Brazilian Stock Exchange B3, set to launch Bitcoin and Ethereum futures
B3, the Brazilian Stock Exchange, has revealed that it plans to offer its first official cryptocurrency product, Bitcoin (BTC) futures trading, within the next six months. Milanez did not go into great depth about how the product will function. It is unclear whether B3 will negotiate a partnership or provide Bitcoin futures trading directly, but […]
Do Kwon proposes new governance protocol to save Terra blockchain
Do Kwon, co-founder of Terra Luna cryptocurrency, unveiled a revised plan to repair the blockchain ecosystem following considerable market volatility and inherent protocol design problems that wiped out the blockchain’s market cap. Terraform Labs will propose a new governance concept for the Terra Luna blockchain on May 18, according to Kwon (token name: LUNA). The […]
Here’s Why Shiba Inu (SHIB) Holders Surge Despite Market Crash
During the recent crypto crisis, the number of companies owning popular memecoin Shiba Inu (SHIB) reached new highs, as prices fell to favorable levels. However, the token’s whale holders dropped dramatically, indicating that the largest crypto investors are losing faith in the memecoin. SHIB increased by 16,482 holders The total market valuation of meme tokens […]
Crypto Lending Giant Celsius Hinting IPO Plans?
Crypto lender Celsius Network hints in a statement on Monday that the company or one of its units may be considering an IPO. Celsius Mining filed a draft registration statement on a Form S-1 with the Securities and Exchange Commission, according to its news release . The statement is currently confidential. Form S-1 (IPO) usually […]
Avalanche (AVAX) Drops 5% In Minutes Amid Terra Dump Concerns
On Monday, Avalanche (AVAX) plummeted as traders thought the Luna Foundation Guard (LFG) would sell its token holdings. AVAX is currently trading at $32.41, down 6% in the last 24 hours. The token’s losses occurred shortly after the Luna Foundation Guard announced that it would spend its remaining reserves to compensate UST holders. This could […]