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Analyzing ‘Paper BTC’: How Bitcoin Futures Contracts Impact the Cryptocurrency Market
The cryptocurrency market is experiencing a phenomenon referred to as "paper BTC," which is essentially the combined open interest value of Bitcoin futures contracts. Analysts are examining how this "paper BTC" compares to the actual Bitcoin being traded and its impact on the market. Key points h ...
Cryptocurrency Dominates Reported Overseas Assets in South Korea: National Tax Service Report
In South Korea, a recent report from the country's tax organization, the National Tax Service (NTS), highlights the dominance of cryptocurrencies like Bitcoin (BTC) among reported overseas assets. The NTS issued an official announcement on September 20, revealing that 1,432 individuals and corpor ...
Nomura’s Laser Digital Launches Bitcoin Adoption Fund Targeting Institutional Investors
Nomura's digital asset subsidiary, Laser Digital Asset Management, has introduced the Bitcoin Adoption Fund, targeting institutional investors. This Bitcoin (BTC)-based fund represents the first in a series of digital adoption investment solutions that the firm plans to launch. Nomura, a Japanese fi ...
Bitcoin’s Open Interest Surges by $1 Billion Amid Speculation of Whale Accumulation
Bitcoin's open interest on derivatives exchanges saw a sudden surge of $1 billion on September 18, leading some to speculate that whales were accumulating in anticipation of the unsealing of Binance's court filings. However, a closer look at derivatives metrics suggests a more nuanced picture. Th ...
“Bollinger Bands Indicator Signals Potential Upside Volatility for Bitcoin (BTC)
The Bollinger Bands indicator, created by John Bollinger, suggests that Bitcoin (BTC) could experience fresh upside volatility, potentially leading to a breakout. This conclusion comes after Bitcoin recently hit new highs for September and challenged resistance levels not seen since mid-August. T ...
Silencio Network Deploys 35,000 Smartphones as Noise Sensors to Combat Global Noise Pollution
The Silencio Network, in collaboration with the Peaq blockchain ecosystem, has deployed over 35,000 smartphones as noise sensors to address global noise pollution. This initiative involves community members contributing noise pollution data and receiving tokenized rewards for their participation. ...
Thriving Ton Network Ecosystem: Megaton DEX with 2.8 Million TON Tokens and Liquid Staking Surge
Thriving Ton Network Ecosystem: Megaton DEX with 2.8 Million TON Tokens and Liquid Staking Surge The Ton Network's ecosystem is experiencing significant growth, with notable developments in its decentralized exchange (DEX) landscape and liquid staking applications. Megaton DEX Leads in ...
Analyst Who Predicted 2022 Bitcoin Bottom Sees Potential for New High in 2023
An analyst known as DonAlt, who correctly predicted the bottom of the Bitcoin (BTC) market in 2022, believes that BTC has the potential to experience a significant rally and reach a new yearly high in 2023. DonAlt suggests that if Bitcoin breaks through the current resistance level, it could target ...
BNB Price Analysis: Binance Coin Shows Signs of Recovery, Key Resistance Ahead
BNB (Binance Coin) has managed to stay above the key support at $202 against the US Dollar and is showing signs of recovery. Here's a breakdown of its recent price movements and potential future scenarios: BNB price recently dipped to $204 but has since started to recover alongside Bitc ...
TikTok Battling Influx of Elon Musk Crypto Scams
TikTok is currently grappling with a surge in fake cryptocurrency giveaway scams, with many of them impersonating figures like Elon Musk, Tesla, or SpaceX, according to a recent report by Bleeping Computer. These scams typically involve tricking users into creating accounts on fraudulent cryptocurre ...
