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Bitcoin Futures: A Growing Market Bitcoin futures open interest (OI) has witnessed a significant surge in the past day, with CME Group's OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This surge is not limited to CME Group alone; platforms like Binance, Deribit, Bitget, and Okx are also experiencing substantial upticks in open […]

Bitcoin Bitcoin experienced a significant rally, reaching its highest level since May 2022, as market sentiment turned bullish. Traders anticipated an imminent announcement from the United States Securities and Exchange Commission (SEC) regarding a potential bitcoin exchange-traded fund (ETF), possibly from Blackrock. In tandem with Bitcoin's surge, Ethereum also saw gains, surpassing the $1,800 mark.

The Constitutional Framework In recent weeks, speculation has been rife in the Salvadoran media about President Nayib Bukele's potential bid for a second term in office. Previously, it was believed that Salvadoran presidents were limited to a single five-year term. However, a landmark Supreme Court ruling has opened the door to the possibility of a

Worldcoin Updates Token Supply and Loan Agreements Worldcoin, a project that utilizes iris biometrics for creating a unique human identity database, announced on Sunday that it is making changes to the distribution of its circulating WLD token supply and its market maker loan agreements. The project, which was launched in July, will be reducing the

Bitcoin.com and Hummingbot Collaborate to Boost Liquidity and Trading Volumes Bitcoin.com, a leading global platform for introducing newcomers to cryptocurrency, is excited to announce its partnership with Hummingbot for an innovative campaign on KuCoin. The campaign aims to enhance liquidity and trading volumes for the VERSE/USDT trading pair. Hummingbot, known for its open-source market making

Recent insights from Bloomberg's team of economic experts suggest that an all-out war between Iran and Israel might set off a worldwide economic downturn. They highlighted that a sharp increase in oil prices, coupled with a drastic decline in risk assets, could significantly impact growth and potentially elevate inflation levels. They further cautioned that the

Leading American investment banks are advocating prudence and adaptability as the crisis triggered by an unexpected attack by Hamas on Israel earlier this month continues to unfold. Analyst notes from JPMorgan and Morgan Stanley offer a glimpse into Wall Street's interpretation of the unfolding events and their potential implications for global markets. Morgan Stanley's Analyst

In the rapidly evolving world of digital currencies, a notable player, Cardano, reigns as an influential part of the $1.08 trillion cryptocurrency market. Commonly known by its ticker ADA, it stands as the eighth-largest cryptocurrency in terms of market capitalization, valued at a solid $9 billion, contributing 0.817%. This write-up provides a broad perspective on

When evaluating gold IRA companies, two top contenders are consistently at the forefront: Goldco and Augusta Precious Metals. Each company carries an impressive reputation in the industry and offers valuable investment options. But, when directly compared: which one takes the crown? A Closer Look at Goldco Established by Trevor Gerszt in 2006, Goldco was founded

Gary Wang's Testimony Exposes Diversion of Billions from Customer Accounts Last Friday, Gary Wang, one of the co-founders of FTX, delivered a captivating testimony to federal prosecutors. He made serious allegations against CEO Sam Bankman-Fried, claiming that Bankman-Fried covertly used billions of dollars from customer accounts to bolster trades for his hedge fund, Alameda Research.