Crypto

Source: Bitcoinist As Bitcoin (BTC) recovers from recent lows of around $52,500, open interest in the digital asset is rising much slower than the asset’s price. Bitcoin Relief Rally Could Be Spot-Driven Cryptocurrency trader and investor Daan Crypto made an interesting observation about Bitcoin’s open interest and the asset’s price action. In a post published…

Source: Coin Tegraph As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity. Read Full Article

Source: Coin Tegraph The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities. Read Full Article

Source: Bitcoinist As Ethereum (ETH) struggles to meet investor expectations, many holders are looking for alternative opportunities to maximize their returns. A new player in the market, Mpeppe (MPEPE), is quickly gaining traction, particularly among those disappointed by Ethereum (ETH)’s recent performance. With its innovative approach to gambling and decentralized finance (DeFi), Mpeppe (MPEPE) is…

Source: Coin Tegraph Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.  Read Full Article

Source: Bitcoinist Digital asset investment products have experienced a second consecutive week of outflows, but Solana looks to be bucking the trend. Notably, last week was full of outflows from cryptocurrency-based investment products, amounting to a substantial $726 million.  The outflows were heavily concentrated in two of the largest and most prominent cryptocurrencies, Bitcoin and…

Source: Coin Tegraph The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs. Read Full Article

Source: Bitcoinist Sui (SUI) and Mpeppe (MPEPE) are two coins that experts believe deserve a spot in your portfolio. With unique offerings in decentralized finance (DeFi), sports fandom, and online gaming, these two tokens are making waves in the crypto world. Let’s explore why experts are urging investors to take a closer look at Sui…

Source: Coin Tegraph Crypto custodian BitGo is now using LayerZero’s OFT Standard to deploy its WBTC across more than 80 chains.  Read Full Article

Source: Bitcoinist Bitcoin (BTC) and Ethereum (ETH) prices have dropped around 10% and 25% since August, reaching their lowest levels in the past six months. As a result, crypto investors’ sentiment appeared to be faltering, moving toward a negative outlook on the market. Nonetheless, a recent report revealed that most owners remain bullish about the…