Category: News

  • CME Group set to introduce ETH to BTC Ratio futures

    According to the announcement, the settlement of Ether/Bitcoin Ratio futures will be in cash, based on the final settlement price of CME Group’s Ether ETH $1,892  futures divided by the final settlement price of CME Group’s Bitcoin BTC $30,972 futures. Moreover, this new contract will adhere to the identical listing cycle observed in CME Group’s…

  • Crypto enthusiasts are wrong to target Gary Gensler

    The animus of the entire crypto world is focused on Securities and Exchange Commission Chair Gary Gensler. Critics argue that he paints cryptocurrencies with too broad a brush. They argue that he gaslights well-meaning entrepreneurs by encouraging them to “come in and register,” knowing his process is set up for them to fail. They argue…

  • Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry

    Bitcoin’s 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if BlackRock’s exchange-traded fund (ETF) application gets regulatory approval. ARK…

  • Curve pool imbalance triggers USDT depeg concerns: Finance Redefined

    Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. On June 15, an imbalance in Curve Finance’s 3pool led to a Tether USDT $1.00 depeg scare as the stablecoin’s weightage in the pool rose above 70%,…