Cryptoverse Financial News

11.08 / 07:13

CoinShares Cryptoverse Genesis Trading Worldcoin WLD Cryptoverse: All eyes on ChatGPT-maker's Worldcoin

Worldcoin has no problem attracting eyeballs. More than 2.2 million people have signed up, getting their irises scanned in exchange for a digital ID and, in some countries, free crypto. The new project from ChatGPT founder Sam Altman aims to create a blockchain-based «identity and financial network». Its native coin WLD has kept a steady price between $2 and $2.50 since its launch on July 24, thus far spared the «pump-and-dump» trajectory of many new crypto tokens. The investor jury is out on Worldcoin's prospects, according to Gordon Grant, co-head of trading at Genesis Trading, which isn't offering the token to clients yet. «There are folks that have really taken a view about this project, both with the positive and negative side,» he said.

06.06 / 20:25

markets Bitcoin price today Volatility Derivatives Cryptoverse hedge fund Bitcoin Cryptoverse: Listless bitcoin seeks summer spark

bitcoin investors. Watch. Wait. Don't make the first move. The capricious cryptocurrency's been uncommonly quiet over the past four weeks, bound in the range of $28,452 and $25,800. Even the end of the U.S. debt ceiling saga did little to whet risk appetite. Bitcoin's volatility index is near 64, well below the 2023 peak of 116.5 touched in January, according to CryptoCompare. Overall daily cryptocurrency spot trading volumes — above $20 billion for most of the year — have languished at around $10.6-$12 billion in the last two weeks, data from The Block shows. The data signals a reluctance of investors and traders to take positions in either spot or derivatives, said Noelle Acheson, an economist who has tracked the crypto sector for seven years.

05.04 / 03:19

cryptocurrency Cryptoverse Bitcoin Cryptoverse: Bitcoin traders like their options

bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading exchange for crypto-focused derivatives products. In the 12 months preceding March, by contrast, open interest ranged between 150,000 and 300,000, referring to the number of contracts yet to be settled between buyers and sellers, which provides a measure of investor participation in a market. Most options traders are betting on bitcoin prices jumping higher, with open interest in call options at 206,979 contracts on Deribit, more than double the bearish put options of 93,857.

08.11 / 09:59

cryptocurrency World News Cryptoverse elon Cryptoverse: Elon Musk frees the bird and the dog coin flies

It's no joke. Elon Musk's acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame.

30.08 / 09:07

cryptocurrency Cryptoverse Bitcoin Hero Cryptoverse: Bleeding Bitcoin's Holding Out For A Hero

The amount of bitcoin held for over a year has increased by 54,300 on average in last four weeks.

17.08 / 14:45

Tether CME USDC Cryptoverse Cryptoverse: Electric ether leaps on verge of Merge

After years of delays, the "Merge" seems all but certain to take place in September, with the cryptography underlying the blockchain undergoing a radical shift to a system where the creation of new ether tokens becomes far less energy-intensive. «It's an exciting time for the ethereum ecosystem,» said Omar Syed, co-founder of smart contract platform Shardeum. «I think there will be drama surrounding the Merge, but I don't think there will be any technical hiccups.» Investors seem to agree, with ether outstripping big brother bitcoin.

27.07 / 21:13

coinbase NFT platform Cryptoverse Cryptoverse: What crisis? Venture capitalists bet big on crypto

venture capitalists are pouring money into digital currency and blockchain startups at a pace that's set to outstrip last year's record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data from PitchBook. That puts investment on course to top the record $26.9 billion raised last year, a warmer and happier time for bitcoin and co. «The current market conditions — I don't think they faze investors,» said Roderik

29.06 / 03:49

Blockchain Ethereum Cryptoverse Cryptoverse: Ether holds its breath for the lean, mean 'merge'

merge. That's the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It's elusive. The merge was supposed to happen years ago but has been delayed several times, with developers most recently axing plans to push the button in June, unnerving investors who began to fear it might never see the light of day.

01.06 / 14:51

business cryptocurrency Cryptoverse Bitcoin Cryptoverse: Will you grow old with bitcoin?

If you assumed crypto was just a young person's game, think again.

10.03 / 00:47

Bitcoin news Cryptoverse Bitcoin Cryptoverse: The young HODLers keeping bitcoin on an even keel

That could be down to the new HODLers, in part. Young retail investors betting on bitcoin as a long-term proposition rather than for quick gains are swelling the ranks of these true believers, whose name emerged years ago from a trader misspelling «hold» on an online forum.

09.03 / 07:21

business cryptocurrency Cryptoverse Bitcoin Cryptoverse: The young HODLers keeping bitcoin on an even keel

Bitcoin's been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn't it flying off the handle as we seem to stand on the precipice of World War 3?

Cryptoverse Financial News

popular questions about Cryptoverse

What is Cryptoverse and why is it important?

Where can I find the latest updates on Cryptoverse?

How can I verify the accuracy of information on Cryptoverse?