The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market.
NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.
Bitcoin’s realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.
Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi’s native token (HT) “abnormally” at zero cost and sold it for “huge amounts of cash.”
As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.
The landmark Markets in Crypto Assets regulation was given final approval by the EU’s Council, which also agreed a new law for sharing data on crypto tax holdings.