As oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100. The Binance-owned crypto derivatives exchange, FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20. FTX’s contracts will expire at…
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Check the bad crypto news of the past week. It’s been a good week for Bitcoin. After languishing at around $6,700, the cryptocoin is up more than 6 percent over the last week to take it above $7,000. And the next halving is now less than three weeks away. Changpeng Zhao is looking further ahead.…
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Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average. According to the “2020 Q1 Cryptocurrency…
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Multicoin Capital partners reveal their investment process. According to Coinopsy.com, over 1,500 cryptocurrencies have collapsed in the past eight years. With so many failures, what is the best way to determine which projects are worth investing in, and how can these projects be found? CEO of Civic, Vinny Lingham, and co-founder of Multicoin Capital, Kyle…
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Cryptocurrency exchange Poloniex experienced unscheduled downtime before resuming trading for all its pairs but GRIN/BTC. Cryptocurrency exchange, Poloniex, experienced unscheduled downtime on April 24 before resuming trading for all pairs except GRIN/BTC. Poloniex announced in a tweet sent that the exchange had to halt its activity due to an unexpected issue. Interestingly, the exchange warns…
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Central banks affect decentralized finance, and decentralized finance affects central banks. Which could benefit from this ideological war? Philip Coggan, a British business journalist and news correspondent who writes for The Economist, once mentioned, “Modern money is debt and debt is money.” Few would disagree with this claim. Yes, the vast majority of money circulating…
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Speakers from Ternio, Monarch, and Utrust weighed in on the future of the industry & the impact of COVID-19. The current pandemic is far from over and the economic, political, and social ramifications of this crisis remain unclear. Indeed, the nature of the workplace people return to might well be radically different to what previously…
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Curv has launched a software-based custody product allowing secure signing via multi-party computations protocols from offline devices. Curv, a Tel-Aviv and New York-based digital asset security platform, has launched Curv Air Gap — an institutional transaction signing solution that uses multi-party computation, or MPC, protocols on offline devices. The launch comes roughly one week after…
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Cryptocurrency data firm Nomics announced an artificial intelligence system that makes seven-day cryptocurrency price predictions. Cryptocurrency data firm Nomics is applying artificial intelligence to the often chaotic world of cryptocurrency trading. In an announcement on April 23, Nomics introduced an AI system that makes seven-day cryptocurrency price predictions. The firm claims this makes it the…
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A Paxful survey shows that a growing percentage of Americans are considering cryptocurrencies as an alternative to the current financial system. Americans with a working knowledge of cryptocurrencies have been showing a rising interest in blockchain technology and cryptos. According to a survey conducted by the global peer-to-peer Bitcoin marketplace Paxful, this demographic increasingly views…
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