Ether futures open interest hits all-time high — Is the ETH bull run starting?
Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
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Dubai permits full operation to FTX subsidiary FZE via first MVP license
According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets. 53 Total views 1 Total shares On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region. Dubai’s Virtual Asset…

Bitcoin is the best treasury reserve asset humanity’s ever had
At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion.The list includes MicroStrategy at the top, with close to 38,250 BTC…

Bitcoin Surges Past $5,700 in Hours: Experts Explain Factors of Overnight Rally
Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.Most crypto assets in the global market have substantially surged in value in the past weekSource: coin360.ioMajor crypto assets such as ether…

NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30
In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard almost 10 million users to the crypto and…

Terra accidental airdrop leads to smear campaign, community member claims
Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members.It all started in the month of May with the genesis airdrop that was planned after the…

US SEC Settles in Long-Running Fraud Case Against Longfin CEO
The United States Securities and Exchange Commission (SEC) announced that it has agreed to a settlement with the CEO of purported cryptocurrency company Longfin in a statement, Jan. 3.Venkata Meenavalli agreed to pay $400,000 in disgorgement and penalties to resolve the SEC’s fraud action against him, subject to court approval.The SEC’s complaint alleged that Longfin…

Crypto distribution is uneven among banks as prudential exposure rises: BIS report
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas. 249 Total views 36 Total shares Own this piece of history Collect this article as an NFTAround 20% of banks have exposure to crypto assets, a Bank for International Settlements (BIS) report released…

Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption
While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July…