It appears that BitMEX’s ongoing legal struggles are giving its competition the chance to overtake it in the crypto derivatives market. ByBit has taken the #3 spot from BitMEX, and Bitget has been able to pull ahead of BitMEX in 24-hour volume. ByBit now receives 9.50% of the total crypto derivatives market trade, according to […]
The Sandbox & CoinMarketCap Announce First Public LAND Token Sale
Animoca Brands, the developer behind the videogame “The Sandbox”, has announced that its first public sale of LAND tokens will be held on February 11th of 2021. Real Estate has historically been one of the most popular investment methods for people around the globe. Now, videogames like The Sandbox are allowing investors to buy virtual […]
Rocket Vault Finance: Smart Vaults for The Best Stablecoin Returns
Rocket Vault Finance has an innovative way to amp up returns from passive income structures in the crypto markets – and tap into next-generation AI/ML trading. Passive income is one of the most important aspects of any modern currency, as savers are rewarded with interest rates that give them an incentive to hold the currency. […]
Reddit Partners with Ethereum Foundation
Reddit is looking for ways to use blockchain to expand its services, and ensure that people are able to freely express themselves. The company has shown interest in blockchain in the past when it planned on introducing its own cryptocurrency to reward its users for engaging with the platform in March of 2020 and later […]
How to Trade Crypto Futures and Make Profit: A Complete Guide
Crypto futures markets are continuously growing and gaining more popularity. There are many great trading platforms offering loads of trading tools and the ability to use trading bots. These platforms typically generate profits from various kinds of interest or transaction fees, depending on the type of instrument traded. Of course, trading any kind of futures […]
Months in the Making: Coinbase Could Finally Be Going Public
The popular crypto exchange Coinbase has officially announced its plans to go public via a direct listing, not an Initial Public Offering as originally believed. Many crypto companies are looking to the public markets for more capital. Coinbase made the announcement in an official blog post on January 28, in which it shared its plants […]
Compound Finance Guide: Earn & Borrow With This Crypto Money Market
Money markets have been around for ages in the traditional finance world – now the crypto world has one of it’s own called Compound Finance. Compound is an Ethereum-powered decentralized money market network that allows users to earn interest on deposits and borrow against collateral for interest rates that are based on supply and demand. […]
Bitcoin subreddit hits 2M subscribers following GameStop controversy
More than 200,000 Redditors joined the page last week. One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time […]
US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation
U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it. Pro-Bitcoin US Lawmakers A growing number of U.S. lawmakers have recently spoken in support […]
Hedge fund behind shorting GameStop reports 53% loss in January
A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks. Melvin Capital started 2021 with $12.5 billion in assets before retail investors from Reddit caused the firm to lose billions on its GameStop short positions. According to a Wall Street Journal report, the hedge […]