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Cryptocurrency

Avantis Launches Perpetual Swaps Exchange on Base Network, Offering a New Approach to Crypto Futures Trading

February 4, 2024 by Arnold Potts

Avantis, a perpetual swaps exchange, has recently opened for trading on the Base mainnet, offering a new approach to balancing crypto futures markets. The platform aims to attract retail traders by providing a unique trading experience. Base, a layer 2 solution backed …

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The Limitations of Bitcoin ETFs: A Stepping Stone or a Detour for Crypto Ownership and Sovereignty

February 4, 2024 by Arnold Potts

finance and empower individuals with true financial ownership and sovereignty. In recent weeks, newly approved U.S. Bitcoin ETFs have experienced incredibly successful launches, as evidenced by their impressive trading volume and flow metrics. However, it is important to note that these ETFs …

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The U.S. Department of Energy Investigates Bitcoin Mining: Cause for Concern?

February 4, 2024 by Arnold Potts

The U.S. Department of Energy (DOE) has announced that it will be conducting a survey on the electricity usage of selected U.S.-based bitcoin miners over the next six months. The survey, conducted by the Energy Information Administration (EIA), aims to gather data …

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The Rise and Fall of Tokenization: Exploring the Hype and Reality of Real World Asset Tokenization

February 4, 2024 by Arnold Potts

to a specific group of investors, it can be difficult to verify ownership and transfer ownership rights. Tokenization solves this problem by representing ownership of real-world assets through digital tokens on a blockchain. However, despite the hype surrounding tokenization, there are several …

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Markets Overly Optimistic About Fed Rate Cuts, Warns JPMorgan Asset Management

February 3, 2024 by Arnold Potts

Financial markets may be overly optimistic about the timing and extent of interest rate cuts by the U.S. Federal Reserve (Fed) this year, according to JPMorgan Asset Management. Despite expectations of lower rates due to receding inflation and hints from the Fed …

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Former U.K. Chancellor George Osborne Joins Coinbase as Advisor, Highlighting Crypto Firms’ Emphasis on Regulatory Expertise

February 3, 2024 by Arnold Potts

Former U.K. Chancellor of the Exchequer, George Osborne, has joined cryptocurrency exchange Coinbase’s advisory council, marking the second former U.K. chancellor to join a crypto firm. Philip Hammond, Osborne’s immediate successor, had previously joined Copper as an advisor in October 2021 and …

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First Mover: America’s BTC Loses $43K as Crypto Prices Slip

February 3, 2024 by Arnold Potts

Bitcoin (BTC) experienced a slight dip below $43,000 during the Asian session but has since been trading around the $42,500 level during the European morning. As of writing, BTC is valued at approximately $42,580, marking a 2.25% decrease in the last 24 …

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The Bullish Bounce Back: Bitcoin and Ether Outperformed by 20 Index in Market Rebound

February 2, 2024 by Arnold Potts

Title: Bullish Bounce Back: Crypto Market Shows Resilience as Bitcoin and Altcoins Rebound The cryptocurrency market has experienced a bullish bounce back, with Bitcoin (BTC) and altcoins recovering from recent lows. The 20 Index, a benchmark for the digital asset market, has …

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Ripple’s XRP Token Plummets Over 5% Amidst Speculation of $112.5 Million Hack

February 2, 2024 by Arnold Potts

Ripple’s XRP token experienced a significant drop of over 5% on Wednesday, following reports and speculation that the network may have been hacked, resulting in a potential loss of $112.5 million. Chris Larsen, the Executive Chairman of Ripple, took to X (formerly …

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Exploring the Rise of Bots and Private Mempools in Ethereum: The Battle Against MEV

February 2, 2024 by Arnold Potts

Ethereum, the second-largest blockchain network, is facing a growing problem with bots that exploit the time gap between when transactions are submitted and when they are finalized. These bots, known as front-runners, copy trades from other users and quickly execute them, eating …

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