Long positions profit from rising crypto prices, while short positions profit from falling prices. Read More at https://cointelegraph.com/explained/long-and-short-positions-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Country-wide Bitcoin adoption a mixed bag for national economies
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts. Read More at https://cointelegraph.com/news/bitcoin-adoption-national-economies-currency?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin core dev receives grant for maintaining BIP repository
Developer Jon Atack believes that Bitcoin plays a role in human freedom, decentralization of power, privacy and self-sovereignty. Read More at https://cointelegraph.com/news/bitcoin-core-dev-grant-bip-repository-maintenance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hamster Kombat token price plunges on exchange debut
Amid Hamster Kombat officially listing on exchanges like Binance and HashKey, the HMSTR token has been plummeting. Read More at https://cointelegraph.com/news/hamster-kombat-token-price-plunges-exchange-debut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Despite WazirX, Q3 crypto hack and scam losses fell to $413m YOY
Losses from scams and hacks in Q3 declined by 40% compared to the previous year, but CEX hacks still pose a problem for the industry. Read More at https://cointelegraph.com/news/crypto-hacks-scams-drop-40-percent-q3-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Avalanche to reward devs building layer-1 chains with $40M grant
An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet. Read More at https://cointelegraph.com/news/avalanche-40m-grant-layer-1-chain-developers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea fines Worldcoin for violating personal protection laws
Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26. Read More at https://cointelegraph.com/news/south-korea-fines-worldcoin-personal-data-violations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock Bitcoin ETF posts September's biggest daily inflow of over $180M
BlackRock’s Bitcoin ETF saw the highest daily inflow of any fund this month on Sept. 25, amid a wider five-day inflow streak across all spot Bitcoin ETFs in the United States. Read More at https://cointelegraph.com/news/blackrock-bitcoin-etf-inflows-september-btc-united-states?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders brace for US macro data, Fed as BTC price bounces 2%
BTC price downside fails to disrupt a resurgent Bitcoin mood on a day of US GDP data, unemployment figures and Federal Reserve speeches. Read More at https://cointelegraph.com/news/bitcoin-traders-brace-us-macro-data-fed-btc-price-bounces-2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said. Read More at https://cointelegraph.com/news/ethena-new-stablecoin-blackrock-buidl-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound