Bitcoin’s Spot-to-Derivatives Trading Volume Ratio Slides to Lowest in 11 Months
The decline indicates renewed risk appetite in the crypto market.
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Dogecoin Futures Set Record After Twitter Adopts Shiba Inu Logo
Open interest, which can be used to determine market strength behind price trends, jumped to all-time highs in dogecoin terms.
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
BTG Pactual, one of Latin America’s largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt.
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1.
Ethereum’s Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market.
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
“ETH looks to regain ground against BTC as part of a broader capital rotation play,” one observer said.
Crypto Payroll Company Franklin Closes $2.9M Seed Round
The payroll company is the second skunkworks project developed internally at boutique Web3 marketing firm Serotonin, founded by Ethereum mainstay Amanda Cassatt.
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
The integration of Tap Network will allow companies to build out their Web3 strategies by incorporating commerce, data and loyalty programs.
South Korean Traders Are Jumping on SXP, ICX Tokens
Trading volumes and prices for the two tokens have surged in the past few days on local exchanges.
Bitcoin Volatility Index’s Correlation With Price Flips Positive, Boosts Appeal of Bullish Call Options
It pays to be a call option holder when the implied volatility is rising along with the underlying asset’s price, crypto observers told CoinDesk.