Orderly Network has officially launched its omnichain perps orderbook on the Solana mainnet. Notably, this integration enables Solana users to trade perpetual swap markets across over 30 decentralized exchanges (DEXs) and 73 trading pairs, marking a significant advancement in decentralized finance (DeFi) trading. Accordingly, the deployment represents the first unified perps orderbook that connects Ethereum…
Michael Saylor, co-founder and executive chairman of MicroStrategy, has suggested that Microsoft could significantly boost its market value by integrating Bitcoin into its business strategy. Saylor, known for his outspoken support of the cryptocurrency, recently proposed that adopting Bitcoin could increase Microsoft’s value by $5 trillion, translating to an additional $584 per share by 2034.…
November 26, 2024 – Binance, the global blockchain powerhouse and largest cryptocurrency exchange by trading volume, has unveiled BFUSD, the first reward-bearing margin asset issued by a crypto exchange. Notably, this offering is designed to provide passive returns for users holding BFUSD and enhanced rewards for those actively trading USDⓈ-M Futures while holding the asset.…
June 27, 2024 — Fenix Finance has successfully closed a $300,000 seed funding round led by Layer 3 protocol Orbs. This funding will support the development of Fenix’s unified trading and liquidity marketplace on the Blast network. Orbs' investment strengthens its existing partnership with Fenix, enhancing its role as a technology partner. Fenix is set…
Early this morning, crypto markets almost universally experienced a price drop at around 5 am UTC. Yesterday's crypto market rally was broken after the flash sale and markets have somewhat recovered and are now relatively stabilized. Crypto Twitter is still catching on, with only a few users experiencing confusion about the situation. How can the entire crypto…
The Swiss National Bank (SNB) has teamed up with the Bank for International Settlements (BIS) and exchange platform SIX Digital Exchange (SDX) to develop a Blockchain-backed digital currency. In a recent press release dated 8th October 2019, Switzerland’s central bank revealed that it had signed a deal with BIS to start an innovation center for…
Pretty much every year, investors seem confused or rather
concerned about their tax filings. Things are relatively difficult for crypto
investors because of the unregulated market and the volatile nature of the
asset itself. However, April 2020 might bring a great deal of composure for
crypto investors and traders in the US. In May 2019, the IRS rolled out…
Bithumb happens to be the largest exchange in South Korea and in an attempt to make its listing procedure more decentralized, the company has launched Pickthumb. The aim of this new venture is to offer means of voting to the participants and allow them to file their opinion regarding the listing of any new project.…
The November 5 deadline set by the U.S. Securities and Exchange Commission (SEC) in relation to public comments on nine Bitcoin exchange-traded fund (ETF) proposals has passed with the Commission now focused on ending their review process and coming to a final decision. Under Review The SEC had originally rejected the proposals back in August citing…
Ask any trader and they’ll tell you: diversifying your portfolio is one of the best ways to reduce risk. If you’re curious about branching out to other assets, definitely check out Reinhardt Coetzee — this South African Popular Investor is proof that low-risk, long-term investing can really pay off! Since joining eToro in July 2016, Reinhardt…