Swedish Bank Inks Deal to Offer Crypto Fund Trading

While notional open interest has dropped, OI in BTC terms has held steady alongside positive funding rates. That's a sign of renewed demand for longs amid the price dip, according to observers. Notional open interest in bitcoin (BTC) futures and perpetual futures, a crucial market sentiment gauge, has declined roughly 18% from $37 billion to

One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. There's a strong belief that most people who put money into an account at a prominent bank will generally leave it there, indefinitely – whether due to comfort, satisfaction, relationships, laziness, lots of things.

Jan 11, 2021 at 2:44 p.m. UTCUpdated Jan 11, 2021 at 2:47 p.m. UTCUS-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin MiningChinese sports lottery firm 500.com (NYSE: WBAI) announced Monday that it has entered into a purchase agreement to acquire bitcoin mining machines.500.com said it expects to issue $14.4 million-worth of its Class A…

news Coinbase’s director of institutional sales, Christine Sandler, has left the cryptocurrency startup for Fidelity Investments, one of the world’s largest financial services providers, according to multiple industry sources. Sandler, a long-time executive in the financial space, held positions with NYSE Euronext and Barclays Investment Bank before joining Coinbase in March 2018 to head up…

Aug 12, 2020 at 16:41 UTCCaitlin Long speaks at Invest 2018. (CoinDesk archives)Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court. Here’s the story. ‘Cash equivalent’CoinDesk’s Nathan DiCamillo breaks down how Avanti Financial intends to issue…

Sam Bankman-Fried has not tried to tamper with witnesses, and the U.S. Department of Justice's allegations that he had "mischaracterize" the reality, a filing by the FTX founder's defense team said. The ex-CEO of the crypto exchange faces potential jail time ahead of his trial later this year, if the DOJ wins its motion to…

Cathie Wood's investment manager ARK bought nearly $2.2 million worth of Coinbase shares on Tuesday. ARKF contains around $67 million worth of COIN stock, a 7.43% weighting of the fund's total value. Cathie Wood's investment management firm ARK Invest bought nearly $2.2 million worth of Coinbase (COIN) shares in its first purchase of stock in

Nov 25, 2020 at 7:41 p.m. UTC(Ewing Galloway/General Photographic Agency/Getty Images)Some Are Calling All-Time Highs for Bitcoin. Here’s Why CoinDesk Hasn’t YetIn a fragmented global market, price quotes are all over the place. That’s why CoinDesk created the Bitcoin Price Index (BPI). The current debate over what exactly is the all-time-high price of the leading…

While bitcoin and other major cryptocurrencies showed minimal movement, Solana's SOL token surged by 5% to $173, leading the market gains with a 14% increase over the week. Bitcoin's market dominance reached over 57%, the highest since April 2021, indicating a market preference for Bitcoin's stability over altcoins. Although one trader holds a bearish view.