Crypto derivatives exchange has become a popular investment choice among traders over the past few years. They allow individuals to gain exposure to the price movements of cryptocurrencies without the necessity of buying and owning the assets themselves. In this blog, let us explore what are crypto derivatives? Types, pros and cons. Whether you ar
Odds for Ripple Appeal Lower as Congress Slams SEC & Gensler
The prospect of the SEC appealing the recent Ripple (XRP) ruling is looking increasingly unlikely as SEC Chair…
Circle Launches On-Chain Compliance Platform for USDC
On September 24, Circle, the issuer of USDC, launched a new on-chain compliance platform called “Compliance Engine.” This platform aims to assist businesses in developing blockchain applications while meeting stringent compliance requirements. It features transaction screening, monitoring tools, and services that comply with Know Your Customer (KYC
ckBTC to Bridge Internet Computer and Cosmos via Osmosis and Omnity partnership
The partnership will bring non-custodial Bitcoin to Cosmos, strengthening its interchain ecosystem. The Internet Computer blockchain has announced…
Bitcoin Could See Significant Liquidations if Price Falls Below $62,000
According to data from Coinglass, the current liquidation intensity of long positions on major centralized exchanges (CEX) is significantly higher than that of short positions. If Bitcoin falls below $62,000, the cumulative liquidation intensity of long positions on these exchanges could reach $1.819 billion. Conversely, if Bitcoin breaks above $66
Bitcoin Expected to Remain Below $70,000 Before U.S. Elections
Eugene Ng Ah Sio recently posted on X, stating, “My bullish outlook does not mean I will blindly seek more profits as prices rise. For me, the $65,000 to $68,000 range is a reasonable profit zone for early buyers. Many investors on the sidelines may capitulate around $65,000, which could signify the last push for […]
Ethereum Gas Fees Surge Reflecting Increased Network Activity
Matrixport’s latest report indicates that Ethereum’s gas fees have risen following the recent Federal Open Market Committee (FOMC) meeting, signaling a significant increase in network activity. This uptick may suggest that the cryptocurrency market is undergoing important changes. Despite negative news impacting the market, ETH prices have shown si
Cardano (ADA) Reclaims Top 10 Crypto Spot, Analysts Set New Targets
Cardano (ADA) has seen a remarkable performance over the week, surging over 10% and reentering the top ten cryptocurrencies by market capitalization list. Its recent price action has fueled a bullish sentiment among investors and market watchers, who believe the token might be near a rally toward $1. Cardano Breaks Out To Reclaim Top 10 […]
Federal Prison Will Release Binance Founder Changpeng Zhao
Changpeng Zhao, founder of Binance, will be released from federal prison on September 29, sparking crypto market excitement. The post Federal Prison Will Release Binance Founder Changpeng Zhao appeared first on Coinbackyard.
Caroline Ellison Receives Two-Year Sentence for Role in FTX Collapse
Caroline Ellison, the former head of Alameda Research, has been sentenced to 24 months in a minimum-security prison on September 24. Ellison will report to prison on or after November 7.