Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Futures
Binance Lists 3 Altcoins to Expand Futures Trading, Invests in 4 Emerging Crypto Startups
Binance, the leading global crypto exchange, has expanded its trading portfolio by listing futures contracts for three altcoins – Popcat (POPCAT), Sun (SUN), and Alpaca Finance (ALPACA). This move diversifies trading options on Binance Futures. It has notably impacted the market prices of these altcoins. ALPACA Skyrockets Over 70% Following Binance Listing As of today, the ALPACA perpetual contract, which offers up to 75x leverage, began trading at 10:30 UTC. Subsequently, Binance introduced additional futures for POPCAT and SUN, scheduled…
10 months ago
Polkadot’s Decentralized Futures Program: Meet the Recipients
The Decentralized Futures (DF) program by the Web3 Foundation is a major funding initiative aimed at bolstering the Polkadot ecosystem. With a fund of $20 million and 5 million $DOT, the program seeks to expand the network by adding self-sustaining participants. The DF program concluded its review process on July 31, 2024, awarding grants to teams and individuals across various disciplines in the Polkadot ecosystem. These include marketing, business development, onboarding, governance, and technology. Grants For Marketing The following exceptional…
10 months ago
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FuturesVenom Announces Deepcoin Spot & Futures Listings
Singapore, Singapore, July 17th, 2024, Chainwire Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia. Key Highlights Deepcoin’s Market Position Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both…
11 months ago
Terra Luna Classic (LUNC) Announces Oracle Split Logic Update, Futures Surge 20%
Terra Luna Classic (LUNC) developers have completed the development of the Oracle Split, an update that is expected to spur a surge in staking. The split will divert community pool rewards from tax burns into the Oracle Pool, with the update expected to take effect on July 26 at block height 19060800. With staking being the pillar of any healthy DeFi ecosystem, the developers of Terra Luna Classic (LUNC) have announced a long-awaited update that will massively boost staking rewards…
11 months ago
Polkadot’s Dot Play Secures Decentralized Futures Grant for Gaming Innovation
Dot Play, a game development project within the Polkadot ecosystem, has secured funding from the Decentralized Futures Grant to create a comprehensive gaming hub. This significant initiative is pivotal for Dot Play and the broader blockchain gaming landscape. Dot Play, a game development project within the Polkadot ecosystem, has bagged funding through the Decentralized Futures Grant. Congrats to Dot Play They've received funding to build a pivotal hub for gaming in Polkadot by focusing on high-growth genres, essential integration tools,…
11 months ago
Web3 Foundation Awards Decentralized Futures Grant To Dot Play
The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant, a significant development for Polkadot’s gaming ecosystem. Dot Play plans to create a comprehensive and engaging platform that will attract and support game developers who want to leverage Polkadot’s cutting-edge technology. A Crucial Hub For Gaming In Polkadot The Web3 Foundation announced the Decentralized Futures Grant on its official X handle. According to the announcement, Dot Play will allow developers to leverage the Polkadot platform’s cutting-edge technology. “Exciting News!…
11 months ago
Binance’s Major Updates On Futures Trading & ASI Token Merger
The post Binance’s Major Updates On Futures Trading & ASI Token Merger appeared first on Coinpedia Fintech News Binance, in its recent announcement, promises to enhance futures trading and introduce a significant token merger. This week, Binance introduced a ‘Trailing Down’ feature for its futures grid trading bot allowing the bot to adjust lower limits automatically with falling prices, offering users a more dynamic trading tool. Binance also announced the completion of a significant ASI token merger involving Fetch.ai (FET),…
11 months ago
Robinhood’s Bold Crypto Futures Plan: Expansion Amid Regulatory Scrutiny
The post Robinhood’s Bold Crypto Futures Plan: Expansion Amid Regulatory Scrutiny appeared first on Coinpedia Fintech News Robinhood Markets Inc. is going to acquire Bitstamp next year for approximately $200 Million. Before this deal is closed they are considering entering the cryptocurrency futures market. This could expand their offering in the US as well as in Europe. Expansion into Europe and the US Robinhood plans to use Bitstamp’s licenses to offer perpetual futures in Europe. According to anonymous sources, the…
11 months ago
SHIB Futures Contract by Coinbase Derivatives Scheduled for July 15, Can it Propel Shiba Inu Price to $0,00001?
Coinbase Futures filed a prospectus with the CFTC to list perpetual futures for SHIB, which will be settled monthly in cash, and expects to list them on July 15. The exchange also filed applications for perpetual futures for other altcoins, including Chainlink, Avalanche, Stellar Lumen’s XLM, and Polkadot. American exchange Coinbase has given Shiba Inu its latest big win by filing an application with the CFTC to list SHIB futures contracts later this month. Through its CFTC-regulated subsidiary Coinbase Derivatives,…
11 months ago