PRESS RELEASE. In crypto, decentralization is everything. It’s what makes blockchain special—transparent, secure, and controlled by users, not middlemen. But when it comes to trading, many people still rely on centralized exchanges (CEXs) or off-chain platforms, which defeats the purpose of crypto. These platforms can freeze your funds, shut down at any moment, or manipulate […]
Ethereum Shorts Hit Record High as Market Leverage Soars
Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $ 20 billion, setting a new record and highlighting heightened speculative activity. This …
Is Microstrategy’s Bitcoin Leverage a Bigger Threat Than FTX? Vinny Lingham Suggests It’s Possible
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitcoin on its balance sheet. Lingham suggested that Microstrategy could potentially cause harm to bitcoin, possibly even […]
BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements
Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be the key to the economic sovereignty and independence of our countries,” while sidestepping the use of third-party payment networks. Newly Proposed BRICS Unified Exchange May […]
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $ 2 billion. The capital will be replenished in tranches of $ 2 billion to cater to the needs of …