Open Interest in Bitcoin Futures Hits Yearly High of $12B
A Taipei-based trader at Quantrend Technology, a large market maker on Binance, told CoinDesk in a note that bitcoin has hit the highest level since the collapse of Luna last year, which is also a positive psychological indicator that market sentiment is optimistic.
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‘Bitcoin Bug’ Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins
A severe bug discovered just weeks ago in bitcoin's code has been exploited – albeit on a lesser-known cryptocurrency. The developers behind the pigeoncoin cryptocurrency confirmed the exploit to CoinDesk on Tuesday, reporting that an unknown attacker successfully took advantage of the bug on September 26th, showcasing in the wild how it could have been…

Declining Bitcoin-Ether Correlation Could Impact Crypto Investors’ Hedging Strategies: Coinbase
Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Will Canny is CoinDesk's finance reporter.Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...The correlation between bitcoin…

US Investors Used Loophole to Buy Bitfinex Exchange’s LEO Tokens
news U.S. investors have been able to purchase Bitfinex’s LEO exchange tokens, if only indirectly. Seattle-based Arrington XRP Capital and Los Angeles-based Arca both said they invested in LEO tokens, despite Bitfinex’s stated policy of refusing to sell them to U.S. residents or entities. Both investment management firms told CoinDesk that, rather than purchasing the…

Waves
24H Low$29.3324H High$30.81PriceMarket Stats24H Average Transaction Fee$4.25ReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldTwitter SentimentSearch TrendsBitcoin CalculatorCrypto to FIATCrypto to CryptoLast Updated on 10/16/21 1:44 PM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN…

Crypto Options Traders Are Still Shorting Bitcoin Volatility
Bitcoin's key volatility metrics are hovering at multiyear lows, suggesting the potential for a move higher back toward the mean.Some traders, however, are saying the initial optimism around the set of spot-ETF applications has faded and options look pricier.Shorting volatility through options is a risky strategy and requires active management of the position.There is a…

Carlos Ghosn’s $600K Bitcoin Escape Fee Paid Via Coinbase
Jul 24, 2020 at 11:44 UTCUpdated Jul 24, 2020 at 11:53 UTC(Frederic Legrand - COMEO / Shutterstock.com)Carlos Ghosn’s $600K Bitcoin Escape Fee Paid Via CoinbaseThe son of former Renault and Nissan head and fugitive Carlos Ghosn used Coinbase to pay two men $600,000 in bitcoin to get his father out of Japan last December. U.S.…

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements with the help from the central banks of France, Singapore and Switzerland successfully tested out cross border trading of wholesale central bank digital currencies.With more and more nations exploring issuing a wholesale CBDC Project Mariana wanted to test out how foreign and exchange settlement might look in a world where

Crypto Market Has Evolved in the Past Year, Canaccord Says
The crypto market is back in growth mode following a period of consolidation, the report said. Canaccord noted that the launch of spot ETFs in the U.S. has led to broader institutional adoption of digital assets. Institutional allocations to crypto are expected to increase, the broker said. The digital assets industry has bounced back from