Author: e_cash_top
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Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade
[ad_1] Shanghai is the next major Ethereum upgrade, scheduled to go live on April 12. Once implemented, ETH staked on the staking contract will be unlocked and withdrawable – thus finalizing the process that began with the Beacon Chain launch in December 2020. The implication of the Shanghai upgrade is subject to much speculation. Some…
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Binance’s regulatory woes don’t seem to scare crypto investors
[ad_1] Ad The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry. On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the U.S. The market reacted switftly to the filing,…
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Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
[ad_1] The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The bill, sponsored by Texas State Senator Lois Kolkhorst, passed without a single vote in opposition, Porter stated. The fact that it got the unanimous support of the committee sparked rumors that it…
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Gold breaks out to new highs as US economy starts to slow down
[ad_1] Quick Take In the past two days, a lot of macro data has come out for the U.S., which shows significant signs of a slowing economy in the U.S. Yesterday, the US manufacturing slump deepened as the manufacturing ISM index fell further into contraction, which fell below expectations and fell to its lowest level…
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Paxful suspends marketplace
[ad_1] Peer-to-peer exchange Paxful announced it is suspending its marketplace, according to a written message by its CEO, Ray Youssef. A screenshot of the message was shared by crypto influencer @callebtc. The message stated: “Today, Paxful will be suspending its marketplace. We are not sure if it will come back.” Youssef said he couldn’t share…
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21Shares launches ETP for Bitcoin L2 network Stacks
[ad_1] Leading crypto exchange-traded product (ETP) issuer 21Shares has launched a product offering exposure to Bitcoin (BTC) layer2 (L2) network Stacks (STX). According to an April 4 statement, the 21Shares Stacks Staking ETP is listed on the BX Swiss Exchange under the ticker ASTX. 21Shares described the product as “the world’s first ETP offering exposure to…
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Shiba Inu ranks among most viewed crypto assets: CoinMarketCap Q1 report
[ad_1] CoinMarketCap’s Q1 2023 report ranked Shiba Inu among the most viewed cryptocurrencies on its platform after Bitcoin (BTC) and Baby Doge Coin (BABYDOGE). This report suggests that investors across the globe are keeping tabs on the meme coin due to its recent price movements. Shiba Inu closely tails Bitcoin in popularity According to the…
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Investors wary as Shanghai upgrade looms, options market signals negative sentiment
[ad_1] Quick Take The options market is finally starting to price in the Ethereum Shanghai upgrade, supposedly scheduled for April 12. Options 25 delta skew at the front end (1 week to 1 Month) suggests bearish sentiment, with puts starting to dominate calls. Furthermore, looking at options open interest by strike price — an overwhelming…
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Dogecoin overtakes Cardano after Twitter goes doge-crazy
[ad_1] Dogecoin flips Cardano for seventh ranking after Twitter replaced its homepage logo with a doge. Dogecoin soars on Twitter logo replacement On March 3, Twitter incorporated a doge on its load screen — also replacing its blue bird homepage logo with the iconic picture. The chart below shows that the ensuing buying frenzy kicked…
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Euler surges 15% after protocol recovers all stolen funds
[ad_1] What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It…