Genesis puts its institutional crypto futures product’s end-of-day price to the test
Genesis Global Capital, a cryptocurrency trading firm, has announced the execution of a one-of-a-kind trade that will pave the way for the introduction of new institutional cryptocurrency futures products. Genesis has completed the first-ever over-the-counter (OTC) block trade of a Basis Trade at Index Close (BTIC) transaction involving Bitcoin futures contracts issued by the Chicago […]
Concerns about a fresh China crypto crackdown fuels a boom in trade activity on the derivatives DEX dYdX
Decentralized Derivatives DEX dydx out surges Coinbase by volume in the wake of the China FUD. As fears of a further Chinese crypto crackdow n have circulated this year, the decentralized derivatives exchange dYdX has seen a jump in trading volume, processing more volume than Coinbase for the first time. According to CoinGecko, dYdX has […]
Nancy Pelosi reveals the house will vote on whether to pass the bipartisan infrastructure bill this week
The vote will be held the day before the Surface Transportation Reauthorization Act of 2021 expires, according to Pelosi. Pelosi stated, “Let me just say that we’re going to pass the bill this week,” according to Reuters, when announcing the date on Sunday, Sept. 26. She had previously stated that she would not bring the […]
Panic sales: China’s crypto ban sparks panic selling among Indians
An unprecedented wave of trading activity swept through India, with transaction volumes increasing by roughly 50% on major crypto exchanges as Bitcoin and Ethereum plummeted to record low levels. This isn’t the first time China has stated its opposition to the use of cryptocurrency. As the country’s anti-crypto stance was reaffirmed, many people panicked and sold their holdings, fearing a loss of profits or investments. To sustain their gains, crypto investors were seen selling smaller asset holdings in the majority of […]
From movie tickets to real estate, here’s how Dogecoin is stealing the show in the adoption stakes
Dogecoin has seen some significant adoptions in the year 2021. Dogecoin’s use as a payment method is now at the forefront of its attempt to establish itself as a genuine crypto competitor. According to available data, the number of shops that currently take Doge as payment has increased by more than 60% in the previous […]