FTX, a crypto derivatives platform, has started to offer a very interesting new product recently. The company has created a speculative index fund called SHIT-PERP: Shitcoin Index Perpetual Futures.
Just recently, LedgerX came out saying that they have launched the first physically settled Bitcoin Futures trading platform. However, CFTC later commented that LedgerX hasn’t yet been approved by the commission.
According to the CEO of ICE, Bakkt’s parent company, the launch of the firm’s physically settled Bitcoin futures, is on the horizon. The CEO has said that they are waiting for NYFDS approval.
On August 1st the ETH is under pressure again. It is generally traded around 213.19 USD.
Weaker USD may be good news for Bitcoin price which could pick up more because of the quarter-percent rate cut. The move has been seen as preventative by economists but could also be a catalyst for the next financial crisis.
The National Basketball Players Association (NBPA) and the NBA have partnered with Dapper Labs to launch a blockchain-based marketplace for NBA highlights in the form of in-game collectibles.
Bitcoin had been in an uptrend for most of the day, and yesterday it managed to successfully pierce the $10,000 mark, which is generally considered to be a level of crucial psychological, if not technical, resistance.
China’s CCID has published another crypto project evaluation chart, where it overlooks 37 projects which the country’s researchers consider the “best”. EOS, Ethereum, and Tron lead the pack while Bitcoin trails behind.
Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. The contracts, which pay traders out in Bitcoin, will be available to both institutional and retail investors.
AITradeCoin, an automated trading service powered by AI, offers investors an opportunity to efficiently achieve their financial goals without any special efforts from their side.
Overstock.com, the retail giant firm, has just announced that it will be paying dividends to its shareholders in digital shares powered by an affiliate company, tZero. The CEO has expressed commitment to a blockchain capital market.
American’s topmost cryptocurrency exchange platform Coinbase embeds a spending summary feature into its core functionality – a smart way to aid its customers keep track of their Coinbase Card transactions over time.
WINk, the first-ever dapp built on the TRON network, has become the first gaming project to be launched on the Binance Launchpad. Now, Binance completed the WINk lottery draw and is opening trading on August 1.
After Coinbase Pro said that it will now support Tezos, XTZ jumped 16.4% within an hour with trading XTZ against Bitcoin and USD expected to start on August 5 once a four-stage rollout is accomplished.
UnionBank uses its i2i platform to offer the first bank-blockchain transaction in the Philippines connecting islands, individuals, and institutions while offering financial services to the unbanked Filipinos.