is bringing its tokenized stock infrastructure to the Solana blockchain. 2 min read →
With the growing demand for NFTs reaching new heights, the latest crypto firm to dive into the space is FTX, a leading crypto exchange. According to an announcement made by the firm’s CEO earlier today, users of the exchange can now create their desired artworks and mint them into NFTs. FTX to support NFT minting…