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Geared Bitcoin (BTC) Longs are back in effect, the trading company says

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BTC$114,371.96 Dealers again place bold bets on eternal futures, unbound with the recent volatility that triggered a significantly slack of geared long positions. Singapore-based QCP capital reported on Monday that open interest in eternal (futures without expiry) increases along with financing rates across larger centralized and decentralized exchanges, signaling a strong bias against long positions. […]

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Gold -backed cryptos near $ 3b market as gold bursting to fresh record heights

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Gold’s historic rally accelerated Monday, with spot prices stopped through $ 3,800 per year. Ounce to set fresh record at all times, and extends a torrid year in which Bullion has risen almost 47% years to date. This wave repeats across crypto rails, with gold-supported tokens climbing up to a high market capitalization of $

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Crypto is ‘Job One’ Like OS SEC, CFTC moves to harmony on policies: President Atkins

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Washington, DC – President Paul Atkins for US Securities and Exchange Commission said “Krypto is Job One” as his agency hosted a Monday round table that focused on the harmonization of political work with his sister regulator, The Commodity Futures Trading Commission. Both agencies are set to have key roles in overseeing the markets of

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SEC asks issuers to pull 19b-4s; ETFs could be approved ‘absurd fast’

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The US Securities and Exchange Commission (SEC) has asked Crypto Exchange-Traded Fund (ETF) to withdraw their 19B-4 archives and paved the way for a faster approval process after new rules removed an important regulatory barrier, told a person who is familiar with the case, to Coindesk. Earlier this month, SEC signed on generic listing standards

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FTX Payouts, US Customs Rates, Jobs: Crypto Week in front of

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Market activity is likely to be overshadowed by Friday’s monthly US employment figures, where not -gown -wage forecasts are intended to increase by 39,000. The figure, seen as a barometer for health for the world’s largest economy, is one of the most closely monitored economic statistics. Meanwhile, long-suffering creditors for bankruptcy Crypto exchange FTX, which

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Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO

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The Algorand Foundation has tapped Nikolaos Bougalis, a veteran cryptographer and former Ripple Engineering Lead, as his new Chief Technology Officer, the company said in a press release on Monday. Bougalis, who spent almost a decade of leading the development of the Open Source XRP Ledger, will lead Algorand’s engineering efforts and help promote its

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